What is Thirdverse?
Thirdverse is a forward-thinking company focused on the planning, development, and publishing of virtual reality (VR) games. With established studios in both Japan and the United States, Thirdverse is actively working towards its objective of creating a "new virtual world where a billion people can live." This mission positions the company at the forefront of immersive digital experiences and the burgeoning metaverse.
How much funding has Thirdverse raised?
Thirdverse has raised a total of $34.8M across 3 funding rounds:
Series A
$8.5M
Series C
$15M
Series D
$11.3M
Series A (2020): $8.5M with participation from Undisclosed
Series C (2022): $15M led by Yield Guild Games, OKCoin Japan KK, and OKX Ventures
Series D (2024): $11.3M supported by B Dash Ventures, Now Inc, and Mitsubishi UFJ Capital
Key Investors in Thirdverse
B Dash Ventures
B Dash Ventures is a venture capital firm that accelerates the growth of promising startups and ventures, investing in a wide range of domestic and international startups from seed to late-stage. The firm operates several funds, including B Dash Fund 1 through 4, which are supported by major telecommunications, internet companies, and institutional investors in Japan. Additionally, B Dash Ventures hosts the B Dash Camp, a prestigious invite-only tech conference that connects key industry figures with promising startups. They also provide incubation space through B Dash Lab, helping startups grow and achieve successful exits.
Yield Guild Games
Based in the Philippines, Yield Guild Games is a mobile game developer that is looking to bring play-to-pay to mobile games through the introduction of NFTs into its games. The company was founded in 2020.
OKCoin Japan KK
OKJ is the Japanese branch of OK Group, specializing in the crypto asset industry with advanced blockchain technology. The company offers fast, secure, and safe trading services tailored for both beginners and professional traders. Their services include crypto asset trading, lending, staking, and OTC trading, among others. OKJ aims to cater to a diverse clientele, ensuring a comprehensive trading experience.
What's next for Thirdverse?
The substantial enterprise-level financing indicates Thirdverse is poised for significant scaling and expansion. This strategic investment will likely fuel further development of its VR game portfolio, enhance its technological infrastructure, and potentially support studio growth or acquisitions. The company's focus on building a large-scale virtual world suggests a long-term strategy aimed at capturing a substantial share of the evolving metaverse market, with future endeavors likely centered on user acquisition, content diversification, and platform development.
See full Thirdverse company page
