Pixelverse has received US$5.5 million in funding to drive VR and AR innovation
Pixelverse, a wired-based crypto-gaming ecosystem, raised $5.5 million to fund continued development.
Pioneer Pixelverse, a leader in the virtual reality (VR) and augmented reality (AR) space, won $5.5 million in its latest funding round. This huge investment is a testament to the company’s take on the alternative, which is the growing influence in the rapidly expanding digital space.
It was led by early-stage fund Tech Ventures, with additional participation from several venture capitalists, including Digital Horizons and Future Tech Capital
The tap-to-earn video game, which users can easily start playing through the Telegram messaging app, said in a statement that a long list of investors had entered the contest, including Delphi Ventures, Merit Circle, and Junmo (James), former CEO of Nexon; There was also) Kwon, who now runs Delabs Games.
Like other Telegram-based Web 3 games, such as Hamster Kombat and Not Coin, including Pixelverse, users can access a popular messaging application among the crypto community and play the title Games that continue to give users access to crypto.
“We’re thrilled to be supporting Pixelverse as they actively use Telegram content to drive more audiences into their ecosystem,” Delphi Ventures founding partner Pierce Kicks said in a statement.
The statement added that other investors who participated in the round included Bit Scale Capital, Goff Capital, Big Brain Holdings, Liquid X, Foresight Ventures, and The Sandbox founder Sebastian Bourget.
Conclusion: Pixelverse’s successful US$5.5 million funding round highlights the company’s innovation and its ability to lead the VR-AR industry with new investments driving product development.