Hadean raises an additional $5M to supercharge the metaverse - Hadean
Summary
London, UK: Hadean has raised $5 million in funding from new Web3, Gaming and Enterprise global investors to facilitate the rapid build-out of the companys bleeding-edge metaverse infrastructure solution a critical component for the creation of immersive vast virtual worlds for training and entertainment and data-driven digital twins for enterprise.Ericsson Ventures, the venture fund of the leading provider of 5G networks and solutions to service providers and enterprises, as well as Metrea Discovery, VU Venture Partners, Sanctor Capital and Tirta Ventures, have pledged their support for Hadeans mission to provide the technical toolset that is required for building, running and monetising scalable, interoperable and secure digital environments.The new funding complements the companys $30M Series A investment round, completed in September 2022, which was led by Molten Ventures and joined by Epic Games, 2050 Capital, Alumni Ventures, Aster Capital, Entrepreneur First and InQTel.The backing comes at a turbulent time for the tech industry, building on Hadeans continuous success as a trusted cloud-based solutions enabler and demonstrating the companys proven ability and potential to deliver value to users through its Web 3.0 capabilities.Hadean CEO, Craig Beddis, said: We are thrilled to have the support of such a diverse and experienced group of investors. This additional funding will enable us to continue the significant progress we have made off the back of our Series A and expedite the advancement of our cloud-based solutions for the metaverse. Ericsson Ventures is excited to support Hadean in its journey to further drive the immersive experience for both enterprises and consumers.Hadeans technology has been used to dynamically power large-scale applications including the EVE Online Aether Wars space battle event in 2020, in partnership with game developers CCP Games, and a city-sized digital replication of Estonia, in partnership with training and simulation specialists CAE both enabling massive amounts of concurrent users and unlocking new tools for users, creators and decision-makers. More recently the company also partnered with Connected Places Catapult to develop a next-generation eHighways digital twin simulation to help boost sustainability in modern transportation.Hadeans work in support of customers in entertainment and enterprise has been recognised with numerous awards, including Top Cloud, Enterprise or Technology Partner and Top B2B or Industrial Initiative of the European Metaverse Awards and Outstanding Serious Game for Learning of the Military Simulation & Training (MS&T) Awards.To discover more head to: www.hadean.comFounded in 2015, Hadean powers the creator economy, providing the infrastructure and computational power required to realise the full potential of the metaverse. Our web 3.0 technology allows you to build, run and monetise immersive virtual environments and experiences, dynamically connecting audiences across the world by providing scalability, security, and interoperability.
Funding
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