# Xaitment

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

- Industry: Software
- Headquarters: Germany
- Website: www.xaitment.com
- Total disclosed funding: $5.2M
- Latest round: Series B (Jun 14, 2010)
- Investors on record: 3

## About

Xaitment is a Germany-based company specializing in artificial intelligence solutions for the gaming industry, providing tools for the development of intelligent non-player characters and automated game testing.Founded in 2004, Xaitment develops artificial intelligence technologies that enhance gaming experiences. The firm has raised a total of EUR 1.2 mn in funding, with its most recent funding round being a Growth round in September 2011, supported by KfW Banking Group and Triangle Venture Capital Group. The company operates primarily out of Germany and has completed four funding deals to date. Frank Brown, the founder, has an established background in technology and entrepreneurship.Xaitment specializes in providing artificial intelligence solutions for game developers, focusing on intelligent non-player character (NPC) behaviors and automated testing tools. Their core offerings include AI development kits that enable game creators to implement sophisticated behaviors and decision-making processes in their games, thereby enhancing player engagement and game complexity.Xaitment generates revenue through a structured model involving licensing fees for its AI solutions and software products designed for the gaming industry. Clients typically purchase licenses for their technology, which may include one-time fees as well as ongoing support agreements. The company’s revenue framework supports relationships with both independent game developers and larger studios, providing tailored solutions that address specific game development needs.Xaitment plans to utilize the EUR 1.2 mn raised during the Growth round to further develop its AI technologies and expand its product offerings. The company is looking to introduce new tools for automating game design processes and enhancing NPC realism, with a targeted launch timeframe of late 2022. Additionally, Xaitment aims to expand its presence into North American and Asian gaming markets, seeking partnerships with local developers by the end of 2023.

## Funding rounds

- Series B, Jun 14, 2010, $1.6M — KfW Banking Group, Triangle Venture Capital Group
- Series A, Feb 2, 2006, $3.5M — Triangle Venture Capital Group, SWG

## Investors

- Triangle Venture Capital Group (https://capitalatlas.ai/funds/triangle-venture-capital-group) — Series A, Series B
- SWG (https://capitalatlas.ai/funds/swg) — Series A
- KfW Banking Group — Series B