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Mytaverse Raises $7.6 Million for VR Platform

Mytaverse Raises $7.6 Million for VR Platform

Mytaverse raised $7.6 million in its Seed funding round.

The funding will help speed up product development, expand the sales and technology teams, deepen interactions with brands and support strategic partnerships.

“Our mission at Mytaverse is to empower, engage and embolden the interactions between brands, their customers, and partners. We accomplish this by enabling our customers to deploy digital twins of their products in their own branded and photo-realistic, dynamic 3D setting,” states Jaime Lopez, CTO, and Co-Founder of Mytaverse.

The round was led by Blumberg Capital. David Blumberg will join Mytaverse’s Board of Directors.

Other investors include Baselayer Ventures, Correlation Ventures, Accelerator Ventures, and more.

Mytaverse previously helped orchestrate Asian Sky Group’s first-ever virtual exhibition and conference (ASGVEC). The company designed booths, halls, and an auditorium to stimulate an in-person trade show event for participants.

Mytaverse has provided digital solutions to major companies such as PepsiCo, Dassault Aviation, and Zaha Hadid Architects.