The Game Company, a Dubai, UAE-based AI-driven cloud-based gaming platform, raised $5 million $5 million at a $40 million valuation.
The funds will be used to accelerate the development of The Game Company's powerful platform and leverage AI technology to create an interconnected multi-role ecosystem.
The company’s platform downsizes the memory and processing systems that most modern games demand to be able to run smoothly. This will enable users to play any e-pastime from any device without the need for expensive consoles or PCs.
They utilize AI technology in their platform to allow for a truly personalized experience for users based on their unique psychographics, interests, opinions, and activities.
"The $5 million raised during our pre-seed round is a testament to our vision and our commitment to creating an unmatched gaming experience for gamers worldwide," said Osman Masud, CEO. "We are confident that we have paved the way for the next funding round, which may propel the level of gaming available to users even further."
The company aims to create a truly immersive gaming experience that is accessible to anyone, anywhere, anytime, and on any device.
Company: The Game Company, LLC
Raised: $5.0M
Round: Pre-Seed Round
Funding Month: May 2023
Lead Investors: Undisclosed
Additional Investors:
Company Website: https://www.thegamecompany.ai/
Software Category: AI-driven Cloud Gaming Platform
About the Company: The Game Company is a revolutionary AI-driven cloud gaming platform that aims to provide an unmatched gaming experience to digital gamers worldwide. With a powerful fantasy league engine and Web3 technology, users can participate, play, and earn from a vast interconnected multi-role ecosystem. The company's vision is to break down the barriers of connectivity, latency, and market economics and create a truly immersive gaming experience. Features include low latency, indigenous compression technology, digital asset creation, and social interaction among the gaming community.
Source: https://www.globenewswire.com/news-release/2023/05/12/2667531/0/en/The-Game-Company-Raises-5-Million-at-40-Million-Valuation.html