2 years ago

Hadean Raises $5 Million to Accelerate Metaverse Infrastructure Development

  • Hadean, a London-based metaverse startup backed by Epic Games, secured an additional $5 million in funding from Ericsson Ventures, Metrea Discovery, VU Venture Partners, Sanctor Capital, and Tirta Ventures

  • This new capital adds to the company's £30 million Series A investment round in September 2022, which was led by Molten Ventures and included other investors like Epic Games, 2050 Capital, Alumni Ventures, Aster Capital, Entrepreneur First, and InQTel

  • Hadean aims to use the funds to accelerate the deployment of its cutting-edge metaverse infrastructure solution and bridge physical and virtual worlds, ultimately improving decision-making, supporting the creator economy, and enhancing real-world quality of life.

      • ProblemTechnology

      "The metaverse is limited in size and has latency issues. Creators can't build experiences at scale and adoption is slow."

      Solution

      "Hadean provides a distributed cloud platform that enables scalability, security, and interoperability for large-scale metaverse experiences. This allows creators to build experiences at scale and users to have a better experience."

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