Game images startup Medal.tv raises 53 million
1. Game images startup Medal.tv raises 53 million
Medal.tv, a game video sharing platform, has raised 53 million euros ($60 million). In a previously unannounced Series B round, Makers Fund, Horizon Ventures and Dune Ventures, among others, bet $15 million in the company of Pim de Witte, Joshua Lipson, Zaid Elnasser and Iggy Harmsen. The next $45 million Series C round was led by Omers Ventures. The 2020 MT/Sprout Challenger wants to use the money for stratifications, hiring and expanding R&D. ‘We are now running into daily visitors and we think we will switch to that in January’, according to The White. Med.tv also wants to use a subscription model for users who want more options.
2. Amsterdam puts a bomb under the revenue model for flash deliverers
The municipality of Amsterdam wants to intervene firmly in the flash delivery market. The city council no longer wants dark shops in residential areas. Residents have complained a lot about run-down couriers, couriers and streets sorted by supplies. This week, the first dark store will get a short that its business activity violates the policy. ‘This is the first branch to receive such a letter, but certainly not the last. I do not rule out that all dark shops have to move to industrial estates. But unfortunately that will not be arranged within six months,” a municipal spokesperson said to the newspaper The Financial Times. This would make it difficult for speed cameras to keep their promise of delivering groceries within ten minutes. It is unclear whether municipalities have enough legal options to be dark shops, but at least Amsterdam and Rotterdam are expanding on additional measures.
3. CM.com buys Building Blocks
Communication platform CM.com wants to make its fourth acquisition of the year with Building Blocks. The Tilburg takeover rooi develops software for the processing of consumer data. Building Blocks has an annual turnover of about 4 million euros with 40 employees. The clientele includes Samsun, Basic-Fit and Corendon. CM.com CEO Jeroen van Glabbeek says in the press release that the companies have already worked together for some clients. The acquisition price has not yet been announced, because the negotiations are in the final phase. The deal is due to close in the first quarter of 2022.
4. Geert-Jan Smits pulls plug from Pacha Panels
Eleven months after the start, Geert-Jan Smits has decided to discontinue the business activities of Pacha Panels. After the sale of furniture webshop Flinders, Smits wanted to supply circular material for the interior and furniture industry with Pacha panels. In May, he spoke to MT/Sprout about a round of billions of dollars. ‘We build a’ beginning of art webshop. And we are going to create a lot of buzz, online but also at trade fairs and by visiting architects’, he said at the time about getting that market open. Now the entrepreneur reports LinkedIn that supplying sustainable and circular materials to the furniture industry ‘isn’t in realistic ways’. ‘The biggest challenge for us turned out to be obtaining a relevant range. The demand for sheet material is currently greater than the supply and we see no room for new entrants.’
5. Nike Makes Metaverse Acquisition
For an undisclosed amount, Nike has acquired virtual sneaker maker RTFKT (pronounced artifact). Founded in 2020, RTFKT makes ‘NFT collectibles and memes‘, including digital sneakers that can be worn in the metaverse. The American startup received an investment of eight million dollars earlier this year. “This acquisition is another step that accelerates Nike’s digital transformation and enables us to serve athletes and creators at the intersection of sport, creativity, gaming and culture,” according to Nike CEO John Donahoe.
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6. And then this: Waitress served with $4400 tip
Waitress Ryan Brandt got a tip of . in Bentonville, USA $4400. This she had to share from carrying group to the other requests that served them. “We knew we were hit very hard by Covid-19, so we decided to give it back,” said gratuity initiator Grant Wise. The restaurant manager agreed that the money was being distributed among all colleagues, including those not at work. Brandt should only be allowed 20 percent to hold. Upon hearing this, Wise demanded a refund of the tip money to give $2200 directly to Brandt. The day after, Brandt became incongruous. The restaurant declined to comment on the dismissal issue. Wise also a GoFundMe for the vienna, who write nearly $14,000 on results.
Whatever we laze around:
- The corona measures will be extended until January 14. Primary schools will close earlier and more measures can be announced in the short term. (NOS)
- Various allowances, including the NOW and the Fixed Allowance Allowance, will be extended. (central government)
- Oops! A man sells an NFT for 2600 euros instead of 265,000 euros. (Quote)
- Memestocks Gamestop and AMC see the prices plummet. (RTL Z)
- A headstrong mayor, a disbarred councilor and much more. The saga surrounding the planned Facebook data center in Zeewolde is fascinating. (NRC Handelsblad)
- Cryptocurrency Dogecoin rose 40 percent in value over Elon Musk known to accept the coin as a means of payment. (The Wall Street Journal)