Ericsson Ventures · 6

Metaverse infrastructure developer Hadean has completed a new round of financing. Yuga Labs invests, and the amount of financing has not yet been disclosed

Comparing news, metaverse infrastructure developer Hadean has completed a new round of financing. Yuga Labs has invested, and the amount of financing has not yet been disclosed. Yuga Labs said Hadean provided key technology for Yuga's platform, optimized for high-fidelity virtual experiences, and brought creators and players together on a large scale. Hadean announced a $5 million funding round in March this year, with Ericsson Ventures, Metrea Discovery, VU Venture Partners, Sanctor Capital, and Tirta Ventures participating.

1048d agoBTC2025NB#Hadean #Yuga Labs

Yuga Labs makes strategic investment in spatial computing company Hadean

According to a press release, Yuga Labs today announced a new strategic investment in spatial computing company Hadean. The exact amount has not yet been announced. The new funding will be used to support Hadean to establish a team in the US to assist Yuga Labs in implementing its technology stack to address the challenges of large-scale concurrency. According to previous information, Hadean successfully completed a $5 million round of financing in March of this year, with investors including Ericsson Ventures, Metrea Discovery, VU Venture Partners, Sanctor Capital, and Tirta Ventures.

1051d agokatielin#Ericsson Ventures #Hadean #Metrea Discovery #Sanctor Capital #Tirta Ventures #VU Venture Partners #Yuga Labs #stacks #concurrent #A strategic investment #technology

01 Yuanuniverse Weekly Report | Henan's digital transformation strategy plan has been released, and cultivating and developing the metaverse industry has become one of the priorities Alibaba is leading the digital twin software company in surveying and intelligent mapping

