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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. There are some 12 million rooms on the platform already, Rec Room said.

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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. We thought we would create a community first and then a product,” co-founder and CEO Stanislas Coppin told me.

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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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The Last Gameboard raises $4M to ship its digital tabletop gaming platform

TechCrunch

As the company’s CEO and co-founder Shail Mehta explained in a TC Early Stage pitch-off earlier this year, The Last Gameboard is a 16-inch square touchscreen device with a custom OS and a sophisticated method of tracking game pieces and hand movements. ” 8 investors discuss social gaming’s biggest opportunities.

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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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Role’s video role-playing platform makes a $2.75M charm attempt on the burgeoning tabletop world

TechCrunch

Some platforms, like Roll20 and Fantasy Grounds , have seized on this opportunity to provide online video collaboration platforms for playing games like D&D, strategy titles, and many others of the general tabletop type. “The game lives in the minds of the people, a shared social experience.

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

TechCrunch

This doesn’t take anything away from the brilliant white male entrepreneurs that have built incredible companies, but it has made an equivalent crowd of Black founders almost nonexistent. I began to realize that venture capital is a bit of a social game — and I was about to play it for two years. Image Credits: Supplied.