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Metaverse is the rising and the hottest technological field across the world. There are a series of rounds to nab the highest metaverse funding to develop the bridge between augmented reality, blockchain, and the real world. A metaverse company can enhance the digital world in the tech market if it can receive millions of dollars of metaverse funding. Thus, the tech market must be aware of the existing and ongoing metaverse funding that is helping a metaverse company to grow with augmented reality and many other cutting-edge technologies.
Gamefam, a publisher and developer that works in Roblox has secured US$25 million in venture metaverse funding to create games on Roblox. Joe Ferencz, CEO of Gamefam, said his studio is going to expand the headcount to become the first Roblox developer to cross more than 125 game developers. The funding was led by Konvoy Ventures with additional participation from Play Ventures, Makers Fund, Bessemer Venture Partners, and Galaxy Interactive.
MetaverseGo, a web 3.0 app that offers easy access to Play-and-Earn Games, Guilds, NFTs, and decentralized applications, successfully raised US$4.2 million through a seed backing round led by Galaxy Digital's Galaxy Interactive unit. The metaverse funding will be used for the development of software, the signing of contracts with telecommunications service providers, and the hiring of key talents from the global tech market.
In its continuing series B funding round, the South Korean metaverse business Anipen received investments totaling 16 billion Korean won (about US$12 million), according to Forkast. The metaverse company is a deep learning-based metaverse platform developer with a focus on artificial intelligence (AI), augmented reality (AR), and extended reality (XR) (AI). AnibeaR, the company's flagship service, is a three-dimensional mobile app that enables users to produce AR-enhanced video content utilizing well-known kid-friendly animated characters like Hello Kitty and the Teletubbies.
Animoca Brands, a Hong Kong-based game software company, is one of the Global leaders in games, blockchain, and AI and has closed another strategic funding round, giving the company additional resources to expand its acquisition targets in the metaverse sector. The metaverse company disclosed that it has completed a US$75.32 million investment round with a US$5.9 billion pre-money value, supported by investors like Liberty City Ventures, Kingsway Capital, Alpha Wave Ventures, 19T, and SG Spring Limited Partnership Fund.
MELON, a metaverse development firm, recently declared that it had secured US$5 million in seed funding. The game development team has created experiences for partners and clients like the NFL, Chipotle, Mattel, Clarks, and PacSun in addition to several significant music events on Roblox. Over the coming years of crucial expansion in the multiverse, the company aims to create some of the most influential experiences in music, film and TV, fashion, and sports in the tech market.
BUD, the largest open metaverse platform with millions of players and user-generated digital assets, powered by blockchain technology that allows users to create and share 3D interactive content with friends, has raised US$36.8 million in its series B round in the global tech market. BUD has landed US$15 million funding in a Series A+ round in February as a popular metaverse company. BUD is taking the user experience a step further with plans to introduce a marketplace for non-fungible tokens (NFTs).
AMGI Studios has successfully nabbed a fortune worth of metaverse funding to work on NFT games and a metaverse to bridge Web3.0 and Hollywood. The investors are Yield Guild Games, Bitkraft Ventures, and Delphi Digital. The funding will be used to connect all kinds of virtual worlds.
Everdome is known as a Dubai-based metaverse company that has secured US$10 million metaverse funding from the Bahama-based investment group known as GEM Digital Limited. The metaverse funding will help the company to control the timing and the number of drawdowns under the facility without any minimum drawdown obligation.
The sports community of metaverse, Stadium Live, has raised US$10 million in Series A round to expand the digital world for GenZ. The metaverse company enables customization of players' avatars as well as purchasing digital collectibles through live matches and sports streams. The investors are KB Partners and Union Square Ventures which led the company's total valuation to US$32 million.
Condense has nabbed US$4.5 million as a metaverse live streaming startup. The main aim is to develop hybrid virtual and real-world event technology. It leverages cloud platforms to provide plugins for businesses for integrating the 3D video into the applications. It is also focused on marketing its technology to the metaverse developers as well as other digital venues.
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