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Revel raises $7.8M to become the Instagram and Robinhood of NFT platforms

TechCrunch

Revel , an NFT or “social collectibles” platform, raised $7.8 million in seed financing led by Dragonfly Capital, the startup’s CEO, Adi Sideman, exclusively told TechCrunch. One way to describe Revel is a cross between Instagram and Robinhood, wrapped in social game economics,” Sideman said.

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Rec Room raises $145M at a $3.5B valuation for its user-generated, immersive gaming platform

TechCrunch

On the heels of Roblox hitting it big with its platform for user-created gaming content, another startup has landed a major round of funding to build out its own user-generated platform aimed at immersive experiences. billion valuation. billion valuation. (To There are some 12 million rooms on the platform already, Rec Room said.

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Equal access to capital and entrepreneurship is the final civil rights movement

TechCrunch

But despite my privilege, I’m also confident that my Black heritage made it more difficult for me to raise venture capital. Today — and the data proves this — if you are a white male, you have an unfair advantage when looking to raise venture capital. At the time, I didn’t even know that raising venture capital was a possibility.

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Metaverse Magna raises $3.2M at a $30M valuation to build Africa’s largest gaming DAO

TechCrunch

In a statement, MVM said the funding will expand its efforts to build “Africa’s largest gaming DAO and provide gamers with access to world-class opportunities.”. Meanwhile, MVM said it is building a soon-to-launch social gaming app, Hyper.

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This Week in Venture Capital – Episode 2

Both Sides of the Table

I was on This Week in Venture Capital (TWiVC) again this week with Jason Calacanis. mm in Series A; IdealLab ( Bill Gross ), Index Ventures ( Danny Rimer ), Revolution LLC ( Steve Case ), First Round Capital , BetaWorks , Jason Calcanis. Tags: This Week in Venture Capital VC Industry. He’ll discover the value.

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Powder raises $14 million for its social app for game clips

TechCrunch

Meet Powder , a French startup that helps you share video clips of your favorite games, follow people with the same interests and interact with them. Powder wants to build the video infrastructure for social gaming. We thought we would create a community first and then a product,” co-founder and CEO Stanislas Coppin told me.

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Turkey’s Spyke raises $55M in a seed round to bring a social twist to casual mobile games

TechCrunch

“Turkey has always been known as a capital-efficient place for startups,” she said in an interview, referring to the fact that there is a strong pipeline of engineers coming out of education in the country, but also the fact that hiring them is “super affordable” compared to hiring equivalent talent in London or the Bay Area.