Jabali Raises $5 Million in Seed Round

by Kay Aloha Villamor in March 7th, 2024

Jabali, a San Francisco, CA- and Raleigh, NC-based AI company advancing game engines, raises $5 million seed funding.  

SaaS Investors  

The round was led by BITKRAFT Ventures, with backing from Sapphire Sport, Sony Innovation Fund, Canonical Ventures, and tech industry angels. 

Founded in 2015, BITKRAFT Ventures is a venture capital firm based in San Francisco, California. It operates four venture funds with a total of over $830M in assets under management and has over 100 companies in its global portfolio as of August 2022. The firm prefers to invest in game developers, gaming platforms, gaming-related technology, web3, e-sports, virtual reality, augmented reality, blockchain applications, and interactive media sectors.  

Jabali Use of Funds  

The company will use the funding for team expansion, model refinement, and product launch acceleration.   

About Jabali  

Founded in 2023 by Vatsal Bhardwaj, Jabali is building an AI-native engine to empower visionaries, game designers, and developers. Jabali will offer a comprehensive, easy-to-use, engine to create games and interactive experiences. Its mission is to democratize creation and bring innovation to video games.  

Funding Details                                      

Company: Jabali  

Raised: $5.0M     

Round: Seed Round   

Funding Month: March 2024                               

Lead Investors: BITKRAFT Ventures  

Additional Investors: Sapphire Sport, Sony Innovation Fund, Canonical Ventures  

Company Website: https://www.jabali.ai/   

Software Category: Video Game  

Source: https://www.prnewswire.com/news-releases/jabali-raises-5m-to-build-a-generative-ai-powered-game-engine-of-the-future-302082177.html  


Your cart