Hadian, a company that uses computing to scale virtual and metaverse worlds, has successfully closed its Series A funding round, raising $30 million. Among the companies that have invested are gaming giant Epic Games and Chinese entertainment behemoth Tencent. Hadian aims to continue developing its Metaverse-scale infrastructure and software.
Hadian closed a $30M Series A funding round
UK-based computer company Hadian has raised $30 million to expand its existing reach and enhance its Metaverse skating capabilities.
The company closed a Series A round of funding from big names in the gaming and entertainment business, including Epic Games, developers of the Unreal series of graphics engines, and Chinese gaming-focused company Tencent. In the year Founded in 2015, the company continues to invest in the creation of a software suite that provides skating services to dynamic worlds.
Hadian CEO Craig Beddis said of the company’s vision:
Today’s virtual worlds are limited experiences – small scale, siloed and insecure. So why are these the technical challenges we are solving today? But we believe the real success and mass adoption of Metavas will depend on the ease with which developers can build their own experiences at scale.
Previous customers and Metaverse game
Hadian is providing global design and sizing services to a wide range of clients. The company has partnered with Mojang, the developer of the popular game Minecraft, to provide its Ether Engine distributed computing solutions, allowing the game to perform better.
Recently, Hadian partnered with Epic Games and offered the company to port some of the product’s functionality to the Unreal Engine platform. In July, the company was awarded a contract by the British Army to build and scale a cloud-based simulator to train military forces.
Hadian is expecting to take a place among the top suppliers of Metaverse game processing equipment. Metaverse-related games are expected to grow exponentially this decade. A note released by JPMorgan earlier this month estimated that the market could reach $100 billion in China alone.
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