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AWS and Immutable partner to supercharge mass adoption of Web3 gaming globally
Immutable will work with AWS to accelerate the on-boarding of game studios to Web3.
Sony launches Sony Innovation Fund Africa
Sony has launched ''Sony Innovation Fund: Africa" to support the growth of the entertainment businesses in Africa.
Mythic Protocol raises $6.5m to build the world first collaborative entertainment
Mythic Protocol has closed an oversubscribed $6.5 million seed round.
SuperScale raises $5.4m Series A to grow revenue for game developers and publishers
SuperScale announced it has raised $5.4 million in a Series A funding round.
Vesalius Biocapital announces first close of fourth fund raising €95m
Vesalius Biocapital announced the first close of its fourth fund, Vesalius Biocapital IV, securing over €95m.
Kenyan fashion e-Commerce startup ShopZetu raises pre-seed funding to fuel growth of its marketplace
Kenyan fashion e-Commerce startup ShopZetu has raised $1m pre-seed funding.
Brex taps Jason Mok to support the next generation of founders
Brex announced that Jason Mok has joined the team to support commitment to serving startups and their founders.
IP Fabric announces $25m Series B funding to accelerate adoption of network assurance
IP Fabric announced it has closed $25 million Series B funding round.
Swiss medtech startup Berlin Heals completes financing round for its ongoing CE- study
Berlin Heals has developed a breakthrough method for therapy of heart failure.
Belgian startup NineID raises $2.6m to bridge the digital and physical worlds of corporate security
Belgian startup NineID announced raising $1.2m, closing its $2.6m seed round.
Kenyan startup MESH grows to reach 150,000 young entrepreneurs
Kenyan startup MESH, announced it has reached 150,000 members.
Nigerian healthtech startup Helium Health raises $30m Series B funding
Helium Health announced it has raised $30 million in Series B funding.
AdvisorCheck raises $1.8m to transform the way people vet and monitor financial advisors
AdvisorCheck has announced its $1.8 million seed round of funding.
1Fort raises $2m to automate and simplify cyber insurance for businesses
1Fort has completed a successful $2 million pre-seed round financing.
Italy’s Planckian closes €2.7m pre-seed round to develop quantum batteries
Planckian has raised over €2.7 million in pre-seed funding round led by Eureka! Venture.
NBA superstar Chris Paul joins plant-based startup Wicked Kitchen as investor
10-time NBA All-Star Chris Paul has joined the Wicked team as an investor.
Federato raises $25m Series B funding to continue catalyzing insurance's "AI moment"
Federato has raised $25 million in Series B funding led by Caffeinated Capital.
Kenyan mobility startup Stima secures €100k investment
Stima Mobility has secured €100,000 investment from DEG Impulse.
Seedstars, Fondation Botnar launch youth Wellbeing Ventures with $20m investment in Africa
Seedstars Capital and Fondation Botnar have invested $20m for early-stage startups.
The role of crypto-friendly banks in facilitating financial inclusion, Plug and Play
Financial inclusion is a key aspect of economic growth and development.
Molten Ventures leads €5m round in Oliva to expand workplace mental health support
Molten Ventures has led a €5 million round in Oliva.
Focused Energy startup raises $82m funding to advance laser-based nuclear fusion
Focused Energy raised $11m in Series A funding, bringing its total funding to $82m.
AI-enabled startup AvoMD raises $5m to combat clinician burnout
AvoMD announced it has closed $5 million in seed funding led by early-stage venture fund AlleyCorp.
SEI appoints Sneha Shah as Head of New Business Ventures
SEI has announced the appointment of Sneha Shah as an Executive Vice President and Head of New Business Ventures.
Stellantis Ventures seeds innovation with investments into sustainable mobility
Stellantis Ventures has been formed to support 'Dare Forward 2030' strategic plan.
Haul247 secures $3m seed funding to drive innovation in Africa’s logistics industry
Haul247 has raised $3 million in a seed funding round.
