FRVR funding news – Lisbon-based FRVR Secures €11.6 Million in Funding

With a focus on developing its AI engine for more customised gaming experiences and growing a global creator economy that supports creators, the company plans to improve its platform with the additional funding. It is dedicated to giving creators the resources they need to produce and market their content, spurring innovation and improving the gaming experience.

Read also - Gaussion funding news – London-based Gaussion Raises $12 Million in Series A Round Funding

Founded in 2017 by seasoned gaming professionals Chris Benjaminsen and Brian Meidell, FRVR is a top platform for game creation and distribution that focusses on making it easier to create and release entertaining games across all devices and channels.

Brian Meidell, Co-Founder of FRVR said, “We’re thrilled to have secured this funding,” “We’ve spent the last few years solving mass distribution of games across a myriad of channels – We are now working on making our platform the best possible place to create and distribute games and interact with your players. Our new AI first game development engine, Forge, helps developers create faster than ever and non-developers to create and distribute games across multiple channels, including mobile, PC, and web. Our platform is designed to simplify the game creation and distribution process, making games development accessible to everyone. “

With this money, FRVR will be able to forward the development of their AI-powered game creation platform, which could upend the current system and give both developers and non-developers access to a new degree of production and distribution speed.

João Henriques, Partner at Iberis Capital said, “We’re delighted to be part of this funding round and to be investing in FRVR’s innovative AI-powered game creation platform, We believe that FRVR.ai’s technology has the potential to democratize game development and make it more accessible to a wider range of creators. We’re excited to support the team as they continue to push the boundaries of what’s possible in the game creation industry.”

Luke Alvarez, Managing General Partner at Hiro Capital, added: “FRVR has built a unique synthesis of Gen AI game creation and instant game distribution – we are excited to continue to support this amazing team on the next stage of their journey.“

About FRVR

A platform firm called FRVR is creating the instantaneous ecosystem that links billions of players to engaging games. They collaborate with creative partners to deliver content, knowledge, and technology that pushes game distribution beyond the app stores and helps bring a games channel into their environment in a way that fits. They work with incredible game developers and studios to create amazing games, which we then distribute across open and closed channels.