Playground

Somnia Launches Betanet, Ushering in a New Era of Interoperability in the Metaverse

Retrieved on: 
Monday, April 15, 2024

This significant milestone marks the beginning of a new era in the metaverse, where experiences and assets can seamlessly move across different virtual environments.

Key Points: 
  • This significant milestone marks the beginning of a new era in the metaverse, where experiences and assets can seamlessly move across different virtual environments.
  • Thanks to the technology from MSquared and Improbable , Somnia is able to launch a high-quality Betanet on their protocol, while simultaneously developing the highly scalable and affordable Somnia Blockchain.
  • Somnia's omni-chain protocols, known as SOM0, are designed to connect the metaverse into a cohesive ecosystem, enabling unprecedented compatibility and interoperability.
  • "The metaverse is on the cusp of a major transformation, and Somnia is leading the charge with the launch of our Betanet," Somnia CEO Paul Thomas said.

Range Media Partners Secures Growth Capital from Strategic Investment Group

Retrieved on: 
Wednesday, April 24, 2024

SANTA MONICA, Calif., April 24, 2024 /PRNewswire/ -- Range Media Partners, the disruptive global talent representation & production powerhouse that has quickly established a dominant foothold in entertainment & media, announced today that is has secured a minority investment in the company from a strategic investment group including Liberty Global, New York-based family office Wildcat Capital Management and family entertainment company Playground Productions to spur growth initiatives and strategic acquisitions. As the first-of-its-kind diversified management firm operating in entertainment, sports, music, digital, and more, the growth capital will enable Range to fortify its marketplace position in the U.S. while scaling in existing and new international territories, bolster its unique value proposition with additive capabilities across representation & production, supercharge organic growth along with new ventures & acquisitions, and fuel more ways to expand its business in lucrative, highly innovative sectors through key investments.

Key Points: 
  • The investment from Liberty Global, Wildcat Capital Management and Playground Productions further accelerates Range's exponential trajectory
    SANTA MONICA, Calif., April 24, 2024 /PRNewswire/ -- Range Media Partners, the disruptive global talent representation & production powerhouse that has quickly established a dominant foothold in entertainment & media, announced today that is has secured a minority investment in the company from a strategic investment group including Liberty Global, New York-based family office Wildcat Capital Management and family entertainment company Playground Productions to spur growth initiatives and strategic acquisitions.
  • Through this new strategic partnership and growth capital investment, Range will be able to further unearth new transformational opportunities for its clients and create new assets across the entire entertainment landscape.
  • Jack Whigham, Managing Partner of Range Media Partners, said, "Liberty Global, one of the most widely respected industry leaders worldwide, along with Wildcat Capital Management and Playground Productions are ideal strategic partners for Range's next stage of growth.
  • In connection with the growth capital investment, Rick Hess was appointed to serve on Range's governing body as Liberty Global & Wildcat Capital Management's representative.

Range Media Partners Secures Growth Capital from Strategic Investment Group

Retrieved on: 
Wednesday, April 24, 2024

SANTA MONICA, Calif., April 24, 2024 /PRNewswire/ -- Range Media Partners, the disruptive global talent representation & production powerhouse that has quickly established a dominant foothold in entertainment & media, announced today that is has secured a minority investment in the company from a strategic investment group including Liberty Global, New York-based family office Wildcat Capital Management and family entertainment company Playground Productions to spur growth initiatives and strategic acquisitions. As the first-of-its-kind diversified management firm operating in entertainment, sports, music, digital, and more, the growth capital will enable Range to fortify its marketplace position in the U.S. while scaling in existing and new international territories, bolster its unique value proposition with additive capabilities across representation & production, supercharge organic growth along with new ventures & acquisitions, and fuel more ways to expand its business in lucrative, highly innovative sectors through key investments.

