Thursday, August 18, 2022

Swedish gaming group Embracer Group reports Q1 sales rose 107% YoY to ~$681M and announces six acquisitions, including IP for The Lord of the Rings and Hobbit (Anna Gross/Financial Times)

Anna Gross / Financial Times:
Swedish gaming group Embracer Group reports Q1 sales rose 107% YoY to ~$681M and announces six acquisitions, including IP for The Lord of the Rings and Hobbit  —  Swedish company announces six acquisitions and posts a rise in first-quarter sales and profits



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Robotics and AI startup Lyte, founded by ex-Face ID engineers, raised $165M led by Maverick Silicon at a $1.6B valuation, taking its total funding to $272M (Samantha Kelly/Bloomberg)

Samantha Kelly / Bloomberg : Robotics and AI startup Lyte, founded by ex-Face ID engineers, raised $165M led by Maverick Silicon at a $1....