Thirdverse Raises $15M to Build Web3 and VR Games Studio

In a funding round led by MZ Web3 Fund, Thirdverse has generated a total of $15M to develop its Web3 and VR Games Studio.

Nov 23, 2022
by Michael
Thirdverse Raises $15M to Build Web3 and VR Games Studio
News

Popular Web3 developer has raised a $15 million  from a funding round led by MZ Web3 fund. Other participating companies include ahead of 8DAO, B Dash Ventures, Double Jump.tokyo, Fenbushi Capital, Flick Shot, Holdem Capital, Kusabi, MZ Web3 fund, OKCoinJapan, Yield Guild Games and OKX Ventures. 

Thirdverse will use the fund to develop the VR and Web3 games section of its gaming studio. The development is one of expansion needed to create its previously announced game “Captain Tsubasa: Rivals” in partnership with Blocksmith & Co. The company has also announced recruitment of game creators and other required professionals. 

The CEO of Thirdverse, Hironao Kunimitsu has commented saying: 

“We are thrilled to form a partnership with MZ Web3 Fund for the future growth of our team and investments in Web3 and VR. After significant growth in the past year, and with many projects in development and about to start development, we’re proud to enter a new stage of more accelerated growth for Thirdverse.”

Yusαku Maezawa, the CEO of MZ Web3 Fund, has also expressed his excitement about the investment in Thirdverse. He buttressed that the leadership of the Thirdverse are performing excellently. He said:

“We believe that both the VR and Web3 gaming industries have a bright future and that Thirdverse is uniquely positioned to benefit from the market growth trends and the remarkable experience of its team,”  

Games Developed by Thirdverse

Thirdverse has launched some immersive VR games including sword-fighting VR titled Altair Breaker which was announced in August for Meta Quest 2 and PCVR users. In Septemer, Thirdverse released a multi-player shooting game called X8. In recent announcement, Thirdverse plans to launch both games on Sony’s PlayStationVR2 in February 2023. Swords of Gargantua is also another VR multiplayer sword fighting game by Thirdverse.

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