Sweden-based firm Hiber AB raised $2.25 million from a seed fund round for its creative platform.
The Swedish company had previously received investments from Wild Sloths Oy and Luminar Ventures. The company has now received investments from companies such as Bumble Ventures, Sybo, Konvoy Ventures, and GFR Fund.
In addition to the investments, Sybo CEO Mathias Gredal Nørvig will join Hiber’s board of directors. Nørvig made a statement about joining the company:
“Joining the board of Hiber is an opportunity to be a part of something that is changing the way a generation communicates using games. Our goal is to help Hiber achieve all of the success possible and to support the company through this important time in its evolution.”
Hiber aims to use its investment to make strategic recruitment across technology and product groups. Besides, the company wants to continue to develop and grow its platform, which has 300,000 games created by users so far.
Hiber AB CEO and co-founder Michael Yngfors said about the investment they have received:
“We had a lot of interest in the round, which gave us the opportunity to ensure we have the right investors on board at this stage.”
“Each of the new investors brings additional expertise and guidance to our business. With regards to GenZ, SaaS platforms, Asian Markets, not to mention the people responsible for the largest mobile game franchise ever created, we feel like we have a really deep bench of knowledge to draw upon.”