What is Passage?
Passage provides world-class virtual experiences that eliminate the need for app downloads, enabling users to engage seamlessly in experiential events. Their platform is equipped with immersive 3D environments and creator tools, facilitating easy integration with various applications. This makes Passage an ideal solution for agencies, conferences, entertainment, education, and community engagement sectors seeking to replicate the impact of in-person events through advanced graphics and spatial audio in a virtual format.
How much funding has Passage raised?
Passage has raised a total of $6M across 1 funding round:
Other Financing Round
$6M
Other Financing Round (2023): $6M with participation from Vitwit, Cosmostation, Akash Network, and Hyperchain Capital
Key Investors in Passage
Vitwit
Vitwit is a blockchain infrastructure and R&D company focused on professional validator and development services for decentralized networks, supporting Web3 initiatives and early-stage projects.
Cosmostation
Cosmostation provides chain-agnostic infrastructures, including validators, staking services, and multi-chain wallets, to facilitate access to the interchain ecosystem.
Akash Network
Akash Network is a community-owned and managed platform built on Kubernetes and Cosmos, offering a free public service for decentralized cloud computing.
What's next for Passage?
The recent major strategic investment in Passage signals a significant growth phase, likely aimed at scaling its platform capabilities and expanding its market reach. This capital infusion is expected to fuel further development of its immersive 3D environments and creator tools, enhancing its competitive edge in the virtual events industry. Passage is poised to capitalize on the increasing adoption of virtual and hybrid event models, solidifying its position as a leader in providing engaging, app-free digital experiences.
See full Passage company page
