Lux Capital manages over $5 billion in assets focused on founding, seed, early-stage, and growth investments at the intersection of technology and the sciences. Lux takes an active role in helping entrepreneurs build successful businesses in high-growth sectors. Its investment team has built over 20 companies from scratch. Lux's investment strategy ensures portfolio companies are better connected, have a deeper insight, and command industry leadership faster than their competitors.

Lux Capital

Colopl Next is the corporate venture capital of is Colopl, Inc, which is a leading Japanese gaming company. Colopl, Inc. is founded with the mission of “Entertainment in Real Life”, and constantly put its customer as first priority. Colopl Next is headquartered in Japan, but invests globally in a variety of internet businesses, with the commitment to support innovative entrepreneurs.

Colopl Next

Established in 2000 as an early-stage venture capital arm of SoftBank Group, SBVA has a storied history of empowering extraordinary entrepreneurs across the globe. In 2023, we joined forces with The Edgeof, a global startup ecosystem builder founded by Taizo Son, JP Lee, and Atsushi Taira and began our new chapter as an independent entity with a renewed commitment to fostering innovation and technological advancement.

SBVA

One of the most important factors for successful investing in startups is having a good funnel of startups, which is the whole international market, so that you can invest in the best of the best, and not in those startups that caught your eye. Network.VC is part of an ecosystem with a large funnel of startups, which is formed by Unicorn Battles & CUP Startup.Network VC.House

Network.VC

Silicon Valley Syndicate Club is a fund invests in startups.

Silicon Valley Syndicate Club

Cerence is a software company that is involved in developing mobility-based solutions for drivers and their cars. The customers include automobile original equipment manufacturers, or OEMs.

Cerence

Pinscreen

Pinscreen is an American technology company and VFX studio that develops the most advanced generative AI technologies for film production and interactive experiences with its headquarter in Los Angeles and branch in Abu Dhabi (UAE). The company offers end-to-end solutions for AI lip sync, face reenactment, face swaps, de-aging, and avatar digitization. Pinscreen works with some of the most prolific film makers and production studios, and its customers include Netflix, Amazon Studios, Miramax, Warner Bros, Apple, Google, Adobe, DARPA. Among its accolades, in 2019, Pinscreen developed the first real-time deepfake technology which was presented at the World Economic Forum in Davos, and SIGGRAPH 2020. The company is also the first to demonstrate AI lip sync for a complete feature film, and the ability to process over thousands of 4K HDR movie shots within a year. Pinscreen is part of the NVIDIA Inception Program and won the Epic MegaGrants in 2020. Pinscreen was founded in 2015 by Prof. Hao Li, MIT TR35 winner and Professor of Computer Vision at MBZUAI. He is known for his contributions in Apple’s Animoji technology, the reenactment of Paul Walker in Furious 7, and actively innovates in the space of neural rendering, deepfakes, and digital humans.

Pinscreen offers the Avatar Neo software development kit (SDK), which allows developers to generate high-quality personalized CG characters for games and VR/AR applications from a single photo. Users can use its mobile app to upload a picture, with the company claiming that it is able to return a digital avatar in seconds. As of January 2024, the platform was in beta and was compatible with the Unity and Unreal game engines.

Metaverse Experience Platforms

<div>Pinscreen is a cloud-based digital avatar creation platform that can be integrated into ecommerce websites and mobile apps. The platform also features products such as a Pinscreen mobile app, Pinscreen Face Tracker (3D facial expression capture), and AI Face Replacement.</div>

Imbuing emotion into human-digital interactions

Digital Humans

Crafting the Future of Digital Avatars: Respeecher, Pinscreen Joins Forces with Motus Lab

Pinscreen offers the Avatar Neo software development kit (SDK), which allows developers to generate high-quality personalized CG characters for games and VR/AR applications from a single photo. Users can use its mobile app to upload a picture, with the company claiming that it is able to return a digital avatar in seconds. As of January 2024, the platform was in beta and was compatible with the Unity and Unreal game engines.Pinscreen also offers two face replacement solutions (a real-time version and a high-fidelity version) based on its proprietary paGAN facial synthesis technology. This enables users to replace their face with any person they want by providing a video or live stream. The technology is targeted for various media applications, such as film and entertainment, as well as TV broadcasts. Further, the company offers real-time 3D face tracking solutions via a video stream or webcam.Key customers and partnershipsKey customers include Apple, Adobe, Netflix, and Amazon Studios, among others.

