What is Jadu?
Founded in 2020, Jadu is redefining the intersection of digital assets and physical reality. The company is currently developing an immersive AR gameworld where users interact with 3D NFT avatars and specialized game items. By integrating non-fungible tokens into a functional, transportation-focused gameplay loop, Jadu is creating a unique ecosystem that bridges the gap between virtual ownership and real-world utility. This market position leverages the growing demand for interoperable digital assets within the burgeoning metaverse landscape, setting the stage for a new paradigm in interactive entertainment.
How much funding has Jadu raised?
Jadu has raised a total of $7M across 1 funding round:
Angel/Seed
$7M
Angel/Seed (2021): $7M with participation from LionTree, Coinbase, Sound Ventures, Keith Grossman, Metapurse, PKO Investments & Progression Fund, The VR Fund, General Catalyst, and Nick Adler
Key Investors in Jadu
LionTree
LionTree is an independent investment and merchant bank specializing in media, technology, and the global digital economy, focusing on long-term transformation.
Coinbase
Coinbase provides essential financial infrastructure and liquidity for the crypto economy, supporting developers and institutions in the digital asset space.
Sound Ventures
Sound Ventures is a venture capital firm that provides hands-on support to visionary founders, focusing on early-stage investments in groundbreaking technologies.
What's next for Jadu?
The infusion of capital marks a pivotal moment for Jadu as it scales its infrastructure to support a global user base. Moving forward, the company is expected to prioritize the rollout of its AR game items and the refinement of its 3D avatar integration. By focusing on high-fidelity user experiences and robust tokenomics, Jadu aims to solidify its footprint in the competitive AR gaming market. Strategic growth will likely involve expanding its developer ecosystem and enhancing the interoperability of its digital assets, ensuring that the platform remains a central hub for creators and players alike in the evolving digital economy.
See full Jadu company page
