All Updates

All Updates

icon
Filter
Funding
Metaverse gaming platform Avalon raises USD 13 million in funding
Metaverse Experience Platforms
Feb 28, 2023
This week:
Product updates
Burcon unveils canola protein isolate for egg replacement
Plant-based Dairy & Egg
Yesterday
Product updates
Bene Meat Technologies produces first cultivated burger at parity with premium beef
Cell-cultured Meat
Yesterday
Geographic expansion
Regulation/policy
The Better Meat Co. expands to Asia with Singapore approval for Rhiza mycoprotein
Plant-based Meat
Yesterday
Listing
Pony.ai files for US IPO
Auto Tech
Yesterday
Product updates
MineOS launches DSR management 2.0
Digital Privacy Tools
Yesterday
Product updates
LatticeFlow launches the first evaluation framework for EU AI Act compliance
Generative AI Infrastructure
Yesterday
Product updates
Cognitive3D launches custom dashboards for XR analytics
Extended Reality
Oct 16, 2024
Funding
Mindtech raises GBP 4.4 million in funding to develop AI vision technology
Extended Reality
Oct 16, 2024
Partnerships
Zscaler and Okta partner to enhance zero trust security initiatives
Identity & Access Management
Oct 16, 2024
Partnerships
Zscaler and Okta partner to enhance zero trust security initiatives
Next-gen Cybersecurity
Oct 16, 2024
Metaverse Experience Platforms

Metaverse Experience Platforms

Feb 28, 2023

Metaverse gaming platform Avalon raises USD 13 million in funding

Funding

  • Metaverse gaming platform Avalon raised USD 13 million in a funding round led by Bitkraft Ventures, Hashed, Delphi Digital, and Mechanism Capital with participation from Coinbase Ventures, Yield Guild Games, and Merit Circle, among others.

  • Funds are set to be utilized to build the foundational structure for the company’s metaverse platform, addressing hurdles such as scalability and real-time interaction. 

  • Avalon Corp, founded by leaders from prominent video game franchises, is developing a blockchain-based platform for games that can utilize the metaverse, connected through game engines. The company aims to build technologies that allow easy deployment of triple-A content in its universe, which other creators can also utilize. It also intends to build its own content.

Contact us

Gain access to all industry hubs, market maps, research tools, and more
Get a demo
arrow
menuarrow

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.