Hiber raised $800k from Luminar Ventures to launch a browser-based game platform.
Hiber AB, a Gothenburg, Sweden-based developer of a browser-based game platform, announced raising $800k in seed capital.
The funding was backed by Swedish investors, including Luminar Ventures and Matthew Wilson through Wild Sloths Oy, and will be used to expand the game creation development and support marketing efforts for reaching wider audiences. Matthew Wilson also joins Hiber's board of directors.
Hiber, founded in 2017 by Michael Yngfors and Mattias Johansson, built Hiber World, a browser based game creation and social gaming platform that allows users to design their own games without the need to code and play a variety of games created by other users.
HiberWorld competes directly with international names including Roblox, Minecraft, Struckd, and Kogama, is free-to-play and can be played via a web browser on mobiles, tablets and PC/MACs. In 2018 the company was about breakeven, at SEK 1M ($100k) in turnover.