Startup Showdown Launches as a Virtual Tech Startup Pitch Competition with $120,000 Investment Prize Every Month
The event democratizes access to capital for entrepreneurs everywhere and is powered by Panoramic Ventures
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ATLANTA, April 20, 2021 /PRNewswire/ Panoramic Ventures today opened applications for its inaugural Startup Showdown, the first in a series of pitch competitions designed to showcase and fund early-stage technology companies. The first competition in the monthly series will broadcast globally on June 24 and is open to tech startups across the country including the Southeast, Midwest, and other regions.
Entrepreneurs can now apply to pitch for the inaugural Startup Showdown. The deadline to submit an application is May 16.
Today Pragma announced that it has raised $12 million in Series A funding.
The funding round was led by Greylock Partners, along with investments from Zynga, Oculus, Cloudera, and existing investors Upfront Ventures and Advancit Capital.
Along with the funding announcement, the developer shared that shared that Accompany founder Amy Chang has joined their board of directors.
Founded in 2019 by Eden Chen and Chris Cobb, former Riot Games engineering lead, Pragma provides a back-end as a service solution for online games, covering accounts, player data, lobbies, match matching, social systems, telemetry, and store fulfillment.
Last year, Pragma raised $4.2 million in a seed funding round.
Pragma raises $12m in Series A funding gamesindustry.biz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gamesindustry.biz Daily Mail and Mail on Sunday newspapers.
EXCLUSIVE: ITV AdVentures, the broadcaster’s new venture capital arm, plans to invest £15m in up to five consumer start-ups this year.
And it plans to double down on its VC initiative again in 2022, investing another £15m in between three and five start-ups.
ITV AdVentures offers between £1m and £5m worth of TV ads in each start-up through a so-called media-for-equity deal.
Media for equity means media companies offering inventory – ad space or airtime – in exchange for equity in start-ups.
It’s ideally suited for consumer scale-ups with a broad proposition looking to grow their sales – think Octopus Ventures-backed Secret Escapes, which at one point advertised regularly on ITV.
12 Silicon Valley and San Francisco startups score more than $1 7 billion at midweek bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.