News Contact Us

Video game developer Flavourworks raises $3.8Mn from Series A round

Author : Saipriya Iyer | Published Date : 2019-11-11 

With growing popularity of augmented reality (AR) and virtual reality (VR) gaming, the interactive video game market is witnessing substantial growth lately. Various interactive video game startups are increasingly working towards innovations in the sector. This momentum, in turn, is bringing in various investors that are keen to invest in this emerging industrial landscape.

Flavourworks, a renowned UK-based video game developer, reportedly announced that it raised $3.8 million from its Series A funding round that was led by Hiro Capital, a Luxembourg/London based technology venture capital fund. The company would use the raised capital for its new interactive movie games portfolio, which integrates interactive gameplay with live-action video.

Meanwhile, Sky Ventures was a co-investor that participated in the funding round along with Hiro Capital.

Flavourworks is designing a unique and new gaming genre which combines movie and games. The company’s proprietary Touch Video technology allows players to touch the screen to monitor the choices of actors, to have a personalized storyline experience that would reflect their own decisions.

The raised capital is also expected to further deepen the Touch Video technology and further expand the company to work on a thrilling video game pipeline.  

Flavourworks’ first title game, Erica, has recently been published in August by Sony Interactive Entertainment and can be played on the PlayStation 4, and would soon be launched on mobile.

The new game, Erica is a live-action interaction game which changes according to the player’s decisions. Apart from the simple binary choices, the company’s cross-platform Touch Video technology lets the player touch the world by using touchpad present on Sony’s Dualshock 4 or a mobile screen.

Co-founder of Flavourworks, Pavle Mihajlovic stated that Erica integrates the worlds of video games and film in a unique way that has not been done by anyone else before. The company’s technology combines traditional storytelling mechanics with next level interactions and immersive soundtracks that let the player feel, touch and experience interactive and nuanced stories.

Mihajlovic further added that this is the first game that lets the player reach out and touch a live-action, real world and get it to react with in a meaningful way. The company is thrilled to work with its investors to share these experiences across the world.   


Source credit: https://venturebeat.com/2019/11/09/flavourworks-raises-3-8-million-to-make-interactive-games-with-live-action-video/

About Author

Saipriya Iyer

Saipriya Iyer

Saipriya Iyer presently works as a content developer for fractovia.org. Having dabbled with the domain of content creation for nearly half a decade, she now boasts of an enviable portfolio, holding substantial experience in penning down pieces related to technology, finance, and a wide spectrum of other industry verticals. A qualified computer engineering graduate from the University of Pune, Saipriya can often be found leveraging her knowledge of software technology and electronics in her write-ups. She can be contacted at- [email protected] | https://twitter.com/saipriya_i

Related News

TWU accuses Qantas of inactivity as more worker test COVID-19 positive

Published Date: 2020-04-02         Author: Saipriya Iyer

The union for airline baggage holders, TWU (Transport Workers’ Union), has reportedly accused Qantas Airways, the largest Airline network of Australia, of not ensuring worker safety against COVID-19 after the company’s baggage handlers tested positive for coronavirus. The Union stated... Read More

Houseparty to offer $1M reward to anyone providing proof of sabotage

Published Date: 2020-04-01         Author: Saipriya Iyer

Houseparty, a social networking service, has recently announced a $1 million reward to anyone who can uncover a commercial smear campaign that spread rumors alleging cyber breach of other services. The company has been purchased from its creator by Fortnite developer, Epic Games, in 2019. The sit... Read More

Ever Harmonic to acquire CCO’s Clear Media stake for US$253Mn

Published Date: 2020-03-31         Author: Saipriya Iyer

Clear Channel Outdoor Holdings Inc. (CCO), one of the leading outdoor advertising companies, has reportedly inked an agreement with Ever Harmonic Global Limited, under which it would sell its 50.91% stake in China-based media company, Clear Media Ltd. For the record, Ever Harmonic is fully owned ... Read More

© 2020 Fractovia. All Rights Reserved