RIVRS Secures €4m

RIVRS Secures €4m

Business

03 October 2024 18:17

French publisher RIVRS has successfully raised €4m to "professionalise and industrialise" user-generated content (UGC). The company aims to leverage its strengths in designing games for popular platforms like Minecraft, Roblox, and Fortnite to "become the world leader in UGC video game creation."

This seed financing round, led by Pléiade Venture, will help RIVRS "consolidate its European leadership" while initiating international expansion, enriching its game catalog, and exploring new platforms. The team believes this funding will also enhance its development capabilities.

Founded in 2021 in Rennes, France, by Romain Hubert and Loïc Deffains, RIVRS has already developed ten games, achieving revenues of "nearly €500K for a single title."

"Our proven business model and our ability to create quality games at a rapid pace put us in pole position to capture a significant share of the global UGC video game market," stated Hubert. "This round of financing marks a key milestone in our history, and enables us to realize our ambition of becoming the world leader in UGC video games in the coming years."

Tags: RIVRS

Share:

Sources:

Report mistake Submit news

Related news

View All

Embracer Separates Fellowship Entertainment

Embracer Group announced that the Fellowship Entertainment will be a separate public company. Embracer did this several times before, it's...

Business

May 21, 2026

The Esports World Cup's Paris Move Breaks Its Riyadh Promise

Well, honestly 6 months ago this was unthinkable, but here we are. The Esports World Cup relocating to Paris, and...

Business

May 20, 2026

Sony's PlayStation PC Reversal Is Jim Ryan's Plan Dying

Hermen Hulst told staff at a Monday morning town hall that PlayStation's single-player games are going back to console-exclusive. Which...

Business

May 19, 2026

PlayStation Plus Hike vs Game Pass Cut: Same Data, Opposite Calls

PlayStation Plus prices rise for new subscribers on May 20, 2026, less than a month [[News/Xbox Cuts Game Pass Prices...

Business

May 19, 2026

GTA 6 Delays Are Subsidised by GTA 5's Refusal to Die

Rockstar can afford the GTA 6 November 19 release date partly because GTA 5 is still printing money 13 years...

Business

May 18, 2026

RIVRS Secures €4m

Business

03 October 2024 18:17

Tags: RIVRS

French publisher RIVRS has successfully raised €4m to "professionalise and industrialise" user-generated content (UGC). The company aims to leverage its strengths in designing games for popular platforms like Minecraft, Roblox, and Fortnite to "become the world leader in UGC video game creation."

This seed financing round, led by Pléiade Venture, will help RIVRS "consolidate its European leadership" while initiating international expansion, enriching its game catalog, and exploring new platforms. The team believes this funding will also enhance its development capabilities.

Founded in 2021 in Rennes, France, by Romain Hubert and Loïc Deffains, RIVRS has already developed ten games, achieving revenues of "nearly €500K for a single title."

"Our proven business model and our ability to create quality games at a rapid pace put us in pole position to capture a significant share of the global UGC video game market," stated Hubert. "This round of financing marks a key milestone in our history, and enables us to realize our ambition of becoming the world leader in UGC video games in the coming years."

Share:

Sources:

Report mistake Submit news