funding Archives

AppWizard

May 8, 2025

Mojang’s big Minecraft VR mistake

Mojang has officially discontinued VR support for the Bedrock version of Minecraft on PCs, ending a VR initiative that began in April 2016. The Gear VR version was initially available on devices like the Oculus Go and original Oculus Quest, but support for older games on the Oculus Quest 2 rendered these experiences obsolete. Modders, particularly through the Vivecraft mod, have filled the gap left by Mojang, with QuestCraft being a notable port for Meta Quest headsets. Despite Mojang's claims of lacking resources for VR, the company has over 55 million daily active players and a workforce of more than 600 employees, indicating financial stability. The demographics of the Meta Quest user base suggest a strong potential interest in Minecraft if officially supported. Recent collaborations between Meta and Microsoft hint at potential opportunities for an official Minecraft VR port, yet progress remains stagnant. The QuestCraft Discord server has 80,000 members, indicating significant interest in a VR version of Minecraft, which could attract hundreds of thousands of active users.

Tech Optimizer

May 6, 2025

Databricks reportedly could acquire serverless database startup Neon for $1B+

Databricks Inc. is in advanced discussions to acquire Neon Inc., a startup specializing in a commercial version of the open-source PostgreSQL database, with the deal anticipated to exceed billion. Neon, based in San Francisco, has raised over 0 million in funding, including contributions from Microsoft's M12 fund. Neon’s PostgreSQL distribution features a serverless architecture that dynamically adjusts hardware resources based on workload demands, allowing for separate provisioning of storage and processing power. It also includes an innovative connection pooling feature to minimize resource drain when establishing network connections. Neon enhances its offering with a cybersecurity tool for granular user access control and the ability to revert databases to previous states in case of data loss. Databricks' interest in Neon may be linked to its suitability for AI applications, as it supports vector storage and can provision new database instances in as little as one second. Databricks has been actively pursuing acquisitions to enhance its AI capabilities, including recent purchases of Fennel AI Inc., Lilac AI Inc., and MosaicML Inc.

AppWizard

April 26, 2025

Key To Success? Minecraft Study Reveals Adaptability Beats All

A study published in Nature Communications explored human decision-making using the game Minecraft, involving 128 participants who navigated a virtual world to find hidden rewards. The research found that individuals adapt their strategies based on personal success rates; they rely on their instincts when thriving but observe and emulate successful peers when struggling. In clustered reward environments, successful players attracted followers, while in random settings, individuals distanced themselves to minimize competition. The study highlighted the importance of adaptability in decision-making and noted that participants sometimes copied others even when it was unbeneficial. The research was funded by the German Federal Ministry of Education and Research and the Deutsche Forschungsgemeinschaft, with no reported competing interests. The paper was published on April 25, 2025.

AppWizard

April 24, 2025

IO and Square Enix vet Flösser unveils new studio Wombo Games

Janos Flösser has founded a new game studio called Wombo Games in 2023, which is developing a strategy roguelike game titled Raiders of Blackveil, set to enter Early Access this summer. Flösser has a background in the gaming industry, having previously worked at IO Interactive and Square Enix. Wombo Games aims to remain small and agile, and has successfully raised funds three times since its inception. A playable version of the game was created within the first month and a half, garnering positive feedback from investors.

AppWizard

April 24, 2025

Manychat taps $140M to boost its business messaging platform with AI

Manychat has secured million in a Series B funding round led by Summit Partners to expand its operations. The company has approximately 1.5 million customers in 170 countries, including brands like Nike and the New York Times. Manychat facilitates the transmission of billions of messages annually across platforms such as TikTok, Instagram, WhatsApp, and Messenger. Since its inception in 2015, Manychat had raised around million prior to this round, mainly from a million Series A round in 2019. The company operates at a near break-even point and has experienced significant growth, particularly after Facebook opened its Messenger APIs. Manychat's focus on user engagement distinguishes it from many generative AI chatbots. The new funds will be used for research and development to enhance AI capabilities and improve global sales, marketing, and customer support.

