Aug X Labs has raised $3.1 million to democratize video creation through AI technologies.
11.09.2023 - 17:05 / venturebeat.com
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GamePhilos announced today that it has raised $8 million in its seed funding round, which the new studio plans to put towards a new free-to-play mobile/PC strategy game called Age of Dino. Xterio Ltd contributed to the funding, and the game will be built on the Xterio Foundation platform. It will feature web3 integrations such as NFT ownership and an in-game economy.
The studio’s founding staff includes former members of Netease, Zynga, FunPlus, ByteDance. According to GamePhilos, Age of Dino is about warring factions of dinosaurs, with real-time battles and multiplayer, as well as in-game trading systems and alliance-building methods. The studio built the game on the FunPlus engine, a staple for strategy games. Also, Imagendary Studios is providing art support for its upcoming NFTs.
In addition to Xterio, Animoca Ventures, SevenX Ventures and Chain Hill Capital led the round, with participation from Hashkey Capital, Sanctor Capital, Game7, Bas1s, GSR and GSG Ventures. Xterio’s platform will provide technical support and a software development kit for the game.
Jeremy Horn, Xterio’s COO, said in a statement, “We are thrilled to be partnering with such a proven team of expert strategy game developers, most of whom yield from FunPlus, and have led multi-billion-dollar properties. Age of Dino is a flagship title for the Xterio platform that will demonstrate how we successfully launch and operate massive free-to-play PC and mobile games with on-chain assets.”
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Aug X Labs has raised $3.1 million to democratize video creation through AI technologies.
Zakazane is a new Polish game studio full of game veterans, and it has raised a $1 million pre-seed investment.
Afference announced today that it has raised $1.5 million in funding to develop its new neural interface (or “artificial sensation”) platform, called Phantom. Konvoy led the round, and Afference plans to use the money to enhance the Phantom platform, which offers a new kind of haptic device for users to “feel” things in virtual reality environments.
Qualcomm has launched two new chip platforms for Meta’s Meta Quest 3 virtual reality headset and its Ray-Ban Stories smart glasses.
Omada has created a popular social prediction game for sports fans and that enabled it to raise a $7.5 million seed funding round.
We're thrilled to announce the return of GamesBeat Next, hosted in San Francisco this October, where we will explore the theme of «Playing the Edge.» Apply to speak here and learn more about sponsorship opportunities here. At the event, we will also announce 25 top game startups as the 2024 Game Changers. Apply or nominate today!
We're thrilled to announce the return of GamesBeat Next, hosted in San Francisco this October, where we will explore the theme of «Playing the Edge.» Apply to speak here and learn more about sponsorship opportunities here. At the event, we will also announce 25 top game startups as the 2024 Game Changers. Apply or nominate today!
We're thrilled to announce the return of GamesBeat Next, hosted in San Francisco this October, where we will explore the theme of «Playing the Edge.» Apply to speak here and learn more about sponsorship opportunities here. At the event, we will also announce 25 top game startups as the 2024 Game Changers. Apply or nominate today!
We're thrilled to announce the return of GamesBeat Next, hosted in San Francisco this October, where we will explore the theme of «Playing the Edge.» Apply to speak here and learn more about sponsorship opportunities here. At the event, we will also announce 25 top game startups as the 2024 Game Changers. Apply or nominate today!
We're thrilled to announce the return of GamesBeat Next, hosted in San Francisco this October, where we will explore the theme of «Playing the Edge.» Apply to speak here and learn more about sponsorship opportunities here. At the event, we will also announce 25 top game startups as the 2024 Game Changers. Apply or nominate today!
Mobile game developers and publishers, with hundreds of games and millions of installs, are protesting Unity’s new controversial install-based pricing model by turning off ad monetization services for their games. In an open letter published on Azur Games’ and other company’s blogs, the companies are turning off all ironSource and Unity Ads features, two services Unity offers to developers to monetize their games. They’ll turn these services back on when Unity reviews and reverses its new policy, which has developers across the entire industry upset.
If you love free PC games, and you think you’ve got a cool head under pressure, then 911 Operator is here to test your mettle. The stressful strategy game places you in the shoes of an emergency service operator, tasking you with responding to calls for firefighters, police, and ambulances and dispatching your crews appropriately and efficiently. 911 Operator aims to capture one of the world’s most high-stakes jobs, and it can be yours for free if you’re quick.