After asserting a $30 million Sequence A funding in September 2022, Hadean now raised a further $5 million. The brand new funding will probably be used to additional the enlargement of its metaverse infrastructure answer.
Traders included Ericsson Ventures, Metrea Discovery, Sanctor Capital, Tirta Ventures and VU Enterprise Companions. The preliminary $30 million funding spherical was led by Molten Ventures.
“We are thrilled to have the support of such a diverse and experienced group of investors. This additional funding will enable us to continue the significant progress we have made off the back of our Series A and expedite the advancement of our cloud-based solutions for the metaverse,” commented CEO Craig Beddis.
“Our objective is to bridge physical and virtual worlds to improve decision-making, support the creator economy and, ultimately, enhance the quality of life in the real world,” he added.
“Together with 5G, Hadean will unlock unlimited possibilities within the metaverse. Ericsson Ventures is excited to support Hadean in its journey to further drive the immersive experience for both enterprises and consumers,” mentioned Paul McNamara, the vp company growth at Ericsson Ventures.
Up to now, Hadean has helped energy large-scale functions like the ten,000-strong house battle occasion Aether Wars in EVE On-line and likewise helped create a digital duplicate of Estonia.
A latest partnership with Linked Locations Catapult additionally noticed Hadean growing eHighways to extend sustainable transport.
