The startup, founded in 2019, has now raised some $23 million in venture capital, since its $1.5 million seed funding from Sky9 in 2019. The company also plans to tap onto VR consoles to expand its adoption from the mobile-only platform. The company said that since the launch of its platform in June last year, more than eight million 3D content has been created, and 3D assets have been traded more than 45 million times. BUD, co-founded by Snapchat alumni Risa Feng and Shawn Lin, allows users to create and share 3D interactive experiences on a global virtual platform. BUD, which is setting up its headquarters in Singapore, has its operations spread across China and the US. “BUD is essentially a new kind of 3D social network.