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Zibra AI raises $500,000 funding from successful a16z Speedrun

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Zibra AI, a Ukrainian deep-tech company specializing in AI-generated 3D assets for games and virtual environments, announces it has successfully participated in the first-ever Andreessen Horowitz (“a16z”) Speedrun accelerator, receiving USD $500,000 to kickstart its current seed investment round and bringing its total investment to-date to USD $2.5 million.

Founded in 2021, Zibra AI aims to use the funding to expand its team and fuel the growth of its innovative generative AI technology. The company’s flagship product, Zibra Effects, is a Unity Verified Solution that can be utilized across PC and Mac, iOS and Android, consoles and VR/AR, with use cases in industries like gaming, metaverse and professional training simulations. By automating the creation of high-quality 3D assets and visual effects, the technology helps streamline production for developers.

Zibra AI was one of just 32 companies out of 1,600 applicants accepted into a16z’s inaugural Speedrun, which provides funding and coaching for the most promising pre-seed startups at the intersection of games and tech. Each of the companies accepted into the program received an initial investment of $500,000 and pitched to investors at the Speedrun Demo Day held in Los Angeles in June 2023. Following the success of the first Speedrun, a16z has announced Speedrun 2024 and committed to invest up to $75m in other promising startups in the space.

55% of the Speedrun companies were located in the San Francisco Bay Area, with Zibra AI the sole representative from Eastern Europe. Based in Kyiv, Ukraine, Zibra AI has continued to successfully raise capital alongside the hottest startups in the world despite the exceptional challenges of its wartime reality, and currently has an open seed round. The company raised a pre-seed round of $1.2 million in November 2022 from investors including Gismart, SID Venture Partners and angels including The Sandbox’s Sebastian Borget and Phil Libin from Evernote. Zibra AI was also a recipient of an Epic MegaGrant from Epic Games in December 2022.

Alex Petrenko, CEO and co-founder at Zibra AI, commented: “It was an honor for Zibra AI to have been shortlisted in the very first a16z Speedrun this year. It’s the latest investment proofpoint which demonstrates clear investor confidence in our technology roadmap and vision for the next two years and beyond. Our generative AI tools address the two major challenges faced by developers – creating interactive VFX and generating 3D assets and characters. With this new investment, we can accelerate our plans to develop our tech and further support and streamline development for games and all virtual experiences across industries.”

Troy Kirwin, Investment Partner at a16z, said: “We were immediately impressed with the Zibra AI team’s ability to solve some of the most challenging technical problems in computer graphics. We’re thrilled to be a part of their journey to build an end-to-end 3D content creation platform.”

Zibra AI’s generative AI technology is already being used by a community of more than 85,000 developers. Interested companies can see the tech in action by trying it for free for a limited period, or visit the Zibra AI website to find out more.

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BMM INNOVATION GROUP TO SHOWCASE ITS WORLD-LEADING TESTING SERVICES FOR BRAZIL’S FAST-GROWING GAMING MARKET AT BIS SIGMA AMERICAS SUMMIT APRIL 7–10

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Company to share expert insights and highlight its fast-track product certification and lottery support at São Paulo, Brazil show

BMM Innovation Group (“BMM,” “BIG Group,” or “BIG”), a technology conglomerate focused on product compliance testing, cybersecurity solutions, and virtual training for the global gaming industry, will exhibit at BiS SiGMA Americas April 7-10 at the Transamerica Expo Center in São Paulo, Brazil in Stand No. F133.

As Brazil’s gaming landscape undergoes a significant transformation under new federal regulations, BMM is heavily partnered with operators, suppliers, and regulators through this transition. With its three expert divisions – BMM Testlabs, BIG Cyber, and RG24seven Virtual Training – the BIG Group brings unmatched expertise in product testing, cybersecurity, and responsible gaming education, all vital for success in the dynamic Brazilian market.

At the show, BMM will highlight its fast-track product testing and certification process, developed specifically to address Brazil’s recertification requirements for B2B and B2C operators. This streamlined service ensures that gaming companies meet all regulatory standards while maintaining their operating licenses with minimal disruption.

BMM Testlabs’ Marzia Turrini, President of iGaming & Cybersecurity, said, “BMM is committed to guiding customers through the certification process with speed, precision, and expert support. Our goal is to reduce regulatory risks and accelerate time to market in Brazil’s evolving regulatory environment.”

At BiS SiGMA, BMM will highlight its support for Brazil’s expanding state lottery market, working closely with operators to support multi-jurisdictional entry and growth. BMM’s lottery and iLottery testing services help ensure full compliance while enabling faster, broader market access.

