Advertising

Thirdverse successfully raises $11.3M in funding round to support development of VR games

blankThirdverse, a leading developer of virtual reality (VR) games, has successfully raised $11.3 million in its recent funding round. This additional funding will be used to support the development of their VR games and strengthen their teams and infrastructure.

The funding round, known as Series D, was initially announced by Thirdverse CEO Hironao Kunimitsu in November. However, the company has now raised even more money through a third-party allotment of shares underwritten by Nissei Capital Co. and VeriServe Corp.

With this latest funding, Thirdverse’s cumulative total funding has reached an impressive $42 million. This highlights the company’s success and growing prominence in the VR gaming industry.

One of Thirdverse’s most notable VR titles is X8, a multiplayer hero shooter. The game was officially released on November 9 and is available on platforms such as the Meta Quest Store, Steam Store, and PICO Store. Within just two months of its release, X8 surpassed 450,000 downloads worldwide, demonstrating its popularity among gamers.

In addition to X8, Thirdverse is also working on another VR game called Soul Covenant. This VR dramatic action title was announced at the Tokyo Game Show in 2023 and is set to be released in early 2024. With their recent funding success, Thirdverse is well-positioned to continue developing innovative and immersive VR experiences for gamers.

The company’s focus on VR gaming aligns with the growing demand for immersive and interactive gaming experiences. As VR technology continues to evolve and improve, more players are seeking out unique and realistic gaming experiences. Thirdverse’s dedication to developing high-quality VR games positions them as a key player in this rapidly expanding market.

In conclusion, Thirdverse’s recent funding success of $11.3 million will further support the development of their VR games. With popular titles like X8 and the upcoming release of Soul Covenant, Thirdverse is poised to make a significant impact in the VR gaming industry. Their commitment to innovation and immersive gameplay experiences sets them apart as a leading developer in this exciting and evolving field.