Total investment in San Francisco firm stands at $105m

Toy car start-up Anki raises $55m

US start-up Anki has raised $55m in funding for its toy racing cars powered by iPhones.

As reported by Re/Code, the investment round was led by J.P. Morgan as well as previous investors such as Index Ventures and Two Sigma. Total funding raised to date stands at $105m.

Anki’s Drive product consists of physical toy cars and tracks that users can control with their iPhones. Players can then also upgrade their car virtually with weapons which will affect their rivals’ vehicles. As well as player-controlled cars, other vehicles can also be controlled by AI.

Anki aims to use the funding to fuel the growth of Drive as well as expand into new products.

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pubg 1 [Industry news] PUBG MOBILE launches the PDP European Fashion Design Contest, inviting players to have an opportunity to design the game's next outfit

[Industry news] PUBG MOBILE launches the PDP European Fashion Design Contest, inviting players to have an opportunity to design the game’s next outfit

PUBG MOBILE has announced the launch of the PDP European Fashion Design Contest, a creative competition organised as part of its PDP co-creation programme. Participants are invited to design an original outfit inspired by European urban fashion, with the opportunity to see their creation brought to life in the game. This PDP contest is being held to celebrate the global launch of PUBG MOBILE FLASH, the official lightweight version of PUBG MOBILE, today - November 13. All the info can be found on the official website.