article thumbnail

Rec Room raises $145M at a $3.5B valuation for its user-generated, immersive gaming platform

TechCrunch

Rec Room has been around for just five years (launched in 2016 in Seattle), and it has — at least for now — avoided the fast-rise/precipitous fall that has characterized so many other social gaming hits. There are some 12 million rooms on the platform already, Rec Room said.

article thumbnail

Kodland, which teaches kids digital skills, grabs $9M to scale its online coding school

TechCrunch

And with a nod towards the creator economy, it’s established its own “accelerator” — called Out of the Box — where it offers (extra) support to the most talented students to help them monetize their digital creations by turning them into “real-life” products.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Daily Crunch: Investors back away from Dispo

TechCrunch

That means any potential profits will be donated to organizations supporting survivors of sexual assault. Zoom introduces new SDK to help developers tap into video services — The company envisions application developers embedding video in social, gaming or retail applications. The tech giants.

article thumbnail

Epic Games to shut down Houseparty in October, including the video chat ‘Fortnite Mode’ feature

TechCrunch

Last year, Epic Games integrated Houseparty with Fortnite, initially to allow gamers to see live feeds from friends while gaming, then later adding support to livestream gameplay directly into Houseparty. 8 investors discuss social gaming’s biggest opportunities.

article thumbnail

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). In a statement, the company said it intends to acquire more users by expanding into game co-development with studios.

article thumbnail

Why you have to pay attention to the Indian startup scene

TechCrunch

Bikayi said more recently that it recorded 100% growth in the number of merchants it supports, and 100% revenue growth in September. Well, according to a survey of Gen Z VCs , their top three focuses are the creator economy, edtech and social gaming. So the WhatsApp-focused Shopify-for-India is racing ahead.

startup 144
article thumbnail

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

TechCrunch

. “The game lives in the minds of the people, a shared social experience. As an analogue, they referred to the social gaming explosion a decade ago. Because we had social media platforms and mobile phones then, we were socializing over those — so we naturally looked for ways to play over them,” they said.