At Evo 2018, Chilean game developer AOne Games uses Genvid in a live tournament broadcast of its new Unreal Engine 4-based fighting game Omen of Sorrow.

Genvid raises $10 million from Horizons Ventures for an interactive streaming engine

Genvid Technologies has raised $10 million in funding for its interactive streaming engine. The money came from Horizons Ventures, the private investment arm of Hong Kong business magnate Li Ka-shing.

The interactive streaming engine enables customers to monetize livestreams through sponsorships and in-stream purchases. Genvid CEO Jacob Navok said in an interview with GamesBeat that the company will use the funds to try to triple the company’s growth in the next couple of years.

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Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.