Business

PortalOne Raised $15 Million From Founders Fund, Atari, and Kevin Lin’s Twitch

Published

2 months ago

January 28, 2023

portalone fund twitch kevin lin tvlundentechcrunch

PortalOne Earlier this month, at the tvlunden TechCrunch, the founders of the port alone, a company that creates online games, raised 15 million dollars to launch their first game, portalone fund twitch kevin lin tvlundentechcrunch called Twitch. The game will be available on a mobile device and will also have a web version. It will have a variety of different games, including a slingshot game that allows users to throw objects, shoot enemies, and hit other players. The company is also working on a game that allows players to play the role of an astronaut. It is hoped that the game will be released soon.

Portalone 15m Atari founders fund twitch

Founders Fund, Atari, and Kevin Lin’s Twitch have all invested in PortalOne. This company is aiming to deliver the best of both worlds, a gaming experience with live television content. The company has been in closed beta for a while, but it is expected to move out soon. PortalOne, which will soon be open to the public, has received a $15 million seed from Founders Fund. Other notable investors include Atari, Coatue Management, Rogue Capital Partners, TQ Ventures, and Signia Venture Partners.

The aforementioned $15 million seed will help fund the development of a game that promises to take gaming to the next level, by adding a live media component. The company also aims to build a social community around its game engine.

portalone 15m Atari founders fund Kevin

During the recent years, portalone gaming devices have been declining in popularity. But a group of former Atari employees has decided to start a fund to support portalone gaming devices. Their goal is to raise $1 million by the end of the year. They believe there is a demand for port-alone devices in the market. They have already raised over $100,000 and hope to raise more funds. They have already invested in companies such as Twitch and Atari. The former employees believe there is enough interest in the project to raise money.

Among the investors are Xen Lategan, the former executive advisor at several companies, and Mike Morhaime, the founder of Dreamhaven. Others include Talis Capital, TQ Ventures, and Signia Venture Partners. The company’s primary product encrypts data before it leaves a computer. It also offers the ability to block cookies and trackers. They are in closed beta right now, but they hope to enter the market soon.

Portalone has been gaining attention for its unique data protection methods. It has a browser extension that blocks cookies, trackers, and government surveillance. The company has been working with companies such as Twitch, which is a live streaming video platform. They have also invested in eSports.

Portalone 15m Atari founders fund in

Having raised over $15 million, PortalOne, a hybrid gaming and TV show app, is getting ready to launch into the market. The startup company has secured investments from a number of top players in the gaming industry, including Atari, Twitch, and Coatue Management. It is also backed by investors such as Sunny Dhillon, the founder of Signia Venture Partners and the former CTO of Hulu, and Talis Dhillon, the founder of TQ Ventures.

PortalOne is also working with a number of gaming companies, including Riot Games, Blizzard, and Dreamhaven. The company’s main product is an online security tool that encrypts data before it leaves the computer, protecting it from hackers and government surveillance. The company also aims to create a social community around its game engine.

The company’s other investors include Atari, Founders Fund, Seedcamp, Rogue Capital Partners, and Coatue Management. It also has investment from Twitch, the popular live-streaming video platform. According to the company’s COO, eSports is the fastest-growing category in the gaming industry.

Portalone 15m Atari Kevin tvlundentechcrunch

Earlier this year, a group of former Atari employees launched a fund to support the development of the Port alone, a gaming device. They believe there is enough interest in the project to raise the required funding. Their goal is to raise $1 million by the end of the year.

The company is led by Atari founder Nolan Bushnell, who is also the CEO of Twitch, the live-streaming video platform. Twitch co-founder Kevin Lin is also part of the investment. Other investors include Atari, Talis Capital, SNO Ventures, and Seedcamp.

Atari hopes to capitalize on the portability of its Portalone gaming device, which is also able to stream to Twitch-enabled devices. Portability has always been a key factor in the gaming industry. The Portalone is compact and light, which helps make it easy to carry around. It also offers a browser extension that helps users block trackers and cookies. The product is also designed to encrypt data before it leaves a computer, protecting it from hackers and government surveillance.

