Nyantec Reaches $ 4 Billion Value After Receiving $ 245 Million PVI Support



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Nyantec Reaches $ 4 Billion Value After Receiving $ 245 Million PVI Support

Niantec, developer of augmented reality games and owner of the Pikymon Joe game, announced Wednesday it raised $ 245 million in the third round of financing of the US investment company IVP.

This will be followed by a number of important strategic investments from a number of companies such as: aXiomatic Gaming, Battery Ventures, CRV and Samsung Ventures, to achieve the market value of Niantec after this huge financing of & nbsp; About $ 4 billion.

The company will use this capital to invest in augmented reality technologies to maintain its forefront in this area, as well as in modern smart technologies and machine learning tools designed to improve the level of gaming offered to the public by the public. through its platform.

The company is already preparing to develop its activities this year as well as the launch of the game Harry Potter, which will act according to the mechanisms of augmented reality of the company, in tune with the real environment surrounding the player, similar to the game "Bickmon Joe "who hit millions of maniacs at launch.

IVP has expressed its enthusiasm to provide Niantec with this funding allowing it to participate in the creation and expansion of future technologies for an increased reality, describing the company as providing an enhanced reality like a cast-in-the-box charm in popular games. It can be argued that this funding will significantly boost your intention to develop effectively, which could bring us into a new era of augmented reality games in the near future.

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