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Liminal Raises $5.8M in Seed Funding Backed by BITKRAFT, Riot Games and OTK Media Group

News

Liminal Raises $5.8M in Seed Funding Backed by BITKRAFT, Riot Games and OTK Media Group
News

News

Liminal Raises $5.8M in Seed Funding Backed by BITKRAFT, Riot Games and OTK Media Group

2025-03-11 22:03 Last Updated At:22:11

LOS ANGELES--(BUSINESS WIRE)--Mar 11, 2025--

Liminal Experiences, Inc, a new UGC gaming startup dedicated to harnessing artificial intelligence to empower human-centered creativity, has emerged from stealth with $5.8 million raised to date in seed funding. The investment comes from prestigious games industry backers, including BITKRAFT Ventures, Riot Games, and OTK Media Group, with participation from angel investors including Marc Merrill, founder of Riot Games. Liminal transforms creation into a game, making it possible for players to joyfully build their own RPG-style adventures. With powerful new AI tools players can craft their own immersive worlds, bring life to their original heroes, and collaborate with friends on epic adventures.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250311632975/en/

"AI in gaming is a sensitive topic, as many developers worry about being replaced, and players grapple with its ethical issues," says Liminal Experiences Founder and CEO Brendan Mulligan. "Wading into the debate is fraught, so most gaming companies avoid discussing AI while quietly exploring options internally. This leaves the public conversation to startups founded by tourists to the industry to pitch their vision of the future. There’s a real need for studios willing to stand for a positive vision of an AI-enabled future, which should come from developers focused on unleashing, not replacing, human creativity."

Mulligan believes the future of gaming is millions of players discovering their creativity and telling their stories to a global audience. Liminal enables worldbuilding with magic, not with code, making creation possible for anyone. Inspired by the innate way children create entire universes through play, the platform puts players of all ages inside the world of their imaginations. Liminal invites players to design their own narratives as episodic content, bringing forth new possibilities for worldbuilding.

The Liminal platform also provides existing beloved IPs with a badly needed solution for reaching a generation that has grown up with games and want to be met where they are. Mulligan explains, “We hear the same thing again and again from the teams behind some of our favorite universes, ‘we need a gaming/UGC strategy but the current solutions don’t make sense for our brand.’” With official episodes that can be remixed and shared, Liminal brings fandoms together to connect over the most immersive interaction fanfiction possible, letting them wield their imagination to bring to life their favorite characters and insert themselves into the story.

Liminal’s key features:

"A positive vision of the future should recognize the power of AI to ignite the imaginations of players of all ages, letting everyone realize the fantasy of making their own game experiences," says Mulligan. "At Liminal, we’re focused on centering humans in the creative process, ensuring that AI is a tool to create shared experiences that build communities, bringing players closer together."

Liminal remains in development with a planned 2026 alpha. Apply to playtest here, and follow the developer on X for additional updates.

About Liminal Experiences:

Liminal Experiences is a fully remote game development studio founded in 2022. Liminal believes in joyful creation and an AI-powered future that builds community and ignites human creativity rather than stifling it. Founder and CEO Brendan Mulligan spent 8 years at Riot Games variously leading investments and acquisitions, strategic business partnerships, League of Legends economy design, and more. He is joined by Technical Cofounder David Lieberman, previously Group Product Lead at Riot Games and VP of Engineering at no-code game engine Buildbox, and a passionate team of developers obsessed with storytelling and joyful creation.

Liminal Experiences, Inc Team Photo 2025 (Photo: Business Wire)

Liminal Experiences, Inc Team Photo 2025 (Photo: Business Wire)

WASHINGTON (AP) — The United States said Sunday it rescued a service member missing behind enemy lines since Iran downed a fighter jet, as President Donald Trump escalated pressure on Tehran with a new looming deadline to reopen the Strait of Hormuz.

Iran showed no signs of backing down, striking economic and infrastructure targets in neighboring Gulf Arab countries.

The airman’s extraction followed a U.S. search-and-rescue operation after the Friday crash of the F-15E Strike Eagle, as Iran also promised a reward for anyone who turned in an “enemy pilot.” Trump said he was injured but in stable condition.

“This brave Warrior was behind enemy lines in the treacherous mountains of Iran, being hunted down by our enemies, who were getting closer and closer by the hour,” Trump wrote on social media.

A second crew member was rescued earlier.

The fighter jet was the first American aircraft to have crashed in Iranian territory since the U.S. and Israel launched the war, striking Iran on Feb. 28. The war has since killed thousands, shaken global markets, cut off key shipping routes and spiked fuel prices. Both sides have threatened and hit civilian targets, bringing warnings of possible war crimes.

Trump said last week that the U.S. had “decimated” Iran and would finish the war “very fast.” Two days later, Iran shot down two U.S. military planes, showing the ongoing perils of the bombing campaign and the ability of a degraded Iranian military to continue to hit back.

As Iran continues to exert control over the Strait of Hormuz, Trump, in a weekend social media post, threatened to unleash “all Hell” if it isn’t opened by Monday. He has issued such threats before and extended them when mediators have claimed progress toward ending the war on agreeable terms.

