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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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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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Stephanie Zhan walks through the Rec Room pitch deck that won Sequoia’s investment

TechCrunch

In a recent episode of TechCrunch Live (formerly Extra Crunch Live) , Sequoia partner Stephanie Zhan and Nick Fajt, founder and CEO of social gaming platform Rec Room , explained what the venture capital firm looks for in consumer-facing startups. You can check out the whole episode as well as the Rec Room pitch deck below.

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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. a16z, Avenir and Google back South African mobile games publisher Carry1st in $20M round.

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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). Carry1st also received investments from Avenir and Google; it’s the latter’s second check from its Africa Investment Fund. It’s a heavyweight group.

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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. ” 8 investors discuss social gaming’s biggest opportunities.

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