unity
Unity co-founder David Helgason’s next act: Gaming the climate crisis
In an interview at his home near Reykjavík, the entrepreneur-turned-VC shared thoughts on his ventures and the journey that led him from Unity to climate tech, a homecoming of sorts.
Unity to lay off another 1,800 employees, representing 25% of its workforce
Just a few weeks after its most recent round of layoffs, Unity is once again reducing its workforce. This time, around 1,800 employees will lose their job in the coming…
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The eternal struggle between open source and proprietary software
Whenever chaos engulfs a proprietary technology relied on by millions, the default knee-jerk reaction from many seems to be: “Hey, let’s see what the open source world has to offer.” Case in point: X’s (Twitter) steady demise since Elon Musk took over last year led many to search for more…
With Muse, Unity aims to give developers generative AI that’s useful and ethical
Unity is joining the rest of the gang in providing generative AI tools for its users, but has been careful (unlike some) to ensure those tools are built on a…
John Riccitiello steps down as unity CEO with former Red Hat chief exec Jim Whitehurst taking over for now
Weeks after upsetting developers with a proposed runtime fee, only to quickly backtrack on the idea, Unity announced today that CEO John Riccitiello was stepping down from his multiple roles…
Unity U-turns on controversial runtime fee and begs forgiveness
Unity has done a 180 on a controversial new pricing scheme that users of its cross-platform game engine almost unanimously disparaged.
Unity reportedly backtracking on new fees after developers revolt
Unity, the popular cross-platform game and media development engine, is on the defensive after receiving intense backlash over a controversial new fee structure, which developers using the platform decried as…
Unity this morning announced that it has opened the beta version of its development platform for visionOS. PolySpatial, which was announced in conjunction with Vision Pro headset at WWDC, is…
Life360, Sezzle, Unity, AppLovin and Wish disclose exposure to SVB in new statements
Though the Federal Reserve stated on Sunday that Silicon Valley Bank’s depositors, both uninsured and insured, will be made whole, several more tech firms disclosed their exposure to SVB over…
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Unity’s earnings show just how hard it is to earn a 10x software multiple today
In the case of Unity, the lesson is simple: It’s hard as hell to earn, let alone defend, a 10x revenue multiple in today’s market.
Sequoia reveals in filing how much is sitting in its Sequoia Capital Fund (and yes, it’s a lot)
Almost a year ago to the day, the 50-year-old investing powerhouse Sequoia Capital announced that it had reorganized itself around a singular, permanent structure: The Sequoia Capital Fund. Now, thanks…
‘Nothing, Forever,’ an AI ‘Seinfeld’ spoof, is the next ‘Twitch Plays Pokémon’
“So, I was at the store the other day, and as I’m checking out, the cashier asks me if I have any coupons, and I say, ‘No coupon problem!’” recalls…
Unity‘s proposed merger with ironSource has formally concluded, with the two companies coming together to create an end-to-end platform for developers to build and monetize games. Unity, which is best…
The Open 3D Engine adds improved terrain creation and collaboration tools
For a long time, the world of 3D engines — especially for game developers — was all about Unity and Epic’s Unreal Engine. Then, when Amazon started its ill-fated attempt…
Startup yachts, Adam Neumann and wait what year is it again?
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Natasha took over…
Unity rejects AppLovin’s $20 billion merger offer
Unity announced this morning that it is committed to its merger with ironSource and will reject AppLovin’s $20 billion proposal. Last month, the news broke that Unity — a widely…
AppLovin wants to buy video game maker Unity for $20 billion
A year after going public, app growth and monetization agency AppLovin submitted an unsolicited proposal today to buy the game engine Unity in a deal worth $20 billion. But there’s…
Daily Crunch: Interactive gaming developer Unity merges with app monetization platform ironSource
Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Unity is merging with ironSource in an all-stock deal valuing Ironsource at $4.4B in a big consolidation play for gaming
Update: The companies have confirmed the news here. ironSource is being valued at $4.4 billion in the all-stock deal. Part of the transaction will also involve Silver Lake and Sequoia,…
What really caught our attention is that Monte Carlo’s and Cribl’s deals were announced now, right in the middle of a broad startup downturn.
Tripolygon, a 3D modeling software developer, lets metaverse creators make their own 3D assets
There are a number of ways to make money in the metaverse by participating in play-to-earn games, buying virtual real estate or creating 3D assets on metaverse platforms like Roblox,…
AccelByte, a backend services platform for game developers, raises $60M led by SoftBank Vision Fund 2
AccelByte, a platform that helps game creators build backend services and tools, has raised $60 million in Series B led by SoftBank Vision Fund 2, with participation from Sony Interactive…
China’s game engine Cocos raises $50M, goes beyond games
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…
Kooply taps into $18M from Microsoft and more for a mobile games dev platform still in stealth
Mobile dominates the world of gaming, with smartphone and tablet games generating $93.2 billion in revenues in 2021, more than console ($50.4 billion) and PC ($36.7 billion) combined, according to…
UK-based TrueCircle, a computer vision startup founded just last year, has nabbed $5.5 million in pre-seed funding in a bid to bring data-driven AI to the recycling industry to improve…
Yahaha Studios, a platform for building no-code, immersive games, raised $50M in 3 rounds ahead of its launch this year
The success of Roblox and other user-created gaming experiences like Overwolf have democratized the concept of making games and have taken it into the mainstream. Now, a startup founded by…
Dent Reality raises $3.4M to bring augmented reality into the grocery store
Despite Apple and Facebook investing billions into a “metaverse” future, in recent years there’s been a distinct drop-off in venture deals for startups focused on finding opportunities in augmented reality.…
Here’s how Rippling, fresh off its Series C round, aims to center companies around ’employee identity’
Late last month, Rippling, the now five-year-old company founded by serial entrepreneur Parker Conrad, raised $250 million in Series C funding in a round that pushed its valuation to a…
Unity has just announced its intent to acquire Weta Digital, the legendary visual effects company co-founded by Peter Jackson, for a massive $1.625 billion. Whether or not you recognize the…
Qualcomm today launched a new developer platform for building head-worn augmented reality experiences: the Snapdragon Spaces XR Developer Platform. The only supported hardware for the platform is currently Lenovo’s ThinkReality…
