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Based in Helsinki, Finland, Bitmagic develops a generative artificial intelligence platform that enables users to create fully playable, interactive multiplayer 3D games from single natural language prompts. The core technology originated from a strategic corporate pivot away from the development of a traditional role-playing game called Roleverse during the summer of 2023. Operating within the broader interactive entertainment sector, the company provides software tools intended to facilitate rapid game creation for aspiring developers without requiring extensive coding expertise. To support its ongoing platform development, the enterprise has secured $4 million in venture funding from a syndicate of prominent industry investors that includes Supercell, Korea Investment Partners, and Sisu. Bitmagic was originally founded in 2022 by an initial ten-person founding team that includes chief executive officer Jani Penttinen, chief operating officer Markus Kiukkonen, and Markus Hjort.
Bitmagic has raised $4.0M across 1 funding round.
Bitmagic has raised $4.0M in total across 1 funding round.
Bitmagic has raised $4.0M across 1 funding round. Most recently, it raised $4.0M Seed in July 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 5, 2024 | $4M Seed | Korea Investment Partners | — | Announced |
Bitmagic has raised $4.0M in total across 1 funding round.
Bitmagic's investors include Korea Investment Partners.
