# Bitmagic

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bitmagic

- Industry: Software
- Headquarters: Helsinki, Finland
- Website: www.bitmagic.games
- Total disclosed funding: $4M
- Latest round: Seed (Jul 2, 2024)
- Investors on record: 3

## About

Based in Helsinki, Finland, and founded in 2021 by CEO Jani Penttinen and Samuli Syvähuoko, Roleverse Ltd, d.b.a. Bitmagic, operates as an entertainment game research and development company that focuses on providing a platform that allows users to generate playable 3D games from a single AI prompt. In July 2024, Bitmagic raised USD 4 million in seed funding led by Korea Investment Partners, with participation from Supercell and Sisu Game Ventures.

Bitmagic provides a generative AI platform that enables users to create 3D multiplayer games without any coding skills. By leveraging generative AI, Bitmagic transforms text descriptions into interactive game worlds in real time. The platform is accessible via Steam Playtest, allowing users to design and play games easily. The platform also supports real-time game creation and customization through prompts.

The company plans to use its proceeds from July 2024 funding to support its efforts to make game creation accessible to everyone.

## Funding rounds

- Seed, Jul 2, 2024, $4M — Korea Investment Partners, Supercell, Sisu Game Ventures

## Investors

- Korea Investment Partners (https://capitalatlas.ai/funds/korea-investment-partners) — Seed
- Supercell — Seed
- Sisu Game Ventures (https://capitalatlas.ai/funds/sisu-game-ventures) — Seed
