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Roblox will give a handful of game developers $500,000 each to build its future

Roblox is announcing a wave of new funding for developers building the cutting edge of games on the platform. The company introduced the Game Fund, a Roblox-flavored version of a creator fund, last su

Roblox inches toward a deeper, more mature vision for the metaverse

Roblox outlined a vision for the future of its busy social gaming platform on Friday, incrementally ushering its community into a new era that might not always resemble what’s come before. At RDC, i

Ready Player Me, a platform to build dynamic cross-game avatars for virtual worlds, raises $56M led by a16z

Last week, Mark Zuckerberg was roundly mocked for the bad graphics in his preview of a new expansion of Horizon Worlds, Meta’s metaverse effort. His quick response promising better avatars for t

The PlayStation version of Roblox is materializing

A new job posting from Roblox hints that the company’s loose plans to expand to Sony’s gaming console are getting much closer to becoming a reality. The listing seeks a PlayStation console

Roblox pushes toward avatar realism, plans to add NFT-like limited-edition items

At its annual developer conference Thursday, Roblox painted a picture of what’s next for the fast-growing online multiplayer portal that’s like catnip for kids and teens. In his keynote, Roblox co

If you didn’t make $1B this week, you are not doing VC right

The only thing more rare than a unicorn is an exited unicorn. At TechCrunch, we cover a lot of startup financings, but we rarely get the opportunity to cover exits. This week was an exception though,

Roblox files to go public

Roblox, the child-friendly gaming company, filed to go public today. Its listing comes one day after the lending company Affirm initiated its own public offering and a mere two days after Airbnb’s

Roblox jumps to over 150M monthly users, will pay out $250M to developers in 2020

Gaming platform Roblox, which has seen a surge of use due to the coronavirus pandemic, now has more than 150 million monthly active users, up from the 115 million it announced in February before the U

Roblox announces new game-creation tools and marketplace, $100M in 2019 developer revenue

A week after gaming platform Roblox announced its new milestone of 100 million monthly users — topping Minecraft — the company said at its fifth annual developer conference that its develo

3 lessons from Roblox’s growth to gaming dominance

Our recently published EC-1 on Roblox recounts the origin story and growth prospects of the company. But there’s one more piece to the story: what Roblox’s impact will be on gaming and the broader

Kids’ gaming platform Roblox raises $150M

Roblox, which allows kids to create 3D worlds and games, has raised an additional $150 million in funding. The company didn’t disclose its valuation in the announcement, but a source with knowle