Germany joins Europe Startup Nation Alliance (ESNA)
Germany Trade & Invest (GTAI), Europe's largest economy, has joined Europe Startup Nation Alliance (ESNA).
Orange partners with Digital Africa to strengthen the growth of African startups
Orange has partnered with Digital Africa, to promote and strengthen African startups.
Decentralized identity startup Intuition raises $4m funding round
Decentralized infrastructure provider Intuition has raised $4 million in a seed round fundraise.
Chatbots with fraud detection software are revolutionizing underwriting, Plug and Play
Chatbots are dramatically reshaping the insurance industry.
Manganum attracts second round of seed investment from Mitgo
Manganum has received has two rounds of investment from global IT company Mitgo.
Hexagon calls for startups to apply for its third Sixth Sense cohort
Hexagon's Manufacturing Intelligence division has announced a call for startups to apply for its third Sixth Sense cohort.
Foodtech startup PartnerSlate raises $4m from to accelerate growth
PartnerSlate has raised $4 million round led by Supply Change Capital.
German autonomous, electric trucking startup FERNRIDE raises $31m Series A funding
FERNRIDE has secured $31m Series A funding.
UK renewable energy startup tem. raises £2.5m to transform the broken energy market
tem., the UK-based renewable energy startup, has secured £2.5m funding round.
Financial IT launches Fintech Pathfinder, showcasing the most promising fintech startups
Financial IT announced the launch of its highly anticipated Fintech Pathfinder.
AI-driven pet biometrics startup Petnow launches in France
Petnow, the provider of advanced pet identification solutions, announced the expansion of its groundbreaking app to the French market.
Montfort Ventures opens inaugural branch in San Diego, California
Montfort Ventures, a boutique startup fundraising advisory firm, announced the opening of its inaugural branch in San Diego.
Customer success platform ZapScale secures $2.5m seed funding to accelerate growth
ZapScale announced it has successfully raised $2.5 million in seed funding.
Volvo Group Venture Capital invests in Trucksters to manage innovative relay trucking in Europe
Volvo Group Venture Capital has invested in Madrid based startup, Trucksters.
SAP selects YOOBIC for an exclusive startup program
YOOBIC, the all-in-one Frontline Employee Experience Platform, announced it has been selected by SAP.
Mental health startup Anise raises $1.2m pre-seed to expand culturally-responsive care
Anise Health, a digital mental health company, completed $1.2m pre-seed round.
[Column] Patrick Ndegwa: Journey to the centre of the cloud; why Kenya should store data locally
Kenyan businesses are migrating to the cloud en masse.
Africa among top 3 regions prone to mobile financial scam, report
Throughout 2022 and the first quarter of 2023, 14% of installs of potentially unwanted mobile financial apps on Android phones were made.
[Interview] Caroline Mutuku, General Manager, Glovo, Kenya
Caroline Mutuku is Kenya's General Manager of multi-category app Glovo.
Cambridge-based biotech startup Uncommon raises $30m
Biotech startup Uncommon has raised $30m to pave way for scalable cultivated meat utilising RNA technologies.
Karoo Health raises $3.4m in oversubscribed seed round
Karoo Health announced the closing of an oversubscribed seed round of $3.4 million.
Fintech firm LemFi expands diaspora remittance services to Kenya
LemFi announced it has formally launched its diaspora remittance services in Kenya.
SK networks invests $2m in AI farming Dutch startup Source.ag
SK networks announced it will invest $2m Series A funding round of $27 million for Source.ag.
[Interview] Renate Swanepoel, COO, INC. Networking
Renate Swanepoel is an entrepreneur, global networker and inspirational speaker.
Web3 and the rise of the digital asset investor, Plug and Play
Web3 is a more decentralized system for sharing data and managing digital assets.
Reseda Group invests $2m in five fintech startups
Reseda Group announced it is investing more than $2 million to support five emerging fintech companies.
