June 12, 2024
Yuliverse, the first-of-its-kind parallel reality gaming metaverse, has successfully raised $4 million in a Pre-A round funding LED BY Lingfeng Capital. This significant milestone marks a new chapter in the evolution of the gaming metaverse, setting the stage for an immersive, interactive, and interconnected gaming experience.
Project | Latest Raise | Latest Raise Date | Stage | Total Raise | Lead Investor | Category |
|---|---|---|---|---|---|---|
Yuliverse | $4M | June 12, 2024 | Pre-Seed A | $6M | Lingfeng Capital | Gaming |
The funding round saw contributions from a diverse group of investors. Lingfeng Capital, Presto Labs, 2PunksCapital, HC Ventures, G20 Ventures, Spyre Capital, and Ultiverse all participated in this round, demonstrating their confidence in Yuliverse’s vision and potential.
The funds raised will be instrumental in helping Yuliverse build the next-generation GameFi + DePIN model. This innovative model leverages user location and behavior data to create what is set to become the largest decentralized personal behavior data network. By harnessing the power of decentralized data, Yuliverse aims to revolutionize the gaming industry, offering players a uniquely personalized and engaging gaming experience.
About Yuliverse
Yuliverse is a pioneering platform in the realm of parallel reality gaming metaverses. It stands out from traditional role-playing games by offering a game-based social application that has been gaining traction globally. Yuliverse provides an immersive social play experience, incorporating elements from popular games like Pokemon Go and Tinder.
The gameplay unfolds in an alternate reality, allowing players to connect and socialize with like-minded individuals within their city, all while embarking on an exciting adventure. Yuliverse has established a substantial network of data contributors who enhance data confidence through AI-verified evidence, multi-party cross-referencing, and staking-as-confidence mechanisms.
Yuliverse offers an engaging gameplay experience with two modes: solo play and social play. In both modes, players navigate to designated points on a GPS-based map, collecting rewards and interacting with other players. The solo play mode allows players to embark on individual quests, while the social play mode encourages interaction and collaboration with other players.
The platform is also committed to leveraging user location and behavior data to create the largest decentralized personal behavior data network. This innovative approach not only enhances the gaming experience but also paves the way for a new era of personalized and engaging gaming.
Website: https://www.yuliverse.com/
X Account: https://x.com/TheYuliverse
X Followers today: 960,584
X Followers 30 days ago: 965,461
X Change: -4,877 (-0.51%)
About Investor
Investor: Lingfeng Capital
Lingfeng Capital is a leading venture fund in Asia that specializes in early-to-growth-stage investments. Established in 2015, the firm is committed to empowering the digital economy and fintech sector by investing in early-stage technology companies.
The firm’s investment focus is primarily on Greater China and ASEAN, with targeted exposure in the UK and EU. Lingfeng Capital is known for its investment in high-impact applications of industrial Internet/IoT space and enabling technologies that drive the trend of industrial digital transformation, such as AI, blockchain, cloud, data analysis, security, semiconductors, robots, and high-performing computing.
Location: Hong Kong
Website: https://www.lif.global/
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