Mytaverse raises $7.6M for enterprise metaverse platform
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Mytaverse has raised $7.6 million for a platform that enables enterprises to launch metaverse applications.
Gaming companies aren’t the only ones with a newfound passion for the metaverse, the universe of virtual worlds that are all interconnected, like in novels such as Snow Crash and Ready Player One. Driven by tech leaders like Nvidia and its Ominverse simulation tools, enterprises are embracing the metaverse as a way to virtualize their businesses during the pandemic.
As the world reopens, people and businesses are in need of a solution to bridge the divide between physical and digital reality, Mytaverse said. Companies and their customers are struggling to align the experiences of in-person, hybrid, and remote interactions.
Mytaverse, officially launched in 2021, has already delivered business metaverse solutions for major brands such as PepsiCo, Zaha Hadid Architects, Dassault Aviation, and packaging manufacturer Tekni-Plex.
Blumberg Capital led the round, joined by Baselayer Ventures, Correlation Ventures, Accelerator Ventures, and others. David Blumberg, founder and managing partner of Blumberg Capital, is joining Mytaverse’s board of directors, as is JP Milciunas from Baselayer Ventures.
“The pandemic was a catalyst for virtualization and the opportunities for innovation in the metaverse continue to expand,” said Blumberg, in a statement. “Mytaverse embodies the future of the virtual enterprise, where companies increase engagement and efficiency by creating compelling experiences in the metaverse,” said Blumberg, in a statement. “We are proud to partner with Kenny, Jaime, and the Mytaverse team as
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