GGV Capital launches NextGen Fellowship 2023 program
GGV Capital announced NextGen Fellowship 2023 program to promote diversity, inclusion in the tech Industry.
Aena launches the second call of its startup acceleration program
Aena has launched Aena Ventures, an open innovation program for accelerating startups.
WEMIX, Hub71 partner to grow global blockchain startup ecosystem
WEMIX and Hub71 have partnered to accelerate growth of their Web3 for startups.
[Column] Nixon Gecheo: Agtech, a pivotal force driving climate change action in agriculture
The agricultural sector is a significant contributor to greenhouse gas emissions.
AWS selects 25 African startups for its Fintech in Africa accelerator
25 African fintech startups have been selected for the inaugural AWS FinTech Africa Accelerator cohort.
Woflow acquires European startup XtremeAI to expand reach bolster AI capabilities
Woflow, the data infrastructure company, announced the acquisition of XtremeAI
Travel experience marketplace GetYourGuide secures $194m to accelerate global expansion
GetYourGuide announced the closing of $194 million in equity and credit financing.
Swiss lender Teylor secures €275m to support SMEs through its credit platform
Swiss fintech Teylor has secured €275m funding from Barclays and other investors.
Lawyer.com launches Million Dollar AI Challenge to expand legal access
Lawyer.com is ramping up a worldwide search to discover the next groundbreaking innovation in Legal AI.
[Column] Somesh Adukia: Paper versus digital; the future of work
Digitization is revolutionizing the way businesses operate across the globe.
Plug and Play, Suncor partner to accelerate sustainable energy, digital transformation
Plug and Play has announced a new relationship with Suncor.
African mobile game publisher Carry1st raises $27m funding round to accelerate growth
African mobile game publisher Carry1st, has raised $27 million in a funding round led by BITKRAFT Ventures, featuring participation from Andreessen Horowitz (a16z), TTV Capital, Alumni Ventures, Lateral Capital, Kepple Ventures, and Konvoy.
Yida Gao and Shima Capital invest in Web3 gaming startup Midnight
Shima Capital, led by founder and Managing General Partner Yida Gao, announced their investment in Web3 gaming startup Midnight.
Mobile game startup Luckmon raises $1.3m pre-seed round to bring popular casual games reward platform
Luckmon, a casual mobile game development startup based in Irvine, California, has officially announced its early-round pre-seed fundraising has closed on a whopping $1.3 million.
Swedish tech startup Lurkit launches Creator Program, a gaming influencer marketing product
Swedish tech startup Lurkit announced it is taking its newest gaming influencer marketing product, 'Creator Program,' to the market.
A short guide to start your iGaming business
The online casino industry is experiencing a global rise, and more and more people are constantly on the lookout for new iGaming solutions.
Dutch game-tech startup Enliven raises €1m for groundbreaking empathy training in virtual reality
Together with Oost NL, LUMO Labs is investing €1 million in game-tech company Enliven. This Dutch startup from Arnhem offers groundbreaking empathy training for the prevention of physical and emotional violence in home and workplace.
South Korean animation Startup Plask releases motion capture tool to democratize 3D animation
Plask, a 3D animation startup has unveiled its namesake premium motion capture and animation SaaS tool that makes 3D animation more accessible than ever.
Mobile gaming platform startup INK Games secures $18.75m Series B financing
INK Games (INK), an Austin-based startup building a social gaming and commerce platform, announced it has secured $18.75 million of funding through its Series B equity round.
South African gaming startup Skrmiish secures $2.5m seed round to speed growth
Cape Town-based Skrmiish, a mobile “play-to-earn” app that enables gamers of every level to earn cash in every match they play across the AAA+ games they love, has raised a $2.5 million seed round to speed its global growth.
AI gaming and Esports startup Regression Games exits stealth with $4.2m seed funding from NEA and a16z
Regression Games, the AI gaming and esports company announced it has closed $4.2 million in seed funding led by New Enterprise Associates (NEA).