PortalOne, the creator of what the company is calling ‘the world’s first hybrid games platform’, has secured $15 million in seed funding from some very heavy hitters in the worlds of tech, games, and media, including Twitch, Blizzard, Riot & Atari.

The company is bringing together the worlds of TV production and game development, and tying it all together with tech. PortalOne has developed a blend of streaming video and interactive games, delivered to virtual reality headsets or mobile phones. Users can participate in live streamed ‘game shows’, within which they can compete in interactive games.

After running a closed beta of its service for the last several months, the company is now preparing to launch in the US later this year, with the retro-inspired PortalOne Arcade, which will place the show’s guests inside ‘super-sized’ versions of classic arcade games – they’ve just signed an exclusive seven year deal with Atari – as well as original new titles.

PortalOne is also planning to open its platform up to third party creators, enabling other companies to publish their own hybrid games.

While the blend of live-streamed video and online gaming may not seem like a natural combination, some of the world’s biggest tech, media and games investors are giving PortalOne their support.

The $15m seed funding round included: Founders Fund (Peter Thiel), TQ Ventures (Scooter Braun, Schuster Tanger and Andrew Marks) and Signia Venture Partners whose LPs include Warner Bros., Disney and Tencent.

The round also saw participation from a number of high profile angel investors, including Kevin Lin (co-founder of Twitch), Mike Morhaime (co-founder of Blizzard and Dreamhaven), Amy Morhaime (co-founder of Dreamhaven), Marc Merrill (co-founder of Riot Games), Xen Lategan (former CTO and executive advisor at various companies such as Hulu), and Eugene Wei (former Head of Video at Oculus and Head of Product at Hulu). PortalOne’s strategic partners Atari and ARRI also invested.

PortalOne was co-founded in Norway, by brothers Stig Olav Kasin and Bård Anders Kasin. Bård previously worked as a Technical Director at Warner Bros. where he worked on revolutionary movie productions like the Matrix Trilogy. He also previously co-founded The Future Group, which provides mixed reality solutions for media production. Stig Olav previously worked as an award-winning developer and executive producer of interactive entertainment and mobile games. His background as television executive includes leading roles for shows like The Voice and Who Wants to be a Millionaire.

Bård Anders Kasin, CEO and Co-founder of PortalOne, said: “We are incredibly fortunate to have been joined by a number of true icons and visionaries who immediately grasped the unique potential of PortalOne. To get such strong backing from so many industry innovators at such an early stage of this journey is something you can only dream of. All of our investors bring tremendous value to the table and we are grateful for all of their support.”

Scooter Braun, Co-founder of TQ Ventures, said: “As PortalOne continues to grow, it is seamlessly integrating the gaming and entertainment worlds to create a single interactive experience and endless opportunities for content creation. Creators and performers alike want new and innovative ways to bring their craft to life, and PortalOne is meeting that demand in a way that no other business has done. I’m excited to work with the entire team to realize their trailblazing vision. I have never seen anything like this before.”

Kirill Tasilov, Principal at Talis Capital, said: “Massive opportunities continue to emerge in the interactive entertainment space as distribution and business models evolve. PortalOne is redefining mobile by unlocking new hybrid experiences at the intersection of games and video, and we are thrilled to be a part of their journey.”

Tag: Portalone 15m Fund Twitch Kevin Tvlundentechcrunch

Kevin Lin, Co-founder of Twitch, said: “The next big social platform will likely be a convergence of media with gaming at its core – a truly new immersive interactive experience – and PortalOne is a major contender for becoming such a platform.”

Sunny Dhillon, Partner at Signia Venture Partners, said: “When we see virtual concerts inside of TikTok, Roblox, and Fortnite, it’s great but PortalOne offers an evolution of interactive metaverse entertainment – true real-time, one-to-many interaction between gamers around the world, all in a mobile-native hybrid game format. We’re thrilled to partner with Bård Anders and Stig Olav on this journey.”

Delian Asparouhov, Principal at Founders Fund, said: “We back companies that we believe have strong potential to become global category leaders. PortalOne creates a new category and simultaneously the platform that is clearly set to dominate that new category. The market is ripe, the opportunity is clear, and the potential is unlimited. PortalOne is poised to create a before and after in the industry.”

