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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.”. 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.”.

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Stream raises $38M as its chat and activity feed APIs power communications for 1B users

TechCrunch

Stream , which lets developers build chat and activity streams into apps and other services by way of a few lines of code, has raised $38 million, funding that it will be using to continue building out its existing business as well as to work on new features. ” That moment of opportunity is not one that Stream is pursuing on its own.

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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, Techstars’ expansion plans

TechCrunch

I’ve seen some founders — as a VC, this is gonna sound self-serving me saying this — but I’ve seen some founders that raise way too little capital in their pre-seed round or their seed round. VCs say there are more startup opportunities to chase in Latin America. VCs say there are more startup opportunities to chase in Latin America.

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

TechCrunch

The firm is known for its investment in the video gaming industry’s infrastructure, technology, tools and platforms. Riot Games (developer of League of Legends), Tokyo’s Akatsuki Entertainment Technology Fund (the company behind Dragon Ball Z), Raine Ventures and fintech VC TTV Capital participated.

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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). Competitors: Playdom , Social Gaming Network. Are “strategic investors&# (e.g.

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

StartupNation

I’ve had the opportunity to help business owners strategize their plans using PR as a tool to help navigate through difficult times with clarity. Nick Quain , VP, venture development, Invest Ottawa . “Go The opportunity is there, you just need to find it. Go on the offensive. Don’t try to fight it.