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Social app IRL makes its first acquisition with deal for digital nutrition company AaBeZe Labs

TechCrunch

IRL, the SoftBank-backed social app and recent unicorn , is today announcing its first acquisition. The company is purchasing, for an undisclosed sum, the “digital nutrition” company AaBeZe Labs and its portfolio of IP with the goal of making IRL a healthier and more ethically designed social networking app.

Social 250
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Cosmos Video – a ‘Club Penguin for adults’ to socialise and work – raises $2.6M from LocalGlobe

TechCrunch

All over the world startups are piling into the space marked “virtual interaction and collaboration”. Step forward Cosmos Video , which has a virtual venues platform that allows people to work, hang out and socialize together. Cosmos allows users to create virtual venues by combining game mechanics with video chat.

Video 259
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Fiveable lands $10M Series A to become ‘the hallways of the educational internet’

TechCrunch

While tech workers may turn to virtual HQs or Twitter Spaces for spontaneous chats, high schoolers are searching for casual places online to riff and study with friends. Now, it is evolving to become a social learning platform that helps any student navigate high school. What do students do in the hallways of high school?

Education 247
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Thinking of hibernating through the metaverse winter?

CIO

If you’re skeptical about dipping your enterprise’s virtual toes into a metaverse, rightfully so. While some investors and developers pulled back , others kept forging ahead, developing chips for augmented and virtual reality, trialing advertising through augmented reality, and “stockpiling gaming content,” according to CBInsights.

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Mozilla acquires Active Replica to build on its metaverse vision

TechCrunch

“We will benefit from their unique experience and ability to create amazing experiences that help organizations use virtual spaces to drive impact. With Active Replica, Ervin and Denis sought to built a platform for virtual events and meetings built on top of Mozilla’s Hubs project.

VR 289
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Epic Games to shut down Houseparty in October, including the video chat ‘Fortnite Mode’ feature

TechCrunch

Houseparty, the social video chat app acquired by Fortnite maker Epic Games for a reported $35 million back in 2019, is shutting down. At the time, these integrations appeared to be the end goal that explained why Epic Games had bought the social startup in the first place. — sima sistani (@SimaSistani) September 9, 2021.

Games 248
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Emperia is helping brands like Bloomingdales build shopping experiences in VR

TechCrunch

Does the average person want to shop for apparel in virtual reality (VR)? Enter Emperia , an “immersive” retail startup that — to its credit — has already created virtual stores for brands including Bloomingdales, Dior, Ralph Lauren and Lacoste. A virtual store created with Emperia’s platform.

VR 222