Fundraising Fox

Paracosmic

Entrepreneur First '25

London, GB · Founded 2025 · 1 known investors

paracosmic.com

Paracosmic builds a platform that converts text prompts and images into playable game environments without requiring a traditional game engine. Its world-model system generates maps, characters, and narrative elements for game studios and creators of user-generated content.

Also known as Paracosmic

Gaming

Founders & leadership

Paracosmic was founded in 2025 by Harry Hamer and Rafael Frančišek Irgolič.

HHHarry Hamer
Harry HamerinFounder2025–2026Harry previously invested at London Venture Partners, one of the largest seed-stage funds focused on gaming. Across more than 20 investments, he supported over 10 game launches and in excess of $100M in fundraising.
RFRafael Frančišek Irgolič
Rafael Frančišek IrgoličinCTORafael is starting his second company, having built AutoPR, an early autonomous pull request bot, and joined Guardrails AI as its first employee. He also competed at a high level in Splatoon, peaking at sixth in the world.

Investors · 1

Company profile

researched Aug 2026

Paracosmic is a London-based artificial intelligence company developing an "engine-less" platform that converts text prompts and images into interactive game environments. Its world-model technology is used by game developers to generate maps, characters, and narratives, replacing manual world-building steps in the production pipeline and supporting the creation of user-generated game experiences.

Publicly available material on the company is limited. Paracosmic appears in a London startup directory listing of AI companies, where it is categorised under AI and tagged at seed stage, with a description matching the company's engine-less, prompt-to-world game creation positioning. No product documentation, customer names, pricing, or financial disclosures were found in the available sources. The company's stated domain, paracosmic.com, currently resolves to a domain-broker listing page offering the name for sale rather than to a company website, so no first-party web presence could be verified from the sources reviewed.

Business model

Sources describe Paracosmic as supplying world-model generation technology to game developers and studios, but contain no information on how the company charges for or packages that technology.

Traction

No traction metrics, customer counts, or usage figures appear in the available sources.

Latest developments

The domain paracosmic.com is listed for sale by a domain broker at an asking price of $30,095, indicating the company does not currently operate a site at that address.

Full profile — market position, technology, go-to-market, geography, risks & controversies

Market position

Listed among AI startups in a London startup directory at seed stage; no market share, ranking, or comparative data is available in the sources.

Technology

A world-model system that takes text prompts and images as input and produces interactive game environments, including maps, characters, and narratives, without a traditional game engine.

Go-to-market

Game developers and studios, including those producing user-generated game content, according to the London startup directory listing.

Geography

Identified as part of the London, UK startup ecosystem via a London-focused AI startup directory.

Risks & controversies

Public information is sparse and the company's nominal domain is offered for sale by a third-party domain reseller, which complicates verification of its online presence. Several unrelated entities share the Paracosmic name, including an Australian rave-apparel retailer and a Madrid-based music label, creating identification ambiguity.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Funding stageJan 2026Seed

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Paracosmic do?
London AI startup whose engine-less platform turns text prompts and images into playable game environments.
Who founded Paracosmic?
Paracosmic was founded by Harry Hamer, Rafael Frančišek Irgolič in 2025.
Who are Paracosmic's investors?
Paracosmic's investors include Entrepreneur First.
Where is Paracosmic headquartered?
Paracosmic is headquartered in London, GB.