March 15, 2024
Thirdverse, a web3 and virtual reality game studio, has completed an $11.3 million funding round. This latest addition brings the total raised in its Series D round to $11.3 million, with a significant $3.3 million contributed through a third-party allotment of shares underwritten by Nissay Capital Co. and VeriServe Corp.
Project | Latest Raise | Latest Raise | Stage | Total Raise | Lead Investor | Category |
|---|---|---|---|---|---|---|
Thirdverse | Mar 15, 2024 | $3.3M | Series D | $47.2M | Nissay Capital | Augmented Reality, Gaming |
Based in Tokyo, Japan, the company has reached a cumulative total funding of $42 million. The funds raised will support the strengthening of Thirdverse’s development teams and infrastructure for its virtual reality games, including the newly released title X8, launched on November 9. Additionally, the company will focus on the ongoing development of Soul Covenant and the initiation of new projects.
Third verse is known for developing and operating multiplayer virtual reality games. The company aims to create immersive gaming experiences and has positioned itself as a key player in the evolving virtual reality market.
The new funding will enable Thirdverse to enhance its capabilities in developing high-quality VR games that appeal to a broad audience. The company’s focus on continuous improvement is evident in its efforts to upgrade its games and initiate new projects that advance virtual reality gaming.
Thirdverse CEO Hironao Kunimitsu initially announced the Series D funding round in November, highlighting the company’s plans for growth and development in the VR space. The recent funding from Nissay Capital and VeriServe Corp. further strengthens the company’s financial position, allowing it to execute its strategic initiatives effectively.
The company's flagship game, X8, has garnered attention for its immersive gameplay and advanced VR technology. The game’s successful release demonstrates Thirdverse’s expertise in creating engaging virtual reality experiences. The ongoing development of Soul Covenant, another highly anticipated title, reflects the company’s commitment to expanding its portfolio of high-quality VR games.
Thirdverse’s strategic vision includes developing new games and continuously improving its existing titles. The company’s dedication to providing a seamless and enjoyable gaming experience is reflected in its focus on strengthening its development teams and infrastructure.
Support from leading investors like Nissay Capital and VeriServe Corp. underscores confidence in Thirdverse’s potential to drive innovation in the VR gaming industry. These investments are crucial for the company as it aims to expand its market presence and deliver cutting-edge gaming experiences to a global audience.
About Thirdverse:
Thirdverse is a web3 and virtual reality game studio developing and operating multiplayer games. The company leverages blockchain technology to create immersive gaming experiences that appeal to a wide range of players.
Website: https://www.thirdverse.io/en/
X Account: https://x.com/Thirdverse_US
About Investor
Investor: Nissay Capital
Description: Nissay Capital is a prominent investment firm known for supporting innovative technology companies. The investment in Thirdverse highlights the company’s potential to revolutionize the VR gaming industry.
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