Futureverse Raises $54 Million

Futureverse is a leading AI and metaverse technology and content company. By integrating 11 different metaverse infrastructure and content companies into a unified ecosystem, Futureverse ensures that users have all the essential elements they need to thrive in this virtual realm. The platform offers a comprehensive set of AI-driven content generation tools, specifically designed to elevate the quality of music, objects, characters, and animations within the metaverse. Futureverse has raised $54 million in a Series A round. The new funding round was led by crypto investment firm 10T Holdings. The digital asset company Ripple Labs Inc. also participated in the round. The fresh funding will be used to develop the company’s comprehensive technology, including its Futureverse Platform featuring “Powered By Futureverse” tools and products and The Root Network, a blockchain and suite of protocols with ready-made runtimes for building next-generation metaverse apps, games, and experiences.  Futureverse was founded in 2022 by Aaron McDonald and Shara Senderoff. “The metaverse has the potential to transform the way humans engage and collaborate with one another and improve our experiences across a number of different spheres, including gaming, payments, asset management, and more. In order to reach this potential, the metaverse requires open, scalable, and interoperable infrastructure,” said Aaron McDonald and Shara Senderoff, Co-Founders of Futureverse. “Futureverse combines next-level technological infrastructure and AI-driven content to create the open metaverse we all envision. With the help of our tremendous partners 10T and Ripple, we are excited to take the metaverse from an abstract idea to a tangible, accessible, and interactive destination.”

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