Series AI raises $7.9m for AI games engine
Series AI has raised $7.9 million in a seed round led by venture capital firm A16z Games.
The round also included investments from Bitkraft, F4 Fund, and the Siqi Chen Access Fund.
The newly formed studio was co-founded by former Kongregate CEO Pany Haritatos and composed of industry veterans, including:
Money raised from investors will support the new studio in constructing the Rho Engine, a game-authoring platform that combines generative AI with an "easy-to-use" game editor and toolset.
"A mature toolset will allow our team to explore brand new game systems, themes, and mechanics in almost the same amount of time it would take to describe them," said CEO Haritatos.
"In the hands of our expert game makers, we believe this technology will enable new category-leading products without the compromises inherent in traditional game development."
Sign up for the GI Daily here to get the biggest news straight to your inbox
Read more on gamesindustry.biz