Up Next

PortalOne Raised $15 Million From Founders Fund, Atari, and Kevin Lin’s Twitch

Don't Miss

Use Lucky Patcher to Make In-APP Purchases

Business

How to Sell a Private Number Plate

Published

7 days ago

March 14, 2023

David Baddeley

Private number plates are becoming increasingly popular across the country, with car owners looking for effective ways to add an element of personalization to their vehicles. While you can purchase private number plates directly from the DMV in the US (or the DVLA in the UK), there are also lots of private sellers in the market.

If you are looking to sell a private number plate but are not sure how to go about doing so, then the below blog is just what you need. Read on to find out everything you need to know about selling private number plates, including how to get the most money from your plates.

Where can I sell a private number plate?

There are several places where you can sell a private number plate, with some of the most popular options being via a private broker or dealer. Enabling you to get your number plate in front of a lot of potential buyers, a broker or dealer will typically list your plate on their site and then take a commission when it sells.

Alternatively, you can choose to sell your private number plate on your own, which means you get to keep all of the profits. However, it is worth noting that this can take a little longer and does require more effort on your part. You can choose to sell your private number plate on an auction selling site such as eBay, where you sell the plate to the highest bidder, although you will have to pay selling fees.

The place where you decide to sell your private number plate will be dependent upon how quickly you need to sell the plate and how much money you hope to get for it. A broker will be able to sell your private plate quickly, but you may find you get less money than if you advertised your plate in the classified ads of a car magazine.

Can I sell a private number plate back to the DVLA?

Although you can buy private number plates from the DVLA, you cannot sell these back to them. The DVLA keeps a stock of DVLA private reg plates that are brand new and have never been issued to date, so they do not sell preowned private plates.

That being said, there are plenty of other places to sell private number plates, as detailed above, so you should have no difficulty in selling your private plate.

How to sell a private number plate

You are legally allowed to sell or gift private number plates in the United States. However, personalized number plates must be assigned to a vehicle before it can be used.

If you choose to sell your private number plate via a broker or dealer, they should take care of this for you, but if you opt to go alone, you must take care of this yourself. You can assign a private number plate to a new owner either via post or online, and you will need either the V778 retention certificate or the V750 certificate of ownership to do so.

Business

Investigation Socios Chilizcorbett Off Thepitch

Published

1 week ago

March 13, 2023

David Baddeley

Table of Contents
Introduction
Background Information
The Investigation
Implications of the Investigation
Conclusion
FAQS
What is the investigation about?
Who is conducting the investigation?
Why was the investigation launched?
What are the potential implications of the investigation?
Is there any timeline for the investigation?
Will the investigation impact the users of Investigation Socios Chilizcorbett Off Thepitch?
What should I do if I invested in Chiliz or Socios Corbett Off Thepitch?
Introduction
Investigation Socios Chilizcorbett Off Thepitch: Uncovering the Relationship between a Cryptocurrency Company and its Branding Partner

Background Information
The cryptocurrency industry has been booming recently, with new companies and innovations emerging almost daily. However, with this growth comes increased scrutiny and regulation, particularly regarding relationships between companies in the industry. One ongoing investigation that has caught the attention of the cryptocurrency world is the investigation into the relationship between Chiliz and its branding partner, Socios Corbett, Off The pitch.

Chiliz is a blockchain-based platform that aims to create a new model for sports and entertainment by using blockchain technology to tokenize sports teams and clubs. Investigation Socios Chilizcorbett Off Thepitch, on the other hand, is a branding and marketing company that specializes in sports and entertainment. The two companies have been working together on various projects in recent years, but now their relationship is being investigated by authorities.

The Investigation
The investigation was launched to uncover potential improprieties in the relationship between Chiliz and Investigation Socios Chilizcorbett Off Thepitch. It is ongoing, and the scope of the study is still being defined. However, the investigation aims to uncover potential conflicts of interest, financial irregularities, or other issues that may have arisen during the two companies’ collaboration.

