Funding

RIVRS funding news – French-based RIVRS Secures €4 Million in Funding

Oct 4, 2024 | By Team SR

RIVRS funding news - French-based RIVRS Secures €4 Million in Funding

Rennes-based RIVRS, specializing in the creation of UGC video games, secures €4 million in funding. Led by Pléiade Venture, this financing will fuel the creation of games on Roblox, Fortnite, Minecraft, and other platforms, while paving the way for its international expansion.

SUMMARY

  • Rennes-based RIVRS, specializing in the creation of UGC video games, secures €4 million in funding.
  • Rivrs specializes in developing UGC video games by leveraging popular game engines like Minecraft, Roblox, and Fortnite.

Romain Hubert, co-founder and CEO of RIVRS, commented: “Our proven business model and our ability to create quality games at a rapid pace put us in pole position to capture a significant share of the global UGC video game market. This round of financing marks a key milestone in our history, and enables us to realize our ambition of becoming the world leader in UGC video games in the coming years.”

It is seizing a significant opportunity in the UGC game market, anticipated to surpass $2.7 billion in 2024 across key platforms. UGC is reshaping the gaming landscape by enabling diverse, cost-effective content creation, fostering community loyalty.

Traditionally, UGC creators, primarily from the platform-game community, face challenges due to limited structure, experience, and economic viability. This is where RIVRS excels, revolutionizing the game.

Read also - Harmonic Security funding news – London-based Harmonic Security Raises $17.5Million in Series A Round Funding

Distinguished by its unique ability to create across multiple UGC platforms, it stands out for its end-to-end professionalization, spanning game design to distribution, with an impressive average production timeline of just two months.

Backed by the expertise of co-founders Romain Hubert, a gaming specialist, and Loïc Deffains, a seasoned entrepreneur, it boasts a proficient team drawn from the video game and tech sectors, driving its growth and success.

Constance Rietzler, Associate Director at Pléiade Venture said, “RIVRS perfectly matches Pléiade Venture’s 3 investment criteria: innovation, growth and operational excellence. RIVRS generates strong self-financed growth, a rapid ROI on each game and solid processes. We are convinced that Loïc and Romain will be able to build a world leader in the fast-growing UGC game market,”.

About Rivrs

Rivrs specializes in developing UGC video games by leveraging popular game engines like Minecraft, Roblox, and Fortnite. The company offers support to studios aiming to incorporate user-generated content into their business strategies.

Recommended Stories for You