September 30, 2024
SecondLive, an AI and XR Social Nexus, has secured $12 million in private funding. This investment, led by Crypto.com and supported by Cypher Capital and others, will enable SecondLive to accelerate its growth. The funds will be used to enhance its AI capabilities for creating virtual spaces for large events, develop spatial web infrastructure, build social networks, and support creator economic activities. With this round, SecondLive’s total funding now stands at $15 million.
Project | Latest Raise | Latest Raise Date | Stage | Total Raise | Lead Investor | Category |
|---|---|---|---|---|---|---|
SecondLive | $12M | September 30, 2024 | Private Round | $15M | AI |
About SecondLive
SecondLive is a virtual world where people can create and explore digital spaces. It’s like a big online community where you can design your own avatar, attend virtual events like concerts and workshops, and even create and sell your own digital content. Think of it as a mix of social media, gaming, and virtual reality, all in one place. With over a million users, SecondLive aims to build a vast, interactive metaverse where people can express themselves and connect with others in a digital universe.
Website: https://secondlive.world/
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About Investor
Investor: Crypto.com
Crypto.com Capital is the investment arm of Crypto.com, dedicated to helping early-stage Web3 startups grow. With $500 million set aside for investments, they support new companies by providing funding, expertise, and access to a global network. Their goal is to help these startups succeed in the rapidly evolving world of blockchain and cryptocurrency.
Location: Singapore
Website: https://crypto.com/sg/capital
A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.
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