May 15, 2023
1 min read

Game company raises $5 mn at $40 mn valuation

“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,”…reports Asian Lite News

Revolutionary AI-driven cloud-based gaming platform, The Game Company, raised $5 million during their pre-seed round in December. 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.

Their approach to create a unique AI-driven cloud-based gaming platform has set a new standard in the industry. It has garnered the attention of ultra-high-net-worth individuals, solidifying their position as one of the most promising gaming platforms in the market.

The 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. In addition to that they utilize AI technology in their platform to allow for a truly personalized experience for users based on their unique psychographics and Interests, Opinions, and Activities (IOA).

The Game Company has been making significant strides in development since its pre-seed round. With their impressive $40 million valuation from this  pre-seed round, the company is poised for even more growth during its upcoming funding round, with expectations of a substantial increase in valuation.

“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 Game Company’s vision is to provide the most advanced, flexible, and inclusive cloud gaming platform that breaks down the barriers of connectivity, latency, and market economics. The company aims to create a truly immersive gaming experience that is accessible for anyone, anywhere, anytime, and on any device.

ALSO READ-6G dominates PM Modi-Cisco COO talks

Previous Story

Global Research Conferences a grand Success

Next Story

‘Idea is always to do something new each time’

Latest from Business

SBI Simplifying KYC Process

SBI’s research arm noted that the RBI’s decision to maintain the policy rate reflects a balanced approach amid global uncertainties, supported by stable liquidity and external conditions State Bank of India (SBI)

UPI Powers Digital Revolution

New innovations such as LiteX (offline payments), tap-and-pay, credit card integration, UPI Autopay, and UPI for IPO subscriptions are pushing the platform from a payment tool to a full-fledged embedded finance ecosystem Unified

RBI Holds Rates, Boosts Outlook

One of the most significant announcements was the upward revision of India’s GDP growth forecast for FY 2025–26—from 6.5% to 6.8% In a move reflecting cautious optimism, the Reserve Bank of India

Nykaa Expands Global Footprint with UK Debut

To commemorate this significant global debut, Nykaa’s leadership hosted an exclusive soiree at the George Club in Mayfair, London Nykaa, India’s leading beauty and lifestyle destination, is set to make a grand
Go toTop