Policy Express 1. Henan Province's digital transformation strategy work plan was released. Cultivating and developing the metaverse industry became one of the priorities. On March 30, the Henan Manufacturing Provincial Construction Leading Group Office issued the “2023 Henan Digital Transformation Strategy Work Plan”, which regards cultivating and developing the metaverse industry as one of the important tasks. The “Plan” proposes to support Zhengzhou in striving to create a national metaverse innovation application pilot zone, accelerate the construction of a provincial metaverse science and technology innovation industrial park and transition space, introduce and implement a number of R&D institutions and enterprises with advanced domestic standards, launch the construction of a metaverse digital space infrastructure platform, build 30 demonstration application scenarios, and strive to build a national metaverse industry development highland. 2. Zhejiang supports the layout of a number of new future industrial pilot zones in the metaverse, intelligent manufacturing, etc. On March 30, the Zhejiang Economic and Credit Department issued the “Notice on Key Points for Economic and Credit System Technology Innovation and Intelligent Manufacturing Work in the Province in 2023", encouraging all regions to actively plan and cultivate future industrial pilot zones based on the industrial base and innovative resource advantages. Establish and improve an evaluation index system for future industrial pilot zone construction, carry out construction evaluations for the first batch of future industrial pilot zones cultivated, and focus on supporting the layout of a number of future industrial pilot zones in fields such as the metaverse, cutting-edge new materials, future medical care, and new future manufacturing models. Industry News 3. Samsung Vice President Jin Jinglun: The annualized growth of the metaverse is expected to be 67%, respectively. On March 27, Kyungryun Kim (Kim), vice president of Samsung and general manager of the NAND Product Planning Group, said at CFMS2023 that Samsung expects the annualized growth of 67%, 31%, and 35% in the three major fields of metaverse, autonomous driving, and robotics, respectively. Not only will the Internet of Everything continue in new fields, but connected devices will also generate massive amounts of information data, from 79 ZB last year to 181 ZB in 2025, and as many as 10 smart devices per capita around the world by 2030. (36 krypton) 4. 01 Think Tank released the “China Metaverse Industry Policy Summary (March 2023 Edition)” on March 30. According to incomplete statistics from 01 Think Tank, 18 provincial (including municipalities directly under the Central Government, same below) and 24 municipal units across the country have issued about 114 policies that clearly support the metaverse industry. At present, the country has initially established a complete metaverse industry ecosystem. Dozens of representative companies at all levels are seizing the layout, while technology giants such as Tencent, Huawei, Ali, and ByteDance have already laid out the entire metaverse industry chain. 5. The first white paper on the Chinese cultural and creative cultural tourism metaverse was released on March 31. The first China Digital Cultural Tourism Metaverse Summit was held in Yiwu. The summit released the “2023 White Paper on the Chinese Cultural and Creative Cultural Tourism Metaverse” (hereinafter referred to as the “White Paper”). In terms of content, the white paper provides a large amount of high-quality content, from frameworks, systems, models, to industrial chains, technical systems, business systems, solutions, etc., and analyzes the challenges facing China's cultural, creative, cultural tourism metaverse industry. Furthermore, the white paper also mentioned that the development of China's cultural, creative cultural tourism metaverse industry has great potential. Domestic information 6. Tencent released the AI intelligent creative assistant “Tencent Smart Film” on March 30. At the 2023 New List Conference, Yao Tianheng, Deputy General Manager of Tencent's Content Platform Department, gave an opening speech through his digital “tycoon”. What is interesting is that this digital person is not only highly realistic in terms of image, but is also very realistic in terms of voice, tone, lip movements, etc., and even simulates Yao Tianheng's usual expressions and movements without hesitation. On this occasion, Tencent also officially released the new AI intelligent creation assistant “Tencent Smart Film” to help content creators improve quality and efficiency during content creation by providing a series of intelligent creation tools. (Qianjiang Evening News) 7. Hongxin Electronics: The company's mini LED display FPCs have been supplied in large quantities to leading international metaverse customers. On March 29, Hongxin Electronics said on an interactive platform that the company is very concerned about the metaverse explosion opportunities represented by VR, and that mini LED display FPCs have successfully mass-produced and supplied high-end products for leading international metaverse customers. At the same time, Hongxin Electronics has successfully obtained prototyping and order opportunities for various metaverse products from well-known domestic customers. (Interface) 8. iQiyi Adventure and JD Technology reached a strategic cooperation to lay out the direction of the industrial metaverse. On March 30, it was announced that Qingdao Dream Blossom Technology Co., Ltd., the parent company of iQiyi's XR (Extended Reality) brand Adventure, recently signed a strategic cooperation agreement with JD Technology. The two sides will give full play to their respective advantages and carry out innovative cooperation in the fields of building an intelligent platform for brand business, global user growth, and the industrial metaverse. (Beijing News) 9. Moving card technology will increase...

1231d ago01区块链#01 metaverse

Character.ai raised US$150 million; venture capital fund pi Ventures raised Rs220 million | Metaverse Investment and Financing Weekly Issue 46

