Gaming

Regression Games, the AI gaming and esports company, today announced it has closed $4.2M in seed funding led by New Enterprise Associates (NEA) with participation from Andreesen Horowitz (a16z), BBQ Capital, Roosh Ventures, and various angel investors to bring the power of artificial intelligence (AI) to gaming and esports. Regression Games plans to use the new capital to grow their engineering team and accelerate the development of their initial platform to test AI-driven gaming, in partnership with existing games and game studios.

Regression Games is building the platform and ecosystem to make AI gaming and esports accessible and enjoyable for everyone. The platform will enable players to write code and AIs that control characters, debug strategies in real-time, compete for prizes in tournaments and top spots on leaderboards, and collaborate with friends to build the best bots possible. Rather than traditional game playing where players utilize a controller or mouse and keyboard, Regression Games users will program algorithms and machine learning models to battle others. The AI platform will be made to integrate with both existing games and original games developed by Regression Games. With more than 3.2 billion gamers around the world, 175 US collegiate esport programs, and over 47% of US high schools teaching computer science, this intersection of gaming and coding is poised to grow over the years to come. By 2028, the video game industry is estimated to be worth over $435bn , as well as an estimated 45 million coders by 2030.

The company was founded by Aaron Vontell , an MIT alum and early engineer at AI-powered automation company Instabase. Aaron has spent the past few years working on low-code / no-code systems for non-technical people to harness the power of large machine learning models. Before Instabase, he helped develop Battlecode , an annual AI gaming competition at MIT where college students from around the globe build virtual bots to compete in video games.

"People really enjoy being able to use their technical skills to compete and win prizes, and with the proliferation of AI–this is the perfect time to start bringing AI gaming to the masses," says Aaron Vontell , Founder and CEO, Regression Games. "There is a lot of really great work coming from the ML community in using neural networks to play games like Minecraft, Dota 2, and Atari games. I want to bring those ideas to the mainstream and give people an accessible place to have fun using and competing with artificial intelligence in games."

"The growth of gaming, combined with its significant overlap with the esports and programming communities, has created a market primed for the collision of gaming and AI," said Rick Yang , General Partner and Head of Consumer Investing at NEA. "We met Aaron through our investment in Instabase and are thrilled to keep him in the NEA Family and partner with him as he executes on his vision to build Regression Games into a platform offering opportunities for competition, education, and recreation for players of all skill levels. Regression has great potential to become a pioneer in the emerging AI gaming space."

a16z General Partner James Gwertzman added, "One of the core tenets of our a16z games fund is that games are great breeding grounds for new technologies that will then find their way into all sorts of other industries. And Regression is a perfect example. What Aaron is doing — turning the creation of AI bots into a game — is not only fun in its own right, but will likely create new frameworks to simplify AI bot creation that will have broad applicability outside of games."

Aaron believes that the tools and approaches for AI competition are useful to more than just the players, but also to game studios that wish to enhance AI capabilities, or run their own AI competitions. Aaron says: "A lot more people are gaming these days, and there is a lot of complexity that goes into planning the NPCs and AIs that are used in the metaverse, online battle arenas, etc. The tools and platform we're building for players to compete will also be extremely useful for developers who want to build AIs into their games. It's widely known that existing bots in games are lacking, and we can do so much more than what is currently implemented"

Regression Games plans to hold a private alpha test and tournament with players on its AI platform in the coming months. Interested players and game developers can visit: https://regression.gg to sign up for the mailing list and follow Regression Games on Twitter and join the company's Discord server for updates!

Regression Games is hiring! Visit https://jobs.ashbyhq.com/regressiongg to view available positions.

About Regression Games

Regression Games is building the platform and ecosystem to make competitive gaming with artificial intelligence accessible and fun to everyone. Players create AIs using code or machine learning models, debug strategies in real time, compete for prizes in tournaments and top spots on leaderboards, and collaborate with friends to build the best bots possible. For more information visit: https://www.regression.gg/

About NEA

New Enterprise Associates, Inc. (NEA) is a global venture capital firm focused on helping entrepreneurs build transformational businesses across multiple stages, sectors and geographies. With nearly $24 billion in cumulative committed capital since the firm's founding in 1977, NEA invests in technology and healthcare companies at all stages in a company's lifecycle, from seed stage through IPO. The firm's track record of investing includes more than 260 portfolio company IPOs and more than 440 mergers and acquisitions. www.nea.com

Cision View original content: https://www.prnewswire.com/news-releases/ai-gaming-and-esports-startup-regression-games-raises-4-2m-in-seed-funding-from-nea-and-a16z-301605698.html

SOURCE Regression Games

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GAMING00
East Side Games

The Office: Somehow We Manage Mobile Game Available Now

East Side Games Group (TSX: EAGR) (OTC: EAGRF) (" ESGG " or the " Company "), Canada's leading free-to-play mobile game group, in collaboration with Universal Games and Digital Platforms, announced today the worldwide launch of The Office: Somehow We Manage on iOS and Android. The free-to-play idle game is inspired by NBC's critically acclaimed, Emmy® Award-winning U.S. version of The Office which is now streaming exclusively on Peacock.

