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Iconic AI raised $4M in pre-seed funding to expedite AI-powered AAA game development, led by HodlCo and backed by FOV Ventures and Sequoia's scout fund.

Jul 11, 2024over 1 year ago

Amount Raised

$4 Million

Round Type

seed

LondonVideo GamesArtificial IntelligenceGaming

Investors

Sequoia's Scout FundFov VenturesHodl Co

Description

Iconic AI, a London-based video game developer, has raised $4 million in pre-seed funding to change the landscape of AAA game development. The CEO aims to expedite development using AI to combat the ballooning costs and scale.

Company Information

Company

Iconic AI

Location

London, England, United Kingdom

About

Iconic AI is a London-based video game developer founded in 2023. The company aims to change AAA game development using AI technology to expedite development and reduce costs.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers