2024.03.15

Thirdverse, a VR game development company, has completed a funding round, securing a total of $11.29M

SAN FRANCISCO, Calif. - March 15, 2024 - Thirdverse, Co., Ltd., with CEO Hironao Kunimitsu, has raised an additional $3.3M through a third-party allotment of shares underwritten by Nissei Capital Co., Ltd and VeriServe Corporation. This funding, combined with the capital raised in November last year, brings the total series D funding to approximately $11.29M. Including the funds raised before the company's division on May 1, the cumulative total funding amounts to approximately $42M. Going forward, the company plans to strengthen its development teams and infrastructure for the VR title "X8," officially released on November 9, and the ongoing development of "SOUL COVENANT," as well as for the initiation of new projects.

On November 9, 2023, Thirdverse's U.S. studio launched its VR multiplayer hero shooter title "X8." The game is available on the Meta Quest Store, Steam Store, and PICO Store. Within approximately two months of its release, "X8" surpassed 450,000 downloads worldwide. Additionally, the company plans to release its VR dramatic action title "SOUL COVENANT," announced at the Tokyo Game Show 2023, in early 2024.

"X8" Official Website: https://playx8vr.com/
"X8" Grand Release Trailer: https://youtu.be/sAY3uoRgDo8?si=MNujrpXve_u8mUtn

"SOUL COVENANT" Official Website: https://soul-covenant.com/jp/
"SOUL COVENANT" Official 2nd Trailer: https://youtu.be/XwGCBXTny0o?si=ga-UMH4Ibm7v0j9R

About Thirdverse, Co., Ltd

Founded in 2020, Thirdverse, Co., Ltd is a virtual reality game development, distribution and management company paving the path to the metaverse with two studios in Japan and the United States.

In August 2022, the studio launched its next-generation sword-fighting VR title “ALTAIR BREAKER'' for Meta Quest 2 and PCVR. In November 2023, Thirdverse officially launched its multiplayer VR tactical hero shooter title called “X8'' developed by its US Studio. At the Tokyo Game Show 2023, the company also revealed its newest VR project “SOUL COVENANT”, set to release in early 2024. Currently, Thirdverse plans to strengthen the recruitment of VR game creators for the development of new titles, scheduled for release in 2023 and beyond. For more information, visit www.thirdverse.io.

(C) Thirdverse, Co., Ltd