The other jet to go down was a U.S. A-10 attack aircraft. Neither the status of the crew nor exactly where it crashed was immediately known.

On Sunday, Iran’s state TV aired a video showing what it claimed were parts of American aircraft shot down by Iranian forces, along with a photo of thick, black smoke rising into the air. The broadcaster said Iran had shot down an American transport plane and two helicopters that were part of the rescue operation.

However, a regional intelligence official briefed on the mission told The Associated Press that the U.S. military blew up two transport planes due to a technical malfunction, forcing it to bring in additional aircraft to complete the rescue. The official spoke on condition of anonymity to discuss the covert mission.

Iran’s military joint command on Sunday claimed that four U.S. aircraft were destroyed during the rescue operation and warned of stepping up retaliatory attacks on regional oil and civilian infrastructure if the U.S. and Israel attacked such targets in the Islamic Republic, according to state television.

“We once again repeat: if you commit aggression again and strike civilian facilities, our responses will be more forceful,” a spokesman said in comments run by IRNA news agency.

In Kuwait, Iranian drone attacks caused significant damage to power plants and a petrochemical plant. They also put a water desalination station out of service, according to the Ministry of Electricity. No injuries were reported, the ministry said.

In Bahrain, a drone attack caused a fire at one of the national oil company’s storage facilities and a state-run petrochemical plant, the kingdom’s official news agency said.

In the United Arab Emirates, authorities responded to fires at a petrochemical plant in Ruwais that they said were caused by intercepted debris, halting operations.

The strikes came a day after Israel struck a petrochemical plant in Iran that Prime Minister Benjamin Netanyahu said generated revenue that it had used to fund the war.

The petrochemical industry is a key sector in many Gulf states. Plants in Bahrain, Kuwait, the UAE and Iran convert oil and gas into products like plastics, polymers and fertilizer, bringing in billions in export revenue.

Trump renewed his threats for Iran to open up the Strait of Hormuz by Monday or face consequences, writing Saturday in a social media post: “Remember when I gave Iran ten days to MAKE A DEAL or OPEN UP THE HORMUZ STRAIT. Time is running out — 48 hours before all Hell will reign down on them.”

The waterway is a critical chokepoint for commerical trade, especially oil and gas moving from the Persian Gulf to Europe and Asia. Disruptions there have injected volatility into the market and pushed oil and gas-importing countries to seek alternative sources.

“The doors of hell will be opened to you” if Iran’s infrastructure is attacked, Gen. Ali Abdollahi Aliabadi with the country’s joint military command said late Saturday in response to Trump’s renewed threat, state media reported. In turn, the general threatened all infrastructure used by the U.S. military in the region.

Pakistan’s Foreign Ministry spokesperson, Tahir Andrabi, told AP that his government’s efforts to broker a ceasefire are “right on track” after Islamabad last week said that it would soon host talks between the U.S. and Iran.

Mediators from Pakistan, Turkey and Egypt were working to bring the U.S. and Iran to the negotiating table, according to two regional officials.

The proposed compromise includes a cessation of hostilities to allow a diplomatic settlement, according to a regional official involved in the efforts and a Gulf diplomat briefed on the matter. They spoke on condition of anonymity to discuss closed-door diplomacy.

More than 1,900 people have been killed in Iran since the war began.

In Gulf Arab states and the occupied West Bank, more than two dozen people have died, while 19 have been reported dead in Israel and 13 U.S. service members have been killed. In Lebanon, more than 1,400 people have been killed and more than 1 million people have been displaced. Ten Israeli soldiers have died there.

This report has been corrected to show that Borealis is an Austrian company, not Australian.

Metz reported from Jerusalem and Magdy from Cairo. Jon Gambrell in Dubai, United Arab Emirates, and Munir Ahmed in Islamabad contributed to this report.

Vehicles and motorcycles move past an anti-U.S. billboard depicting the American aircrafts into the Iranian armed forces fishing net with signs that read in Farsi: "The Strait of Hormuz will remain closed, The entire Persian Gulf is our hunting ground," at the Eqelab-e-Eslami, or Islamic Revolution square in downtown Tehran, Iran, Sunday, April 5, 2026. (AP Photo/Vahid Salemi)

Vehicles and motorcycles move past an anti-U.S. billboard depicting the American aircrafts into the Iranian armed forces fishing net with signs that read in Farsi: "The Strait of Hormuz will remain closed, The entire Persian Gulf is our hunting ground," at the Eqelab-e-Eslami, or Islamic Revolution square in downtown Tehran, Iran, Sunday, April 5, 2026. (AP Photo/Vahid Salemi)

In this image provided by Sepahnews, the Iranian Revolutionary Guard's official website, wreckage is shown at what Iran's state TV claimed was the site of a downed American transport plane and two helicopters involved in a rescue operation, in Isfahan province, Iran, April, 2026. (Sepahnews via AP)

In this image provided by Sepahnews, the Iranian Revolutionary Guard's official website, wreckage is shown at what Iran's state TV claimed was the site of a downed American transport plane and two helicopters involved in a rescue operation, in Isfahan province, Iran, April, 2026. (Sepahnews via AP)