Visitors to BMM Innovation Group’s stand at BiS SiGMA Americas will gain insights into the Company’s full suite of services for cybersecurity and defense, as well as responsible gaming, including:

  • Vulnerability assessments, penetration tests, PCI:DSS evaluations, and a suite of managed security services featuring CYREBRO’s Security Operations Center, KnowBe4’s security awareness training, and Maxxsure’s risk management platform.
  • RG24seven Virtual Training, offering expert-led education on responsible gaming, anti-money laundering, and many other important topics, available in Portuguese, Spanish, and English for gaming professionals worldwide.

Turrini added, “BMM is more than just a test lab. We are a long-term strategic partner, helping shape a secure, responsible, and compliant gaming industry in Brazil and globally.”

BMM invites all BiS SiGMA attendees to stop by Stand No. F133 and discover how the Company drives innovation, reliability, and trust across Brazil’s regulated gaming industry. For more information on BMM’s Brazil support, visit the BMM Brazil Hub at brazil.bmm.com/.

 

The post BMM INNOVATION GROUP TO SHOWCASE ITS WORLD-LEADING TESTING SERVICES FOR BRAZIL’S FAST-GROWING GAMING MARKET AT BIS SIGMA AMERICAS SUMMIT APRIL 7–10 appeared first on Gaming and Gambling Industry in the Americas.

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Bacta’s George McGregor to step down

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George McGregor, Bacta’s Executive Director – Government Relations, has announced that he is moving on from the UK trade association at the end of June.

His departure following the Bacta AGM marks the conclusion of a 21-year association with the trade body.

He was an external adviser to Bacta in his role as Managing Director of the public affairs consultancy Interel (now DGA) and has served as Bacta Executive Director since January 2024.

George McGregor, confirmed: “In August this year I turn 60 and my intention is to shift gear in my career, moving from a full-on role to project and advisory work.

“I am incredibly proud of my work with Bacta over the years in helping it achieve tangible benefits for members.

“Between now and my departure there is still a lot to do. We need to finalise our response to the Gambling Minister on stakes and prizes, conclude our submission to the Gambling Commission’s review of gaming machine technical standards and push hard to see the delivery of the long overdue Gambling White Paper reforms”.

John Bollom, Bacta President, added:  “We are very sad to see George moving-on but we understand his reasons and wish him well in the future. George is smart, determined and personable. He will leave big boots to fill.”

The post Bacta’s George McGregor to step down appeared first on European Gaming Industry News.

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When 5 Votes Make All the Difference: A Special Moment at the GamingTECH CEE Awards

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At this year’s GamingTECH CEE Awards, we witnessed something rare—and pretty remarkable—in the “Best iGaming CEO in CEE” category.

With 214 total votes cast across 9 nominees, two names clearly rose to the top, standing apart from a highly competitive field:

  • Vlastimil Venclik, CEO at Oddin.gg
  • Dario Jurčić, CEO at NSoft

But here’s where it gets interesting: the difference between them? Just 5 votes.

That’s right—after weeks of online voting and a live secret ballot from summit participants, the final count came down to a 5-vote margin. In a category filled with respected leaders, innovators, and visionaries, two CEOs clearly resonated with the industry in a big way.

And while only one person can technically take home the winner’s trophy, this razor-thin result was too significant to ignore. So, for the first time in the history of the GamingTECH CEE Awards, we decided to introduce something new:

  • An Honorary Runner-Up Trophy for “Best iGaming CEO in CEE” awarded to Dario Jurčić, CEO of NSoft.

Why This Matters

The intent behind this decision is simple: When excellence is nearly indistinguishable, it deserves to be recognized.

Dario Jurčić has played a vital role in expanding NSoft’s influence, strengthening its presence in new markets, and leading with a people-first approach in a rapidly evolving sector. His visibility, leadership, and impact were clearly acknowledged by the voting community—and with just a handful of votes separating him from the top spot, it felt only right to shine a spotlight on that achievement.

A Testament to a Vibrant Industry

The closeness of this race also speaks volumes about the caliber of leadership we’re seeing in the Central and Eastern European iGaming space. With companies like Oddin.gg and NSoft pushing boundaries in their respective verticals, the region continues to establish itself as a dynamic force in the global gaming landscape.

We congratulate Vlastimil Venclik on his well-earned win, and we extend our heartfelt appreciation and applause to Dario Jurčić for standing out in such a competitive field.

Sometimes, even second place can tell a powerful story—and this year, it certainly did.

The post When 5 Votes Make All the Difference: A Special Moment at the GamingTECH CEE Awards appeared first on European Gaming Industry News.

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