General Partner

Resolution Games closes $25M Series C funding round to dedicate more to existing titles and deliver additional live VR games

In Virtual Reality News July 14, 2021 – Resolution Games, a Virtual Reality (VR) games studio known for titles including Demeo, Blaston, Cook-Out: A Sandwich Tale and others, has today announced it has closed a Series C funding round of USD $25 million, bringing the company’s total funding to USD $38.5 million. The round was co-led by Qualcomm Ventures LLC and BITKRAFT Ventures, followed by Knutsson Holdings AB. Prior investors who also took part in the round included GV, MizMaa, GP Bullhound, Partech, Creandum, Initial Capital, Bonnier Ventures and Sisu

Dream Games raises $155M at a $1B valuation as its Royal Match puzzle game hits a royal flush

Istanbul in Turkey continues to prove itself as very fertile ground for casual gaming startups, which appear to be growing from small seedlings into sizable trees. In the latest development, Dream Games — a developer of mobile puzzle games — has raised $155 million in funding, a Series B that values the startup at $1 billion. This is a massive leap for the company, which raised $50 million (the largest Series A in Turkey’s startup history) only 3.5 months ago. This latest round is being co-led by Index Ventures and

UTA Adds Immortals Gaming Club Co-Founder Clinton Foy as General Partner, Venture Capital

Sports and entertainment firm UTA has announced the addition of Clinton Foy as a general partner to its UTA Ventures division. Foy will work to grow the company’s direct investing portfolio with a focus on venture funding. Prior to joining UTA, Foy served as general partner and managing director for Crosscut Ventures, a firm active in the esports space. During his time with Crosscut, Foy was lead investor in several gaming and esports rounds including with Streamlabs, PlayVS, and Immortals Gaming Club. Foy is also a co-founder and co-owner of

UTA appoints Clinton Foy as Venture Capital Partner

Talent, entertainment and sports agency UTA has announced that veteran investment executive Clinton Foy will be joining UTA Ventures as General Partner, Venture Capital. Working alongside Sam Wick, the Head of UTA Ventures, Foy’s work will focus on growing and developing the company’s investment platforms. Credit: Clinton Foy | LinkedIn RELATED: UTA appoints Ander Nickell as esports Brand Partnerships Executive Prior to joining UTA, Foy was General Partner and Managing Director at Crosscut Ventures, where he was the lead investor in several successful companies, including Streamlabs, PlayVS, and FitOn. For

Pllay adds $1M in funding for skill-based video game wagering

GamesBeat Summit 2021 #GBSummit returns with two days of content and networking designed for industry executives. April 28-29, 2021 Register Now Pllay has raised $1 million in funding for its skill-based video game wagering platform. Pllay enables gamers to wager on 1-on-1 duels. Viridian Equity Partners and investor Gayle Jennings-O’Byrne led the new round. The funding comes in addition to the $3 million that Pllay raised in November, when it announced that it raised money from James McGuckin’s Screen Play Ventures and other angel investors including NBA All-Star Bradley Beal, Obsidian

Augmented Reality board game creator Tilt Five secures USD $7.5 million in Series A funding

[embedded content][embedded content]In Augmented Reality News October 28, 2020 – Tilt Five, creator of a tabletop augmented reality (AR) board game that features the use of AR headsets within its games, has today announced that it has secured USD $7.5 million in Series A funding. The funding round was led by SIP Global Partners, with participation from investors BITKRAFT Ventures, Galaxy Interactive, Logitech, and games industry innovator Ken Birdwell. SIP Global Partners’ Jeffrey Smith will now join Tilt Five’s board of directors. Following a USD $1.7 million Kickstarter campaign last year, this

Tilt Five Secures $7.5M Series A to Revolutionize Gaming Through 3D…

Tilt Five Promo Photo “While the tech giants invest billions in far-off solutions, this investment expands our ability to deliver on a proven set of technologies resulting in an affordable, social and wearable device,” said Jeri Ellsworth, Tilt Five CEO. SAN JOSE, Calif. (PRWEB) October 28, 2020 Tilt Five, an entertainment system provider that uses proprietary augmented reality (AR) glasses, a game board, and a wand controller to engage players in tabletop and video games in 3D holographic environments, today announced that it has secured $7.5 million in Series A

SIP Global Partners Leads $7.5 Million Series A Funding For Tilt Five,…

NEW YORK (PRWEB) October 28, 2020 SIP Global Partners, a Japan-US headquartered VC firm that invests in transformative global technology, today announced it is leading a $7.5 million Series A round for Tilt Five. Tilt Five is an entertainment system provider that uses proprietary augmented reality (AR) glasses, a game board and a wand controller to engage players in tabletop and video games in 3D holographic environments. As part of the investment, General Partner of SIP Global Partners Jeffrey Smith will join Tilt Five’s Board of Directors. Other participants in

GamerzClass Secures $1M Financing, Refreshes Board of Directors

Danish educational esports platform GamerzClass raised a $1M USD financing round led by Copenhagen-based venture capital fund Bumble Ventures. As part of the investment, the company also refreshed its board of directors and presented a new strategy. Further investors in the financing round included London-based firm TrueSight Ventures, the danish growth fund Vækstfonden (which is also an investor in esports tournament organizer BLAST), former general partner at Index Ventures Ben Holmes, Christian Legêne, and former deputy director of TDC Group Kathrine Stampe Anderson, who also joins GamerzClass’ board of directors.

CRV’s Saar Gur wants to invest in a new wave of games built for VR, Twitch and Zoom

Saar Gur is adept at identifying the next big consumer trends earlier than most: The San Francisco-based general partner at CRV has led investments into leading consumer internet companies like Niantic, DoorDash, Bird, Dropbox, Patreon, Kapwing and ClassPass. His own experience stuck at home during the COVID-19 pandemic spurred his interest in three new investment themes focused on the next generation of games: those built for VR, those built on top of Twitch and those built for video chat environments as a socializing tool. TechCrunch: We’ve been in a “VR