We hope everyone enjoyed the long weekend in the UK and had a good rest.
In this edition we cover:
- Ribbon joining the RLC Portfolio
- Portfolio Updates
- The History & Evolution of Video Games
📣 Announcing our latest Investment in Ribbon, who are changing the way companies conduct user interviews, allowing them to recruit participants directly from their website in minutes.
🌱 - $300k Pre-seed round
🥇 - RLC Ventures led the round, with MMC Ventures participating.
🦄 - Ex-Gousto Product Manager
📝 - Conduct User interviews seamlessly from your website.
Read more about the investment in TechCrunch here.
Subscribe to our newsletter here.
This month RLC Ventures portfolio company Condense Reality continued to receive recognition for their hard work; this time by joining T-Mobile's Accelerator for Immersive AR/VR Startups.
They were one of the 8 startups selected to participate in the accelerator and help deliver solutions harnessing 5G technologies.
An exciting 2021 in store for Nick Fellingham, Andy Littledale and the team. Read more here.
Read why we backed Condense Reality here.
🖊️ What we wrote
This month we took a look at the history of Video Games and how the industry has evolved more broadly. From pixelated aliens to talk of the Multiverse, gaming has evolved significantly since the days of Atari and Arcade machines which characterized the nascent games industry.
In 2020, the global video games industry was valued at an eye-watering $159.3 billion, primarily driven by the innovations we have seen in the way we play over the last 2 decades; from console-first gaming to the widespread adoption of mobile games.
At RLC Ventures, we believe the best is yet to come. We anticipate the next decade will give rise to richer experiences across next-generation platforms, consoles and business models. Read the full piece here.
Ariel Rahamim, Senior Analyst at RLC recently spoke at a panel about the "Right time to raise VC" alongside a number of investors at the MeetFounders event.
Some of our portfolio companies are hiring:
See the open roles below at each companies careers page:
RLC Ventures is an Appointed Representative of FCA-authorised ‘Principal firm’ SFC Capital Partners Ltd (FRN:736284). EIS/SEIS investments should be treated as higher risk/speculative and place capital at risk. Past performance is not indicative of future performance and tax reliefs depend on individual circumstances and are subject to change. The products and/or services mentioned are only available to professional investors. The content of this Newsletter is correct at the time of publication. Any sharing or forwarding, by recipients of this communication, is the responsibility of the recipient as a communicator.