T-Mobile accelerator startup Krikey brings NFT puppies to the Flow blockchain
Krikey, a gaming studio with more than 5 million users, announced the launch of SolarPups on the Flow blockchain.
London-based soccer game startup CLUB closes $3.1m seed round for the first F2P and Play-and-Earn soccer ownership game
CLUB, the independent studio behind CLUB Game, the first free-to-play (F2P), play-and-earn soccer game that allows you to create and sell your own real-player soccer club, has secured its first major round of funding.
Magic Eden launches Magic Ventures to focus on Web3 gaming investments
Magic Eden, the destination for NFTs, announced the launch of Magic Ventures, a venture arm that will focus on investing in Web3 games.
Swedish gaming startup Lurkit raises $2.7m to empower gaming influencer marketing globally
Swedish gaming influencer marketing platform Lurkit has raised $2.7 million in a seed round from industry investors as the company is launching Quests, a new software suite that enables paid sponsorships between live streamers and gaming companies at scale.
Vietnam's blockchain gaming startup Ancient8 raises $6m to build infrastructure software for GameFi
Ancient8, a GameFi infrastructure developer and Vietnam's largest blockchain gaming guild and community, announced the completion of a $6 million private round of financing led by Makers Fund and C² Ventures.
AI gaming startup Sizzle.gg raises $5m seed round for expansion
Sizzle.gg, an AI-driven patented platform that creates automatic and personalized highlights for esports leagues and teams, video game streamers and more, has raised $5 million in a seed funding round.
Gaming startup StartPlaying raises $6.5m seed funding to scale growth
StartPlaying, the online platform to find tabletop role-playing games and professional Game Masters, announced a $6.5 million seed round led by venture capital firm Andreessen Horowitz general partners Jonathan Lai and Andrew Chen.
Twitch Co-founder raises $35m seed round for Fractal, a new marketplace for gaming NFTs
Fractal, a new marketplace for gaming NFTs founded by Justin Kan, the Co-founder of Twitch, announced a $35 million seed round led by Paradigm and Multicoin Capital with with participation from Andreessen Horowitz.
French in-game ad startup Gadsme raises $8m seed round to scale growth
Gadsme, the interactive adtech platform that offers high quality immersive brand experiences through in-game advertising, secured an $8 million seed investment just 11 months after launch.
Play-to-earn health startup Health Hero closes oversubscribed seed round to finance game development
Health Hero, the company behind the Web3 play-to-earn health game "Health Hero," closed seed round with backing from prominent venture capitals.
Egyptian e-Sport startup Eksab raises $3m seed funding to scale its fantasy football platform
Cairo-headquartered e-Sport startup has raised $3 million seed funding round, bringing the company’s total investment to date to $3.7 million.
Netflix acquires Finnish mobile game developer Next Games for €65m
Netflix announced it has entered into a combination agreement to acquire Finnish mobile game developer, Next Games. Under the terms of the agreement, Netflix will commence a tender offer process to acquire all of the issued and outstanding shares of Next Games.
Singapore-based game-fi blockchain startup Ethlas raises $2.7m seed funding round
Singapore-based game finance (game-fi) blockchain startup, Ethlas, announced it has secured $2.7 million in seed funding from investors such as Sequoia Capital India and Yield Guild Games Southeast Asia.
VentureIsrael Invests in NeuroBrave software startup
An Israeli deep tech fund VentureIsrael participated in the investment round alongside Labs/02 and Samurai Incubate. The investment will be used to accelerate R&D and go-to-market activities.
Chinese gaming and entertainment startup Talon closes $5m Series A funding to accelerate growth
Talon, the Hong Kong headquartered competitive gaming, entertainment and culture brand announced it has secured $5 million in equity capital in its Series A financing round.
Kenyan gaming startup Usiku Games develops Africa’s first mobile football game
Kenyan gaming startup Usiku Games unveiled an amateur football mobile game to promote outdoor physical activities and encourage sportsmanship among youths in East Africa.
