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China’s game engine Cocos raises $50M, goes beyond games

TechCrunch

Cocos Technologies, a China-based game engine provider that has been around since 2010, just announced it has picked up $50 million in a Series B funding round in a bid to work on development and move beyond games. To play catchup, the Beijing-based company added 3D capabilities to its engine last year.

Games 230
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How Nvidia became a trillion-dollar company

CIO

Nvidia’s transformation from an accelerator of video games to an enabler of artificial intelligence (AI) and the industrial metaverse didn’t happen overnight—but the leap in its stock market value to over a trillion dollars did. The once-niche chipmaker, now a Wall Street darling, was becoming a household name.

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Five Flute annotates hardware product development into the current millennium

TechCrunch

If you’re working in hardware development, there’s not a lot of options for collaborative work — at least not until Five Flute came along. . “Five Flute gives these teams the ability to collaborate seamlessly around engineering issues without ever leaving the native 3D design programs where they already work.”

Hardware 201
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Massachusetts startup OPT Industries is perfecting a 3D-printed nasal swab for COVID-19 tests

TechCrunch

One small company that stepped into the fray of swab production was the two-year-old OPT Industries, a Massachusetts-based company with 15 employees involved in additive manufacturing (think 3D printing) of dense microfiber structures. While the pandemic is still a global disaster, the vaccines have changed the game when it comes to testing.

3D 224
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How W4 plans to monetize the Godot game engine using Red Hat’s open-source playbook

TechCrunch

A new company from the creators of the Godot game engine is setting out to grab a piece of the $200 billion global video game market — and to do so, it’s taking a cue from commercial open source software giant Red Hat. But first… what is a game engine, exactly? Godot editor demo.

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Manticore Games raises $100 million to build a ‘creator multiverse’

TechCrunch

The gaming sector has never been hotter or had higher expectations from investors who are dumping billions into upstarts that can adjust to shifting tides faster that the existing giants will. Bay Area-based Manticore Games is one of the second-layer gaming platforms looking to build on the market’s momentum.

Games 158
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Yahaha raises $40M more for its user-generated, low-code immersive gaming platform

TechCrunch

Yahaha , a Helsinki- and Shanghai-based immersive, user-generated, low-code gaming platform founded by a group of Chinese gaming vets, made a splash in January when it announced a cumulative $50 million in funding ahead of its alpha launch in April. And that’s where Yahaha comes in.

Games 165