AppWizard

April 24, 2025

Technology behind private messaging app Telegram names Maximilian…

The TON Foundation will announce Maximilian Crown as its new CEO on Thursday. This appointment aims to stabilize Telegram, which has a user base of one billion, following the arrest of its founder Pavel Durov in Paris last year. Crown's leadership is seen as a significant step for Telegram, demonstrating its commitment to expanding its multi-functional app amid governmental pressures to access user data. Crown has experience as CFO and COO of MoonPay and has successfully secured operational approvals across various countries. Telegram has transformed into a “Super App,” integrating features such as gaming, shopping, and payment functionalities. The Telegram Open Network (TON) has 41 million active accounts and 121 million Toncoin holders. Toncoin's value is tied to Telegram's fortunes, experiencing fluctuations following Durov's arrest. Concerns have been raised regarding the impact of French authorities' actions on Telegram’s blockchain initiatives, especially related to digital privacy and government oversight. Durov was detained for 96 hours and criticized the scrutiny faced by Telegram, warning against legislative efforts that threaten individual freedoms.

AppWizard

April 18, 2025

Perplexity’s Android App Is Infested With Security Flaws, Report Finds

Perplexity has launched a promotional campaign called “Ask like a millionaire,” offering a million-dollar prize to users who download its app, refer friends, and engage with it during the Super Bowl. However, the Android app is facing scrutiny due to significant security vulnerabilities, including issues that could lead to data theft and account takeovers. A report from Appknox reveals that the app's API can be accessed without restriction, and the code contains hardcoded secrets, making it easy for attackers to create counterfeit versions of the app. The app is also vulnerable to task hijacking, which could allow unauthorized access to sensitive data. Perplexity, founded in 2022, has raised 0 million in venture capital and has over 10 million downloads. The company is exploring partnerships with smartphone manufacturers and has faced criticism for alleged copyright infringement. Security experts advise users to consider removing the app until the issues are resolved.

AppWizard

April 16, 2025

Velev dev pulls game from Steam days after launch

The studio Chaf has removed the MOBA battle royale game Velev from Steam shortly after its launch due to an inability to secure necessary funding for ongoing development. Initially, they planned to transition the game from a premium model to a free-to-play format, but later announced this was no longer feasible. All purchases have been refunded to players. Chaf acknowledged that Velev was in a premature state at launch and expressed heartbreak over stepping away from development despite the team's passion for the project.

AppWizard

April 16, 2025

The Rise of Gamified Lottery Apps on Android

In the United States, 44 states and three territories operate their own lotteries, with many players now using lottery applications on Android devices for convenience. These apps allow users to check results, scan tickets, participate in Second Chance games, and enjoy digital scratch cards, often rewarding them with points or membership in exclusive clubs. The Georgia lottery app is particularly popular, offering various options and promotions, including a bonus code for account funding. Lottery apps introduce interactivity similar to mobile gaming, allowing users to earn points for logging in and unlock new features as they progress. This gamified experience enhances user engagement by transforming the waiting period into an ongoing adventure. Players can now participate from home or on the go, making ticket purchases and result checks easy and accessible. Lottery apps often provide free offerings, such as bonus codes and rewards for consistent play, which attract new users and encourage trial. They also foster community through social features like leaderboards and challenges among friends, enhancing the overall experience and promoting frequent play.

Winsage

April 13, 2025

Microsoft is digging its own grave with Windows 11, and it has to stop

Microsoft is actively encouraging users to upgrade to Windows 11 through advertisements and reminders, which raises sustainability concerns. The upgrade requires a Trusted Platform Module (TPM) 2.0 chip, and while upgrading without it is technically possible, it is not recommended. The end of life for Windows 10 may lead to increased e-waste as many devices could be discarded. Users desire a stable, continuously updated operating system without disruptive upgrades, similar to macOS. A 2021 Kaspersky report indicated that 73% of healthcare providers globally still use outdated operating systems for critical medical equipment, highlighting financial constraints that hinder upgrades. Users are frustrated with the increasing presence of ads and notifications in Windows, feeling that Windows 11 operates more like a service they pay for but do not fully own. The dissatisfaction extends to Windows 10 users, who anticipate the end of life for the OS as a way to regain control over their digital experience.