Gather is a virtual space with web-based video calling capabilities, combined with a 2D pixel art-based map and characters that allow individuals to carry out natural conversations in a multitude of settings (office, university, etc.). The company was a part of the Y Combinator Summer 2019 cohort. The platform also offers private virtual meeting spaces with chat, whiteboards, document, and screen sharing features. Further, Gather also offers integrations with other enterprise applications, such as Slack, Google Calendar, and Google Docs. The company claims to have superior compatibility with spatial technology due to its natively built video conferencing system.It operates with a freemium subscription model that is free for up to 10 users, with paid plans starting at USD 7 per month for up to 500 people. The company also generates revenue for virtual conferences (free for up to 10 users), with paid plans starting at USD 3 per user per day.The company has a long-term vision for the metaverse to freely make work and educational opportunities available worldwide. In line with its vision, Gather has hosted over 20,000 virtual professional events, including academic conferences, job fairs, and professional societies (November 2021).Key customer and partnershipsAs of January 2024, the platform was used by over 1,000 teams, including notable enterprises, such as Y Combinator, Yelp, and Notion.Funding and financialsGather raised USD 50 million in a Series B funding round co-led by Sequoia Capital and Index Ventures in <a href="https://sp-edge.com/updates/6425">November 2021</a>. The fresh funds were expected to be funneled toward expanding its operations and business reach.Key competitors: None under the same stage.

Gather

Mytaverse offers a hardware-agnostic 3D metaverse platform that enables enterprises to digitally host a wide range of activities, such as meetings, conferences, training simulations, and tradeshows. The company also allows for the creation of branded metaverses in the form of functioning environments or digital twins. Mytaverse also provides support for CRM integrations and customer profiles, with support for 50 users on any given virtual world. Further, Mytaverse claims that its tech allows for the creation of photorealistic spaces.Key customers and partnershipsNotable customers included Nike, PepsiCo, Dolby and Dassault Aviation, among others.Funding and financialsIn April 2022, Mytaverse raised USD 7.6 million in a seed funding round led by Blumberg Capital. The funds were raised to accelerate product development, expand sales and tech teams, and further expand interactions with brands and support strategic partnerships. As part of the deal, David Blumberg (founder and managing partner, Blumberg Capital) and John Paul Milciunas (general partner, Baselayer Ventures) were expected to join Mytaverse’s board.

Mytaverse

Alta is the game studio that developed Township Tale, an open-world VR multiplayer game set in a medieval fantasy world. Users can engage in multiplayer experiences that revolve around a wide range of activities such as cooking, crafting, PvE, mining, blacksmithing, and carpentry. The game relies on procedural generation, a method to combine computer and human-generated content on a large scale for mass content creation as its key differentiator.The company generates revenue via 1) sales of its game on the Meta Quest Store, priced at USD 10 and 2) sales of in-game cosmetics, ranging from USD 10-80. Users can also show further support to the game devs via monthly donations of USD 10, with players receiving in-game currency (for the purchase of in-game cosmetics), exclusive in-game discounts and the ability to create a private PC server.In April 2024, the company disclosed that it was developing a dark fantasy-themed VR exclusive game, codenamed ‘Project 2’. Key customers and partnershipsAccording to data from MMO Stats, The company was estimated to have a total of ~850,000 players as of January 2024.Funding and financialsIn its most recent funding round (January 2022), the company raised USD 12.4 million in seed funding co-led by Makers Fund and Andreessen Horowitz. The round valued the company at USD 62 million and the fresh funds were expected to be used to expand its team, create new partnerships, and further develop its technology.

Alta

BitDegree is a cryptocurrency learning platform that offers Learnoverse, a gamified and interactive crypto learning metaverse powered by the blockchain, where users will be able to create their own avatars, collect NFTs exclusive to Learnoverse, explore a virtual world (CryptoDegree City) that is divided into topic-based districts with each building representing a specific educational course on crypto, earn tokens through learning, and eventually obtain crypto-degrees. Course creators will be able to purchase NFT land on the platform and create NFT buildings to represent their courses, and its novel tokenomics will allow instructors to earn from their courses without charging the user.Key customers and partnershipsIn September 2022, the company partnered with web3 mobile development infrastructure provider Mirror World to create a course about Web3 gaming within Learnoverse, and NFT platform Lympo, to enable creators to mint NFTs within Leanoverse.Funding and financialsBitDegree raised over USD 1 million in funding from Japanese/Singaporean venture investor Mistletoe in June 2022. The funds were raised to create innovative methods of learning blockchain, crypto, and Web3-related topics within Learnoverse.

