Magma is a collaborative AI-aided art creation and project management tool.
Magma is a collaborative AI-aided art creation and project management tool.
Categories

Magma raises $5M for game art creation and project management platform

  • Posted byby Dean Takahashi
  • Updated
  • 3 min

Magma has raised $5 million in seed funding for its AI-aided browser-based art creation and project management platform.

GFR Fund led the round, with participation of international gaming powerhouse Bandai Namco Entertainment (021 Fund), along with a league of prominent investors and industry angels.

Unlock premium content and VIP community perks with GB M A X!
Join now to enjoy our free and premium membership perks.
Join Now
Already a member? Sign in
Written by

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.