Latent Technology Raises $2.1 Million in Pre-Seed Funding

Latent Technology has successfully secured $2.1 million in its pre-seed funding round. Founded by CEO Jorge del Val and CTO Jack Harmer in London, the startup boasts a team with a rich background in the gaming industry, having previously worked at prominent companies such as Embark Studios and EA. The funding round was spearheaded by Root Ventures and Spark Capital, with additional participation from BitKraft Ventures. The company's primary objective is to harness the power of generative AI to revolutionize video game development and virtual world creation. According to del Val, "Traditional methods will no longer suffice, as generative AI is poised to transform significant aspects of the game development process." He further emphasized that "Creators will be able to build captivating experiences without requiring thousands of hours of mundane work."