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Social First, a Finnish developer working on its first project, a cross-platform social MMO, has announced a $4.2 million seed funding round to fund the game's development.

Blue Scarab, a new studio based in Stockholm, Sweden, has announced a $7 million seed funding round to develop its first game, an MMORPG blending "cozy escapism and true crime".

Loric Games, the studio founded by former Mythic Entertainment and BioWare devs have announced that it just closed a funding round, as well as the appointment of industry and MMO vet Jeff Hickman as the company's new CPO.

Project Gorgon, an MMORPG developed by Eric Heimburg and Sandra Powers, has faced several challenges in its development over the past several years, particularly in funding.

Klang Games, developer of SEED, has just closed $41 million in Series C funding for continued development and to grow the company. 

Raph Koster and Eric Goldberg's Playable Worlds is moving along on its upcoming cloud-native sandbox MMO with the announcement of $25 million in Series B funding led by Kakao Games, BITKRAFT, and others.

We reported in late August that TitanReach would no longer be able to continue development due to funding struggles. In an exciting turn, co-founder and developer Hayden 'Unravel' Dee posted some surprising news that TitanReach was able to secure no-strings-attached funding of the whole game.

Clockwork Labs, a new fully remote independent game development studio by MMO veterans, has announced it has raised $4.3 million to create a new community sandbox MMORPG.

Twin Drums, the development team behind The Wagadu Chronicles has received additional funding from Medienboard, a regional business with branches aimed at funding films and media development.

Medieval MMORPG Past Fate became fully funded over the weekend, surpassing its goal of $25,000.

Star Citizen has reached another funding milestone has it has now raised over $300 million.