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Search resuls for: "Play Ventures"


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MrBeast has acquired a startup called Vouch, which aids creators in hiring and job postings. Vouch uses AI for job matching and was backed by VCs like Seven Seven Six and other investors. AdvertisementYouTube's top creator, MrBeast, has expanded his estimated $700 million a year business empire by acquiring the startup Vouch. Pesis brought on Patrick Dudek, also a former Cameo employee, to the Vouch team to help scale the platform. AdvertisementVouch was backed by Seven Seven Six, Liquid 2 Ventures, Shrug Capital, Niche Capital, WorkPlay Ventures, and angel investors including Andreas Klinger and Siqi Chen.
Persons: MrBeast, VCs, , Marty Pesis, they've, Pesis, Jimmy Donaldson, Donaldson, Safiya Nygaard, Danny Duncan, Goldman Sachs, we're, Kara McCloud, Patrick Dudek, Hayden Hillier, Smith, Andreas Klinger, Siqi Chen Organizations: Service, LinkedIn, YouTube, Business, Stokes Twins, AMP, Cameo, Seven Seven, Shrug, Niche, WorkPlay Ventures
Social gaming startup Omada has just secured $7.5 million in seed funding from Felix Capital. The French startup, which launched less than two years ago, bills itself as a healthy alternative to traditional sports betting apps. "It's not just a game, it's a social game," said cofounder and CEO Adrien Miniatti. Beyond its core game-prediction and social features, Omada has also worked on a range of campaigns to raise awareness about betting addictions. With the fresh funding, Omada will ramp up its product team, and focus on its expansion in the US.
Persons: Felix Capital, It's, Adrien Miniatti, Zs —, Omada, Miniatti, Julien Codorniou Organizations: Felix, influencers, French football club Red Star FC, Omada, Play Ventures, Motier Ventures, Felix Capital Locations: London
Quench.ai, a new company from Onfido cofounder Hussayn Kassai, has raised $5 million. The pre-seed round came from an array of firms including Firstminute Capital and Tuesday VC. The startup wants to help upskill young professionals at companies to give them a competitive edge. Quench.ai, a new startup using AI to help upskill workers, has raised $5 million in pre-seed funding. The startup, which was set up by the cofounder of identity verification unicorn Onfido, aims to help professionals find relevant training content to help with learning and development.
Persons: Hussayn Kassai, Kassai, Quench.ai Organizations: Firstminute Capital, Firstminute, VC, BY Venture Partners, Ada Ventures, Ventures, Notion Locations: COVID, Europe
Scenario is a startup that allows users to train AI models using their own images. Here's the pitch deck the cofounders used to raise a $6 million seed round. Artists start by uploading training images, from which Scenario's AI can generate other images in the same style, based on text prompts. De Maistre set out to raise $1 million for the company in November, but within three weeks, it had raised $6 million. Here's the eight-page Notion document that helped Scenario raise a $6-million seed round.
Check out these pitch decks that they've used to sell their vision and raise millions from private equity and VC investors. Blocking ad fraudAdtech startup Lunio, announced a $15 million Series A funding round in September 2022. In May 2022, the software-as-a-service startup raised a $30 million Series B round, led by Insight Partners. Marketing in the metaverseAnima, an augmented-reality startup, raised a $3 million funding round from investors in Janury. He raised $50 million in Series D after closing a $34 million Series C last year, bringing its total raised to $100 million.
Gaming startup Eterlast wants to bring NFTs to rugby and boxing fans through branded games. Check out the 19-slide pitch deck it used to raise its $4.5 million seed round. Web3 startup Eterlast has raised $4.5 million in seed funding to level up its gaming studio built to bring sports fans into the metaverse. However, Eterlast sees NFTs built for sports communities as being relatively protected from the bear market. "We are embarked on a mission, building the bridge for the next billion fans to enter Web3," he said.
Meta is expected to announce layoffs for thousands of employees as soon as Wednesday, WSJ reported. Meta joins a growing list of tech companies slashing their workforces as a recession nears. Sign up for our newsletter for the latest tech news and scoops — delivered daily to your inbox. The layoffs may impact "many thousands" of staffers and could come as soon as Wednesday, sources told the Journal. The layoffs come as a growing list of tech companies begin cutting jobs and many employers brace for a looming economic recession.
Amid growing economic uncertainty, layoffs in the technology industry, both for public companies and for startups, have been escalating this Fall. While plenty of tech companies were still flying high in early 2022, Russia's invasion of Ukraine in February accelerated global economic turmoil. More than 17,000 tech workers lost their jobs in both May and June, while July and August saw another 29,000 cuts, according to layoff tracker Layoffs.fyi. Davis, the VC at Interplay, explained that cost-cutting and layoffs are happening across the board, not just in the tech industry. But public tech companies as well as early- and growth-stage startups will face additional challenges, he said.
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