Regression Games, a Philadelphia, PA-based AI gaming and esports company, announced that it closed $4.2 million in seed funding.
The round was led by New Enterprise Associates (NEA) with participation from Andreesen Horowitz (a16z), BBQ Capital, Roosh Ventures, and various angel investors to bring the power of artificial intelligence (AI) to gaming and esports.
Regression Games plans to use the new capital to grow its engineering team and accelerate the development of its initial platform to test AI-driven gaming, in partnership with existing games and game studios.
Regression Games plans to hold a private alpha test and tournament with players on its AI platform in the coming months.
Company: Regression Games
Raised: $4.2
Round: Seed Round
Funding Month: Aug 2022
Lead Investors: New Enterprise Associates (NEA)
Additional Investors: Andreesen Horowitz (a16z), BBQ Capital, and Roosh Ventures
Company Website: https://www.regression.gg/
Software Category: AI gaming and esports
About the Company: Founded by Aaron Vontell, Regression Games is building the platform and ecosystem to make competitive gaming with artificial intelligence accessible and fun for everyone. The platform will enable players to write code and AIs that control characters, debug strategies in real-time, compete for prizes in tournaments and top spots on leaderboards, and collaborate with friends to build the best bots possible. Players create AIs using code or machine learning models, debug strategies in real-time, compete for prizes in tournaments and top spots on leaderboards, and collaborate with friends to build the best bots possible.
Source: https://www.prnewswire.com/news-releases/ai-gaming-and-esports-startup-regression-games-raises-4-2m-in-seed-funding-from-nea-and-a16z-301605698.html