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Metaverse Startup Raises $54 Million From Investors Including Ripple

Published 19/07/2023, 07:06
Metaverse Startup Raises $54 Million From Investors Including Ripple
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  • 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…

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