VC

Legionfarm, pairing pro gamers with amateurs, raises $6 million Series A

Legionfarm, the gaming platform that lets gamers play with pro players in their favorite games, has today announced the close of a $6 million Series A round. Investors in the round include SVB, Y Combinator, Scrum VC, Kevin Lin, Altair Capital, Ankur Nagpal and more. Legionfarm launched out of Y Combinator at the beginning of last year with a mission to give pro players a way to generate income and amateur players the chance to get better by playing with a pro coach. It started out with an à la

Sanlo raises $3.5M to help apps and games gain access to financial insights and capital

Having a great idea for an app or game is one thing, but scaling it to become a successful business is quite another. A new fintech startup called Sanlo aims to help. The company, which is today announcing an oversubscribed $3.5 million seed round, offers small to medium-sized game and app companies access to tools to manage their finances and capital to fuel their growth. To be clear, Sanlo is not an investor that’s taking an equity stake in the apps and games it finances. Instead, it’s offering businesses access

The Last Gameboard raises $4M to ship its digital tabletop gaming platform

The tabletop gaming industry has exploded over the last few years as millions discovered or rediscovered its joys, but it too is evolving — and The Last Gameboard hopes to be the venue for that evolution. The digital tabletop platform has progressed from crowdfunding to $4M seed round, and having partnered with some of the biggest names in the industry, plans to ship by the end of the year. As the company’s CEO and co-founder Shail Mehta explained in a TC Early Stage pitch-off earlier this year, The Last Gameboard

Riot Games and Konvoy Ventures back games publisher Carry1st in $6M Series A

Africa is the last frontier for basically anything. Mobile gaming is no exception. For a continent that is home to more than 1 billion millennials and Gen Zers, mobile gaming has never really picked up, despite the continent witnessing rapid economic growth and smartphone adoption. Two issues have proved detrimental to this growth: distribution and payments. With fragmented and unresolved distribution and digital payments ecosystems, game studios have found it difficult to serve African consumers and make a ton of money doing so. Carry1st is a mobile games publishing platform

$400M gaming VC fund Bitkraft teams up with Delphi on blockchain gaming

Gaming-focused venture capital fund Bitkraft Ventures has partnered with crypto industry research firm Delphi Digital in order to invest in related projects.The collaboration, announced on April 29, will allow Bitkraft to increase its focus on investments in firms that use blockchain technology in addition to crypto assets and economics.Bitkraft was founded in 2015 and has more than $400 million in assets under management with more than 50 investments in companies such as Epic Games, BitFry, and Fuze TV. In August 2020, the company raised $165 million to invest in digital

NBA 2K21 VC Glitch: How to Make It Happen

Top GamesPhoto courtesy of E.A SportsNBA 2K21 VC Glitch is the most important thing in NBA 2K21, and here is a VC glitch! If you are serious about improving your MyPlayer and winning games at the park, you will need VC to rank up. If you don’t want to pay for the coins or play MyCareer all day, then here’s your glitch! For quick and easy VC, you should go over to your MyLeague and simulate the games. What you’ll need to do is click on a game date, and

inSTREAMLY raises €1.1m, plans expansion into new markets

Warsaw-based live streaming sponsorships platform inSTREAMLY has raised €1.1m (~£955,887) from its latest seed round. The investment, led by Supernode Global, is expected to go towards the platform’s expansion into new markets. Colopl Next and PKO TFI were also involved in the seed round.  Photo credit: inSTREAMLY RELATED: Shotcall nets $2.2m seed round for streaming monetisation platform According to Newzoo, game streams will rack up almost 800m viewers in 2021, which is a projected 10 percent from last year. inSTREAMLY also notes, via a press release, that the size of

Microsoft Flight Simulator – T-45C Goshawk & Kinner B-2 Sportwing Released

Today two new aircraft have been released for Microsoft Flight Simulator, the T-45C Goshawk and the Kinner B-2 Sportwing. The McDonnell Douglas T-45 Goshawk is a carrier-capable trainer used by the U.S Navy. It can be purchased on Orbx and SimMarket from IndiaFoxtEcho for $30 plus applicable VAT, and below you can check out a gallery of screenshots and, feature list, and my first landing. Incidentally, IndiaFoxtEcho is the same developer that created the excellent MB-339. [embedded content] Highly detailed exterior model Highly detailed cockpit model including instructor seatFunctional MFDs and

Quantum Tech Partners: Esports companies raised $2 billion in 2020, up 116%

GamesBeat Summit 2021 #GBSummit returns with two days of content and networking designed for industry executives. April 28-29, 2021 Register Now Esports companies raised $2 billion in 2020 over 200 transactions in 2020, up 116% in value from $957 million in 123 deals in 2019, according to mergers and acquisitions advisory firm Quantum Tech Partners. Mergers and acquisitions also rose, with 50 deals valued at $658 million in 2020, compared to 33 deals valued at $475 million in 2019, said Alina Soltys, cofounder of Quantum Tech Partners, in an interview