Categories unity

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Google shutting down Poly 3D content platform

Google is almost running out of AR/VR projects to kill off. The company announced today in an email to Poly users that they will be shutting down the 3D-object creation and library platform “forever” next year. The service will shut down on June 30, 2021 and users won’t be able […]

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Roblox files to go public

Roblox, the child-friendly gaming company, filed to go public today. Its listing comes one day after the lending company Affirm initiated its own public offering and a mere two days after Airbnb’s filing. Roblox filed confidentially to go public in mid-October, but its numbers were unreleased until today when it published […]

Extra Crunch Friday roundup: Edtech funding surges, Poland VC survey, inside Shift’s SPAC plan, more

I live in San Francisco, but I work an East Coast schedule to get a jump on the news day. So I’d already been at my desk for a couple of hours on Wednesday morning when I looked up and saw this: What color is the sky this morning pic.twitter.com/nt5dZp5wWc […]

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Silver Lake to buy additional $600 million stake in India’s Reliance Jio Platforms

Silver Lake is doubling down its bet on India’s Reliance Jio Platforms. The U.S. private equity firm said Friday it is buying an additional stake worth $600 million in the top Indian telecom operator, which has now raised $12.2 billion in less than two months at the height of a […]

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CRV’s Saar Gur wants to invest in a new wave of games built for VR, Twitch and Zoom

Saar Gur is adept at identifying the next big consumer trends earlier than most: The San Francisco-based general partner at CRV has led investments into leading consumer internet companies like Niantic, DoorDash, Bird, Dropbox, Patreon, Kapwing and ClassPass. His own experience stuck at home during the COVID-19 pandemic spurred his […]

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VCs see opportunities for gaming infrastructure startups and incumbents

As the infrastructure for developing games becomes more advanced, studios have turned to buying best-in-class technology from others instead of building everything from scratch (often with inferior quality). This shift underpinned Unity’s rise as the most popular game engine. The current focus on games as ever-evolving social hubs that can […]