In this image provided by Sepahnews, the Iranian Revolutionary Guard's official website, wreckage is shown at what Iran's state TV claimed was the site of a downed American transport plane and two helicopters involved in a rescue operation, in Isfahan province, Iran, April, 2026. (Sepahnews via AP)

In this image provided by Sepahnews, the Iranian Revolutionary Guard's official website, wreckage is shown at what Iran's state TV claimed was the site of a downed American transport plane and two helicopters involved in a rescue operation, in Isfahan province, Iran, April, 2026. (Sepahnews via AP)

In this image provided by Sepahnews, the Iranian Revolutionary Guard's official website, black smoke rises into the air at what Iran's state TV claimed was the site where an American transport plane and two helicopters involved in a rescue operation were shot down, in Isfahan province, Iran, April, 2026. (Sepahnews via AP)

In this image provided by Sepahnews, the Iranian Revolutionary Guard's official website, black smoke rises into the air at what Iran's state TV claimed was the site where an American transport plane and two helicopters involved in a rescue operation were shot down, in Isfahan province, Iran, April, 2026. (Sepahnews via AP)

In this image provided by Sepahnews, the Iranian Revolutionary Guard's official website, wreckage is shown at what Iran's state TV claimed was the site of a downed American transport plane and two helicopters involved in a rescue operation, in Isfahan province, Iran, April, 2026. (Sepahnews via AP)

In this image provided by Sepahnews, the Iranian Revolutionary Guard's official website, wreckage is shown at what Iran's state TV claimed was the site of a downed American transport plane and two helicopters involved in a rescue operation, in Isfahan province, Iran, April, 2026. (Sepahnews via AP)

Members of Lebanon's General Security stand at the Masnaa border crossing in the Bekaa valley, eastern Lebanon, Sunday, April 5, 2026. (AP Photo/Bilal Hussein)

Members of Lebanon's General Security stand at the Masnaa border crossing in the Bekaa valley, eastern Lebanon, Sunday, April 5, 2026. (AP Photo/Bilal Hussein)

A man, who fled Israeli bombings in southern Lebanon with his family, sleeps in his car used as shelter, along a seaside promenade in downtown Beirut, Lebanon, Sunday, April 5, 2026. (AP Photo/Emilio Morenatti)

A man, who fled Israeli bombings in southern Lebanon with his family, sleeps in his car used as shelter, along a seaside promenade in downtown Beirut, Lebanon, Sunday, April 5, 2026. (AP Photo/Emilio Morenatti)

Followers of Iraq's Shiite cleric Muqtada al-Sadr chant slogans as they wave national Iraqi flag during a protest against U.S. and Israeli attacks on multiple cities across Iran, in Tahrir Square, Baghdad, Baghdad, Iraq, Saturday, April 4, 2026. (AP Photo/Hadi Mizban)

Followers of Iraq's Shiite cleric Muqtada al-Sadr chant slogans as they wave national Iraqi flag during a protest against U.S. and Israeli attacks on multiple cities across Iran, in Tahrir Square, Baghdad, Baghdad, Iraq, Saturday, April 4, 2026. (AP Photo/Hadi Mizban)

A bedroom is damaged in a building struck in an Israeli airstrike in the southern port city of Tyre, Lebanon, Saturday, April 4, 2026. (AP Photo/Mohammed Zaatari)

A bedroom is damaged in a building struck in an Israeli airstrike in the southern port city of Tyre, Lebanon, Saturday, April 4, 2026. (AP Photo/Mohammed Zaatari)

Pedetrians walk by a destroyed building within the Grand Hosseiniyeh, with the mosque visible in the background, which officials at the site say was hit by U.S.-Israeli airstrikes Tuesday, in Zanjan, Iran, Saturday, April 4, 2026. (AP Photo/Francisco Seco)

Pedetrians walk by a destroyed building within the Grand Hosseiniyeh, with the mosque visible in the background, which officials at the site say was hit by U.S.-Israeli airstrikes Tuesday, in Zanjan, Iran, Saturday, April 4, 2026. (AP Photo/Francisco Seco)

Police officers and their horses take cover in an underground parking garage as sirens warn of an incoming missile fired from Yemen in Tel Aviv, Israel, Saturday, April 4, 2026. (AP Photo/Maya Levin)

Police officers and their horses take cover in an underground parking garage as sirens warn of an incoming missile fired from Yemen in Tel Aviv, Israel, Saturday, April 4, 2026. (AP Photo/Maya Levin)

A man looks at a destroyed building within the Grand Hosseiniyeh complex that officials say was hit by U.S.-Israeli airstrikes Tuesday in Zanjan, Iran, Saturday, April 4, 2026. (AP Photo/Francisco Seco)

A man looks at a destroyed building within the Grand Hosseiniyeh complex that officials say was hit by U.S.-Israeli airstrikes Tuesday in Zanjan, Iran, Saturday, April 4, 2026. (AP Photo/Francisco Seco)

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