Sky Mavis, the creators of Axie Infinity, have announced a $152M USD Series B round led by venture capital firm Andreessen Horowitz (a16z) with participation from Accel and Paradigm. The round will be used to further build out a global team, scale infrastructure, and build their own distribution platform to support game developers to create blockchain-enabled games. By Kalie Moore …
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On October 13th Salesforce Ventures, the investment arm of the cloud service giant, announced that it has earmarked $100 million to invest specifically in European startups. Salesforce Ventures has pumped half a billion dollars into over 150 cloud and enterprise startups since 2009. Though most of those investments focuse on the US, Salesforce Ventures is now getting more serious in …
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It isn’t only entrepreneurs who sabotage great business ideas by making stupid mistakes. Investors are just as guilty. Last week at Oslo Innovation Week, we talked with Jeanne Sullivan of Starvest Partners, about the 5 stupid mistakes entrepreneurs make over and over again. Of course, as an entrepreneur, “You have to know what to do and how to do it, …
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Entrepreneurs do the same stupid things over and over again. So says Jeanne Sullivan, venture capitalist, New Yorker, and cheerleader of women in business at Oslo Innovation Week. Jeanne knows what she’s talking about when it comes to startups. With over 25 years of experience as a VC, she has seen “1000 times 1000 companies”. As a cofounder of Starvest …
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Crowdfunding as a fundraising method has had tremendous momentum in recent years, with multiple platforms competing for the multi-billion dollar pie. What does the future hold? Crowdfunding as alternative finance has been on the rise for the past few years, with around €710 thousand being raised in 2010, €14.4 billlion in 2014, and an estimated €83 billion in 2025, …
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We interviewed Swedish Innovation Compass, an innovative app aimed at connecting startups with the right funding. Stephen Batley, CEO of Swedish Innovation Compass, and Sasa Farkas, technical lead, aim to make the startup ecosystem in Nordic countries even better than it is now. The innovative app gathers information on all available and soon-to-be available financial resources from the government and …
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In nine years, Mattias Ljungman, co-founder of Atomico alongside Niklas Zennström, has built a Nordic-flavoured, London headquartered investment company that already has some impressive exits under its belt. Think Supercell. Originally published in #NordicMade magazine by Tarmo Virki of CoFounder Magazine. Ljungman works closely with teams like Truecaller and Klarna, while also leading global operations of Atomico, which now includes …
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Last week, leading games VC London Venture Partners (“LVP”) and Klang Games signed an investment agreement to back the gaming company’s future projects, including the upcoming mobile and tablet game, ReRunners. LVP will not only be financially investing in the game developer but also offering valuable knowledge of publishing within the gaming industry. Oddur Magnússon, Developer and Co-Founder of Berlin-based Klang Games, commented: “We …
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