Hadean, a company that uses compute to scale virtual and metaverse worlds, has successfully completed its Series A funding round, raising $30 million. Among the companies it has invested in are gaming giant Epic Games and Chinese entertainment giant Tencent. Hadean aims to continue developing the metaverse scaling infrastructure and software.
Hadean Closes $30M Series A Funding Round
Hadean, a UK-based computing company, Raised $30 million to extend our current reach and expand our metaverse scaling capabilities.
The company has closed its Series A funding round, attracting backing from big names in the games and entertainment business, including Epic Games, developer of the Unreal series of graphics engines, and Chinese games-focused company Tencent. . Founded in 2015, the company will use the funding to continue innovating its software suite and provide scaling services for the metaverse world.
Commenting on the company’s vision, Hadean CEO Craig Beddis said: said:
Today’s virtual worlds are limited experiences, small, siled, and insecure. Hence, these are the technical challenges we are working on today. But we believe the true success and mass adoption of the Metaverse will depend on how easily creators can build their own experiences at scale.
Former Customers and Metaverse Gaming
Hadean already provides worldwide design and scaling services to multiple customers.Company partnered We collaborated with Mojang, the developer of the popular game Minecraft, to provide the Aether Engine to power distributed computing solutions, helping the game achieve better scaling results.
Hades most recently partnered Epic Games awarded the company a grant to adopt some of their product’s features into the Unreal Engine platform. In July, the company Award A contract by the British Army to build and scale a cloud-distributed simulator for military training.
Hadean expects to be positioned as a top provider of metaverse game scaling tools. Metaverse-related games are expected to grow significantly in this decade.A memo released by JP Morgan earlier this month Estimate The market could reach $100 billion in China alone.
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