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Consolidation is coming to gaming, and Jam City raises $145 million to capitalize on it

TechCrunch LA

A slew of banks are coming together to back a new roll-up strategy for the Los Angeles-based mobile gaming studio, Jam City and giving the company $145 million in new funding to carry that out. Meanwhile, games are quickly becoming the go-to revenue driver for the entertainment industry. billion by 2020, the Newzoo data suggests.

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Scopely Expands In Culver City

socalTECH

Fast growing, Los Angeles-based mobile games and entertainment developer Scopely is in a big expansion, and has agreed to lease another 60,000 square feet of office space in Culver City, according to the company's broker, CBRE. READ MORE>>.

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Star-studded digital avatar startup Genies launches NFT fashion marketplace

TechCrunch LA

” Genies last earned a $1 billion valuation from heavy-hitting tech investors including Silver Lake and Mary Meeker’s Bond Capital during its most recent raise, a $150 million Series C round announced in April. An image of the Genies platform showcasing a fashion collection designed by creator Ian Charms.

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More investors are betting on virtual influencers like Lil Miquela

TechCrunch LA

. “ In 2019 and 2020 we’re going to see a lot of these… we’re going to see a lot of people putting out a lot of stuff.” Last year the company scored at least $6 million from investors, including Sequoia Capital , BoxGroup and other, undisclosed, investors. “We looked at mobile and we saw the massive animation gap.

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Interview with Matt Kozlov, Techstars Space Accelerator

socalTECH

We invest both capital and an enormous amount of time and mentorship to help companies build the best businesses, as rapidly as possible. However, unless you're building rockets and giant launch pads, we're not talking about massive capital outlays. It's transforming industries like entertainment, healthcare, and aerospace.

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Everything You Need to Know About Hyperloop

Tech.Co

million in Series A financing from Sherpa Capital along with three other funds. Arrivo wants to operate a large cargo mover by 2020 based on the concept of self-driving pods that are propelled through low-friction passageways at ultra-high speed. Hardt Global Mobility.

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Why the Former President of Nickelodeon Joined mitú as CEO.

Both Sides of the Table

He left traditional media at the top of his game to be the founding CEO of Next New Networks, one of the first digital video startups, backed by Spark Capital and bought by YouTube in 2011. We* are now the mainstream market and we’re bringing more to your mobile phones and living rooms. (We trillion in 2020 (U.S.

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