New game studio Core Loop has raised $2.4 million to develop a new cross-platform massively multiplayer online game. That’s a lot of money for a company with just four people, but the team is headed by veterans including Vincenzo Alagna and Dan Chao. Their games have generated billions in revenues to date. The funding is […]
Genies raises $3 million from Bandai Namco for Asia expansion
Genies has raised $3 million from Bandai Namco and is opening an office in Tokyo as part of an Asia expansion for its 3D avatar business. The investment and expansion comes just a month after the company launched a product expansion, extending its focus for its 3D avatars from celebrities to everyday consumers. With the […]
K Health raises $42 million to expand its AI-powered telemedicine platform
Tel Aviv-based K Health today closed a $42 million series D round to grow its telemedicine offering, bringing its total raised to date to $139.3 million. Beyond the fundraising, the 250-employee company announced it will collaborate with the Mayo Clinic to integrate the health system’s Clinic Data Analytics Platform, which includes clinical decision support tools for […]
Hover raises $60 million to streamline home inspections with computer vision
Hover, a startup developing AI-powered apps that create 3D models of homes from smartphone photos, today raised $60 million. The 200-employee company says the proceeds will be used to deepen existing relationships with insurance carriers as Hover expands its product offerings. In 2017, 6.26% of insured homes experienced a claim, compared to just 4.87% in 2014. Usually, […]
Kinetic raises $11.25 million for wearables that aim to prevent workplace injuries
Wearable device startup Kinetic today nabbed $11.25 million in funding ($8.25 million in equity and $3 million in debt) that the company says will help it grow and scale its engineering, sales, and marketing teams and support R&D. New York-based Kinetic aims to measure and improve industrial and warehouse workplace safety. A total of 5,250 […]
Tier raises $250 million to expand escooter service and launch battery charging network
The coronavirus has hit the micromobility world hard as companies struggle with the impact on consumer transportation habits. But in Europe, Tier appears to be bucking the trend as it managed to turn profitable this year and stands on the cusp of an ambitious new product launch. Confirming that momentum, Tier today announced it has […]
Edge Esports Raises $1.5M for Its Smart Contracts and Payments Solution
British esports contracts and payment solution developer Edge Esports announced that it has raised a $1.5M USD financing round led by Blake Picquet — who manages his family office, which invested in several tech and sports startups — Green Egg Ventures, Game Tech Ventures, and Robert Reeg — a former president of Mastercard Global Technologies […]
Streamloots raises $5.6 million for influencer monetization
Influencers are making their mark on games and social media, and the latest proof of that is Streamloots‘ announcement that it has raised $5.6 million for its influencer monetization platform. Valencia, Spain-based Streamloots received the money from Bessemer Venture Partners, Samaipata, Adam Draper, and the Creative Investment Club, a syndicate of content creator investors. Yes, […]
Onfleet raises $14 million to power last-mile deliveries for ecommerce companies
Onfleet, a platform that provides last-mile delivery management tools to third parties, has raised $14 million in a series A round of funding led by Kennet Partners. The raise comes as demand for ecommerce and associated delivery services have gone through the roof due to the global pandemic, opening the door for companies such as […]
Shotcall raises $2.2 million to build gaming community hubs
Shotcall has raised $2.2 million in a seed funding round to build a platform to form gaming communities and marketplaces for fans. The Atlanta-based company is creating an ecosystem for gamers, creators, celebrities, and influencers to better engage with their fans and build stronger communities. A recent Techstars accelerator alumni, Shotcall lets people create communities […]