Mobile game publisher GameMine raises $20 million, Snap Inc. acquires drone company for $1 million, and SpaceX conducts static rocket test, creates brush fire.
Mobile video game publisher GameMine raised a $20 million Series A round led by Palisades Venture Capital, reports Venture Beat. The company is developing subscription-based library of casual mobile games.
Snap Inc., parent company of Snapchat, acquired drone camera and rigging company Ctrl Me Robotics for $1 million late last year, reports BuzzFeed. The deal was something of an acquihire, with Ctrl Me founder Simon Saito Nielsen joining Snap, along with some company assets and equipment.
SpaceX conducted a static test on Sunday of the Falcon 9 rocket it plans to use on an upcoming launch and accidentally created a brush fire, reports Space Flight Now. The brush fire broke out near the launch pad and consumed four acres before being contained later in the day.
For reprint and licensing requests for this article, CLICK HERE.
Stories You May Also Be Interested In
- Silicon Beach Report: Meg Whitman Tapped as Chief Executive of Katzenberg’s WndrCo
- Silicon Beach Report April 4: Snap Gets Into Gaming
- Silicon Beach Report March 29: Santa Monica’s DogVacay Purchased by Rival Rover.com
- Silicon Beach Report June 29: Bird Raises $300 Million
- Silicon Beach Report Sept. 26: Snapchat Changes Its Name, Unveils Sunglasses with Camera
- Silicon Beach Report Feb. 3: 5 Challenges for Snap Inc. in Its First Year as a Publicly Traded Company
- Silicon Beach Report Sept. 23: SpaceX Rocket Explosion Investigation Makes Some Progress
- Silicon Beach Report April 27: Elon Musk’s Boring Co. Machine Revealed