Quick take:
- Atlas has launched from stealth with $6 million in funding raised across two rounds.
- The first round of $4.5 million was led by 6th Man Ventures, while Collab+Currency led a $1.5 million round.
- Other investors in the rounds include Contango, Gaingels, GFR Fund, New Renaissance Ventures, Square Enix, Wagmi Ventures and A16z via Shrapnel.
Atlas has emerged from stealth with $6 million in funding raised across two rounds. The 3D generative AI design studio also announced multiple partnerships with leading Web3 game developers.
The first round of $4.5 million was led by 6th Man Ventures (6MV), while Collab+Currency led a $1.5 million round. Other participants in the rounds include Contango, Gaingels, GFR Fund, New Renaissance Ventures, Square Enix, Wagmi Ventures and A16z via Shrapnel.
Atlas will use the capital to accelerate the development of its suite of developer solutions. The company offers a 3D content generation tech stack that uses AI to rapidly scale asset development by up to two hundredfold while lowering production times by half. Atlas will also use some of the funds to build out its 3D AI platform.
Commenting on the announcement Ben James, the CEO of Atlas expressed his excitement about getting leading Web3 investors and partners to back his company’s vision of the future of 3D content creation.
“With our official launch and round close, Atlas will continue to develop our 3D AI using our unique, creator-first systemic approach so we can help more builders create the next evolution of gaming and virtual experiences,” said James.
Atlas’ team of engineers and designers boasts a combined experience of more than 50 years in AI, gaming and design. The company wants to build a tech stack that “serves as a collaborative design partner by augmenting intuition and streamlining workflows for designers and creators.”
Mike Dudas, Founder & General Partner at 6th Man Ventures commented: “The online experience is rapidly evolving, and Atlas is at the forefront of the next generation of AI-supported development. Altas’ team and technology stand above the rest of the market and are revolutionizing the way virtual worlds are created and experienced. We’re excited to partner with them on their mission to build a boundless future.”
Atlas has already attracted some of the leading AAA studios, next-gen gaming and immersive design, including Consortium 9, A16z-backed Shrapnel and Japanese gaming and entertainment giant Square Enix. Square Enix has been one of the leading mainstream gaming companies to pivot into blockchain gaming.
Atlas believes its technology can be used to rapidly populate virtual words like the metaverse with creative assets and designs that are consistent with existing IP and ready to be deployed anywhere.
Hideaki Uehara, General Manager of the Investment & Business Development Department at Square Enix added: “In recent years, the rising cost of game development has been challenging for the entire game industry, and gen AI is expected to help streamline the process in new and exciting ways. We are excited about Atlas’ unique technology and look forward to seeing how it might unlock efficiencies in our business.”
Brooks Brown, the Founder & CEO of Consortium 9 lauded Atlas’ technology suite as being the first to save developers time.
“In our platform NOR, we destroy our entire game every few months, rebuilding the entire city with thousands of buildings in a unique and new architectural style. The very idea is absurd and impossible – at least it was. Thanks to Atlas’ pipeline, the absurd is not only plausible but without compromise.,” he said.
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