Believer, a gaming company founded by former Riot executives, has raised $55 million in funding led by Lightspeed and participated by a16z and others

According to TechCrunch, Believer, a gaming startup founded by former Riot executives Michael Chow and Steven Snow, has completed a $55 million financing round led by Lightspeed Venture Partners, with participation from Andreessen Horowitz (a16z), Bitkraft Ventures, Riot Games, 1Up Ventures, Don Thompson's Cleveland Avenue and Michael D., among others.

Believer will first develop original IP, narrative and technical games. Believer’s founder said it is unlikely to launch any products within 3-5 years. Steven Snow said the company hopes to do more with generative AI. Source link