Metaverse News

UK Start-Up Raises $30M For Metaverse Endeavors

On September 23rd, the London-based start-up company Hadean announced it had secured $30 million in a Series A funding round. This round was led by Molten Ventures with additional participation coming from 2050 Capital, Alumni Ventures, Aster Capital, Entrepreneur First, In-Q-Tel, Tencent, and Epic Games.

This money will be used to build out the organization’s record-breaking metaverse infrastructure technology. With these funds, Hadean will move closer to its goal of becoming one of the top providers of video game scaling tools in the metaverse space.

“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,” said Craig Beddis, Hadean’s Co-Founder. “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.”

Founded in 2015, Hadean is a venture-backed company that is looking to change the way we scale and support Web3 endeavors and the metaverse. To date, the company has secured partnerships with many well-known entities including Microsoft, Mojang Studios, Pixelynx, and Sony to name a few.

(All information was provided by, PR Newswire, and TechCrunch)

Check out the industry-leading META Business podcast where we discuss the intersection of business and the metaverse

0 comments on “UK Start-Up Raises $30M For Metaverse Endeavors

Leave a Reply

%d bloggers like this: