Web3 Accelerator Program from Cronos Labs
Friday, May 26, 2023 by Freeman Lightner
Cronos Labs, a blockchain startup accelerator focusing on decentralized finance, blockchain games, and the development of the Cronos ecosystem, has announced the second cohort of the flagship US$100M-backed Cronos Accelerator Program. First launched in June 2022, the program targets early-stage crypto projects and provides them with mentorship and funding opportunities ...
Green Grants Program results revealed by Filecoin Green
Friday, May 12, 2023 by Freeman Lightner
The Green Grants Program provides vital funding for initiatives that promote sustainable economic practices and address environmental and social issues. The Regenerative Finance (ReFi) funding initiative is a significant milestone for Filecoin Green as it moves beyond simply decarbonizing the Filecoin Network and towards providing people, organizations, and humanity wit...
Automated service to service access emerges from Otterize
Tuesday, April 18, 2023 by Brittany Hainzinger
Otterize, an open-source solution that's re-inventing how to connect services securely, to each other and to their infrastructures, today announced $11.5M in seed funding and publicly unveiled its new Otterize Cloud product, which is now in GA. The round was led by Index Ventures, followed by Dig Ventures, and Vine Ventures, with participation by Jibe Ventures, Crew...
AI storytelling tool Tome reaches 1M users
Monday, February 27, 2023 by Richard Harris
Tome, the AI-powered storytelling format that turns your ideas into visually compelling narratives, announced the close of a $43 million Series B funding round led by Lightspeed Venture Partners. Existing investors Coatue, Greylock Partners, Audacious Ventures, and Wing Venture Capital also participated in the round, as well as new investor 8VC and angel investors ...
NFTs are making a comeback
Tuesday, February 21, 2023 by Richard Harris
Non-fungible tokens (NFTs) are clawing back to life after an awful year, but the aftermath of the prolonged crypto winter is brutal. The trading volume for NFTs across all sectors, from art to gaming, is still deep below the values seen last year, and NFT collections have lost billions of dollars in value.
NFTs are making a comeback
According to data presented by ...
VCs will fly to quality in 2023
Tuesday, January 24, 2023 by Richard Harris
Andrew Lau, CEO, and co-founder of Jellyfish discusses his predictions for VCs in 2023, including why the days of easy money and endless budgets will come to an end, how the doors are opening for startups to recruit talent that has long been out of reach, and that firms will be deploying heavily once more by the second half of 2023.
VCs will fly to qua...
Communication trends and predictions for 2023 from SendBird
Wednesday, January 18, 2023 by Richard Harris
As Twitter morphs around Elon Musk’s vision and Meta dives deeper into the Metaverse, businesses are reconsidering how they want to communicate with their customers. In 2023, we’ll see not only more companies but a wider variety of companies take a page from WhatsApp, Line, and WeChat as they bring the community and dynamic conversations into their own apps....
Why leaders should not fear layoffs in 2023
Friday, January 13, 2023 by Richard Harris
Peter Pezaris from New Relic discusses his predictions for 2023, including why leaders should not fear layoffs, why we will see renewed investments by the end of 2023, how FOMO will unleash venture capital funding, and why founders should foster a network of VC insiders and entrepreneurs to get insights and perspectives.
Leaders should not fear layoffs
Why SonarSource is growing so much
Thursday, December 22, 2022 by Freeman Lightner
SonarSource announced record growth in developer and enterprise customer adoption. With a 43% growth in its user base, SonarSource supports more than 400,000 organizations and seven million users. The Sonar solution leads the industry with total analyzed code, which now tops more than half a trillion lines of code for organizations across the world. By adding 5,000...
Indie game dev platform The Mirror lands $2.3M in funding
Thursday, December 22, 2022 by Richard Harris
The Mirror has raised a $2.3M Pre-Seed Round led by Founders Fund. Participants in the round include early-stage investment firms Konvoy Ventures, Abstract Ventures, Florida Funders, and Palm Tree Crew. Founded in Miami, Florida, in 2022 by Jared McCluskey (CEO and CTO), The Mirror simplifies the complexities of game development into a single platform, providing indie g...
Vacation rental software solution Lodgify lands $30M
Monday, November 28, 2022 by Freeman Lightner
Vacation rental software startup Lodgify has secured $30 million in Series B funding. The investment round was led by Octopus Ventures with participation from Bonsai Partners, Aldea Ventures and ICF (Institut Català de Finances) as well as existing investors, Intermedia Vermögensverwaltung and Nauta Capital.
Lodgify will use the funds to acceler...
AI created milk chocolate that pleases all
Monday, November 7, 2022 by Richard Harris
To fulfill people’s needs and respond to growing health challenges the milk chocolate of the future was created with a unique milk powder solution. "The Bar" is a milk chocolate landscape that combines all the changing preferences of people’s cravings while having 30% less sugar.
