Thursday, July 4, 2024

Thirdverse completes $11.3M funding spherical for VR video games


Thirdverse has raised a further $3.3 million in funding, finishing its Sequence D funding spherical for a complete of $11.3 million.

Thirdverse CEO Hironao Kunimitsu had beforehand introduced the Sequence D funding for its digital actuality video games in November. Now the corporate has raised more cash by way of a third-party allotment of shares underwritten by Nissei Capital Co. and VeriServe Corp.

Together with the funds raised earlier than the corporate’s division on Could 1, the cumulative complete funding raised by Thirdverse has now hit $42 million.

Going ahead, the corporate plans to strengthen its growth groups and infrastructure for the VR title X8, formally launched on November 9, and the continued growth of Soul Covenant, in addition to for the initiation of recent tasks.

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Thirdverse’s U.S. studio beforehand launched its VR multiplayer hero shooter title X8 on the Meta Quest Retailer, Steam Retailer, and PICO Retailer. Inside roughly two months of its launch, X8 surpassed 450,000 downloads worldwide. Moreover, the corporate plans to launch its VR dramatic motion title Soul Covenant, introduced on the Tokyo Sport Present 2023, in early 2024.

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