Mytaverse raises $7.6 million for its business metaverse platform

Mytaverse’s platform enables businesses to use the metaverse for various purposes.
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Mytaverse offers hybrid reality solutions.

Florida-based Mytaverse announced that it has raised $7.6 million from its seed funding round for the metaverse for businesses. Thanks to this new platform, businesses will be able to carry out meetings, negotiations, and activities to meet various corporate needs over the same metaverse.

The funding round was led by Blumberg Capital, with participation from Baselayer Ventures, Correlation Ventures, and Accelerator Ventures. After the investment David Blumberg, Founder and Managing Partner of Blumberg Capital, and John Paul Milciunas of Baselayer Ventures will join Mytaverse’s Board of Directors.

On the subject, David Blumberg said:

“The pandemic was a catalyst for virtualization and the opportunities for innovation in the metaverse continue to expand. Mytaverse embodies the future of the virtual enterprise, where companies increase engagement and efficiency by creating compelling experiences in the metaverse. We are proud to partner with Kenny, Jaime, and the Mytaverse team as they help organizations unleash the potential of the business metaverse and bring transformative technology solutions to the enterprise and beyond.”

Founded in 2020 by Kenneth Landau and Jaime Lopez, Mytaverse is a platform that enables business people to meet in immersive, realistic 3D worlds. This cloud-based platform offers many possibilities, such as meeting rooms, conference rooms, training simulations, events, and exhibition areas. Officially launched in 2021, the platform has already provided metaverse solutions to well-known brands such as PepsiCo, Zaha Hadid Architects, Dassault Aviation, and Tekni-Plex.

Mytaverse will use the $7.6 million investment to expand its sales and technology teams and build strategic partnerships by deepening brand engagement.

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