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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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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. VC firm Konvoy Ventures led the Series A round. Carry1st has $4M to invest in African mobile gaming.

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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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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. Daniel Li, Madrona Venture Group. 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). Carry1st also received investments from Avenir and Google; it’s the latter’s second check from its Africa Investment Fund.

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Kodland, which teaches kids digital skills, grabs $9M to scale its online coding school

TechCrunch

The round is led by Redseed Ventures, with participation from Baring Vostok, Kismet, Flyer One Ventures and Alexander Nevinsky, a partner at New York-based I2BF. The Kodland team focuses precisely on the practical knowledge and opportunities for children to learn relevant professions in an interactive manner.”

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This Week in VC with Om Malik & Paul Jozefak

Both Sides of the Table

What a pleasure that I got to spend an hour talking with both Om Malik (whom I’ve always respected his views) and Paul Jozefak , a venture capital partner at Neuhaus Partners in Germany (and formerly the head of Europe for SAP Ventures). Paul discussed his perspective having been at SAP Ventures. Read more: PaidContent.

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