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Impressions from Pocket Gamer Connects in London

VC Cafe

One trend that was prominent at the conference was the rise of generative AI in gaming. Over $102 billion in M&A deal value with some of the largest ever gaming M&A deals this year (Activision/Microsoft, Zynga/Take-Two, ironSource/Unity) More than $11B was raised in 900+ financing rounds of private companies.

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The Real Promise of Gen AI: It’s in the Apps, Not the Pipes

VC Cafe

AI has the potential to offer entirely new user experiences, making them far more personalised and intuitive across various sectors such as finance, education, and gaming. Cost Structure Changes : AI can automate numerous processes, significantly reducing operational costs.

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Everybody is talking about AI Agents and Automation

VC Cafe

For example what if you could pay an AI agent to file your taxes, manage your stock portfolio, write your content, summarise your meetings and remind you of action items, and so on and so on. In practice however, AI agents are unfortunately still not so reliable, and you’d be taking a big risk by using them blindly.

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The first UK Metaverse Startup Landscape

VC Cafe

Together, we mapped 89 companies, that collectively raised over £2 billion in venture capital across consumer experiences, enabling technologies and infrastructure. UK XR startups generated over $1.4 Access to finance and skills remain the key barriers to industry growth. billion in revenue in 2022. Looking ahead.

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How the pre-seed round made a comeback in 2024

VC Cafe

While the answers are somewhat semantic, the pre-seed funding round is making a comeback in 2024 startup financing. Pre-seed tends to be about developing an MVP and generating early traction. Seed is about showing initial product market fit. The post How the pre-seed round made a comeback in 2024 appeared first on VC Cafe.

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