According to Metaverse Heart analysis and monitoring data, there were 21 financing incidents in the primary market of metaverse-related enterprises this week, including 14 cases where the amount of financing was disclosed, with a total scale of nearly US$280 million. Compared with the previous period, the number of financing incidents is comparable to the total scale of financing. Judging from the number of financing incidents and distribution of funds, relevant investment institutions are focusing on the metaverse infrastructure sector. This week, Crypto 1 announced the establishment of the C1 Tier 2 Fund, which aims to invest $500 million in the secondary markets of blockchain, Crypto, Web3, and fintech companies. Additionally, it is worth noting that India's early-stage venture capital fund PI Ventures announced the completion of 220 million rupees of financing, and the Belgian COLRUYT GROUP participated in the investment. Pi Ventures said that this financing will enable it to complete Fund II fundraising. The fund has received support from institutions such as Accel and NIDIA, and will invest in fields such as artificial intelligence, blockchain, and deep technology. The metaverse is a technological revolution. With the explosion of the metaverse and the support of capital entry, more and more industries have also found new development paths. It must be said that the metaverse is still currently the first outlet for the development of digital economy culture. They all say “no action, food and grass first”. The basic situation in the investment and financing market can be said to be a weather vane for the metaverse industry and is worthy of our attention. Metaverse investment and financing industry distribution We mainly divided metaverse investment and financing events into three tracks: Web3.0, AR/VR, and other infrastructure, which were 11, 2, and 8, respectively. Judging from the funding scale of the disclosed amount incident, the metaverse infrastructure sector has the highest amount of investment and financing, with a disclosed financing scale of nearly US$212 million. Among them, Character.ai completed financing of 150 million US dollars at a valuation of 1 billion US dollars. There were 11 financing incidents in the Web 3.0 sector this week, and 5 have already been disclosed. The total financing scale dropped sharply from last week to only 58.5 million US dollars; while there were 2 financing incidents in the AR/VR sector, with a total financing scale of 8.3 million US dollars. METAVERSE Global Hot Financing Event ◉ Web3.0 [Particle Network] Project Description: Web3 Mobile App Development and Data Platform Round: Undisclosed Amount: $7 million Investors: Animoca, Longhash Ventures, GSR Ventures, HashKey, and OP Crypto, with LongHash Ventures and Insignia Ventures participating [Fetch.ai] Project Description: Web3 Agreement Round: Undisclosed Amount: $40 Million Investors: Undisclosed [Muverse] Project Description: Music NFT Exchange Round: Seed Round Amount: $6 million Investors: Syndicate Capital, Knights Templar Capital, Zonff Partners, Avatar DAO, Sunartland Ltd, and BNBlue Fox Limited participated [Daniel Fox Limited] [Allan Entertainment] Project Description: Music NFT Project Round: Seed Round Amount: $1 Million Investor: Coop Records Lead [Guild] Project Description: Web3 Token Gating Product Round: Pre-Seed Round Amount: Undisclosed Investors: Seed Club Ventures [LensProtocol] Project Description: Web3 Social Platform Round: Pre-seed Round Amount: Undisclosed Investors: Seed Club Ventures [Coordinape] Project Description: Web3 DAO Round: Seed Round Amount: Undisclosed Investor: Seed Club Ventures [SO-COL] Project Description: Web3 Social Platform Round: Undisclosed Amount: $4.5 Million Investor: DWF Labs [Nuktah] Project Description: Saudi NFT Market Round: Seed Round Amount: Undisclosed Investors: Animoca Brands Lead [NULS] Project Description: Customizable Blockchain Infrastructure Round : Strategic Financing Amount: Undisclosed Investor: DWF Labs [Junggl Media] Project Description: Web3 Startup Round: Undisclosed Amount: Undisclosed Investor: Northbrook...

1231d ago元宇宙之心MetaverseHub#MetaverseHub #WEB3 #metaverse #cryptocurrency #blockchain

01 Yuanuniverse Weekly Report | Hainan Lingshui Releases the Country's First County-level Metaverse Industry Policy, China Science and Technology Data Research Institute won the bid of 1.85 million yuan for the Zhengzhou Metaverse Industry Development Plan Preparation Project

