FRVR has closed a $12.7 million funding round, led by Iberis Capital, in partnership with Indico Capital Partners and Lince Capital.
The company said “the significant investment is a testament to the confidence that FRVR's existing and new investors have in the company's vision and execution.”
The funding will allow the company to “further develop its AI-powered game creation platform” which the firm says “has the potential to disrupt the status quo and provide a new level of creation and distribution speed for developers and non-developers alike.”
“We are thrilled to have secured this funding,” said Brian Meidell, co-founder of FRVR. “We have spent the last few years solving the problems of mass distribution of games across a variety of channels.
“We're now working to make our platform the best place possible to create and distribute games and engage with players. Our new AI-powered game development engine, Forge, helps developers create faster than ever before and non-developers create and distribute games across multiple channels, including mobile, PC, and the web.
“Our platform is designed to simplify the process of creating and distributing games, making game development accessible to everyone.”