Why Hiro is bullish on UK and EU game dev funding after helping The Chinese Room and Bulkhead go independent

Hiro Capital's advisory division has helped The Chinese Room and Bulkhead return to independence, signaling a shift from industry consolidation to fragmentation. The VC firm sees strong opportunities in UK and EU game dev funding due to world-class talent, lower costs, and regulatory barriers limiting Asian investment in North America. However, the funding landscape has become more challenging—it's now a "buyer's market" requiring developers to demonstrate unique IP, technology, or expertise to attract capital.

Appeared in 2026-02-16.