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Overplay’s Wefunder Campaign brings in $1 million from Retail Investors, Funding Social Gaming AI-Powered Tech

American Entrepreneurship

Community Crowdfunding Platform brings multiple benefits to Social Gaming Startup Funding strategy plays an important role in how much and how quickly a startup receives funding. In a matter of hours, the gaming startup raised $1 million from retail investors with a minimum investment of $100.

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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. 1 downloaded game in the U.S.

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

TechCrunch

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. The company started as a game studio, developing and launching its own mobile games.

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Gaming infrastructure startup Pragma raises $12M from Greylock, Mark Pincus and others

TechCrunch

Pragma is building what it calls a “backend as a service,” providing ready-made infrastructure to developers of online, live service games. Amy Chang, who sold her business intelligence startup Accompany to Cisco, is joining Pragma’s board of directors. Image Credits: Pragma.

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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.”. Emerging markets, including Africa, account for 30% of this number; platforms like MVM see games as one way to introduce these millions of users to web3.

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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. It says it will also be spending on product development. Kodland’s remote courses for children aged 6-17 are currently available in the U.K., Ireland, the U.S.,

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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