Scriptic (previously ElectricNoir), the immersive storytelling platform, announced Thursday that it raised $5.7 million in funding to expand its catalog of phone-first interactive games created using generative AI tools.
The studio will also use the funding to build out its team of TV and gaming talent as well as introduce a new initiative — user-generated content. Scriptic plans to bring on external writers, who will be given access to AI-enabled creator tools, to share and monetize their own phone-first stories on the platform.
The funding round was led by Bitkraft Ventures with participation from the Amazon Alexa Fund and Tower 26, among other investors. Scriptic has raised a total of $8.2 million, which could be a sign that generative AI is a hot new trend in the mobile gaming space. Earlier this year, Scriptic raised an initial seed round of $2.5 million from Vgames, Moonfire, as well as angel investors Twitch co-founder ...
