Sweden-Based Hiber 15m Eqt Ventures 20mtakahashiventurebeat

Sweden-Based Hiber 15m Eqt 

Introduction

Hiber has raised $15 million for its platform for publishing user-generated games on the web, according to venturebeat.com. What does this mean? Watch out, Roblox and Minecraft. You’ve got competition. OK, maybe they don’t have to worry, as the trend around user-generated gaming is so strong that it can support many companies like Hiber.

The Göthenburg, Sweden-based company has created a web platform that makes creating user-generated games easy. The company says it is at the intersection of connected devices, AI, and creator-focused entertainment.

Hiber CEO Michael Yngfors said in an interview with GamesBeat that the company enables users to create and express themselves through interactive 3D experiences (such as games) and is giving a generation a new way to communicate.

What Is Sweden-Based Hiber?

Hiber has created a gaming and entertainment platform where people can play and create on mobile devices and PCs. Hiber was founded in 2017 and is based in Gothenburg, Sweden and operates Hiber Social Apps (Hiber) and a web-based entertainment platform, HiberWorld.

The team created HiberWorld as a place for people to develop their own 3D interactive experiences and share them with others without the need to code. Initially, everything was browser-based, and in 2019, the company reached a significant milestone when it released touch creation mode, bringing the experience of making and sharing UGC creations to mobile devices with touch screens.

Since then, More than 1 Million experiences have been created, including virtual worlds, 3D hangouts, games, playgrounds, speed-run challenges, interactive science museums, roller coasters, pixel art showcases, and more.

Sweden-based Hiber 15m Eqt Ventures 20mtakahashiventurebeat

Dean Takahashi is the chief writer for GamesBeat at VentureBeat. He has been a tech journalist since 1988 and has covered games as a beat since 1996. He has been at VentureBeat since 2008. Before that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald.

Although, He is the author of two books, “Opening the Xbox” and “The Xbox 360 Uncloaked.” He organizes the annual GamesBeat and GamesBeat Summit conferences. He is in the San Francisco Bay Area. Takahashi has also written an article on Hiber raises $15M for users.

EQT Ventures led the round, and EQT Ventures partner Lars Jörnow (formerly King) will join the board of directors. He joins Eros Resmini, a cofounder and former chief marketing officer of Discord, who recently joined the Hiber board when he invested just a couple of months ago. Hiber has an app for creation on Android devices, and players can use the Safari browser to create on iOS.

Sweden-based Hiber 15m Eqt Ventures 20mtakahashiventurebeat Premium Marketplace

We’re happy and excited to announce that EQT Ventures is leading a $15m Series A for Hiber (www.hiberworld.com), one of the fastest-growing public-driven gaming platforms worldwide. With their proprietary game engine.

Hiber allows players to create their own social gaming experience without any want for coding, which means that the number of people in the world who can make their own favourite game is exploding.

Although, Hiber’s vision is to unite people through creativity, play and self-expression. Also, Playing games has always remained a social activity between humans, and Hiber’s ambition to enable many more people to have experiences together without the want for coding skills fits perfectly with our ambition to invest in game businesses that strive to become an integral part of traditional culture and communities.

Although, The timing to build a 3D games public by and for Gen Z’s, who take grown up in a world where smartphones, Minecraft, Roblox, Pokémon Go and TikTok remain the norm, now there remains a new thirst for the following social experience where they can combine play with forming new friendships through collaborative creation.

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Conclusion

Although, Hiber AB, the platform that enables people to create interactive 3D experiences such as games with no coding skills required, has taken USD15 million in Series A funding led by EQT Ventures. Also, It brings Hiber’s total funding to almost USD20 million, giving the company the capital it needs to accelerate further the growth of its social entertainment network, Hiber.

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