Fwd: Startups building the metaverse
From: AngelList Weekly <newsletters@marketing.angel.co>
Date: Fri, 29 Oct 2021 at 2:22
Subject: Startups building the metaverse
To: <lakinkfirkfir@gmail.com>
Photo by Genies Big Tech is so meta these days.
Facebook reportedly plans to rebrand as a metaverse company (its CEO envisions an "embodied Internet"), while Niantic, TikTok, and Apple vacuum up VR startups to create their own mixes of physical and virtual worlds. Even Microsoft is getting into the mix.
This is all a bit spooky, considering the term "metaverse" was first used to describe a virtual world owned by corporations in Stephenson's 1992 dystopian sci-fi novel Snow Crash.
Here are some of the not-so-giant startups helping to build the metaverse.
Engines
These startups develop tools to create 3D worlds of the future:
Meta-creators
Others are working to create those online worlds and the people you'll meet there:
After coining the term, author Stephenson set his sights beyond the metaverse—to the actual universe. He was the first employee of Jeff Bezos's space exploration startup Blue Origin.
Which is, like, so meta. Hot startups hiring now 🔥
Funding and acquisitions Ando, a San Diego, Calif.-based sustainable banking service launched this year, raised a $6M seed round led by TTV Capital to fund solar initiatives and other carbon-reducing projects using customer deposits. Tel Aviv, Israel-based SaaS startup Cyabra raised a $5.6M Series A led by OurCrowd to develop disinformation detection tools. Its software measures authenticity and impact within an online conversation and detects false information. HiveWatch, an L.A.-based startup, raised a $20M Series A led by former Twitter executives Dick Costolo and Adam Bain to help businesses modernize their physical security using sensor fusion (the collection of data from multiple sensors) and machine learning. XanPool, a Hong Kong-based defi payment network with 500k global users, raised a $27M Series A led by Valar Ventures. The company's software enables people to create non-custodial crypto-to-crypto networks of liquidity providers. |
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