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1047 Games raises $100M on the runaway success of its debut title, Splitgate
1047 Games raises $100M on the runaway success of its debut title, Splitgate
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Unicorn Nest news

1047 Games raises $100M on the runaway success of its debut title, Splitgate

– 1047 Games, a game developer, raised $100m in Series C funding.
– The round was led by Lightspeed Venture Partners and joined by Insight Partners, Anthos Capital, and earlier seed round investors Galaxy Interactive, VGames, Human Capital, Lakestar, DraperDragon, and Draper University.
– It brings the company to a valuation of $1.2 billion.
– The company plans to use the funding to expand its team and continue to build out its game portfolio.

Source
Seattle startup AccelByte raises $10M to help developers build multiplayer online games
Seattle startup AccelByte raises $10M to help developers build multiplayer online games
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Unicorn Nest news

Seattle startup AccelByte raises $10M to help developers build multiplayer online games

– Seattle-based startup AccelByte has raised $10m funding.
– The funding was led by New York-based VC firm Galaxy Interactive, with additional funding from the Hangzhou-based NetEase, which publishes many mobile games for the Chinese market; the South Korean firm KRAFTON, publisher/developer of PlayerUnknown’s Battlegrounds; and Dreamhaven, which was launched late last year in Irvine, Calif., by departing Blizzard CEO/co-founder Mike Morhaime.
– AccelByte’s overall suite of tools is intended to provide necessary programs and scalable architecture to game developers that plan to operate “games-as-a-service” (GaaS) — releases that make their money from in-app purchases or subscription fees rather than a single up-front purchase price.

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ForeVR Games Raises $7M in Additional Seed Financing
ForeVR Games Raises $7M in Additional Seed Financing
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Unicorn Nest news

ForeVR Games Raises $7M in Additional Seed Financing

– ForeVR Games is a VR gaming company based in Los Angeles.
– The company raised $7M in additional seed financing.
– The round was led by Bessemer Venture Partners, with participation from Galaxy Interactive, All Star Capital, Mark Pincus and Emmett Shear.
– The new funding will be used to build out the team, develop new games, expand to additional platforms and continue to upgrade the recently-released ForeVR Bowl.

Source
Cent, the platform that Jack Dorsey used to sell his first tweet as an NFT, raises $3M
Cent, the platform that Jack Dorsey used to sell his first tweet as an NFT, raises $3M
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Unicorn Nest news

Cent, the platform that Jack Dorsey used to sell his first tweet as an NFT, raises $3M

– Cent, a blockchain startup, raised $3m in seed funding.
– The round was led by Galaxy Interactive, former Disney chairman Jeffrey Katzenberg, will.i.am and Zynga founder Mark Pincus.
– Cent is an ad-free creator network that allows users to offer each other crypto rewards for good posts and comments.

Source
Genvid Holdings Raises $113M in Series C Funding
Genvid Holdings Raises $113M in Series C Funding
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Unicorn Nest news

Genvid Holdings Raises $113M in Series C Funding

– Genvid is a NYC-based provider of interactive livestreaming technologies and services.
– Company announced $113m Series C funding.
– The round was co-led by existing investors Valor Equity Partners and Atreides Management with participation from new investors Third Point Ventures, Cobalt Capital, LightShed Ventures, XN, and Lux Capital, existing investors Galaxy Interactive, Horizons Ventures, OCA Ventures (via OCA’s new growth equity fund), and Makers Fund and strategic partners Huya, NTT DOCOMO Ventures, and Samsung Ventures.
– The company intends to use the funds to establish Genvid Entertainment LLC, a new publishing subsidiary dedicated to producing Massive Interactive Live Events.

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