Funding Milestone Achieved by Thirdverse
Thirdverse, Co., Ltd., led by CEO Hironao Kunimitsu, has successfully completed another funding round, securing an additional $3.3 million. This funding was acquired through a third-party allotment of shares, with Nissei Capital Co., Ltd and VeriServe Corporation as the underwriters. When combined with the capital raised in the previous funding round in November last year, Thirdverse’s series D funding now totals around $11.29 million. This increase brings the company’s overall funding to roughly $42 million since its inception.
Strategic Investments in VR Development
The financial infusion is set to bolster Thirdverse’s development capabilities, particularly for their virtual reality (VR) game titled “X8,” which was officially released on November 9. The company is also focusing on the development of another title, “SOUL COVENANT,” and plans to kick-start new projects. These strategic investments aim to enhance the company’s infrastructure and development teams, ensuring sustained growth and innovation in their VR game offerings.
Game Releases and Achievements
Thirdverse’s U.S. studio recently launched X8, a VR multiplayer hero shooter game, available on the Meta Quest Store, Steam Store, and PICO Store. Since its release, “X8” has achieved significant success, surpassing 450,000 downloads globally within approximately two months. Furthermore, Thirdverse is preparing to launch “SOUL COVENANT,” a VR dramatic action game, in early 2024. This game was first introduced to the public at the Tokyo Game Show 2023, indicating the company’s ongoing commitment to delivering engaging and innovative VR experiences.
