Everything you need to need to know about the largest Los Angeles startup funding rounds of July 2021; broken down by industry, stage, investors, and more…
Transcend Fund
Singularity 6 Raises $30M to Build Immersive Online Games That Deepen Players’ Lives
While the forced lockdowns of the pandemic led to isolation and loss of connection for many, gamers were already accustomed to building connections through screens. The pandemic also led to explosive growth in gaming for those who have never picked up a controller before. Singularity 6 is a game development studio that understands that the concept of socialization in games and its debut title, Palia, is a massively multiplayer online (MMO) game that focuses on building a community versus the typical attack, weapon-focused games. Founded by Riot Games veterans, Singularity 6 focuses on gameplay that emphasizes social connection and collaboration to progress. LA TechWatch caught up with CEO and Cofounder Anthony Leung to learn more about the inspiration for the game studio, the launch of Palia, strategic plans, latest round of funding from investors that include FunPlus Ventures, Andreessen Horowitz and LVP, Transcend, Anthos Capital, and Mitch Lasky.
LA Tech Week in Review: 6/27/21-7/3/21
$295M+ raised in LA during the week! LA Tech news for the week ending 7/3 featuring news for Beeflow, Givingli, and much, much more…
The Weekly Notable Startup Funding Report: 7/5/21
The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup funding rounds for the week ending 7/3/21 featuring funding details for ShipBob, LocoNav, Alto, and twenty-five other rounds that you need to know about.
The LA TechWatch Startup Daily Funding Report: 7/1/2021
The latest venture capital, seed, pre-seed, and angel deals for LA startups for 7/1/2021 featuring funding details for Singularity 6 and much more.
The 8 Largest LA Tech Startup Funding Rounds of March 2021
Everything you need to need to know about the largest Los Angeles startup funding rounds of March 2021; broken down by industry, stage, investors, and more…
LA Tech Week in Review: 2/28/21-3/6/21
LA Tech news for the week ending 3/6 featuring news for PacketFabric, GeoOptics, and much, much more…
The LA TechWatch Startup Daily Funding Report: 3/3/2021
The latest venture capital, seed, pre-seed, and angel deals for LA startups for 3/3/2021 featuring funding details for Maestro, Bionaut Labs, and much more.
Treehouse Games $2.6M for its Gaming Studio Focused on Collective Experiences
With video games immersive and interactive experiences captivating audiences like never, Treehouse Games announced the launch of its gaming studio that designs interactive, cooperative games instead of narrative-based single-player games. Treehouse Games is currently building its first game and the team is hard at work to translate the feeling of doing something with/for others into the gameplay. At a time where society is longing for social connections, even if virtual, and with American video game usage increased by 75 percent during the quarantine, Treehouse Games is poised to make an impact.
CEO Michael Chu tells us more about building games that focus on cooperation rather than competition, the challenge of fundraising during COVID-19, and the company’s upcoming plans.
LA Tech Week in Review: 6/21/20-6/27/20
The LA TechWatch Startup Daily Funding Report: 6/24/2020
The latest venture capital, seed, pre-seed, and angel deals for LA startups for 6/24/2020 featuring funding details for Pipe, Treehouse Games, and much more.