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Lisbon-Based Platform Poised to Transform Gaming with Advanced AI Tools
Lisbon, Portugal—FRVR, a trailblazer in the gaming platform industry, has announced a major boost in its mission to reshape the game creation landscape. The company has successfully closed a significant €11.6 million funding round, spearheaded by Iberis Capital and supported by Indico Capital Partners, Lince Capital, and returning investor Hiro Capital.
With this new influx of capital, FRVR is set to enhance its platform and drive innovation in the gaming world. The primary focus of this investment will be to advance FRVR’s cutting-edge AI engine, designed to offer more personalized gaming experiences. Additionally, the funding will support the expansion of a creator economy that empowers game developers globally, providing them with the tools to both create and monetize their content more effectively.
“We’re thrilled to have secured this funding,” said Brian Meidell, Co-Founder of FRVR. “Over the past few years, we’ve tackled the challenge of mass distributing games across diverse channels. Now, we’re focused on refining our platform to offer the best possible experience for game creation and distribution. Our new AI-driven development engine, Forge, is set to accelerate the game creation process and make it easier for both developers and non-developers to bring their ideas to life.”
The funding is expected to drive the growth of FRVR’s AI-powered game creation platform, a tool with the potential to redefine speed and efficiency in the industry. João Henriques, Partner at Iberis Capital, expressed enthusiasm about the investment: “We’re excited to be part of this funding round and to support FRVR’s groundbreaking technology. FRVR.ai’s platform has the potential to democratize game development, making it accessible to a broader range of creators. We look forward to seeing the team push the boundaries of what’s possible in game creation.”
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