Allseated Platform Raises $20 Million in Funding
Date: 2023-08-30 Author: Karina Ziganova Categories: BUSINESS, IN WORLD
Allseated, a 3D visualization platform, has raised $20 million in funding. The investment advisory round involved Level Structured Capital, Magma Ventures, Vestech Partners and NYFE.
The Allseated service was launched in 2011. It is used to arrange metaverse tours with virtual twins, time-based conferences, and 3D design of building floors.
In 2022, Allseated raised $15 million in funding to “go beyond event visualization and enter the enterprise metaverse,” according to the source.
The platform will use the funds to further expand its business and scale its services.
The company announced that the division uniting the metaverse Meetaverse will become a separate organization. But Allseated did not disclose details of who will lead the sector and how it will be funded.
In April 2023, Mark Zuckerberg stated that metaverses and artificial intelligence are paramount for Meta. At the same time, 70% of the heads of Indian companies want to integrate them into their business activities.
