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AI-powered gaming platform Ultiverse has raised $4 million through a private token sale to enable Web3 game production and publishing.
IDG Capital led the round with additional funding from Animoca Brands, Polygon Ventures, MorningStar Ventures, Jacob Ko (partner at Superscrypt), Taiko, ZetaChain, Manta Network, and DWF Ventures. This funding brings Ultiverse’s valuation to $150 million.
“The capital allows us to accelerate our vision of building the most intuitive AI-powered platform for Web3 game creation,” said Frank Ma, Ultiverse CEO, in a statement. “Going forward, Ultiverse remains committed to delivering an ecosystem with accessible tools and captivating experiences to nurture the next generation of AI-driven Web3 games. Next week, Ultiverse will release Ulti-Pilot, an immersive portal to the universe’s diverse gaming experiences, powered by AI.”
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