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Verofax to raise US$750,000 on Beban Crowdfunding Platform

- Offering GCC retail investors interactive access to private equity investment opportunities BAHRAIN, Mar 5, 2023 - (ACN Newswire) - Verofax, the leader in brand marketing and AI-powered solutions for enterprise, was featured on Beban 2 (Episode 9, Mar 1, 2023), the hit entrepreneur & investment-themed reality TV program airing on Bahrain TV, Alrai TV and Dubai TV, as well as Shahid, the region's largest video-on-demand platform. Wassim Merheby, CEO & Co-Founder, and Jamil Zablah, CMO & Co-Founder, Veromax, a product winning SaaS provider helping brands achieve growth by turning offline products interactive for

How one WoW nerf changed cryptocurrency forever

Since its release in 2004, World of Warcraft has earned a legion of followers around the world. The title has had a tremendous impact on culture, but one of its least expected ripples caused a revolution in cryptocurrency. Perhaps the most intriguing example is with Vitalik Buterin, now known as one of the founding fathers of Ethereum (ETH). Before his biggest creation, however, Buterin was a Russian-Canadian who played Warlock from 2007 until 2010. He quit the class—and WoW altogether—after Blizzard nerfed one of his class’ spells. The nerf upset

Companies Going Public in 2021: Visualizing IPO Valuations

Can I share this graphic?Yes. Visualizations are free to share and post in their original form across the web—even for publishers. Please link back to this page and attribute Visual Capitalist. When do I need a license?Licenses are required for some commercial uses, translations, or layout modifications. You can even whitelabel our visualizations. Explore your options. Interested in this piece?Click here to license this visualization. ▼ Use This Visualization Companies Going Public in 2021: Visualizing Valuations The beginning of the year has been a productive one for global markets, and

Facebook buys game studio BigBox VR

Facebook has bought several virtual reality game studios over the past couple of years, and they added one more to their portfolio Friday with the acquisition of Seattle-based BigBox VR. The studio’s major title, “Population: One,” was one of the big post-launch releases for Facebook’s Oculus Quest 2 headset and is a pretty direct Fortnite clone, copying a number of key gameplay techniques while adapting them for the movements unique to virtual reality and bringing in their own lore and art style. As has been the case for most of

As Zynga impresses, rival mobile-gaming shop Jam City looks to list via SPAC

While it would be nice to write about something other than yet another tech company looking to list via a SPAC, the deals keep dropping, so our more traditional fare of covering startup trends will remain on hold for at least one day more. This morning, we’re looking at the Jam City deal to merge with DPCM Capital. Jam City is a bit like Zynga, but unless you are a mobile-gaming aficionado, you might not have heard of it. The Exchange explores startups, markets and money.  Read it every morning

Discord’s reported $10B exit; Compass and Intermedia Cloud Communications set IPO price ranges

It’s demo day for the current Y Combinator class, so we’ll have a largely early-stage focus at TechCrunch today. But there’s also a host of late- and super-late-stage news this morning that matters. Let’s get to all of it before we start to talk accelerators, overheated pre-seed valuations and the like. The Exchange explores startups, markets and money. Read it every morning on Extra Crunch, or get The Exchange newsletter every Saturday. There are three things to discuss. First, the possible $10 billion exit of Discord to Microsoft. Discord is

How ByteDance plans to crack the gaming industry

For the last few years, ByteDance, the parent company of short video app TikTok, has been working to diversify its revenue streams beyond advertisement and find more ways to monetize its hundreds of millions of users. One area it is targeting is gaming, which has historically been a lucrative business in China’s internet economy. China is the world’s largest gaming market, generating revenues of $40.85 billion in 2020, according to market research firm Newzoo. The United States trailed behind at $36.92 billion. But competition is also intense. Giants Tencent and

How has Corsair Gaming posted such impressive pre-IPO numbers?

After the last few weeks of IPOs, you’d be forgiven if you missed Corsair Gaming’s own public offering. The company is not our usual fare. Here at TechCrunch, we care a lot of about startups, usually technology startups, which often collect capital from private sources on their way to either the bin, an IPO or a buyout. Corsair is some of those things. It is a private company that builds technology products and it has raised some money while private. But from there it’s a slim list. The company was founded in 1994,

DoubleDown is going public: Why isn’t its IPO worth more?

Agora isn’t the only company headquartered outside the United States aiming to go public domestically this quarter. After catching up on Agora’s F-1 filing, the China-and-U.S.-based, API-powered tech company that went public last week, today we’re parsing DoubleDown Interactive’s IPO document. The Exchange is a daily look at startups and the private markets for Extra Crunch subscribers; use code EXCHANGE to get full access and take 25% off your subscription. The mobile gaming company is targeting the NASDAQ and wants to trade under the ticker symbol “DDI.” As with Agora, DoubleDown