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Apps Digital Entertainment Gamification Gaming Internet South Asia

Zupee Raises $30M in Series B, at Over $500M Valuation

– Zupee from India is an online skill-based gaming platform startup.
– The company closed a $30m Series B funding at over $500M valuation.
– The round was co-led by WestCap Group and Tomales Bay Capital, with participation from Matrix Partners India.
– The new investment will be used to scale efforts through expansion of product portfolio and market reach and hiring of global talent.

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Gamification Insurance Life Insurance Wellness Western Europe

YuLife Raises $70M in Series B Funding

– YuLife is a tech-driven company that transforms traditional group life insurance into a suite of wellbeing and insurance products, creating a shift in the industry towards a model that simultaneously supports members, insurers and employers.
– The company raised $70m in Series B funding.
– The round was led by Target Global with participation from Eurazeo and Latitude, Creandum, Notion Capital, Anthemis, MMC Ventures, and OurCrowd.
– The new investment will be used to develop new products, expand its UK market penetration, and broaden its reach into the markets.

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Gamification Gaming Internet North America

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

– Legionfarm, a gaming platform that lets gamers play with pro players in their favorite games, has raised $6m in Series A funding.
– Investors in the round include SVB, Y Combinator, Scrum VC, Kevin Lin, Altair Capital, Ankur Nagpal and more.
– The company was founded by Alex Beliankin, who is a former pro gamer and was once in the top .01% of World of Warcraft players.
– There are many, many pro caliber players out in the world who can’t necessarily make a living off of gaming. They either have to be signed by an org (super limited supply) or play in as many tournaments as possible (unreliable) or stream on Twitch.

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Education Gamification North America Real Time

Classcraft Raises $3.6M in Funding

– Classcraft from Sherbrooke develops learning technology for students and teachers.
– The company raised $3.6M in Series A funding round.
– The round was led by Brightspark Ventures, with participation from Whitecap Venture Partners, Amplify Capital, and new investors Theodorus Investment Funds and Unreasonable Collective.
– The new investment will be used to accelerate product development and sales and marketing efforts and grow the team.

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Customer Service E-Learning Enterprise Software Gamification Human Resources North America SaaS Sales Software

Employee engagement startup Centrical raises $32M

– Centrical, a startup developing an employee engagement and performance management platform, today announced that it raised $32 million in funding led by Intel Capital.
– The funds, which bring Centrical’s total raised to date to $64 million, will be put toward product R&D as Centrical looks to acquire new customers.
– During the pandemic, as shelter-in-place orders and office closures force employees to work from home, companies are increasingly experimenting with or adopting work quality monitoring products.
– According to a June study by Gartner, 26% of HR leaders report having used some form of software or technology to track remote workers since the start of the health crisis.
– It’s an uptick driven in part by concerns over performance dips that could arise from work-from-home setups.

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