BitDegree

Star Atlas is a space-themed metaverse gaming platform built on the Solana blockchain and Unreal Engine 5. The game allows users to interact, organize, and explore unknown regions in space, alongside joining factions and harvesting resources. The platform includes assets that are tokenized, which provides users ownership over these unique assets and enables them to generate income through these assets. Star Atlas' in-game economy and governance is run using its native currencies, POLIS and ATLAS, and, as of May 2022, the platform had nearly 100,000 players.In May 2024, the company announced that it would launch Star Atlas on mobile Android and iOS by the end of the year.The company also developed the SAGE Labs browser-based open-world game in August 2023, which focuses on deep space resource extraction and crafting.Key customers and partnershipsIn July 2023, the company partnered with blockchain indexer Hello Moon, aiming to bolster the scalability and robustness of Star Atlas real-time data handling capabilities, effectively replacing its proprietary in-house solution. Additionally, the company partnered with Web3 company MetaGravity in the same month to scale its concurrent player count on a single server to 30,000 from 5,000.Funding and financialsIn December 2021, Star Atlas received USD 3 million in funding from Animoca Brands in the form of a purchase commitment of Star Atlas NFT spaceships. The NFT spaceships sold to Animoca Brands were part of Star Atlas’ Galactic Asset Offering (GAO) and all the revenue from asset sales from its GAO was expected to be used to further develop the Star Atlas metaverse.

Star Atlas

Platforms that offer collaborative 2D and 3D environments for enterprise and education-related use cases

Platforms that facilitate entertainment-focused virtual events and concerts

Platforms that focus on multiplayer gaming experiences in virtual worlds

Platforms that focus on social interaction, experience creation, and virtual land purchases

Platforms that enable the creation of avatars that are used as digital identities in metaverse platforms

Platforms that offer virtual worlds for multiplayer social gaming experiences enable users to create experiences and conduct transactions (e.g. buying virtual land)

Some solutions in the gaming platforms segment use AI for non-playable characters (NPCs)

Some gaming and social metaverses are decentralized, with features such as play-to-earn and NFT minting

Social gaming and pure-play social platforms facilitate virtual land transactions using crypto

Most solutions in this hub use AR/VR for virtual events, enterprise, and social/gaming use cases

Virtual worlds and web3 are the primary enabling technologies for the metaverse industry

Work platforms offer virtual spaces for enterprise use cases

<div>
 
 Pinscreen is a cloud-based digital avatar creation platform that can be integrated into ecommerce websites and mobile apps. The platform also features products such as a Pinscreen mobile app, Pinscreen Face Tracker (3D facial expression capture), and AI Face Replacement.
 
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 Inworld AI provides an engine to build AI characters for gaming, the metaverse, VR/AR, and immersive experiences.
 
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Inworld AI

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 Soul Machines uses a cloud-based platform called Human OS to create digital humans that are highly realistic in appearance and behavior. This is achieved through the integration of various technologies such as its patented Digital Brain and Autonomous Animation Engine as well as third-party tools like conversational AI, sentiment analytics, and data integration. The Digital Brain is capable of contextualizing and adapting to different situations and can animate realistic human-like behaviors on its own.
 
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Soul Machines

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 DeepBrainAI allows the creation of digital humans for various purposes: business, recruitment, service, education, and personal. The company offers 100+ AI avatar templates to choose from and speech in 55+ languages. It also offers several digital avatar products such as AI Avatar (digital avatars for retail, banking, education, etc.), AI Human (creation of custom digital avatars), AI Studio (for creating videos), and AI Interview (digital avatars for HR tasks such as recruitment). In March 2023, the company launched its GenAI video synthesis solution, AI Studios 2.0.
 
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DeepBrain AI

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 Digital Domain is a visual effects and digital production company. Its Digital Human Group applies advanced creation techniques and proprietary technology for feature ﬁlms, real-time capture for live venue events, futuristic gaming experiences, and mobile and next-generation interactive digital human rendering.
 
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Digital Domain

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 ObEN's platform allows users to create their own digital twin by uploading a picture of themselves to the platform. Virtual celebrities, gaming, entertainment, and live streaming are noted as key uses of ObEN avatars. The avatars are designed to make interaction easy and aim to enhance the naturalness and simplicity of the virtual assistant or digital character. Once the avatar is created, users can live-stream and produce videos by transferring content to ObEN's real-time content creation platform.
 
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ObEN

Digital humans that engage in two-way conversations for customer service and employee training

Digital humans that deliver responsive interactions for virtual events, social media, and entertainment

Interactive digital humans for applications in education, fashion, sports, and others

Digital humans for one-way customer and employee communications, including presentations, training modules, or informational videos, and the like

Digital humans as characters in movies, news reporting, virtual events, and television shows without two-way user interaction

Digital humans as characters for video games without two-way user interaction

Digital humans for applications in fashion, education, sports, and others without two-way user interaction

Several digital humans are integrated with GenAI models

NLP is used by digital humans to understand, process, and generate natural language

AI and ML are used in digital humans to process data and generate responses

Digital humans can be deployed in the metaverse for a variety of purposes, such as virtual customer service, virtual events, and virtual social interactions.

Pinscreen

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