Moneta VC’s Post

If you guys want me to make this a series let me know but I think it's worth at least one post. If you're fundraising in Web3 gaming, which VCs should you avoid? I'll update this list as I gather more data but I think it's worth noting. 1. Lightspeed (doesn't do Web3) 2. Konvoy (doesn't invest in game studios) 3. Acrew Capital (doesn't invest in studios) 4. The Games Fund (doesn't do Web3) 5. 1Up Ventures (doesn't do Web3) 6. Soma Capital (doesn't do game studios) 7. 1AM Gaming (doesn't do Web3) 8. vgames (doesn't do Web3) 9. Mighty Capital (doesn't do game studios) 10. Betaworks Ventures (doesn't do game studios) 11. CoinFund (doesn't do game studios) 12. Bloomberg Beta (no Web3)

The #startup world is a complex game with lots of hidden rules. It can be pretty nice to have a seasoned gamer at your side: lots of experience, hands-on skills, and practical know-how honed by years of play time. Have more fun playing and improve your odds of winning. https://ow.ly/Q1Vr50Rgmvs #fractionalcto #cto #startupsuccess #startupfounder

We've transitioned from just having users to now having a growing base of monthly paying customers. It's a testament to the value Leeg is providing! Plus, the interest from users trying to hack the system for high scores and wanting to join our team shows the engagement and enthusiasm for what we're building. We're on the right track! If anyone is interested in our journey, we are looking forward to having a chat, especially early-stage investors. #StartupJourney #investment #mobilegames #gaming #investors #investing #startup

Big Karma - Startup Pitch Now Live! 🚀 Up next from our 2024 Accelerator cohort, we’re excited to share Big Karma's pitch video featuring founder Pascal Clarysse! About Big Karma 🎮  Big Karma produces video games and digital entertainment starring action heroes and champions who leverage their disability to win: Phenoms - Be Impossible Location📍  United States Ask 🌱 Big Karma is currently fundraising. If you’d like to support their mission or learn more, please contact Big Karma to schedule a meeting. Learn More ℹ️ Visit our website for more details about Big Karma, including accessible versions of this pitch, and more info! Access our website at, https://bit.ly/3CpeQfc Video Description: Startup pitch presentation featuring Pascal Clarysse of Big Karma, presenting in a studio with a vibrant purple backdrop. Pascal speaks directly to the camera as the video transitions between him and Big Karma’s pitch presentation slides materials. The video ends with a call to action, text ‘Support Us Phenoms’, alongside a QR code and URL for Big Karma. #DisabilityTech #Remarkable #AccessibleGaming #InclusiveGaming #Gamer #DisabilityInGames #AdaptiveGaming #GameAccessibility 

💰 MetaCeneGame raises $10M in a Series A funding round. Other investors in the round include The Spartan Group, Animoca Brands, SevenX Ventures, Folius Ventures, 0xMantle, LongLing Capital, Comma3 Ventures and I Got Games. #MetaCene is developing a blockchain-based #MMORPG set in a surreal post-apocalyptic world. Players will use a range of #NFTs to reshape civilization within the game. The project aims to make the #Web3 world accessible to a wide audience, prioritizing player-focused entertainment, governance, and AIGC-powered creation. 👉 https://lnkd.in/dDXP8-6M

BITKRAFT Ventures have raised $275M for a third fund to support early-stage investments in gaming & interactive media companies, as reported by Dean Takahashi of VentureBeat. Dubbed BITKRAFT Venture Fund 3, the focus will be on Seed and Series A stage investments and will put BITKRAFT’s total assets under management (AUM) to over $1 billion. BITKRAFT’s vision of synthetic reality is pushing forward the company’s belief in the power of digital experiences in shaping the future of entertainment. Jens Hilgers, founding general partner at BITKRAFT, did mention how this third round was “the most difficult one to get on the ground”. Factors like high interest rates, inflation, startups suffering, and overall worse market conditions contributed to this difficulty. At the same time BITKRAFT sees opportunities in emerging markets like Brazil, India, Southeast Asia, Africa, and the Middle East, with mobile gaming playing a big role in these regions. Some companies under BITKRAFT’s portfolio include Epic Games, Discord, Anzu.io, Bayes Esports, Midnight Society, Lightforge Games, Roundhill Investments, Tier One Entertainment, and more. Follow #MoreMark for #Business content in #Gaming, #Esports, and #Creators!

The #startup world is a complex game with lots of hidden rules. It can be pretty nice to have a seasoned gamer at your side: lots of experience, hands-on skills, and practical know-how honed by years of play time. Have more fun playing and improve your odds of winning. https://ow.ly/Q1Vr50Rgmvs #fractionalcto #cto #startupsuccess #startupfounder

A16Z GAMES partner Andrew Chen (also of Uber and Reforge) joined us at the Panobi Panorama conference to share his insights on gaming, social apps, product management, investing, and growth. In this clip he shares the insight that modern software companies fail because of market risk instead of technical risk. This shift means that PMs of all stripes and not just growth PMs, need to understand and master the type of user and marketing data that's been the province of growth teams. Link to the full talk on Youtube in the comments. 🫡 #venture #startups #product #growth

Ever wanted to see what an a16z pitch deck to LPs looks like? (yes, even VCs have to pitch!) Andrew Chen, GP at a16z, shared the fundraising deck for a16z’s $660M GAMES FUND ONE. Key slides: 📌 1. Contextual overview of the industry: ↳ They framed the games industry as a powerful cultural force. Key examples included The Last of Us, Super Mario Movie, and Hogwarts Legacy. 📌 2. Technological relevance: ↳ Games as a driver for technological innovation (e.g., 3D, GPUs, virtual items) and a key player in emerging technologies like the metaverse and NFTs. 📌 3. “Why Now” slide: ↳ Emphasized the current tailwinds in the industry, like AI and its massive potential to reinvent core gameplay and tools. 📌 4. Investment focus: ↳ Initial focus on studios, Web3, and infrastructure, with a shift toward AI. This diversification showed their awareness of how to balance core areas with new opportunities. 📌 5. Operating team advantage: ↳ Highlighted the importance of their "games native" Operating Team, which helps portfolio companies with hiring, marketing, creators, and launching products. This was a significant differentiator, positioning a16z as a support-heavy fund. 📌 6. Strong hires from major companies: ↳ They showcased key hires from prominent gaming and entertainment companies like Supercell, YouTube, Riot, Twitch, and Unity to strengthen their operational team. 📌 7. Resilience in economic downturn: ↳ Emphasized how their operating team’s guidance helped portfolio companies navigate economic challenges, pointing to the resilience of the gaming market. 📌 8. Team mentality: ↳ A focus on a startup mindset within their team, with everyone acting as owners, and a willingness to innovate and adapt to challenges and opportunities. 📌 9. Call to join: ↳ They closed the deck by inviting others to join their initiative. Check it out >>>> #fundraising #limitedpartners #venturecapital #VC #founders #speedrun #gaming #web3 #funding #startups #investor #pitchdeck #LPdeck