HighlightsJournal 182 Gamigion May 7
A new player just stepped onto the board — and they’re already backed by some of the biggest names in gaming and venture capital.
Tel Aviv-based startup Sett has officially emerged from stealth mode with a total of $27 million in funding, raised in two tranches. The latest, a $15M Series A round, was led by Bessemer Venture Partners, with participation from Saga VC, Vgames, and Akin Babayigit, founder of Tripledot and now head of Arcadia Gaming Advisors. Sett’s earlier $12M seed round came from F2, Bessemer, and leading gaming angels.
Sett builds AI agents to help studios develop and market mobile games faster and cheaper — reportedly 15x faster and 25x cheaper than traditional pipelines. Their product focuses on automating the creation of interactive in-game moments and “playable ads”, which have become essential for user acquisition but are notoriously expensive and time-consuming to produce.
With user-level tracking limited on iOS, the next big frontier in UA is creative content. Sett’s AI helps fill that gap, using in-game aesthetics to craft engaging ad experiences that boost discovery and conversion.
As CEO Amit Carmi puts it: “It’s pretty easy to build games, but almost impossible, statistically, to make one successful.” In a $100B market where $29B is spent annually on UA alone, reducing the cost and time of creative production is a major unlock.
Sett has already onboarded major players like Zynga, Scopely, Playtika, SuperPlay, Rovio, Plarium, Candivore, and even Unity, with 100+ studios on a waitlist.
In a timely twist, AppLovin — one of Sett’s would-be competitors — is selling its gaming assets to Tripledot for $800M (not $900M as initially projected). The deal helps AppLovin double down on AI-driven marketing tools, like its SparkLabs division, which already produces automated playable ads.
Sett is taking a similar route — but with the added advantage of its own game engine and agentic layer, allowing it to generate code directly and potentially scale into deeper aspects of game development over time.
Sett’s founders don’t see their AI replacing full game teams — at least not yet. But Babayigit calls the opportunity a “no-brainer,” praising the tech and team. While many companies are dabbling in creative AI (like Agave), Sett is one of the few building full-stack, production-grade tools for marketing and game content.
This is more than just a funding round — it’s a signal that AI-powered creative pipelines could become the new norm in mobile game publishing.
Source: TechCrunch
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