Watch the launch trailer here .

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Immersive, Accessible Experiences Drive Growth in U.S. Gaming Market

New report from CTA explores gaming's post-pandemic popularity

The U.S. gaming population expanded by 3% from 2019 to 2022, as 9 million new gamers aged 13 to 64 entered the market, according to a new Consumer Technology Association (CTA)® study . The active gaming population in this age range now totals 164 million, representing 73% of 224 million U.S. adults and adolescents.

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LootMogul, Sports Metaverse announces first naming rights deal to Hoop Culture

LootMogul announced that an agreement has been made for Hoop Culture Inc. to acquire the naming rights for the Metaverse Arena in Orlando .

LootMogul, Sports Metaverse announces first naming rights deal to Hoop Culture

The terms of the deal also include an agreement for Hoop Culture to place five retail/experiential stores in five Arenas within the LootMogul Metaverse.

"We have been receiving a high number of inquiries for naming rights in our Sports Metaverse, and penning this agreement with Hoop Culture, one of the fastest growing apparel brands, is phenomenal.

Our goal is to onboard all major brands in our sports metaverse, convert their web 2 consumers to web 3 and vice-versa; essentially create a whole new revenue stream in the metaverse for all brands," stated Raj Rajkotia, LootMogul CEO.

"To obtain the naming rights for the Orlando Arena is a tremendous day in the continued growth of Hoop Culture," said Mike Brown , President of Hoop Culture.

"Having Hoop Culture stores in five LootMogul Metaverse Arenas will continue to expand our brand and place us in front of hundreds of millions of potential customers. Game players will be able to represent the Hoop Culture brand within the Metaverse and purchase physical products that will be sent directly to the customer. Truly a game changer," added Brown.

About LootMogul

LootMogul is an athlete-led sports metaverse (web3 platform) that is powered by virtual real estate, training academies, blockchain games, metashops for brands and athletes with in-real-life (IRL) rewards. LootMogul is expanding the web3 community by bringing web2 gamers and sports fanatics to the metaverse. LootMogul is building more than 180 sports cities across the globe with real-world utilities and benefits.

LootMogul recently secured a $200 million investment commitment from Gem Global Yield LLC SCS (GGY), part of GEM, that will expedite the adoption of blockchain gaming for sports organizations and athletes and truly deliver an immersive sports fans experience.

More investment news: https://www.thecoinrepublic.com/2022/09/17/lootmogul-sport-metaverse-company-secured-200-million-in-funding/

For more details visit: https://lootmogul.com

LootMogul Community - https://www.instagram.com/lootmogul/

About Hoop Culture

Hoop Culture is the premier, one-stop store for copping unique basketball accessories; the forerunner of the independent street and lifestyle apparel, setting trends with each and every new arrival. Hoop Culture currently sells products in 38 countries around the world, and maintains a vast social media network of over 150 million impressions a month.

For more information: https://hoopculture.com

Photo: https://mma.prnewswire.com/media/1907500/LootMogul_Hoop_Culture.jpg
Logo: https://mma.prnewswire.com/media/1900970/LootMogul_New_Logo.jpg

LootMogul Logo (PRNewsfoto/Lootmogul)

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/lootmogul-sports-metaverse-announces-first-naming-rights-deal-to-hoop-culture-301633118.html

SOURCE LootMogul

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Concordium partners with Versus metaverse to expand beyond Ethereum Mainnet to combat steep gas prices

NFT battle game Versus which features an Animal-Crossing-inspired open-world multiplayer metaverse, is adding Concordium to its ecosystem allowing players to explore unique arenas in collaboration with major brands.

At present, NFT minting and changing ownership transactions for the Versus metaverse are executed on Ethereum Mainnet, while a Layer-2 takes care of "mini-transactions" such as playing a game or training a pet. Compared to Ethereum's current steep gas prices, Concordium offers cheap, fixed and predictable fees for players and is a safer bet for Versus.

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Accelerating the buildout of real-time cloud rendering ecosystem, Well-Link Technologies raises $40 million in Series B2 financing round led by Temasek

- On September 26 Well-Link Technologies, a provider of real-time cloud rendering solutions, announced the completion of its $40 million B2 round of financing. This round of financing was led by Temasek, followed by existing shareholders Future Capital and CDH Venture and Growth Capital (VGC). This round of financing will help Well-Link to further improve the strategic layout of software and hardware integrated real-time cloud rendering capabilities, and accelerating the construction of next-gen computing and rendering architecture.

