Hadean, a London, UK-based metaverse infrastructure technology startup, raised $30m in Series A funding.
The round was led by Molten Ventures, joined by 2050 Capital, Alumni Ventures, Aster Capital, Entrepreneur First and InQTel. The Series A, along with an investment from Epic Games, will help Hadean build out the company’s scalable, interoperable and secure metaverse capabilities.
The company intends to use there funds to build out its technology – already supporting virtual worlds in immersive entertainment and enterprise digital twins, and accelerate its ability to give creators the tools in new and emerging metaverse markets.
Led by Craig Beddis, Co-Founder and CEO, Hadean provides a distributed cloud platform that enables scalability, security, and interoperability, driving the metaverse and digital immersive experiences for enterprise, commercial, gaming and government customers. The company has developed vital metaverse components and signed multi-year agreements in entertainment (Minecraft, Pixelynx, Sony and Gamescoin), as well as with education and enterprise digital twin providers. To date, Hadean has worked with organisations such as Microsoft, Minecraft, Epic Games, Sony, Gamescoin, Pilxelynx, Francis Crick, CAE, BAE and Thales.