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Thirdverse raises $15 million to build VR and Web3 game studio

by Javier Gil
09/05/2023
in AR/VR, Web3 Gaming
0
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Thirdverse has announced that it has raised $15 million in capital through a third-party funding round to create Web3 and virtual reality games.

Tokyo-based Thirdverse will use the money to bolster its hiring of game creators and other professionals globally. It will also develop new Web3 and VR titles.

Excited to share that Thirdverse has secured $15M in funding round! We will continue to work hard and aim for the world with blockchain and VR games 💪

Thank you to @VentureBeat for the press coverage 📰https://t.co/Im8enODfJz

— Thirdverse_US (@Thirdverse_US) November 23, 2022

MZ Web3 Fund is the lead investor. This latest round brings the total amount raised by Thirdverse to $33 million.

“We are thrilled to partner with MZ Web3 Fund for the future growth of our team and investment in Web3 and VR,” said Hironao Kunimitsu, CEO of Thirdverse, in a statement. “After first rate boom over the past year, and many tasks in development to get started, we are commemorated to enter a new level of extra extended increase for Thirdverse.”

He added, “While it is able to be a tough surroundings to elevate funds, we have been pretty successful and are very appreciative of the guide of our new traders who have come on board at this time.” “I think that speaks volumes about the enthusiasm of the team and partners about continuing to push the boundaries of what can be created on these platforms. I’m confident that we are creating games that will appeal to a diverse audience, and this is crucial for the future of the industry.”

Hironao Kunimitsu is the managing director of Thirdverse.

Kunimitsu will be speaking at our online event, GamesBeat Summit: Into the Metaverse 3, on February 1-2, 2023.

“The Thirdverse crew has an wonderful pedigree of skilled VR gaming and blockchain specialists that I actually have never seen earlier than, and the business enterprise is at an exciting point in its speedy worldwide enlargement,” stated Yusaku Maezawa, CEO of MZ Web3 Fund. In a statement. “We accept as true with each the VR and Web3 gaming sectors have vibrant futures, and Thirdverse is properly placed to take gain of the marketplace’s boom tendencies and its group’s giant enjoy.”

Masaru “Nogi” Ohnogi, Thirdverse’s Chief Commercial Officer, said, “We are dedicated to innovation and pushing the boundaries of VR and Web3 gaming. Our latest projects, Altair Breaker, X8 and Captain Tsubasa: Rivals, are all the product of our team and showcase their extraordinary talent, creativity and desire to create new gaming experiences for audiences around the world.”

Thirdverse’s list of investors include Yield Guild Games, Fenbushi Capital, Holdem Capital, Kusabi, OKX Ventures, B Dash Ventures, Double Jump.tokyo, 8DAO, Flick Shot, MZ Web3 fund and OKCoinJapan

Thirdverse

Following the establishment of Talwar Pte. Ltd. in Singapore as a subsidiary company with jurisdiction over blockchain-related activities in January 2022, the company partnered with Dracom Company in March and later with KLab Co. Ltd. announced a founding agreement with Blocksmith & Company, a strategic subsidiary of Inc. in April.

In September, Isao Moriyasu, former CEO and representative of DNA Co. was appointed head of the Blockchain department.

In October, the companies announced a new Web3 game, Captain Tsubasa: Rivals, produced in collaboration with Blocksmith & Company. Professional soccer player Yuto Nagatomo was named the game’s official ambassador.

The company plans to release more than 10 Web3 games between now and 2023 and is currently hiring more game developers to expand the development pipeline.

Thirdverse VR Games

In August, Thirdverse launched the sword-fighting VR title Altair Breaker for Meta Quest 2 and PCVR. In September, a new VR multiplayer tactical multiplayer shooter title called X8 was unveiled at the Tokyo Game Show. It is developed by US studio Thirdverse.

Finally, in November, it was announced that both titles will be part of Sony’s PlayStationVR2 catalog, which will be released in February 2023. 2023 and beyond. In total, the company employs 120 people.

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