Series Raises $28M to Power AI-Driven Game Development

Series Raises $28M to Power AI-Driven Game Development

Series Entertainment, a game studio startup, has closed a $28 million Series A funding round. The company, led by gaming industry executive Pany Haritatos, aims to create video games using Large Language Models (LLMs) and Generative AI (GenAI). Series has developed the Rho Engine, which uses GenAI to help game developers build games speedily.

The Future of Game Development

Series is on a mission to revolutionize the gaming industry by harnessing the power of AI. The Rho Engine is designed to be an AI-native, multimodal full-stack game creation platform, handling visuals and audio. This enables game developers to focus on creating immersive experiences, while AI takes care of tasks such as character design and NPC interaction.

Investors and Backing

Series has secured funding from prominent investors, including Netflix, Dell Technologies Capital, Andreessen Horowitz, BITKRAFT, and F4 Fund. These investors believe in Haritatos’ vision and the potential of the Rho Engine to transform the gaming industry. Haritatos himself has a proven track record in the industry, with decades of experience and a knack for being at the cutting edge of innovation.

What’s Next for Series

Series has grown from 17 employees to over 100 in 2024, with a team comprising experienced professionals from top companies in the industry. While the company has declined to comment on its valuation, it is clear that Series is poised for significant growth and innovation in the AI-driven gaming space.