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Spectarium raises €5m in seed funding round

The studio's upcoming title Myths aims to provide players with unique experiences powered by AI technology

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Spectarium announced that it has raised €5 million in a seed funding round.

The funding will go towards developing its action RPG title Myths, which is slated for a 2024 soft launch, and expanding its workforce.

Bitkraft Ventures led the round alongside participation from Delphi Digital and Framework Ventures.

Spectarium was established by Romain Schneider, Mark Peterson, Avi Shalel, and Gabi Shalel. Its team consists of professionals who worked at firms such as Riot Games, Epic Games, EA, and Square Enix.

The studio says that its title, Myths, uses AI technology to provide players unique game experiences similar to the TikTok algorithm.

"While we remain community-centric, the studio has evolved and is committed to developing cross-platform, mass-market games that captivate gamers worldwide. By merging standout visuals with generated content, we aim to craft unique and endless gameplay experiences," said Schneider.

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Jeffrey Rousseau avatar
Jeffrey Rousseau: Jeffrey joined in March 2021. Based in Florida, his work focused on the intersectionality of games and media. He enjoys reading, podcasts, staying informed, and learning how people are tackling issues.
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