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Metaestate Has Closed A Multi-Million Dollar Strategic Round Of Funding Led By Matrixport And Sevenx Ventures

May 25, 2022•about 3 years ago

Description

Recently, MetaEstate, a Singapore-based metaverse service provider, announced that it has recently closed a multi-million dollar strategic round of funding led by Matrixport and SevenX Ventures, followed by Everest Ventures Group and Y+ Ventures. Besides, Cryptogram Venture (CGV), a Japanese fund that invested in the previous round, performed the follow-up investment in this round. In the current round of funding, several partners of crypto investment institutions also participated in the investment as individuals.

Company Information

Company

Meta Estate

About

Through this strategic round of financing, MetaEstate will introduce a series of strategic partners to provide the necessary support for the following layout of virtual real estate operation, fund capitalization, business globalization, EstateFi financial cooperation and other emerging business segments. Jerome, a partner of Everest Ventures Group, said that it would help MetaEstate develop a more personalized, differentiated, and diversified competitive advantage in the virtual real estate market by cooperating with ecological partners, including Sandbox and Animoca's ecological resources in the GameFi and NFTs, using EVG's metaverse IP resources and invested companies, and providing innovative application scenarios.Y+ Ventures MetaEstate has high potential to generate economics of scale around the land development, construction, and property management of the metaverse.