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Thirdverse

Extended Reality
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Early
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AR/VR platforms
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Thirdverse, headquartered in Japan, is a VR game development, distribution, and management company. It specializes in the creation of VR sword fighting games, which include “Altair Breaker” (released in August 2022, priced at USD 25) and “Swords of Gargantua” (released in June 2019, priced at USD 25). Thirdverse also released “X8” in November 2023, a 5v5 VR multiplayer shooter game. The game is freely accessible on the Meta Quest Store and is priced at USD 10 on Steam.

As of December 2023, the company was in the process of launching Soul Covenant, a VR dystopian sword fighting game set in Japan, and was set to launch in early 2024.

Key customers and partnerships

The company noted that its X8 game titled amassed over 100,000 as of November 2023, having also launched esports events for the title.

The company’s game reviews on the Meta Quest store as of December 2023 were as follows: 200+ (Altair Breaker) and 1,700+ (Swords for Gargantuan).

Funding and financials

In January 2024, the company raised USD 3.3 million in a funding round co-led by Nissei Capital and VeriServe. Funds were earmarked to strengthen the development team for its VR titles; X8 and Soul Covenant (an action game), and other upcoming projects.

Extended Reality

Extended Reality

Key stats
Featured companies
240
Total funding (USD)
13.6 Bn
Total addressable market (USD)
100.4 Bn
Key competitors
 
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Company profile
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EDGE Insights

XR and MEP (Q4 2023): XR GenAI adoption accelerates alongside funding rebound

Recent Updates

Funding
Mar 15, 2024
VR game developer Thirdverse raises USD 3.3 million to strengthen dev team for upcoming VR titles
Extended Reality
Funding
Nov 30, 2023
VR game development studio Thirdverse raises USD 8 million in funding to develop upcoming games
Extended Reality
Partnerships
Nov 18, 2022
Polygon and Thirdverse partner to create blockchain games using Japanese IPs
Web3 Ecosystem

Company Brief


HQ location:
Kanda Square 11F, WeWork Kanda Nishiki-cho 2-2-1 , Chiyoda-ku Tokyo JPN
Founded year:
2016
Employees:
51-100
Total Funding:
USD 47.2 million
Last Funding
USD 3.3 million, Mar 2024

Funding


Investors


No investor data is available

Funding data are powered by Crunchbase
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