Metaverse

Singapore’s Mighty Jaxx nets $20M in Series A+ funding led by East Ventures

Mighty Jaxx announced Monday the first close of $20 million in its oversubscribed Series A+ funding round, pushing the company’s valuation to over $200 million. The funding round, fuelled by burgeoning interest in the phygital and metaverse future, was led by East Ventures (Growth Fund) and includes new strategic investor Mirana Ventures - the venture…

Hong Kong NFT platform UCOLLEX raises $10M series A round led by Animoca Brands

UCOLLEX has successfully completed a $10 million Series A funding round led by Animoca Brands and MCP IPX One Fund (IPX Fund). The raise will enable UCOLLEX to invest extensively in blockchain technology and establish metaverse frontiers, creating exciting NFT experiences for pop culture communities.

Singapore metaverse startup BuzzAR gets $3.8M from F50 Elevate and others

BuzzAR has raised $3.8 million seed funding to create an inclusive metaverse. The round is oversubscribed with participation from F50 Elevate in Texas, USA, regional venture capitals (VCs), angels including former Marina Bay Sands executive Ian Wilson, IP & Brand Protection expert Peter Hlavnicka. BuzzAR will use the seed funding to hire, set up a…

Singapore “Create2Earn” metaverse Chillchat closes $1.85M seed equity funding round led by Solana Ventures

Chillchat has raised $1.85 million in seed equity funding led by Solana Ventures. Bringing Chillchat’s equity valuation to US$10 million, the seed equity round included participation from key blockchain-gaming and Web3 leaders: FTX Ventures, Animoca Brands, Griffin Gaming Partners, A&T Capital, YGGSEA; plus Infinity Ventures Crypto, Diamond Hands…

Binance partners with South Korean entertainment firm YG Entertainment to develop metaverse, NFT and gaming opportunities

Binance has partnered with YG Entertainment (YG) to develop metaverse, non-fungible token (NFT) and gaming opportunities. As part of the strategic partnership, Binance and YG will cooperate on a range of blockchain projects, including collaborations in the NFT space. Binance will provide the NFT platform and technology infrastructure while YG will supply…

Hong Kong’s The Sandbox partners with Warner Music to create music-themed world in the metaverse

The Sandbox announced Thursday that it has partnered with Warner Music Group (WMG) to create the first music-themed world in The Sandbox gaming metaverse. A combination of musical theme park and concert venue, the Warner Music Group LAND in The Sandbox will feature concerts and musical experiences featuring WMG’s leading roster of artists,

The Sandbox and Brinc announce $50M Open Metaverse Accelerator Program funding for 100 startups

The Sandbox, a decentralized gaming metaverse and a subsidiary of Animoca Brands, has committed $50 million to Brinc, a global venture accelerator, for The Sandbox Metaverse Accelerator Program, which will target 100 startups to enhance the open metaverse.

Kakao-backed blockchain platform Klaytn inks five key partnerships for global expansion

Klaytn, a public blockchain platform developed by internet giant Kakao Corp, has signed five key partnership deals to pursue its global expansion plans.Its mandate for 2022 is to be the blockchain of choice gaming and metaverse projects, while pursuing continued integration with the defi ecosystem.

Building a world where the next 1,000 Pokemon GOs are built [Podcast Q&A]

Our “why” at SuperWorld is how do we build a better world? How do we leverage technologies like augmented reality and virtual reality, blockchain, artificial intelligence? How do we bring all these technologies together to actually improve the world and enhance humanity? Those are the kinds of questions that propel us forward.