Milk being the core ingredient of chocolate, a Finnish dairy,...
Casual gaming could get disrupted by social design
Tuesday, November 1, 2022 by Freeman Lightner
Turkish mobile games studio Magic Games has raised more than $5 million in seed funding led by Makers Fund, with participation by Firat Ileri, and Hummingbird Ventures. Founded by former Peak Games leaders Cagri Ozturk, Ruya Celikcan, and Mert Kasar, and joined by senior industry leaders Murat Ozcelik, Anil Sert, and Orhan Tuc, the team draws from deep experience creati...
Geo localized metaverse events from OVER
Monday, October 24, 2022 by Richard Harris
OVER has launched its new desktop application, OVER GATE Console. Designed to create unique geo-localized experiences that bridge the gap between the physical and digital worlds, OVER GATE Console enables users to organize, manage and customize their own live AR events worldwide across the metaverse. Leveraging sophisticated next-generation technology, OVER GATE allows ...
$50M in funding raised by Theorycraft Games
Wednesday, October 19, 2022 by Brittany Hainzinger
Theorycraft Games has announced an additional $50 million raised in Series B funding, led by Makers Fund with participation from NEA and a16z. Theorycraft Games will use this raise to continue building out the most talent-dense team in games and to ensure they can keep making deep, 10,000-hour games that are just better when played with friends, like the company’s...
How to integrate payments into SaaS products
Tuesday, October 11, 2022 by David Sharp
The disruptive nature of the COVID-19 pandemic impacted small and medium-sized businesses (SMBs) in many ways, from changing consumer expectations. to a migration to a remote workforce, to immense supply chain issues. To combat this disruption, many businesses either sped up their digital transformation investments or started down that path out of necessity.
Edge computing company EDJX appoints new CEO
Monday, October 3, 2022 by Brittany Hainzinger
EDJX announced that it has hired a new CEO while simultaneously raising a seed round of funding. EDJX’s CEO Benjamin Thomas has assumed day-to-day leadership of the company and joined EDJX’s Board of Directors. Thomas is a serial entrepreneur and founder of two companies, which combined sold for over two hundred million dollars in enterprise value to strateg...
Developer led visibility practices advance at SmartBear
Thursday, September 1, 2022 by Richard Harris
SmartBear, a provider of software development and visibility tools, has hired world-class artificial intelligence (AI) leader Jim Wu as VP of AI and Data Science working in the SmartBear Innovation Labs and product management leader Anthony Bryce as VP of Product Management. Both are supporting the company’s strategy to provide critically-needed visibility for dev...
App Stability Index of top mobile apps
Wednesday, August 31, 2022 by Brittany Hainzinger
SmartBear, a provider of software development and visibility tools, has released its 2022 App Stability Index Report measuring the stability of the top 250 mobile and web apps used by Bugsnag customers worldwide. Using Bugsnag data from a 30-day period, the third annual report shows mobile apps are continuing the release trend of once per week, moving from a weekly rele...
Metaverse industry report 2022 from GamesPad
Tuesday, August 30, 2022 by Freeman Lightner
The Metaverse Industry Report 2022 by GamesPad Co-Founders Constantin Kogan and Eran Elhanani examines new markets in the metaverse, as well as strategies for entrepreneurs to capitalize on emerging business opportunities.
The potential metaverse market opportunity is projected to reach a whopping $13 trillion by 2030. Many leading brand...
Ukrainian female launches self empowerment app
Tuesday, August 30, 2022 by Brittany Hainzinger
Breverie, a new goal-setting and personal development application for women announced today its official launch. Founded by Ukrainian tech entrepreneur Olena Mytruk, Breverie provides a unique app experience using a heart-centered approach to guide users through the process of aligning their goals and working toward creating their dream-driven impact.
Female tech ent...
Your digital commerce strategy
Monday, August 29, 2022 by Boris Lokschin
Events of recent years have catapulted the demand for digital transformation, and digital commerce was no exception. E-commerce sales grew 50% over the pandemic, reaching a whopping $870B. With digital commerce booming in all sectors, and demand for excellent digital experiences growing with it, developers’ workloads are bigger than ever. As a result, 83% say...
$3M in funding secured by W3 Storage Lab
Thursday, August 25, 2022 by Brittany Hainzinger
W3 Storage Lab has announced that it closed a pre-seed financing round of $3M. The round was co-led by Draper Dragon and OKX Blockdream Ventures with major participation from Lingfeng Capital and participation from other investors. Proceeds from the round will be used to grow its global team and fund operations.
W3 Storage Lab has co-developed a next-generation distr...