Policy Express 1. Hainan Lingshui released the country's first county-level metaverse industry policy on March 22, and the country's first county-level government metaverse industry policy, the “Lingshui Li Autonomous County Metaverse Industry Development Action Plan (2023-2027)”, was officially released. Lingshui is focusing on creating three business cards: “Seeing Lingshui in the Cultural Tourism Metaverse”, “The largest training base for digital people in the country is in Lingshui,” and “Metaverse content creators come to Lingshui.” Development goals include introducing more than 15 upstream and downstream metaverse enterprises and research institutions in 2023, and metaverse-related industries exceeding 100 million yuan; by 2027, introducing and nurturing metaverse-related enterprises to exceed 100, and metaverse-related industries striving to exceed 5 billion yuan. (Official website of Lingshui Li Autonomous County) 2. Anhui issued a document promoting the deepening integration and application of new technologies such as virtual reality and augmented reality with manufacturing equipment. On March 22, Anhui Province issued the “Implementation Plan and Support Policy for Promoting High-End, Intelligent and Green Development of the Manufacturing Industry through Digital Transformation”. In terms of intelligent equipment, it was mentioned in the form of a column to promote the deepening integration and application of new technologies such as 5G, big data, artificial intelligence, digital twins, virtual reality, and augmented reality with manufacturing equipment, and develop new intelligent manufacturing equipment such as intelligent industrial control systems, intelligent machine tools, and collaborative robots. (Anhui Provincial Government Network) Industry News 3. Report: The 2023q1 metaverse NFT transaction volume reached US$311 million. The DappRadar report shows that metaverse NFT transactions increased in the first quarter of 2023, totaling US$311 million so far in 2023. As platforms such as Yuga Labs' Otherside and MG Land dominate the field, virtual land transactions reached a record high of 147,000 transactions in one quarter. On the other hand, NFTs related to land in the Otherside metaverse traded $222 million in the first quarter, an increase of 237% over the previous quarter. (Coindesk) 4. The China Virtual Reality and Metaverse Industry Summit was held in Hangzhou from March 21 to 22, and the China Virtual Reality and Metaverse Industry Summit was held at 0101 Park, Wensan Digital Living District, Xihu District, Hangzhou. More than 200 leading virtual reality and metaverse companies from all over the country attended the conference. A group of digital technology companies brought their new products to the same launch, focusing on showcasing the latest achievements and cutting-edge technology in the metaverse field. (Exciting) Domestic News 5. Xinhua Zhiyun officially released the first AIGC-driven metaverse system “Yuanmao” on March 22. Xinhuanet announced the metaverse empowerment plan and launched the metaverse channel. At the same time, Xinhua Zhiyun officially released the first AIGC-driven metaverse system “Yuanmao”. “Yuanmao” mainly includes three blocks: digital people, digital content, and digital scenes. Each block is driven by artificial intelligence and can cover the generation of text, images, and even some videos and 3D scenes. “Yuanmao” can greatly reduce the cost of digital human production and daily use, as low as one yuan per minute. (Tencent) 6. The Xihu District Metaverse Fusion Innovation Park was officially unveiled on March 24, and the Xihu District Metaverse Fusion Innovation Park was officially unveiled in the Wensan Digital Living Area. The Innovation Park mainly nurtures the metaverse innovation ecosystem, builds a whole industry chain, and improves the multi-level innovation space and industrial pattern from the new online economy to the metaverse economy. Currently, 5 enterprises in the metaverse industry chain are about to officially enter, and more than 40 interested companies are in the process of investment promotion. In addition, the park will build a virtual reality and metaverse public service innovation platform, focusing on areas such as common technology development, integrated content sharing, integrated application incubation, and industry standard setting to jointly build a metaverse industry development ecosystem. (Hangzhou Daily) 7. The China University of Science and Technology Data Research Institute won the bid of 1.85 million yuan for the Zhengzhou Metaverse Industry Development Plan Preparation Project. On March 22, the Henan Provincial Government Procurement Network showed that the Zhengzhou Metaverse Industry Development Plan Preparation Project of the Zhengzhou Municipal Development and Reform Commission had been completed. The winning bidder was the China University of Science and Technology Data Research Institute, with a bid amount of 1.85 million yuan. The project includes hiring a third-party consulting agency to analyze the development advantages and shortcomings of the metaverse industry in Zhengzhou, clarify the development principles and development goals of the metaverse industry in Zhengzhou, plan key industry development tasks, and prepare a development plan for the metaverse industry in Zhengzhou. (Henan Provincial Government Procurement Network) Foreign Information 8. Roblox launches generative AI game creation tool to empower the metaverse space March 22. Rovlox launched the company's first generative AI game creation tools Code Assist and Materai Generator. Code Assist's push...

1243d ago01区块链#01 metaverse

Metaverse infrastructure developer Hadean closes $5 million financing

Comparatively, metaverse infrastructure developer Hadean announced today that it has raised an additional $5 million to build its metaverse infrastructure solutions. The new capital adds to the company's previous Series A round, which raised $30 million in September last year. Investors in this additional funding include Ericsson Ventures, Metrea Discovery, VU Venture Partners, Sanctor Capital, and Tirta Ventures.

1247d agoRuilin#Ericsson Ventures #Hadean #Metrea Discovery #Sanctor Capital #Tirta Ventures #VU Venture Partners

No more