Remagine Ventures Monthly Pulse
Remagine Ventures
Early stage fund investing in the future of Entertainment and Commerce tech in Israel and Europe
We'll start by wishing our community a Shana tova and chatima tova! May the Jewish New Year be filled with positive impact and self fulfilment (even if you're not celebrating).
We've been very busy over the past month. We unveiled our latest investment, Playo.ai ?? GDC SF , which is building foundational models to power 'text to game' experiences. We have represented Remagine Ventures in key events that reflects our core areas of interest: AI, Gaming/ entertainment and consumer tech, and we've published the latest Israeli Generative AI startup landscape, and found that the number of Israeli startups has more than doubled in the past six months and that Israeli GenAI startups raised a total of $2.3 billion to date. So much happening and so much potential to grow.
Without further ado, let's dive in on updates from our portfolio, our musings and interesting reads and resources for you.
The Remagine Ventures team
Kevin, Eze, Amit, Etan and Micky
Updates from the Remagine Ventures Portfolio
Our companies are shaping the future of gaming, entertainment and consumer tech. You're welcome to visit the Remagine Ventures?portfolio page?for the list of our disclosed investments.
?? New Investment
We're happy to share that we've invested in Playo.ai ?? GDC SF , a company building generative AI for game mechanics, developing the "OpenAI for gaming", powering 'prompt to game' experiences, . The team is led by serial entrepreneurs Ilan Graicer ?? GDC SF and Yaron Leifenberg . You can see Ilan's chat from the Calcalist gaming summit last week.
?? Portfolio News
Oren Aharon , co-founder and CEO of Hour One,?the text-to-video startup powered by virtual human characters, presented at the Calcalist ??????? Gaming Summit and said that "within 24 months it will be challenging to tell between a real video and one created by AI". And Lior Hakim , co-founders and CTO at Hour One, was recently interviewed by Unite.AI During the conversation, he delved into Hour One's technical journey and explored the prominent subject of GPUs. Watch the video ??
Ben Pedazur , co-founder and CTO of echo3D, the 3D asset management platform and winner of the AWE best developer tool for 2023, presented at the Calcalist ??????? gaming summit on Echo's ability to compress 3D models by 90% and power gaming studios CDN and cloud content management. Echo3D announced a partnership with Alpha3D . Check out their new post on how to use echo3D to port your game from Unity to Unreal by storing your 3D assets in the cloud.
Toya the gaming studio led by Anat Shperling , creating experiences for girls on Roblox , has once again taken the lead for the second year in a row, securing the top position for the #1 branded experience on Roblox with Miraculous Ladybug.
Minute Media’s The Players’ Tribune has been named a finalist in the Digiday Awards' “Most Innovative Brand” category. Ginelle P. , the Global Brand Partnerships Director at Minute Media, recently appeared on the 'Her Business of Sport' podcast, where she discussed her career in the sports industry, her cross-continental move, and her insights on empowering women.
What we've been writing
The posts we published this month on VC Cafe:
领英推荐
Where we've been speaking
Senior Analyst Amit Revivo spoke to Israeli consumer tech founders at the Israeli B2C Grid event at Google Campus
Kevin Baxpehler spoke at the 英伟达 and AIL Community event in Tel Aviv, as well as the Herzog and Taylor Wessing Gaming Symposium, providing the investor outlook on generative AI.
Eze Vidra spoke at the Calcalist ??????? Future of Gaming summit, and was featured in the VentureFuel Visionaries podcast. Eze also commented on the impact of the Unity price hikes on the gaming industry. Check out: Israel and Turkey are currently leading the Middle East gaming scene
Subscribe to our weekly #FIRGUN newsletter
For the past three years we've been publishing #Firgun, a weekly newsletter shining a spotlight on the movers and shakers in Israeli tech and venture as well as the most important generative AI news.?Join over 4,150 subscribers?and learn more on the concept of "Firgun" and why it matters on?VC Cafe.
What we've been reading
Chart(s) of the month
The new Israeli generative AI landscape (September 2023). We mapped 144 companies, more than double the previous version that was published in April 2023. You can also fund the updated version on our website. See a company missing? Please scan the QR code below to recommend one.
The new media landscape universe - by Evan Shapīro
Distribution of generative AI funding in Q2 2023, by CB Insights
OpenAI announced that Dall-e 3 will become available soon and we can't wait to try it. Until then, check out Ideogram AI and take it for a spin, or create a cool AI profile image with the Israeli startup Astria
Looking for a new professional challenge? Our portfolio companies are hiring!
That's all for this month's edition. Think someone can enjoy this newsletter? Please share it with them.
We love to meet founders early in their journey. If you're a founder building a startup in these spaces - we'd love to connect. Please get in touch with one of us (Kevin Baxpehler, Eze Vidra, Amit Revivo, Michael Lewkowicz and Etan Ilfeld)?or reach out to us through our website's contact form. No warm intro needed!
Marketing Content and Communications at D-Fend Solutions
1 年A great read! Thanks for sharing.