British startup Improbable has raised $150 million to build an interoperable M² metadata network.
Today we are announcing the M2.
First #metaverse network to enable and grow rich, high-density, large-scale virtual worlds.
Backed by celebrities #web3 and #crypto names: @a16z @mirana @DCGco @alliancedao
Learn more: https://t.co/F2g8Ej5Zpw pic.twitter.com/k8wyTmTeBR
– Improbable (@Improableio) April 7, 2022
The funding round was chaired by Andreessen Horowitz and SoftBank Vision Fund 2. Mirana, Digital Currency Group, CMT, SIG, and Ethereal Ventures also participated.
Improbable helps various platforms implement Web 3.0 elements and initiate metadata transfers based on proprietary solutions.
“The M² Network will combine Morpheus technology with new services focused on interoperability, digital asset trading and Web3 management,” the startup blog says.
Recall that in April, The Kingdom metaverse raised $3.6 million from Alameda Research and other investors.
Source: Fork Log
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