COPENHAGEN, Denmark—November 2022—modl.ai, which seeks to take away the shackles of sport improvement with a transformative AI engine, introduced immediately it has closed Series A funding of €8.5m with lead investor Griffin Gaming Partners and M12 – Microsoft’s Venture Fund. The firm obtained extra participation from Rendered.vc, PreSeed Ventures, and Transistormedia.
The modl.ai AI engine is redefining sport improvement by equipping builders with an primarily limitless military of bots that may adapt to varied taking part in types, make use of dynamic strikes and techniques. This offers builders energy to reinforce automation and take away the redundancies and handbook efforts that always stymie and delay the discharge of recent video games and updates by months and even years.
Pierre-Edouard Planche, Partner at Griffin Gaming Partners, mentioned: “Gaming is one of the trickiest user experiences for which to automate testing, and it therefore requires an utmost degree of technical talent and research combined with direct experience working in games. This is why we are very excited to be backing Christoffer, Lars, Benedikte, and the modl.ai team to help streamline a growing pain and multi-billion-dollar industry expense that is top of mind for many game developers.”
Carli Stein of M12 added: “At M12, we’re excited about the impact modl.ai will have on the gaming industry, allowing game developers to focus on the parts of development they love, while automating the costly, time-consuming, and manual processes they don’t,” mentioned Carli Stein, an investor at M12. “When we met Christoffer and the modl.ai team, we knew they had the right combination of highly technical domain expertise, coupled with a product suite that has the potential to revolutionize game development as we know it.”
modl.ai was based by a gifted group of sport builders, engineers and AI specialists led by CEO Christoffer Holmgård, who noticed the chance to make use of AI to automate and enhance a number of elements of the sport improvement course of. Between them, the corporate founders have developed and launched greater than 30 video games for PC, Mac, Playstation, Xbox, Switch, Apple Arcade and additional platforms.
“We started modl.ai to build the tools and technology we always wished we had as game developers,” mentioned Christoffer Holmgård, CEO and Co-Founder. “In 2018, we decided that the timing was right, both for technology and the market. The founders had worked together in games and AI for more than a decade, always discussing how we could bring advanced AI to game developers broadly, offering something completely new to the industry that we love. All games are unique, creative works, but they share production needs and technological characteristics. That’s why the games industry is becoming increasingly modular and standardized. This is a good thing, and we want to be the de facto AI Engine for as many games as possible.”
With the brand new funding, the corporate will develop its attain to make the AI Engine obtainable to builders worldwide. With easy setup, builders will get entry to AI gamers – to not simply take a look at and stability their video games but in addition have entry to customizable bots who will play their sport with or in opposition to their participant base. modl.ai’s AI Engine works with the key publicly obtainable sport engines comparable to Unity and Unreal Engine and may be prolonged to assist any trendy sport engine.
modl.ai’s AI Engine drives bots for video games, enabling AI gamers that take a look at, consider, and even play video games within the place of human gamers. The marketplace for testing and high quality assurance in video games alone is a number of billion {dollars}, and the necessity for bot gamers has turn out to be essential in a multiplayer centered $200Bn+ trade.
The video games trade is on the slicing fringe of expertise and innovation; nevertheless a lot of the sport improvement course of is extremely handbook. This means important artistic potential with extremely expert builders, in addition to valuable velocity to market, is misplaced to rote work and monotonous day by day routine. modl.ai is on a mission to alter this, constructing an AI Engine that frees builders to deal with creating, by automating the components of the sport improvement course of which are repetitive and time consuming by way of AI gamers.
“Game testing is an endemic, universal, yet overlooked pain point in the industry that has material impact on studio operations, profitability, and title performance. Automation solutions have not emerged due to the complex nature of games and unique design. We strongly believe that modl.ai is the breakthrough team to tackle this moonshot opportunity and, in doing so, is positioned to build a powerful AI platform developed for 3D environments that can grow beyond games,” acknowledged Jiten Dajee, Rendered VC.
“At PreSeed Ventures, we know it’s all about a few individuals with a rare set of traits and the right mentality to move the needle and modl.ai’s CEO, Christoffer Holmgård is one of those people,” mentioned Mads Klarskov Petersen, COO of PreSeed Ventures. “modl.ai has not only attracted top talent within the space, 12 PhDs from applied AI in games, but has proven the growing importance that AI plays across different aspects of modern game development. Moreover, Christoffer is one of our favorite examples of how a Danish startup can attract international talent and investors, by building a unique technology and sticking to its purpose: helping developers to enhance and increase player engagement no matter the market direction.”
ABOUT modl.ai
Headquartered in Denmark, modl.ai is a four-year-old firm that’s remodeling the sport improvement market with its state-of-the-art AI Engine and machine studying fashions. Staffed by lots of the trade’s finest and brightest, modl.ai at the moment ranks second on this planet amongst personal firms for the variety of technical sport publications its group has collectively authored. With modl.ai’s engine and game-playing bots, testing, analysis, general sport improvement and velocity to market won’t ever be the identical. “If anyone can bring games AI research to the industry and succeed, this is the team” – Ken Stanley, OpenAI alum.” For extra please go to modl.ai.