Sweden-based Hiber Raises $15M Led by EQT Ventures

Sweden-based Hiber Raises $15M Led by EQT Ventures

Sweden-based Hiber, a no-code service that allows users to create games using mobile phones, has recently raised $15 million in a Series A funding round led by EQT Ventures [1][2]. This brings the total amount raised by Hiber to approximately $20 million [2]. The company aims to use the funding to further develop its platform for publishing user-generated games on the web and mobile devices [1].

Hiber’s platform provides a low-cost and low-power IoT connectivity solution, particularly suitable for industries that require device connection in remote areas [3]. The company also plans to introduce new products that will simplify the process of connecting devices to its platform [3]. By offering a no-code service, Hiber enables users with minimal programming knowledge to create and play their own 3D games using just their mobile phones [4].

Enhancing User-Generated Game Publishing

Hiber’s focus on user-generated game publishing sets it apart from other game development platforms. With its no-code approach, Hiber empowers individuals to unleash their creativity and bring their game ideas to life without the need for extensive coding skills [2]. This accessibility makes it an attractive option for aspiring game developers who may not have formal programming training or experience.

The platform offers a wide range of tools and features that allow users to design and customize their games. From creating unique characters and environments to implementing game mechanics and logic, Hiber provides a comprehensive set of tools to support the game creation process [2]. Additionally, the platform enables users to share their games with others, fostering a vibrant community of game creators and players [1].

Low-Cost IoT Connectivity Solution

Hiber’s IoT connectivity platform addresses the need for reliable and affordable connectivity in remote areas. Traditional connectivity solutions often struggle to reach these areas due to infrastructure limitations and high costs. Hiber’s solution leverages low-power satellite technology, enabling devices to connect to the internet even in remote and underserved regions [3].

This connectivity solution has significant implications for various industries, including agriculture, environmental monitoring, and asset tracking. By providing a cost-effective way to connect devices in remote locations, Hiber enables businesses to gather real-time data, optimize operations, and make informed decisions [3].

Future Developments and Expansion

With the recent funding round, Hiber is well-positioned to further enhance its platform and expand its reach. The company plans to invest in research and development to introduce new products that will simplify device connectivity and broaden the range of applications supported by its platform [3].

Hiber’s focus on user-generated game publishing aligns with the growing trend of democratizing game development. As more individuals seek opportunities to express their creativity through game creation, platforms like Hiber provide accessible tools and resources to support their endeavors [4].


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