👀 Ones to watch: The MOST undervalued stocks to buy right nowSee Undervalued Stocks

Metaverse Startup Raises $54 Million From Investors Including Ripple

Published 19/07/2023, 07:06
Metaverse Startup Raises $54 Million From Investors Including Ripple
XRP/USD
-

  • Metaverse and artificial intelligence startup Futureverse has raised $54 million in its Series A round.
  • The funding round was led by 10T Holdings and attracted investment from crypto giant Ripple Labs as well.
  • The startup is behind the NFT collection FLUF World and a mobile soccer game called AI League.

Metaverse and artificial intelligence startup Futureverse recently concluded its Series A round where it raised a whopping $54 million at an undisclosed valuation. The funding round was led by crypto investment firm 10T Holdings and drew investment from crypto giant Ripple Labs as well. Futureverse boasts a suite of proprietary AI content generation tools designed to enhance the metaverse.

According to a report by Bloomberg, Futureverse founders Aaron McDonald and Shara Senderoff refused to reveal their metaverse startup’s valuation following the funding round. Their startup combines 11 metaverse infrastructure and content companies from sectors, including blockchain, artificial intelligence, the metaverse, and gaming.

Among Futureverse’s notable products are an NFT collection called FLUF World and a FIFA-licensed mobile soccer game called AI League. Th…

The post Metaverse Startup Raises $54 Million From Investors Including Ripple appeared first on Coin Edition.

The post Metaverse Startup Raises $54 Million From Investors Including Ripple appeared first on Coin Edition.

Read more on Coin Edition

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2024 - Fusion Media Limited. All Rights Reserved.