Hadean, a deep tech start-up based in London, recently received $30 million in funding for its development of infrastructure for virtual worlds. They firm’s metaverse infrastructure technology is considered among the best in the world.
The Series A funding round was led by Molten Ventures and included participation of 2050 Capital, Alumni Ventures, Aster Capital, Entrepreneur First and InQTel.
The funding along with an investment from Fortnite creators, Epic Games, will accelerate the optimization of Hadean’s scalable, interoperable and secure metaverse capabilities.
Hadean already has multi-year agreements in place in the space of entertainment with Minecraft, Pixelynx, Sony and Gamescoin. The vital metaverse components it has developed also power enterprise digital twin providers.
Hadean Co-Founder and CEO, Craig Beddis, said:
“Hadean’s mission is to bridge physical and virtual worlds – to help us make better decisions and ultimately improve the quality of our lives in the physical world. Today’s virtual worlds are a limited experience – small scale, siloed, and insecure. Hence why, these are the technical challenges we’re tackling today. But we believe the true success and mass adoption of the metaverse will rely on the ease by which creators will be able to build their own experiences at scale, leveraging open and robust metaverse-as-a-service technologies. We’re delighted to work with industry leaders like Epic Games, who share our ethos and ambition for this reality.”
Vice President of Epic’s Unreal Engine Ecosystem, Marc Petit, added:
“Hadean’s computing power will provide the infrastructure that’s needed as we work to create a scalable metaverse. The company’s technology complements Epic’s Unreal Engine by enabling massive amounts of concurrent users and unlocking new tools for creators and developers. We are pleased to contribute to Hadean’s growth and look forward to continuing to work together to lay the foundation for the metaverse.”
BREAKING 🚨 We’ve secured $30 million to continue developing the tools that power the #metaverse. Led by @MoltenVentures and with additional support from fresh investors like @EpicNewsroom, the funding will have a profound impact on Hadean’s growth. https://t.co/EIxBhd7fMT
— Hadean (@hadeaninc) September 23, 2022
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