Gamercraft has raised $5m to develop an AI platform for competitive gaming

Gamercraft has raised $5 million to develop an artificial intelligence-based competitive gaming platform.

Here's What We Know

Gamercraft offers players the ability to compete in tournaments on games like League of Legends, Valorant or CS:GO, and bet on their skills. The company uses AI to analyse data about players and provide them with feedback and advice on how to improve their game.

The service has more than 300,000 users in North America, South America and Europe. The company plans to develop its own games by 2024, as well as expand its marketing efforts.

The startup's investors include the founders of Alienware, Le Fonds, Mistral Ventures, Quantic Fund, Stellaria Capital and others.

Source: VentureBeat.