Finnish video game tech firm Surrogate.tv raises $2 mln
Surrogate , the reality-focused game development and video streaming technology company, announced on Monday its $2 million seed round from Initial Capital, PROfounders Capital, Brighteye Ventures, and Business Finland.
Surrogate said it will use the capital to build up its “Surrogate Reality” game portfolio while continuing to enhance the company’s low-latency video streaming technology — SurroRTG.
“ To date, video games continue to be developed with the same limitations that existed at the time of Pong – creating fake physics and fake graphics in an attempt to mimic real-life. At Surrogate, we want to rethink this process by bringing in unique benefits that the real world has to offer and using them as major elements in the video gaming experience,” said Shane Allen, CEO and Cofounder of Surrogate.
“Backed by some of the most well-recognized venture funds in the world, we’re building a new category of online entertainment – completely blurring the lines between what real and virtual worlds should and can be. We look forward to releasing the first stages of Surrogate gaming in the coming months,” he said.