Perfection42, a Vilnius, Lithuania-based company that provides AI-based technology for game developers, raised €1.1 million in a seed round for product development and international expansion.
The round was co-led by Open Circle Capital and CoInvest Capital, with participation from the Lithuanian business angel network LitBAN syndicate, and other business angels.
The company plans to use the investments for the improvement of technology, marketing, and organization of sales in foreign markets.
Perfection42 provides an artificial intelligence solution for the game development, animation, architecture, design, and art industries. The startup's goal is to help creators unleash their creative potential by removing technical and repetitive tasks that often prevent creativity.
Company: Perfectionai, UAB
Raised: €1.1M
Round: Seed Round
Funding Month: April 2023
Lead Investors: Open Circle Capital and CoInvest Capital
Additional Investors: LitBAN syndicate
Company Website: https://www.perfection42.com/
Software Category: AI focused Game Development, Animation, and Design Services
About the Company: Founded in 2018 by Simona Vasyte-Kudakauske and Kestutis Tauckela, Perfection42 develops new artificial intelligence capabilities for automating the process of creating 2D and 3D computer graphics. The company's platform offers an optimization feature that allows personalizing content, automating in-game marketing, modeling NPC behavior, and customizing AI applications, enabling game developers and studios to speed up the game development process and providing gamers and gaming enthusiasts with enriching video game titles.
Source: https://ain.capital/2023/04/06/perfection42-raises-1-1m/