Mawari, a San Jose, CA-based company providing XR streaming technology, raised $6.5M in Seed funding.
The round was led by Blockchange Ventures and Decasonic, with participation from Abies Ventures, Accord Ventures, Anfield Ltd., Outlier Ventures, and Primal Capital.
The company intends to use the funds to expand its existing R&D team and to accelerate the launch its network.
Mawari delivers 3D content through Mawari Engine, a patent-pending 3D Streaming CODEC and split-rendering technology. Delivery at scale is achieved via a decentralized 3D content delivery platform that is powered by a network of GPU-powered nodes.
Customers and partners include 8th Wall, BMW, Ericsson, KDDI, Immersal, Niantic, Qualcomm, Sapporo Breweries and T-Mobile.
FinSMEs
10/02/2023