a year ago
Iconic AI Raises $4 Million Pre-Seed to Revolutionize Game Development with AI
Iconic AI, a London-based games startup, has secured a $4 million (£3 million) pre-seed funding round led by HodlCo, with participation from FOV Ventures, Interface Capital, Deepwater Asset Management, and scout funds from Sequoia and Atomico
Founded by former Snapchat engineer John Lusty, Iconic AI aims to utilize AI to expedite game development, production, and distribution
The company believes its approach will allow smaller teams to become as efficient as larger developers, enabling them to create dozens of games.
ProblemTechnology
"Video game development is costly and time-consuming, leading to studios closing or downsizing even though the gaming industry is booming."
Solution
"Iconic AI uses AI to accelerate game development, allowing smaller teams to be as efficient as large studios and create more games. This also makes work more interesting and secure for developers."