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

TechCrunch

This February, Africa and emerging market-focused Nestcoin raised a pre-seed round to build, operate and invest in its web3 applications, including crypto content platform Breach Club and gaming guild Metaverse Magna (MVM). MVM’s seed sale token ensures opportunities for millions of gamers in these emerging markets.”.

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Consumer investment fatigue

Tomasz Tunguz

Many of the promising marketing and media innovations of the past six years, daily deals, subscription ecommerce, social gaming and social media, have been struggling. I’ve been asked a few times whether there is consumer investment fatigue as a result. But consumer investment will continue.

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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). Carry1st also received investments from Avenir and Google; it’s the latter’s second check from its Africa Investment Fund.

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

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Extra Crunch roundup: 2 VC surveys, Tesla’s melt up, The Roblox Gambit, more

TechCrunch

Despite many distractions in our first full week of the new year, we published a full slate of stories exploring different aspects of entrepreneurship, fundraising and investing. 8 investors discuss social gaming’s biggest opportunities. ” 8 investors discuss social gaming’s biggest opportunities.

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

TechCrunch

million seed investment. 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. The firm is known for its investment in the video gaming industry’s infrastructure, technology, tools and platforms.

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TechCrunch+ roundup: VCs rate pitch decks, IPO analysis, Techstars’ expansion plans

TechCrunch

This year, investors pumped a record amount of venture capital into the world’s startups: In Q2 2021, VCs invested $156 billion, upping that to $158 billion in Q3. VCs say there are more startup opportunities to chase in Latin America. VCs say there are more startup opportunities to chase in Latin America.