Mawari raises $6.5M to speed 3D content delivery for the metaverse
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Mawari has raised $6.5 million to enable faster 3D content delivery for digital assets for the metaverse.
It hopes to offload the processing and networking requirements for our future internet with technologies such as machine learning, compression and blockchain to enable a 3D metaverse.
The firm said the oversubscribed round was led by Blockchange Ventures and Decasonic, with additional investments from Abies Ventures, Accord Ventures, Anfield, Outlier Ventures, Primal Capital and others.
“We are excited to have achieved this major milestone with such a prestigious group of investors who share our mission and ambition to deliver the metaverse to everyone,” said Luis Oscar Ramirez Solorzano, CEO of Mawari.
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In an interview with GamesBeat, he said that the company has been labeled “the Akamai of the metaverse,” a reference to Akamai’s content delivery networks for the internet, where the company set up points on the internet where you could download games or videos in a way that was faster because the assets were close to you. It was a way of unclogging the internet, and it’s not a bad analogy for how Mawari hopes to head off the clogging of the metaverse.
“We’ve been through the waves of AR and VR, with the mission of becoming the Akamai of XR (extended reality),” he said. “We are moving to democratize access to immersive content. That’s how we started.”
The funding in the form of venture equity and digital assets will enable
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