Implications of the Investigation
The implications of the investigation could be significant for both Investigation Socios Chilizcorbett Off Thepitch Off Thepitch, as well as for the cryptocurrency industry as a whole. If any wrongdoing is uncovered, it could damage the reputation of both companies and have legal or regulatory consequences. It could also lead to increased scrutiny and regulation of the cryptocurrency industry, particularly regarding company relationships.

Despite the potential implications, it is essential to note that the investigation is ongoing, and no findings have been announced yet. It is necessary to wait for the study’s results before drawing any conclusions about the relationship between Chiliz and Socios Corbett Off Thepitch.

Overall, the investigation into the relationship between Chiliz and Socios Corbett Off Thepitch is a reminder of the need for transparency and accountability in the cryptocurrency industry. As the industry continues to grow and evolve, companies must operate with integrity and be held accountable for their actions. The investigation may have far-reaching implications but allows the industry to learn and improve. Only time will tell the study’s outcome, but the cryptocurrency world will closely watch it.

Conclusion
In conclusion, the investigation into the relationship between Chiliz and Socios Corbett Off Thepitch is an ongoing story that has captured the attention of the cryptocurrency world. The study aims to uncover any potential improprieties in the collaboration between the two companies. It could have significant implications for both Chiliz and Socios Corbett Off Thepitch, as well as for the cryptocurrency industry as a whole.

FAQS
What is the investigation about?
The research is focused on the relationship between Chiliz and Socios Corbett Off Thepitch. It aims to uncover potential improprieties, financial irregularities, or conflicts of interest arising during the two companies’ collaboration.

Who is conducting the investigation?
The investigation is being conducted by authorities, though the specific agency or agencies involved have not been disclosed.

Why was the investigation launched?
The reason for the inquiry has yet to be officially disclosed. However, it is believed that it was found due to concerns about the relationship between Chiliz and Socios Corbett Off Thepitch.

What are the potential implications of the investigation?
If any wrongdoing is uncovered, it could have significant consequences for both Chiliz and Socios Corbett Off Thepitch and the cryptocurrency industry as a whole. It could damage the reputation of both companies and lead to legal or regulatory consequences. It could also increase scrutiny and regulation of the cryptocurrency industry.

Is there any timeline for the investigation?
There currently needs to be a timeline for the study. It is an ongoing process, and no findings have been announced yet.

Will the investigation impact the users of Investigation Socios Chilizcorbett Off Thepitch?
It is still being determined if the study will directly impact the users of either Chiliz or Socios Corbett Off Thepitch. However, any negative consequences that arise from the investigation could indirectly affect users.

What should I do if I invested in Chiliz or Socios Corbett Off Thepitch?
If you have invested in either Chiliz or Socios Corbett Off Thepitch, it is recommended that you closely monitor any updates or developments regarding the investigation. It is also advised that you consult with a financial advisor or investment professional for personalized advice.

Business

Bangalorebased Razorpay Smbs 160m Series Gic

Published

1 week ago

March 13, 2023

David Baddeley

Bangalorebased Razorpay Smbs 160m Series Gic, the Bangalore-based fintech startup, has welcomed a major investment into their company. A Series G funding round led by Singapore’s GIC and other investors Ribbit Capital and Sequoia India was concluded successfully, with $160 million being invested. This brings the total raised to an impressive $306 million.

This is great news for Razorpay as it continues to grow in the competitive world of fintech startups. With these newly acquired funds, Razorpay will continue to work towards making financial services accessible to everyone through its secure payment gateway platform.

The CEO of Razorpay, Harshil Mathur, expressed his excitement about the new developments saying that they are committed to building meaningful financial solutions. He believes the new investment will allow them to expand their capabilities and reach more people.

This is also a testament to India’s fintech sector, which has seen investments of over $70 million this year alone, totaling up to $1 billion since 2016. With major investors such as GIC, Ribbit Capital, and Sequoia India coming forward, it is clear that confidence in the Indian fintech industry remains high.