French gaming startup Million Victories raises $3 million funding to diversify its portfolio
Million Victories will use this funding to increase the studio’s headcount, scale it’s already quickly growing userbase, and develop new core mobile games to diversify its portfolio.
Singapore gaming startup OP Games raises $8.6m to bridge game developers to Web 3.0
OP Games, a startup that enables game developers to monetize their work using Web 3.0, raised $8.6 million of seed funding.
Fantasy football startup Sorare raises $680m Series B to create next sports entertainment giant leveraging NFTs
Sorare, the fantasy football platform, announced it has raised $680 million in Series B financing led by Softbank, with participation from Atomico, Bessemer Ventures, D1 Capital, Eurazeo, IVP and Liontree.
Huobi Ventures launches $10m fund to accelerate innovative GameFi projects
Huobi Ventures, the global investment arm of Huobi Group, announced the launch of a new $10 million fund to invest in emerging GameFi projects around the world.
LG announces global startup competition to recruit new businesses for innovation center
LG Electronics (LG) announced the launch of Mission for the Future, a global challenge competition for startups to identify innovative technologies and business ideas that pave the way to the future.
Sharp Alpha Advisors announces sports betting startup pitch competition in partnership with Sportradar
Sharp Alpha Advisors, a firm specializing in early-stage sports betting technology, and Sportradar, a global provider of sports betting and sports entertainment products and services, have partnered to announce a sports betting startup pitch competition.
Videogame startup Nifty Games raises $38m capital to redefine mobile sports games
Nifty Games, a videogame developer and publisher focused on quick-session, head-to-head sports games for mobile, raised $26 million in a Series B round of equity funding led by Vulcan Capital. In addition, the company has secured $12 million in connected debt financing.
Mobile sports betting startup ZenSports receives its Nevada gaming license
ZenSports, the mobile sports betting app that offers consumers more choices and a better design than any other platform, has officially received its non-restricted gaming license from the Nevada Gaming Control Board.
Hybrid gaming startup and broadcaster Live Play Mobile launches 24-hour-a-day live-hosted social casino game
Live Play Mobile, a new social gaming platform developer that combines live TV formats with mobile games, has become the first publisher to launch a 24-hour-a-day, live-hosted social casino game with its debut title, Live Play Bingo.
Sports technology and gaming startup StatusPRO raises $5.2m seed round to accelerate growth
StatusPRO, a sports technology and gaming company that combines player data, augmented reality (AR) and virtual reality (VR) to create a suite of training and gaming products, announced it has raised a $5.2 million seed round.
Consumer technology startup Allstar raises $3.85m to democratize gaming content
Allstar, a consumer technology startup focused on democratizing the creation of gaming content, announced a $3.85 million seed round led by members of New York Angels.
[Startup Interview] PJF Schmidt, Lucas Brosi, Marcus Luer, Urs Meier, Founders, Heroes AG, Switzerland
Heroes AG is a Swiss startup that has tapped into the underdeveloped fan merchandising sector through distribution of modern and trendy lifestyle products.
AI video game wagering startup PLLAY secures additional $1m in funding
PLLAY, a skill-based video game wagering platform, has raised an additional $1 million in funding, bringing its total to $4 million in an oversubscribed seed round.
Chicago-based startup Push raises $1m seed round to fuel mobile game that pays real prize money
Chicago-based startup Push closed a $1 million dollar round led by JBL Energy Partners & private investors, to fuel its live app played by tens of thousands of people, vying to win actual cash.
The African youth powering a gaming revolution
As esports dominate modern entertainment industry as a fast growing sport, Kenya and South Africa youth continue to dominate the world of competitive video gaming.
AI video game wagering startup PLLAY launches MicroVentures campaign, builds on $3m seed round
PLLAY, a skill-based video game wagering platform, officially launched a campaign on MicroVentures, an equity-based crowdfunding website, opening an investment opportunity to the public.
