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UPDATE 30/3/22: Following reports of Funomena's closure last night the studio has tweeted to say it's still actively working on closing an investment round.
"Funomena was in the process of closing an investment round just before GDC, and we are still actively working to do so," reads the tweet. "Last week we let everyone know that if we do not successfully finish the fundraise, we will be forced to close the studio.
"We love game development, we love making games and we love bringing people into the community. It is our sincere hope that we can continue to do so, together."