Key Points: 
  • The investment from Liberty Global, Wildcat Capital Management and Playground Productions further accelerates Range's exponential trajectory
    SANTA MONICA, Calif., April 24, 2024 /PRNewswire/ -- Range Media Partners, the disruptive global talent representation & production powerhouse that has quickly established a dominant foothold in entertainment & media, announced today that is has secured a minority investment in the company from a strategic investment group including Liberty Global, New York-based family office Wildcat Capital Management and family entertainment company Playground Productions to spur growth initiatives and strategic acquisitions.
  • Through this new strategic partnership and growth capital investment, Range will be able to further unearth new transformational opportunities for its clients and create new assets across the entire entertainment landscape.
  • Jack Whigham, Managing Partner of Range Media Partners, said, "Liberty Global, one of the most widely respected industry leaders worldwide, along with Wildcat Capital Management and Playground Productions are ideal strategic partners for Range's next stage of growth.
  • In connection with the growth capital investment, Rick Hess was appointed to serve on Range's governing body as Liberty Global & Wildcat Capital Management's representative.

Playground Global Promotes Benjamin Kim PhD to Partner

Retrieved on: 
Wednesday, February 28, 2024

Playground Global , an early-stage, deep-tech venture firm that invests in founders building category-defining businesses at the forefront of science and technology, today announced that Benjamin Kim PhD, has been promoted to Partner.

Key Points: 
  • Playground Global , an early-stage, deep-tech venture firm that invests in founders building category-defining businesses at the forefront of science and technology, today announced that Benjamin Kim PhD, has been promoted to Partner.
  • View the full release here: https://www.businesswire.com/news/home/20240228985705/en/
    Ben joined Playground as a Venture Fellow in 2019 while completing his PhD in bioengineering at Stanford University.
  • “It’s an honor to contribute to the Playground life sciences ecosystem and support our portfolio companies in evolving deeply technical breakthroughs into transformational businesses,” said Ben Kim, PhD, Partner at Playground.
  • “Ben brings an infectious passion for and incredible knowledge of bioengineering and biophysics to the Playground team,” said Jory Bell , General Partner at Playground.

Nex and Sesame Workshop Announce Collaboration for Active Learning Games

Retrieved on: 
Monday, February 5, 2024

Nex, a leading active entertainment company, and Sesame Workshop , the global impact nonprofit behind Sesame Street, today announced the launch of a new generation of active educational games to be released on the new Nex Playground active entertainment console.

Key Points: 
  • Nex, a leading active entertainment company, and Sesame Workshop , the global impact nonprofit behind Sesame Street, today announced the launch of a new generation of active educational games to be released on the new Nex Playground active entertainment console.
  • “We are excited to work with Sesame Workshop to create these groundbreaking games,” said Nex CEO and Co-founder David Lee.
  • “Nex’s technology is enabling a new generation of active play and learning, and in collaboration with Sesame Workshop, will create a delightful and meaningful experience for kids and families.”
    “We are thrilled to team up with Nex to produce these innovative new games that will have kids up on their feet playing with their favorite Sesame Street friends,” said Sesame Workshop SVP Global Licensing Gabriela Arenas.
  • “We know that kids learn best when they are engaged and having fun, and these games will do just that.”

GumGum Expands Presence in Northern Europe with Appointment of New Managing Director

Retrieved on: 
Wednesday, January 24, 2024

LONDON, Jan. 24, 2024 /PRNewswire-PRWeb/ -- GumGum, a contextual-first, global digital advertising platform, today announced the appointment of Frank Sueltmann as Managing Director of Northern Europe. Frank has joined GumGum's EMEA leadership team and is the most senior hire the company has made in the region.

Key Points: 
  • GumGum, a contextual-first, global digital advertising platform, today announced the appointment of Frank Sueltmann as Managing Director of Northern Europe.
  • LONDON, Jan. 24, 2024 /PRNewswire-PRWeb/ -- GumGum, a contextual-first, global digital advertising platform, today announced the appointment of Frank Sueltmann as Managing Director of Northern Europe.
  • "The Mindset Platform and GumGum's vision for the future of digital advertising is ushering the industry into a new era that's based on mindset, not personal data," said Frank Sueltmann, GumGum's new Managing Director of Northern Europe.
  • As Google officially begins to phase out third-party cookies this month, Frank will focus on expanding GumGum's mindset-first and cookieless technology throughout northern Europe.

