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African gaming startup Carry1st raises $27M from Bitkraft Ventures and a16z

TechCrunch

Since its launch in 2018, Carry1st, a publisher of social games and interactive content across Africa, has raised funding from investors such as Google via its Africa Investment Fund and Avenir Growth Capital. We now have, in our minds, the three best funds that focus on gaming and web3.

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

TechCrunch

But despite my privilege, Iā€™m also confident that my Black heritage made it more difficult for me to raise venture capital. Today ā€” and the data proves this ā€” if you are a white male, you have an unfair advantage when looking to raise venture capital. and it was refreshing. So I upped and moved to San Francisco.

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Metaverse Magna raises $3.2M at a $30M valuation to build Africaā€™s largest gaming DAO

TechCrunch

In a statement, MVM said the funding will expand its efforts to build ā€œAfricaā€™s largest gaming DAO and provide gamers with access to world-class opportunities.ā€. Gaming presents a unique opportunity to help young Africans earn and lift themselves and their families out of poverty.

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Riot Games and Konvoy Ventures back games publisher Carry1st in $6M Series A

TechCrunch

CRE Ventures led that round , but this time, the company, which has offices in Cape Town and New York, brought in a blue-chip group of investors spanning gaming, media and fintech. VC firm Konvoy Ventures led the Series A round. The company started as a game studio, developing and launching its own mobile games.

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Extra Crunch roundup: 2 VC surveys, Teslaā€™s melt up, The Roblox Gambit, more

TechCrunch

We’ve already gotten feedback on this overview of subscription pricing models , and a look back at 2020 funding rounds and exits among Israel’s security startups was aimed at our new members who live and work there, along with international investors who are seeking new opportunities. Daniel Li, Madrona Venture Group.

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a16z, Avenir and Google back South African mobile games publisher Carry1st in $20M round

TechCrunch

Carry1st , a South African publisher of social games and interactive content across Africa, has raised a $20 million Series A extension led by Andreessen Horowitz (a16z). A couple of prominent individual investors, including Nas and the founders of Chipper Cash , Sky Mavis and Yield Guild Games, took part.

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TechCrunch+ roundup: VCs rate pitch decks, IPO analysis, Techstarsā€™ expansion plans

TechCrunch

ā€œEspecially for first-time founders, assessing product-market fit at a stage where itā€™s mostly anticipation can be as much art as science,ā€ writes News Editor Darrell Etherington, who interviewed three VCs about the topic for TechCrunch Disrupt: Heather Hartnett, Human Ventures. David Thacker, Greylock. Victoria Treyger, Felicis. ā€œIn