AI gaming platform Ultiverse completes $4 million strategic round of financing, led by IDG Capital

ChainCatcher news, the AI-driven Web3 gaming platform Ultiverse has completed a $4 million strategic funding round, led by IDG Capital, with participation from Animoca Brands, Polygon Ventures, MorningStar Ventures, Taiko, ZetaChain, Manta Network, DWF Ventures, and Jacob KO (partner at Superscrypt).

It is reported that Ultiverse was founded in 2022 by Frank Ma, Jimmy Liu, and Joe Chou. As of December 2023, Ultiverse has over 7.3 million registered users, with over 830,000 monthly active users (30-day average) worldwide. Previous investors include Binance Lab, Sequoia Capital, DeFiance Capital, Emirates Consortium, MorningStar Ventures, GSR Ventures, and Foresight Ventures, with this round of financing valuing the company at $150 million.