FRVR has successfully completed a $12.7 million funding round aimed at enhancing its AI-driven game development efforts

FRVR has raised $12.7 million in a funding round spearheaded by Iberis Capital, collaborating with Indico Capital Partners and Lince Capital.

The company emphasized that this "noteworthy investment highlights the trust its new and existing backers have in the firm's vision and execution."

With this funding, FRVR aims to "enhance its AI-driven game creation platform," which the company believes "can revolutionize the industry by offering unprecedented speed in game creation and distribution for both developers and non-developers alike."

"Securing this funding is an exciting milestone for us," remarked Brian Meidell, Co-Founder of FRVR. "We've dedicated the past few years to resolving the challenges of mass game distribution across various channels."

"Our current focus is to make our platform the premier hub for creating, distributing games, and engaging with players. Our innovative game development engine, Forge, leverages AI to help developers and non-developers create games more swiftly and distribute them across platforms like mobile, PC, and web."

"Our goal is to streamline the game creation and distribution process, thus making game development accessible to everyone."