Worlds Enterprises, a Dallas, TX-based provider of a 4D infrastructure for building the Industrial Metaverse, raised $21M in Series A1 funding.
The round was led by Moneta Ventures with participation from Align Capital, Green Park & Golf Ventures, Chevron Technology Ventures, Piva Capital, PerotJain, and Capital Factory.
The company intends to use the funds to continue investing in its AI platform, expand key go-to-market partnerships, and further expand the adoption of its technology by industrial companies.
Led by Dave Copps, CEO, and Chris Rohde, President, Worlds has created a new 4D infrastructure for building the Industrial Metaverse, a platform that brings AI-based automation directly into ground floor operations of large industrial companies. Inside Worlds, everyday processes and activities are converted into a live data stream that organizations can use to measure, analyze and unlock massive unrealized value. Worlds focuses on sectors in the supply chain, including manufacturing, distribution and logistics, transportation, and energy, as well as national defense.
With their market launch in August 2021, Worlds is already used by some of the largest industrial companies, including Chevron, PETRONAS, and Hillwood Development Company.
FinSMEs
09/01/2023