Table of Contents
Focus
Innovations in Razorpay
Partnerships and Acquisitions
Funding and Potential Growth
Conclusion
FAQS
Q: How much funding has Razorpay raised in total?
Q: Who are the investors involved in the Series G funding round?
Q: What will Razorpay be using these funds for?
Q: What could this mean for Razorpay?
Focus
Razorpay, the Bangalore-based fintech startup, recently raised $160 million in a Series G funding round. With this investment, they are now backed by Singapore’s GIC and existing investors Ribbit Capital and Sequoia Capital India. Razorpay has also secured a total of $306 million through these investments.

The startup has long been focused on helping small and medium businesses (SMBs) with its services that provide easy access to financial tools while optimizing digital payments, lending solutions, and more. Moreover, their platform helps create an environment where SMBs can focus on building customer relationships without worrying about complicated payments or other financial hurdles.

Innovations in Razorpay
Have managed to revolutionize the way we do business in India. With this new funding round, Razorpay looks set to expand its services and reach even further, giving more people access to its advanced payment solutions. This latest investment is a testament to the hard work of Razorpay’s team and will help them take their Payment Platform to the next level. The company’s mission has always been to make payments smoother and simpler for everyone – be it customers or merchants – and now this capital infusion enables them to go beyond just payments and explore other financial products. Razorpay is ready for a bright future ahead!

Partnerships and Acquisitions
Razorpay’s focus on creating innovative financial solutions to make banking easier for its customers has made it a leader in fintech. The team has been working hard, adding new products and services for their customers. This round of funding will help the startup take its product offerings to the next level.

The company plans to use this capital injection to strengthen its presence in India, expand into global markets, and acquire more talent to drive future growth. It also plans to launch merchant-centric financial products that will add value and help them grow their businesses faster.

Razorpay is confident that with this added infusion of funds, they can continue their mission to revolutionize digital payments by making them seamless and secure. They also plan on leveraging their recent acquisitions to further strengthen the company’s offerings and product suite.

This new round of funding is a testament to Razorpay’s mission of creating an easy and secure digital payments experience for its customers and its potential to continue doing so. With this fresh capital injection, it looks like Razorpay will continue to make waves in the fintech space!

Funding and Potential Growth
Razorpay’s latest Series G funding injection of $160 million is a testament to the startup’s growth potential. With this new round of funding, Razorpay has now raised a total of $ 306 million, which will help the company to continue expanding its solutions and services in India and abroad. The investment by Singapore-based GIC and Ribbit Capital and Sequoia Capital India signals investors’ confidence in Razorpay’s capabilities as a rising fintech powerhouse.

Razorpay plans to utilize these funds to further strengthen its core payments platform and diversify into new markets, including lending, banking services, and more. This move could open up multiple opportunities for the startup domestically in India and abroad, as the fintech sector continues to be a major driver of digital transformation and disruption.

The new funding comes when digital payments rapidly gain traction across India due to increased internet penetration and the Covid-19 pandemic, which has pushed more people online. Razorpay’s established position in this sector is a testament to its ability to innovate and adapt quickly to changing market conditions. With strong investor backing, Razorpay looks set for an even brighter future!

Conclusion
The future looks bright for Razorpay! Razorpay’s latest Series G funding round of $160 million indicates the company’s potential for growth and success. With strong investor backing, Razorpay looks to continue strengthening its core payments platform and diversifying into new markets. This could open up multiple opportunities for the startup both in India and abroad as digital payments are increasingly sought after by customers due to increased internet penetration and the Covid-19 pandemic.

FAQS
Q: How much funding has Razorpay raised in total?
A: Razorpay has raised a total of $306 million, following its latest Series G funding round of $160 million.

Q: Who are the investors involved in the Series G funding round?
A: The Series G funding round was led by Singapore’s GIC and included existing investors Covid-19-focused Ribbit Capital and Sequoia Capital India.

Q: What will Razorpay be using these funds for?
A: Razorpay plans to use the funds to further strengthen its core payments platform and diversify into new markets, including lending, banking services, and more.

Q: What could this mean for Razorpay?
A: This could open up multiple opportunities for the startup domestically in India and abroad, as digital payments continue to be a major driver of digital transformation and disruption. With strong investor backing, Razorpay looks set for an even brighter future!