Playground Global Raises $410 Million to Accelerate the Time-to-Impact for Deep Tech and Science Companies

Retrieved on: 
Thursday, December 14, 2023

Playground Global is an early-stage, deep-tech venture firm investing in transformative technologies and founders building category-defining businesses.

Key Points: 
  • Playground Global is an early-stage, deep-tech venture firm investing in transformative technologies and founders building category-defining businesses.
  • Playground has already made several investments from Fund III, including d-Matrix, Ideon Technologies, Amber Bio, Infinimmune, and Atomic AI, along with other portfolio companies operating in stealth.
  • View the full release here: https://www.businesswire.com/news/home/20231214676152/en/
    Bruce Leak, Peter Barrett and Jory Bell of Playground Global (Photo: Business Wire)
    Since its inception, Playground has funded companies developing the foundational layers of emerging technologies.
  • “Deep technology is no longer a synonym for slow technology,” said Bruce Leak, co-founder and General Partner at Playground Global.

Neue and Kigen Pioneer a No-Code Path to the Era of Innovative Connected Products

Retrieved on: 
Monday, December 18, 2023

The combination of the solutions that address two principal challenges faced by product designers looking to industrialize always-on, connected products, the no-code, quick path offers significant speed-to-market.

Key Points: 
  • The combination of the solutions that address two principal challenges faced by product designers looking to industrialize always-on, connected products, the no-code, quick path offers significant speed-to-market.
  • Neue, celebrated for its innovative IoT platform, has teamed up with Kigen, a leading expert in securing connected solutions.
  • "We are thrilled to collaborate with Kigen to pioneer a no-code path to the era of innovative connected products "remarked Fredrik Wanhainen, CEO of Neue.
  • Businesses interested in engaging with Neue and Kigen are invited to meet our representatives at CES 2024, set for January 9-12, 2024.

Neue and Kigen Pioneer a No-Code Path to the Era of Innovative Connected Products

Retrieved on: 
Monday, December 18, 2023

The combination of the solutions that address two principal challenges faced by product designers looking to industrialize always-on, connected products, the no-code, quick path offers significant speed-to-market.

Key Points: 
  • The combination of the solutions that address two principal challenges faced by product designers looking to industrialize always-on, connected products, the no-code, quick path offers significant speed-to-market.
  • Neue, celebrated for its innovative IoT platform, has teamed up with Kigen, a leading expert in securing connected solutions.
  • "We are thrilled to collaborate with Kigen to pioneer a no-code path to the era of innovative connected products "remarked Fredrik Wanhainen, CEO of Neue.
  • Businesses interested in engaging with Neue and Kigen are invited to meet our representatives at CES 2024, set for January 9-12, 2024.

Hyundai Electrifies in Thailand with Grand Opening of New IONIQ Lab

Retrieved on: 
Thursday, December 14, 2023

With an emphasis on innovation and sustainability, IONIQ Lab will showcase Hyundai's global leadership and expertise in vehicle electrification while fostering creativity and collaboration through its local branch, Hyundai Mobility Thailand.

Key Points: 
  • With an emphasis on innovation and sustainability, IONIQ Lab will showcase Hyundai's global leadership and expertise in vehicle electrification while fostering creativity and collaboration through its local branch, Hyundai Mobility Thailand.
  • Mr. Jae Gyou Chung, Chief Executive Officer of Hyundai Mobility Thailand Company, said, "IONIQ Lab starts another exciting chapter in the journey of the IONIQ brand, following the successful launch of IONIQ 5 in Thailand.
  • The investment in the IONIQ Lab in Thailand reflects our belief in the country's strategic importance to Hyundai's ASEAN strategy, delivering exceptional services and products to forge a sustainable future.
  • More information about Hyundai Mobility Thailand can be found at: https://www.hyundai.com/th/th