The Briefing: Bitkraft Raises Blockchain Game Fund, Truecaller Rises In Debut, And More

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Bitkraft reportedly raises $75M token fund for blockchain games

Bitkraft Ventures, an investor in gaming and esports startups,  reportedly launched a $75 million token fund for blockchain gaming and digital entertainment deals.

Founded in 2016, the firm focuses on Seed, Series A, and Series B investments in gaming content and IP, interactive platforms, with a particular interest in synthetic reality. The firm was founded by gaming serial entrepreneur Jens Hilgers.

Public offerings

Truecaller rises in market debut: Stockholm-based Truecaller, provider of a caller ID and spam-blocking app, saw shares rise in first-day trading on Nasdaq Stockholm. The offering reportedly set an initial public valuation of around $2.5 billion for the twelve-year-old company.

Funding rounds

LandTech picks up $57M: UK-based LandTech, a provider of tools for property developers to find and plan projects, reportedly raised £42 million (US$57M) in a funding round led by Updata Partners.

— Joanna Glasner

Illustration: Dom Guzman

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