konvoy ventures – RE3W.IO

Byte Brew Raised $4 Million for Its Mobile Games Platform Led By Konvoy Ventures

admin — Tue, 25 Oct 2022 01:10:25 +0000

ByteBrew announced a raise of $4 million led by Konvoy Ventures with participation from Valhalla Ventures, Node Ventures, and other notable angels. The principal of Konvoy Ventures, Taylor Hurst, will apparently be joining ByteBrew’s board. The funding will be used to further develop new technologies for developers, and expand the team.

ByteBrew describes itself as an all-in-one mobile game analytics platform that provides developers with “tools they need to grow their games business”. Founded by Cameron Hozouri (CEO) and Kian Hozouri (COO). Their main goal is to equip developers with a suite of out-of-the-box growth products ranging from real-time analytics and monetization tracking to player progression and ad attribution measurement.

Developers can use the platform to get a complete understanding of their game’s performance to make key decisions about game design, development, monetization, and user acquisition.

ByteBrew apparently already has 5,000 game developers using its analytics – according to the CEO – since its launch in 2021. In July alone, ByteBrew said they analyzed over 600 billion user events on the platform.

Echo3D Has Raised $5.5 Million for Their Web3 Toolkit

admin — Tue, 05 Jul 2022 17:45:05 +0000

Echo3D has announced on Twitter the successful raise of $5.5 million for their web3 toolkit. This includes cloud storage and streaming of 3D AR and VR content for a wide range of web3 applications. Qualcomm Ventures led the round with participation from other investors including Remagine Ventures, Konvoy Ventures, and Space Capital. This announcement comes on the heels of Qualcomm Ventures previously established Snapdragon Metaverse Fund and six months after Echo3D’s previous $4 million raise back in October 2021.

The New York-based company was founded in March 2018 by Alon Grinshpoon, who is now CEO. Echo3D has stated that its goal is to change the way 3D, AR, and VR content is stored and streamed. The company’s aim is to reduce the file sizes and development times for 3D objects used on websites and apps.

Echo3D specifically focuses on building tools and infrastructures to help developers create lighter and faster 3D web3 games and apps. Their “cross-platform solution” stores, manages, and streams 3D content to mobile devices, browsers, game engineers, and smart camera devices.

Konvoy Backs Sanlo

admin — Sun, 05 Jun 2022 14:37:04 +0000

Sanlo announced on Twitter the close of a successful Series A funding round of $10 million to support game developers entering web3. Sanlo offers game developers access to tools, tech, and other assets to help reach healthy, scalable growth from web2 to web3.

Konvoy Ventures led the round, with support from Initialized Capital, Portage Ventures, XYZ Venture Capital, London Venture Partners and Index Ventures. They also announced the addition of angel investors from Fin Capital and GFR Fund.

The latest Series A funding round is supposedly going to scale up the company’s financial operating system. This is the main piece of tech Sanlo uses to evaluate and assist game and app developers shift from web2 to web3.

Sanlo noted within the press release that their pool of capital is now larger, with the amount available to developers being raised to $200 million as a result of a partnership with HCG Funds.