07.10.2020

Japanese VR developer Thirdverse has attracted $8.5 million in investment

Tokyo-based studio Thirdverse, which develops VR games, has raised $8.5 million. In the future, the company also plans to create entire virtual worlds using blockchain technologies.Thirverse received money as part of Round A, which was led by JAFCO, Presence Capital, Sisu Ventures and Incubate Fund.

The co-founder of the company Masaru Ohnogi notes that the funds raised will be used to hire new employees.

“The Thirdverse stands out in the fast-growing field of VR gaming. This would not have been possible without strong leadership, a cohesive team and a clear understanding of how to become a leader in this category in the market,” says investor Paul Bragiel.

Most of all, the Thirdverse is known for the Swords of Gargantua action game. The company is currently working on new VR projects, including the online shooter Frostpoint VR: Proving Grounds for Oculus Rift, HTC Vive and Valve Index helmets.

However, Thirdverse calls its main goal the creation of “virtual worlds” in which VR and blockchain technologies are combined. The company wants people to create an online community for various purposes – be it business conferences, concerts or other meetings.

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