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Home»TRADING NEWS»AI-powered gaming platform Ultiverse has raised $4 million at a $150 million valuation.
TRADING NEWS

AI-powered gaming platform Ultiverse has raised $4 million at a $150 million valuation.

By Crypto FlexsFebruary 16, 20242 Mins Read
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AI-powered gaming platform Ultiverse has raised  million at a 0 million valuation.
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Singapore, Singapore, February 14, 2024, Chainwire

Ulitverse, an AI-powered one-stop platform for Web3 game creation and publishing, is pleased to announce the completion of a $4 million strategic round. This round is led by IDG Capital, followed by Animoca Brands, Polygon Ventures, MorningStar Ventures, Taiko, ZetaChain, Manta Network, DWF Ventures, and Jacob KO (a partner at Superscrypt).

“This capital will allow us to accelerate our vision of building the most intuitive AI-based platform for web3 game creation,” said Frank Ma, CEO of Ultiverse. “Going forward, Ultiverse remains committed to providing an ecosystem with accessible tools and engaging experiences for nurturing. The next generation of AI-based Web3 games,” added Frank Ma.

“Next week, Ultiverse will launch Ulti-Pilot, an immersive portal to a variety of gaming experiences in the AI-powered universe, bringing us one step closer to enabling game interoperability through AI and blockchain. The team plans to launch Gaming Launchpad, Retake Rollup, and Retake Rollup. There will be dapps in the future.” Frank Ma concluded:

Since its founding in 2022, Ultiverse has achieved:

  • Launched Electrisheep, the first NFT (lower price limit of 2 ETH, MarketCap $30M).
  • To celebrate the official opening of the AI-powered Ultiverse World Book, we have unveiled the Ultiverse Main World.
  • Terminus PC and Vision Pro versions featuring AI-based Non-Player Characters (NPCs) have been released on Steam.
  • Meta Merge, Terminus City, 3 DApps launched cricket fly.

Ultiverse was founded in 2022 by Frank Ma, Jimmy Liu, and Joe Chou. Ultiverse’s registered users exceeded 7.3 million as of December 2023, and monthly active users (30-day average) are more than 830,000 worldwide. Investors in previous rounds include Binance Labs, Sequoia, DeFiance Capital, Emirates Consortium, MorningStar Ventures, GSR Ventures, and Foresight Ventures. The funding valuation for this round is $150 million.

Introduction to Ultiverse

Ultiverse is an AI-powered, one-stop platform for Web3 game creation and publishing, driving mass adoption of AI-enhanced Web3 games. The team is made up of game, technology and blockchain project veterans who graduated from Carnegie Mellon University, Tsinghua University Yao Class, Hong Kong University of Science and Technology, etc. For more information: https://www. ultiverse.io/.

Contact: Jimboljimmy@ultiverse.io

Disclaimer: This is a sponsored press release and is provided for informational purposes only. It does not reflect the views of Crypto Daily and is not intended to be used as legal, tax, investment, or financial advice.

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