Singapore-based blockchain startup AnRKey X lists native token $ANRX on Bithumb Global and Uniswap
Singapore-based blockchain startup, AnRKey X, announced that $ANRX will be listed on both Bithumb Global and Uniswap.
Cross-platform Mod and UGС service mod.io raises $4m led by Makers Fund and Sequoia's Surge
Makers Fund, a global venture capital fund specializing in interactive entertainment, announced a $4 million seed round for mod.io, a cross-platform UGC and modding service based in Melbourne, Australia.
Video game wagering startup PLLAY secures $3m seed round to accelerate growth
PLLAY, a skill-based video game wagering platform, has closed a $3 million seed funding round led by Screen Play Ventures.
Motion tech startup DeepMotion makes motion capture accessible with launch of Animate 3D
As part of its drive to revolutionize Motion Intelligence, DeepMotion has officially launched their 3D animation cloud service Animate 3D.
ESL and DreamHack merge to shape the future of E-sports and gaming
ESL, the world's largest esports company, and DreamHack, the premier gaming lifestyle festival company, have merged organizations to further accelerate their mission to shape the future of esports and gaming.
ZenSports closes additional $1.46m Seed funding for U.S. and international expansion
ZenSports, the mobile peer-to-peer sports betting marketplace announced a new $1.46 million Seed round of funding to expand into the United States, as well as to continue to grow its international presence.
South Korean Doit5 launches advertising content service using web AR technology
Social marketing platform Doit5 announced the launch of an advertising service that uses content with web based AR technology.
Gaming startup Lootcakes raises $2m to expand rewarded data sharing for VIP gamers
Lootcakes, world's first network devoted to spenders in free-to-play games, announced the closing of a $2 million seed round led by Konvoy Ventures, with other participants including SOSV and GAN Ventures.
Seattle based startup Polyarc raises $9 million for augmented reality development
Seattle based startup Polyarc announced the close of its $9 million Series B fund raise led by Hiro Capital, followed by Vulcan Capital, an existing investor, and Galaxy Interactive via its Galaxy EOS VC Fund.
South African animation and gaming startup Sea Monster secures $1m funding
Animation, gaming and AR/VR company Sea Monster announced the conclusion of a $1m investment from FirstRand’s Vumela Fund.
Interviews.
[Interview] Marco Limm, Founder and CEO, cre[ai]tion
![[Interview] Marco Limm, Founder and CEO, cre[ai]tion](https://www.startup-weekly.com/connectors/images/Marco_Limm_cre[ai]tion_Startup_Weekly.jpg.png)
Marco Limm is the Founder and CEO of Frankfurt-based Cre[ai]tion, an AI-powered tool that allows any type of fashion, automotive, footwear, and jewelry designer to create designs and products through an easy-to-use...read more here
[Interview] Fedir Kompaniiets, CEO, Gart Solutions, Ukraine
![[Interview] Fedir Kompaniiets, CEO, Gart Solutions, Ukraine](assets/images/Fedir_Kompaniiets_Gart%20Solutions_startup_weekly.jpg)
Gart Solutions is a provider of comprehensive DevOps solutions, dedicated to helping businesses streamline their software development processes and achieve operational excellence. The company has worked with...read more here
[Interview] Caroline Mutuku, General Manager, Glovo, Kenya
Caroline Mutuku is Kenya's General Manager of multi-category app Glovo. Caroline joined Glovo in December 2022 from Swvl Kenya where she also served as the General Manager from December 2021. In this interview...read more here
[Interview] Renate Swanepoel, COO, INC. Networking
Renate Swanepoel is an entrepreneur, global networker and inspirational speaker that has helped thousands of people around the world to find their purpose. She has gained significant networking and communication...read more here
[Interview] Anne-Marie Chidzero, Chief Investment Officer, FSD Africa
Anne-Marie Chidzero is the Chief Investment Officer at the Financial Sector Deepening Africa (FSD Africa) Investments. In this interview, she talks about the risks and opportunities in backing Africa’s early-stage startups...read more here