Metaverse avatar platform secures $56M in funding
Wednesday, August 24, 2022 by Freeman Lightner
Ready Player Me, a cross-game avatar platform that allows users to explore virtual worlds with one consistent identity, has closed a $56M Series B round led by Andreessen Horowitz (a16z), with participation from other notable investors including David Baszucki, co-founder of Roblox, Justin Kan, co-founder of Twitch, Sebastian Knutsson & Riccardo Zacconi, King Games ...
Open Finance transformed by Klavi
Monday, August 22, 2022 by Brittany Hainzinger
Klavi has announced that they received $15M USD in capital contribution. The series A round was led by venture capital funds Iporanga Ventures and Parallax Ventures and included GSR Ventures (an investor in several unicorns, including Didi/99). The banking infrastructure provider CIP S.A. and Vivo Ventures, Vivo's Corporate Venture Capital (CVC) launched in April, a...
Celebrities promoting NFTS warned by TINA
Friday, August 19, 2022 by Brittany Hainzinger
An increasing number of celebrities are jumping on the NFT bandwagon, showcasing their digital assets on social media for the world to see. But are they just showing off or do they have a personal stake in the NFT and/or NFT company that they aren’t properly disclosing? Ad watchdog truthinadvertising.org (TINA.org) is seeking answers.
TINA.org has sent letters ...
Why a burst in the tech funding bubble is a good thing
Thursday, August 18, 2022 by Richard Harris
There's no doubt that there's a lot of money flowing into tech right now. But that may not mean we're in a bubble. Money always follows opportunity, and right now there are some incredible opportunities in tech. We're seeing breakthroughs in artificial intelligence, virtual reality, and other cutting-edge technologies. These advances are creating ne...
Using blockchain to grow your business
Tuesday, August 16, 2022 by Mark Kaley
By now, almost everyone who spends time in the tech space knows that blockchain technology is having a moment. It is a digital technology that has gained prominence in recent years, especially concerning the cryptocurrency industry.
How you could be using blockchain to grow your business
Blockchain technology is not just for tech-savvy bitcoin traders, however. Th...
VR sports app Gym Class secures $8M in funding
Thursday, August 11, 2022 by Brittany Hainzinger
Gym Class has raised $8 million in a seed round led by Andreessen Horowitz (a16z), with participation from Y Combinator. Gym Class combines the fun, fitness, social, and entertainment aspects of real-world sports delivered in best-in-class VR basketball. Gym Class is set to launch on the Meta Quest Store in fall 2022.
VR sports app Gym Class raises $8M ahead of a fal...
DeepNFTValue raises $4M in funding
Thursday, August 4, 2022 by Freeman Lightner
DeepNFTValue, a machine learning company that uses deep neural networks to price non-fungible tokens (NFTs) and other NFT assets, has announced a $4 million raise led by Rockaway Blockchain Fund, a venture capital firm backing leading Web3 founders. The raise also included investment from 1Confirmation, and Cygni Capital, among others.
Founded by deep learning resear...
Arable lands $40M to accelerate sustainable agriculture
Tuesday, August 2, 2022 by Richard Harris
Arable, the leader in field intelligence for agriculture, today announced it has raised $40 million in series C financing. The company will use the new funding to advance climate resilience in agriculture by accelerating product development, delivering new services for customers, and expanding its global footprint.
Arable received the very first investment from Tom S...
Web3 gaming redefined by Souq
Tuesday, June 28, 2022 by Brittany Hainzinger
Businesses have become increasingly reliant on Web3 in 2022, though according to Bloomberg, Deutsche Bank predictions and Fed rate raises may signal a recession looms. In that case, CoinDesk adds that signs point to a continued and strong correlation between recession-trending stock markets and cryptocurrency performance.
Now more than ever, ownership of digital asse...
Blockchain enhanced sports games
Friday, June 10, 2022 by Brittany Hainzinger
Independent games studio SuperTeam Games has raised $10 million in its first round of funding to develop cross-platform sports games that utilize blockchain technology.
The financing was led by Griffin Gaming Partners, other investors include Powerhouse Capital, and individual contributors such as former Disney CEO Michael Eisner and MLS franchise owners Steve Kaplan...
Tech Capital Location Award 2022 winner
Friday, June 10, 2022 by Freeman Lightner
Quantum Loophole, Inc., a developer of Gigawatt-scale master-planned data center communities, has announced that the company has won the Location Award 2022 in the first edition of The Tech Capital Global Awards. The Tech Capital Location Award is the only annual prize to recognize geography for its attractiveness and investor-friendly climate when dealing with dig...
Gala May Mayhem wrapped up
Thursday, June 9, 2022 by Brittany Hainzinger
Gala, and its gaming division, Gala Games, have wrapped up their second annual month-long reward event called May Mayhem. Started in 2021, the event was designed to grow Gala’s user base and to reward as many current players as possible with large prizes in GALA, the official crypto token of the Gala Games Ecosystem.
Even in the midst of the largest drop in the...