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Social gaming platform Rec Room scores $20 million Series C

TechCrunch

Social gaming platform Rec Room has scored some new funding as it aims to bring its once VR-centric world to every major gaming platform out there. The platform has been around for years serving as a social hub and gaming platform for virtual reality users. The startup has closed a $20 million Series C led by Madrona Venture Group.

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3 disruptive trends that will shape marketing in 2022

TechCrunch

The world let out a collective sigh of relief when 2021 arrived. This is a reality growth marketers live in everyday. Let’s look at the three growth trends we saw in 2021 and how they will shape marketing in 2022. In April 2021, Apple rolled out iOS 14.5, Help TechCrunch find the best growth marketers for startups.

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Social investment platform eToro to acquire fintech startup Gatsby for $50M

TechCrunch

Multi-asset social investment network and Robinhood competitor eToro has signed a definitive agreement to acquire Gatsby — a fintech startup which also aimed to go head to head against Robinhood — for $50 million in a cash and common stock deal. The company first filed for regulatory approval in December of 2021.

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4 ways startups will drive GPT-3 adoption in 2021

TechCrunch

4 ways startups will drive GPT-3 adoption in 2021. In 2021, this technology will power the launch of a thousand new startups and applications. In 2021, this technology will power the launch of a thousand new startups and applications. More posts by this contributor.

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Flip bags $28M to turn beauty, wellness social commerce on its head

TechCrunch

Social commerce startup Flip is mixing live commerce mobile apps with real customer reviews to improve the buying experience and opportunity for the creator economy. It’s not only a social platform, it is the best post-purchase experience — shipping, rewards, returns — everything people love and in a two-click process,” he added.

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Egyptian social commerce startup Brimore raises $25M led by IFC and Endure Capital

TechCrunch

The Egyptian social e-commerce market will be worth over $14.8 The opportunity in the market can be attributed to the growth in online social sellers in the country, over 1.25 Brimore connects both worlds via an app as an omnichannel social commerce platform. billion by 2024.

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Nigerian blockchain payments startup Bitmama closes $2M pre-seed as it scales to new markets

TechCrunch

Africa is the world’s third fastest-growing crypto market, with crypto adoption increasing by more than 1,200% over the last two years. More recently, the company introduced Changera , a social payment solution allowing customers to use stablecoins to facilitate remittances and international payments on Netflix and Amazon via virtual cards.