Turkey has gained a well-earned reputation as a veritable cauldron of mobile games startups, leading to the rise of VCs dedicated to the sector.
The latest to join this coterie is Laton Ventures, a new gaming-focused VC that has raised a $35 million fund.
Indeed, between 2018 and 2022 Turkish gaming start-ups raised more than $1 billion in funding.
There are now at least 25 VC funds that invest in video games startups based out of Turkey.
“We’re positioning as a bridge between the Turkish gaming ecosystem, which is booming, and the international gaming ecosystem.
The Apple-Epic saga has just taken a new turn today as the Fortnite game developer, Epic Games, shared that Apple has terminated its developer account.
It was after agreeing to abide by its rules that Apple’s lawyers sent a letter terminating its Epic Games Sweden AB account.
Epic claims the tech giant is retaliating against it for speaking out, as a letter penned by Apple exec Phil Schiller indicates.
“You also testified that Epic deliberately violated Apple’s rules, to make a point and for financial gain.
It noted, too, that its company has contractual relationships with Apple going back to 2010 for Epic’s Games, Unreal Engine, and other creator tools and Apple itself has been a public supporter of Epic’s Unreal Engine.
Alongside Xiaomi SU7 design, Xiaomi has developed the five core EV technologies: E-Motor, CTB Integrated Battery, Xiaomi Die-Casting, Xiaomi Pilot Autonomous Driving, and Smart Cabin.
Here’s what I can say: the SU7 is a car – and nice looking one at that.
It was parked inside Xiaomi’s MWC booth atop a rotating platform.
Here’s Xiaomi again,Xiaomi’s transition from “Smartphone x AIoT”, the “Human x Car x Home” smart ecosystem seamlessly merges personal devices, smart home products, and cars.
As the foundation of the “Human x Car x Home” smart ecosystem, it integrates over 200 product categories incorporating 600 million global devices, and covering more than 95% of user scenarios.
Golden Ventures, a Canada-based venture capital firm, closed on over $100 million in capital commitments for its fifth fund targeting high-potential, seed-stage founders working across technologies, including AI, climate, blockchain and quantum.
“This is a continuation of our core thesis and created to be super founder-aligned,” Golden told TechCrunch.
The firm makes both core investments and those that lean more on the angel side.
Over 13 years, Golden Ventures has backed over 100 companies at the seed stage.
Golden Ventures V is backed by a group of existing institutional limited partners, including BDC Capital, ECMC Group, Foundry, HarbourVest Partners, Kensington Capital Partners, Northleaf Capital Partners, RBC, Teralys Capital, University of Chicago and Vintage Investment Partners, and new institutional partner Deloitte Ventures.
