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Motor World: Car Factory studio receives $4M in funding

Oh Bibi, the French studio behind popular mobile free-to-play game Motor World: Car Factory, has received 3 million euros ($4.1 million) in funding for its next game.
Newsbrief: Oh Bibi, the French studio behind popular mobile free-to-play game Motor World: Car Factory, has received 3 million euros ($4.1 million) in funding for its next game. The company was founded in 2012 by former Gameloft vice president Stanislas Dewavrin, and soon afterwards released Motor World for iOS, which went on to receive several million downloads. Time Equity Partners and Japanese publisher Gumi are the companies behind this round of investment -- and Time has also acquired a minority stake in Oh Bibi. Oh Bibi is now hiring in the Paris area.

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