April 10, 2024
Sortium, a leader in generative AI within the gaming industry, has announced the launch of new AI tools for artists and game developers. These tools, built on the Polkadot infrastructure, aim to enhance creativity, streamline production workflows, and produce high-quality user-generated content. The launch is expected to significantly impact the gaming sector by improving the creative process and efficiency.
Project | Latest Raise | Latest Raise Date | Stage | Total Raise | Lead Investor | Category |
|---|---|---|---|---|---|---|
Sortium | $4M | Apr 10, 2024 | Seed | $11.8M | Signum Growth Capital | Gaming |
The company recently closed a successful funding round, raising over $4 million. This round was led by Signum Growth Capital, with significant contributions from investors including Cathie Wood's ARK Investment Management LLC, IDG Blockchain, IVC Fund, Polygon, and 1881 S Group AG. The broad investor support highlights the industry’s confidence in Sortium’s potential to transform 3D video game design and entertainment production.
Sortium's AI tools integrate seamlessly into existing game production ecosystems, automating complex content creation tasks. This innovation allows studios to accelerate production times and reduce costs, enabling a greater focus on innovation and design. Users can design their own characters, providing new creative opportunities and revenue streams for developers and individual creators alike. Sortium’s team, with extensive expertise in game development, AI, and IP rights management, ensures the smooth adoption of this technology.
Sortium is actively forming partnerships with major intellectual properties and leading gaming platforms. A recent collaboration with Bit Brawl showcases the application of Sortium's tools across various gaming environments, delivering live content to over 5,000 users. The technology’s compatibility with leading development platforms ensures wide adoption potential and effortless integration into industry practices.
About Sortium:
Sortium is a tech company at the forefront of generative AI within gaming. With over a decade of experience in AI, Sortium aims to revolutionize entertainment by making it easier and more affordable to create immersive digital experiences. Headquartered in Miami with offices in El Salvador, Sortium has partnered with major brands and creators. More than 120,000 studios and creatives are on the early access waitlist for Sortium’s generative AI texturing tool.
Website: https://www.sortium.com/
X Account: @Sortium
X Followers today: 3.82k
About Investor
Investor: Signum Growth Capital
Description: Signum Growth Capital is a FINRA-registered broker dealer founded in 2018. The firm is licensed in M&A, capital raising, and public markets, and operates alongside Signum Growth’s investment business, Signum Growth Advisors. The team operates at the intersection of mass market culture and new economies that are bubbling up in new communities. Areas of expertise include video gaming, entertainment, digital payments, blockchain protocols, AI and social media.
Location: United States
Website: https://www.signumgrowth.com/
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