Venture Capital News: Scenario Scores $6M+ Funding Round
2023-01-19
SAN FRANCISCO, CA, Scenario announces $6+ million seed financing round.
Today, Scenario opened its early access program to more than 20,000 video game artists and developers, giving them the power to amplify their own creative style and talent with Generative AI. With Scenario, game artists can use their portfolio to create personalized art generators, and automatically create thousands of new brand-new art and graphics assets in their own personal style.
In conjunction with the early access release, Scenario simultaneously announced more than $6 million in seed investment from Play Ventures, Anorak Ventures, The Venture Reality Fund, Founders Inc. and Heracles Capital, as well as gaming luminaries including Oculus co-founder/CEO Brendan Iribe, Twitch founder Justin Kan, and former Blizzard executive Hamilton Chu, among others.
Scenario is the first Generative AI company founded to give game developers and digital artists a GenAI that is efficient, consistent, and artist-defined. The Scenario GenAI Engine dramatically reduces the time to develop digital art assets, enhancing the productivity of artists and the teams that rely on their work. Artists using Scenario create their own proprietary GenAI tool that can instantly produce assets visually consistent with their art style. This tool can then be shared by the artist with team members or sold as a service to clients. The company is based in San Francisco, California. Scenario is backed by Play Ventures, Anorak Ventures, The Venture Reality Fund, Founders Inc and Heracles Capital, alongside leaders and entrepreneurs across gaming, AI and web3 including founders of Oculus, Twitch, Hugging Face, Sandbox and others.
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