Worlds, a groundbreaking industrial metaverse company, proudly announced the successful closure of its Series A1 funding round, raising an impressive $21.2 million. This financial boost will be utilized to enhance its artificial intelligence solutions and further advance its cutting-edge technology.
In a time where web3 projects and businesses associated with bitcoin (BTC) are facing layoffs and closures due to market challenges and FTX issues, Worlds Enterprises, Inc. is experiencing a different narrative. According to a recent press release on Jan.9, Worlds, a web3 pioneer known for its innovative 4D system for constructing industrial metaverses, secured the significant funding in its Series A1 round. The round was led by Moneta Ventures, a prominent VC firm in the U.S., with participation from Chevron Technology Ventures, Piva Capital, and other investors.
Founded in 2021, Worlds boasts an industrial metaverse solution that integrates AI-driven automation into the operations of large corporations across various sectors including supply chain, manufacturing, energy, and logistics. This technology enables these companies to unleash untapped value and optimize their processes for maximum efficiency.
Industry experts forecast that the global metaverse market will skyrocket from $61.8 billion in 2022 to over $426 billion by 2027, representing a remarkable Compound Annual Growth Rate (CAGR) of 47.2%. Forward-thinking nations, renowned brands, and savvy investors are increasingly recognizing the immense potential of the metaverse.
As highlighted by crypto.news on Jan.6, tech giant Microsoft emphasized at the Consumer Electronics Show (CES 2023) in Nevada that the metaverse will play a pivotal role in revolutionizing various sectors of the global economy. Stay updated with the latest news by following us on Google News.