- Gaming startup Ultiverse received $4 million in investment.
- The strategic funding round was led by IDG Capital.
- The management stated that the funds will be used for further development of the platform and the launch of new products.
AI gaming platform Ultiverse raises $4 million in new strategic round led by IDG Capital. Проект получил финансирование от ряда инвесторов: Animoca Brands, Morningstar Ventures, Manta Network, Polygon Ventures и DWF Labs.
As Ultiverse director Frank Ma noted, the capital will allow the team to accelerate the development of an AI platform designed to create Web3 games. He also announced the launch of Ulti-Pilot, a new concept of avatars controlled by artificial intelligence that will allow sharing gaming experiences in the metaverse.
Note that the project was founded by Frank Ma, Jimmy Liu and Joe Chou in 2022. As of December 2023, the number of registered Ultiverse users has exceeded 7.3 million.
The platform has previously raised funds from Binance Labs, SkyVision Capital, Three Arrows Capital and other funds, according to Cryptorank. Thanks to a new round of funding, the startup’s valuation is close to $150 million.
Let us remind you that we have detailed instructions on what activities should be completed in order to qualify for a possible drop from Ultiverse:
Alexander PisheninIn October 2023, GameFi startup Forge attracted $11 million in investments. Another gaming platform, Arcade2Earn, received $4.8 million from Solana Ventures and other investors.