What is Matrix?
Matrix World is a multichain metaverse platform enabling users to create, connect, explore, and engage in various activities. Based in Vancouver, British Columbia, Canada, the company operates within the burgeoning metaverse and Web3 space, aiming to provide a decentralized and interactive digital environment. Its focus on user-generated content and cross-chain compatibility positions it as a notable player in the evolving landscape of virtual worlds.
How much funding has Matrix raised?
Matrix has raised a total of $5.5M across 1 funding round:
Unspecified
$5.5M
Unspecified (2022): $5.5M with participation from Everest Ventures Group (EVG, Tess Ventures, Y2Z Ventures, and US2AP.com Group Sites
Key Investors in Matrix
Everest Ventures Group (EVG
Everest Ventures Group (EVG) is a Hong Kong-based venture studio actively investing in Web3, AI, SocialFi, GameFi, and FinTech since 2018. They focus on incubating innovative projects and have backed over 15 blockchain products, aiming to foster sustainable digital futures through strategic alliances.
Tess Ventures
Tess Ventures is a global investment firm backing entrepreneurs in Web3, the Metaverse, Crypto, and AI, with a focus on driving economic inclusion. They have supported over 67 startups and aim to bridge Southeast Asia's market with Silicon Valley expertise.
US2AP.com Group Sites
US2AP.com Group Sites, associated with Plesk, provides a web hosting platform designed for web professionals to manage websites and servers efficiently. Their services include control panels, security features, and support for various development frameworks.
What's next for Matrix?
The recent major strategic investment signals a pivotal phase for Matrix, likely focused on scaling its platform, expanding its user base, and enhancing its technological infrastructure. This capital infusion is expected to accelerate product development, foster new partnerships, and solidify its market position. Matrix's trajectory suggests a strategic push towards broader adoption and deeper integration within the multichain ecosystem, potentially exploring new revenue streams and immersive experiences.
See full Matrix company page
