Tech Company Financing Transactions
Futureverse Funding Round
Futureverse closed a $54.00 Series A venture capital round on 7/18/2023. Investors included 10T Holdings and Ripple.
Transaction Overview
Company Name
Announced On
7/18/2023
Transaction Type
Venture Equity
Amount
$54
Round
Series A
Investors
10T Holdings (Lead Investor)
Proceeds Purpose
The company intends to use the funds to continue developing its technology, including its platform featuring "Powered By Futureverse" tools and products, and The Root Network, a blockchain and suite of protocols with ready-made runtimes for building metaverse apps, games and experiences.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
17 South Street Newton
Auckland, 1010
NZ
Auckland, 1010
NZ
Phone
Undisclosed
Website
Email Address
Overview
Futureverse is a technological and cultural foundation for the open metaverse where creators, companies and communities conjure their future. The Futureverse infrastructure enables companies and creators to deliver the open metaverse experience that they want for their audience. A seamless portal in and out of all apps in the metaverse, Futureverse allows users to travel with a passport, friends, communications, finances and content.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Aaron McDonald
Chief Technical Officer
Marco Brondani
Co-Founder
Shara Senderoff
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About Database of VC Transactions
Our team works diligently to document all VC transactions involving tech companies. VC investment data records reported here are derived from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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