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 new and existing FRVR 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 deliver 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've spent the last few years solving mass game distribution across a myriad of channels.
“Now we're working to make our platform the best possible place to create and distribute games and interact with your players. Our new AI-first game development engine, Forge, helps developers create faster than ever and non-developers create and distribute games across multiple channels, including mobile, PC and web.
“Our platform is designed to simplify the game creation and distribution process and make game development accessible to everyone.”