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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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The big question on every startup’s mind for 2021

TechCrunch

My big question for 2021, and the one that is on every startup’s mind, is how will a cataclysmic event such as a global pandemic show up in post-pandemic innovation? Lowering friction feels like the mantra with which we all need to enter 2021. Attending CES 2021? How artificial intelligence will be used in 2021.

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Remembering the startups we lost in 2021

TechCrunch

When we penned the intro for this piece last year , little did we know that — in many ways — we’d still be deep in it by the time 2021’s feature rolled around. 2021 also largely lacked the kind of blockbuster crashes we saw last year, courtesy of names like Quibi and Essential. Abundant Robotics (2016-2021).

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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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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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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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College social app Fizz is growing fast – maybe too fast

TechCrunch

Things are bleak in the tech sphere as we close out a year defined by plummeting stocks , persistent mass layoffs and a fall from grace for major social media companies. ” So, is it a good time to be building a buzzy new social app, or is it a complete mess? Fizz closed a $4.5

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