Transmira, a Raleigh, North Carolina-based metaverse platform, received $4m in funding.
nChain, a provider of Web3 and Blockchain technologies, is taking a 20% equity stake in the company.
Led by Robert Rice, Transmira provides a platform that develops technology, products, and services for businesses, brands, and creators in the first real-world metaverse platform, OMNISCAPE™. The platform features city-scale digital twins, virtual goods monetisation, and the combination of Augmented and Virtual Reality.
With a focus on functionality, utility and commerce, Transmira enables brands to monetise virtual goods generating user engagement and brand loyalty via virtual marketplaces. The foundational blockchain technology allows users and brands to transact and exchange value in a secure, trusted, and authenticated way.
By leveraging nChain’s Web3 and Blockchain IP portfolio, the partnership will increase the company’s value to bolster its market valuation for future investment rounds. nChain will also support Transmira through Sales and Marketing professional services, using their expertise in Go-To-Market strategies to drive the adoption of the platform.
FinSMEs
01/05/2023