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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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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. That said, the founder is Stewart Butterfield , who co-founded Flickr.

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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. That’s because Powder didn’t come up with its social app for gamers overnight. Overall, 1.5 Overall, 1.5

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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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15 Business Leaders Share Their Experiences and Insights on Getting Through COVID-19

StartupNation

Jerry DiMaso , CEO and co-founder, Knarr Analytics . “In Steve Houle , inventor and founder, Parkit360 . Siddharth Sinha , founder, Dresma . “It Chen Raizman , co-founder and CEO, The ActiveSeat Co. “A Lesley Pyle , founder, HireMyMom. Rish Sharma , CEO and founder, Mallama . “Be Be transparent.

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Extra Crunch roundup: RapidSOS EC-1, how to prep for an M&A exit, inside Genki Forest

TechCrunch

Every 911 center is very different and they are as diverse and unique as the communities that they serve,” said Karin Marquez, senior director of public safety at RapidSOS. “The space, the founder, the products and the back end … they exemplify the new Chinese consumer brand.“.