Reforged Labs Secures $3.9m

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News/Reforged Labs Secures $3.9m

Written by Dante Uzel on 12 August 2024 13:44

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Generative AI platform Reforged Labs has secured $3.9m in seed funding, led by venture capital firm DCM. The company, which offers AI tools designed for creating video advertisements for game studios, plans to use this investment to enhance its technology and expand its client base.

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The funding round also saw participation from Y Combinator, Epakon Capital, Goodwater Capital, Phoenix Fund, and Asymmetry Ventures. Notable angel investors include Niantic, Pocket Gems, King co-founder and former CFO Sebastian Knutsson, and the founders and executives of Sky Mavis.

"The technology that Reforged Labs is building will make it much easier for game studios of all sizes to experiment with video ads and achieve better, more consistent UA performance at scale," said Knutsson.

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