Founded in 2019, Well-Link has completed 5 rounds of financing in 3 years and has developed into the world's leading provider of real-time cloud rendering solutions. At a time when the global capital market is exercising cautiousness and hesitation, Well-Link successfully completes another round, thanks to its industry-leading solutions and forward-looking strategies.

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"Captain Tsubasa: Dream Team" Celebrates 1st Anniversary of NEXT DREAM Original Story from Yoichi Takahashi with In-Game Campaigns

- KLab Inc., a leader in online mobile games, announced that its head-to-head football simulation game Captain Tsubasa: Dream Team will celebrate the one year anniversary of NEXT DREAM, the original story by the author of "Captain Tsubasa" Yoichi Takahashi . See the original press release ( https:www.klab.comenpress ) for more information.

Captain Tsubasa: Dream Team will celebrate the one year anniversary of NEXT DREAM, the original story by the author of "Captain Tsubasa" Yoichi Takahashi. Be sure to check out the in-game notifications and official website for more details.

The story takes place after the Madrid Olympics in Captain Tsubasa Rising Sun , currently being serialized in the Grand Jump special edition Captain Tsubasa Magazine (Shueisha). It highlights the appearances of familiar characters in new roles and brand new characters every month in the game.

NEXT DREAM Official Website

https://www.tsubasa-dreamteam.com/en/next-dream/

There will be various in-game campaigns in celebration of the NEXT DREAM 1st anniversary including login bonuses, daily scenarios, event missions, special Transfers, and much more. Be sure to see the in-game notifications and official website for details.

NEXT DREAM Transfer

Natureza, S. Rams, and Madric of Madrid Blanco (NEXT DREAM) debut as new players. This is a Step-Up Transfer where 1 SSR player is guaranteed on Step 3 and 1 new SSR player is guaranteed on Step 5.

NEXT DREAM 1st Anniversary Transfer

J.J Ochado, Mbappa, and Raymar debut as new players in this Transfer! This is a Step-Up Transfer where 1 SSR player is guaranteed on Step 3 and 1 Pick-UP SSR player is guaranteed on Step 5.

Overview of Captain Tsubasa: Dream Team

Supported OSes: Android™ 4.4+, iOS 10.0+, HarmonyOS 2.0+

Genre: Head-to-head football simulation game

Price: Free-to-play (In-app purchases available)

Supported Regions: Global (Excludes Japan and Mainland China)

Official Website: https://www.tsubasa-dreamteam.com/en

Official Twitter Account: @tsubasaDT_en

Official Facebook Page: https://www.facebook.com/tsubasaDTen

Official YouTube Channel: https://www.youtube.com/channel/UCTgOPO7kIQ35YzB7SBIQoWQ/

Official Discord Channel: https://discord.gg/6tyEs48

Copyright: ©Yoichi Takahashi/SHUEISHA, ©Yoichi Takahashi/SHUEISHA/TV TOKYO/ENOKIFILM, © KLabGames

Download here:

App Store : https://itunes.apple.com/app/id1293738123

Google Play: https://play.google.com/store/apps/details?id=com.klab.captain283.global

AppGallery: https://appgallery.huawei.com/#/app/C105375049

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/captain-tsubasa-dream-team-celebrates-1st-anniversary-of-next-dream-original-story-from-yoichi-takahashi-with-in-game-campaigns-301632779.html

SOURCE KLab Inc.

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Kapital DAO, The Leader in Web3 Gaming Asset Management Tech, Announces Funding Support From Web3 Leaders Including Polygon Ventures, Solana Foundation, and Algorand Foundation

The round also comes with backing from major games and guilds, most notably YGG

The Kapital DAO announced today the close of its latest raise, with participation from Polygon Ventures, the Algorand Foundation, and the HBAR Foundation, with grants from the Solana Foundation and NEAR. Also involved were prominent investors such as Yield Guild Games (YGG), Samsung NEXT, GSR, Wintermute Ventures, Keyrock, and Portofino. Gaming strategic partners include Splinterlands, Shrapnel, and Blocklords. The Kapital DAO will also receive ongoing advisory from YGG and Floating Point Group (FPG) along with the leaders of Illuvium, Laguna Games, and Digital Insight Games (DIG). The DAO is expected to vote to drive the funding toward further development and scaling of its technology, which enables institutional-grade asset management for web3 gaming organizations. The Kapital DAO plans to deploy its technology closely with these strategic partners to increase the amount of institutional capital and players flowing through partnered ecosystems. This raise comes at a critical juncture as web3 gaming and large DAOs begin to focus on their key issues with scaling operations and security.

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