Infinite Canvas, a studio that promotes and enables user-generated content (UGC) on platforms like Roblox and Fortnite, has raised $6 million in its recent funding round. The company has also launched a new AI-powered game called CreatureCraft on Discord, which already boasts over 100,000 users.
The funding round was led by Bitkraft, with participation from HBSE, Warner Music Group, J Ventures, and existing investors Lightshed, Day One Ventures, Emerson Collective, and Crossbeam. Infinite Canvas plans to use the funds to further promote CreatureCraft and its other games. CreatureCraft, an idle RPG, utilizes generative AI to create unique cards designed by players that can be utilized in battles and to earn in-game currency.
Founders of Infinite Canvas, Tal Shachar and Sebastian Park, discussed their plans for the future and their integration of generative AI. Shachar described their excitement about the revolutionary potential of GenAI, stating that it enables them to bridge the gap between players and developers and turn every player into a creator. Park highlighted their goal of increasing the creator-consumer ratio, ensuring that more consumers are empowered to become creators. Both founders expressed the belief that GenAI can change how games are built and how users interact with them, fundamentally transforming game loops.
Bitkraft founding general partner, Scott Rupp, expressed enthusiasm for joining Infinite Canvas on their journey, believing that the studio will reshape how players engage with games by bringing about new levels of personalization and creativity. He commended the founders’ combined experiences in various aspects of the industry, which make them well-equipped to navigate the evolving virtual world.
The $6 million funding, along with the launch of CreatureCraft, solidifies Infinite Canvas’s position as a leader in the user-generated content space and paves the way for further advancements in AI integration in gaming. With its innovative approach to empowering players and creating unique gaming experiences, Infinite Canvas is poised to make a significant impact in the industry.
Frequently Asked Questions (FAQs) Related to the Above News
What is Infinite Canvas?
Infinite Canvas is a studio that promotes and enables user-generated content (UGC) on platforms like Roblox and Fortnite.
How much funding did Infinite Canvas secure in its recent funding round?
Infinite Canvas secured $6 million in its recent funding round.
Who led the funding round for Infinite Canvas?
The funding round was led by Bitkraft.
Who are some of the investors in Infinite Canvas?
Investors in Infinite Canvas include Bitkraft, HBSE, Warner Music Group, J Ventures, Lightshed, Day One Ventures, Emerson Collective, and Crossbeam.
What is CreatureCraft?
CreatureCraft is a new AI-powered game launched by Infinite Canvas on Discord. It already has over 100,000 users.
How does CreatureCraft utilize AI?
CreatureCraft uses generative AI to create unique cards designed by players for battles and earning in-game currency.
What are the future plans of Infinite Canvas?
Infinite Canvas plans to use the funding to further promote CreatureCraft and its other games.
What is the vision behind Infinite Canvas's integration of generative AI?
Infinite Canvas aims to bridge the gap between players and developers, turning every player into a creator with the help of generative AI.
How does Infinite Canvas aim to increase the creator-consumer ratio?
Infinite Canvas aims to empower more consumers to become creators, increasing the ratio of players who create content.
How does Bitkraft view Infinite Canvas's potential?
Bitkraft's founding general partner, Scott Rupp, believes that Infinite Canvas will reshape how players engage with games by bringing about new levels of personalization and creativity.
What does the $6 million funding and launch of CreatureCraft mean for Infinite Canvas?
The funding and launch solidify Infinite Canvas's position as a leader in the user-generated content space and pave the way for further advancements in AI integration in gaming.
Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.
