PlaySafe ID Secures $1.12M to Enhance Online Gaming Safety
PlaySafe ID has raised $1.12 million in a pre-seed funding round to enhance safety in online gaming, announced in a press release. The funding was led by Early Game Ventures, with participation from Hartmann Capital and Overwolf.
The capital will be used to expand PlaySafe ID's platform, which aims to prevent cheating, hacking, and child exploitation in gaming communities. The company plans to integrate its services with major gaming platforms and target over 250,000 users in the coming months.
PlaySafe ID provides a verified, anonymized digital ID to ensure fair play and accountability without compromising player privacy. This initiative addresses the growing issues of cheating and inappropriate behavior in online games, offering a secure identity layer for developers and communities to enforce fair play across various gaming titles.
We hope you enjoyed this article.
Consider subscribing to one of several newsletters we publish like AI Funding Brief.
Also, consider following us on social media:
More from: Funding
SORA Technology Secures $4.8M to Expand Drone Health Initiatives in Africa
ClickHouse Secures $350 Million Series C to Boost AI Analytics
Sagtec Plans Acquisition of Smart Bridge to Boost AI Capabilities
Mapmygenome Acquires Microbiome Insights to Expand Genomics Services
Subscribe to Cybersecurity AI Weekly
Weekly newsletter about AI in Cybersecurity.
Whitepaper
Stanford HAI’s 2025 AI Index Reveals Record Growth in AI Capabilities, Investment, and Regulation
The 2025 AI Index by Stanford HAI provides a comprehensive overview of the global state of artificial intelligence, highlighting significant advancements in AI capabilities, investment, and regulation. The report details improvements in AI performance, increased adoption in various sectors, and the growing global optimism towards AI, despite ongoing challenges in reasoning and trust. It serves as a critical resource for policymakers, researchers, and industry leaders to understand AI's rapid evolution and its implications.
Read more