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How the pre-seed round made a comeback in 2024

VC Cafe

especially if the startup already has a product and revenue? To reduce the impact of dilution, the expectation is that startup valuation should more or less double between the pre-seed to the seed, and seed to series A (ideally backed by reasonable traction/ revenue multiples). A founder asked me what makes a $2M round “pre-seed”?

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Generative AI will really take off when it moves from playful to useful

VC Cafe

Generative AI will really become magic when it moves from 'playful' to 'useful' – we will use multiple generative AI tools at work in the future, like we use grammarly and canned responses today… AI will become more vertical, and specific per role — Eze Vidra (@ediggs) November 5, 2022.

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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. Gaming is a sector that traditionally struggled to attract venture capital investment in the early days, as mentioned by Mitch Lasky and Blake Robbins in the Gamecraft podcast. billion in 2022.

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The State of Consumer Tech in Israel in 2023

VC Cafe

Whether it’s gaming, commerce/ DTC or creator economy, there are many Israeli startups selling at over $10M and even $100M in annual revenue. B2C Venture Capital Investments in Israel To the most part, Israeli VCs shy away from B2C startup investments. Crossed the $200M in revenue and reached over 400 million unique users.

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Artificial Intelligence and Machine Learning– Explained

Steve Blank

The Department of Defense has thought that Artificial Intelligence is such a foundational set of technologies that they started a dedicated organization- the JAIC – to enable and implement artificial intelligence across the Department. These technologies will transform businesses and government agencies. AI in National Security.

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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. There are an estimated 2,106 immersive technology companies in the UK, representing an 83% growth in the last five years. UK XR startups generated over $1.4

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Gaming investments were down 81% in H1 2023, tips for gaming founders raising in this climate

VC Cafe

Build a strong team – this sounds obvious, but is especially important at the early stage, where there are less metrics or revenue to assess the attractiveness of your company to investors. Is your studio embracing technology in a way that will help you reduce cost, increase speed and maximise KPIs? games, every single day.

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