Jakaverse, a virtual world platform, has raised more than $3 million in a Pre Series A funding round to advance its virtual world project. Jakaverse anticipates creating a more advanced virtual platform that will connect the real and virtual world.
In a July 18 press release, Jakaverse confirmed the successful completion of its Pre Series A funding round that has raised more than $3 million. Jakaverse now aims at reinforcing its leadership in the Metaverse.
The recent funding initiative saw the participation of young millionaire investors, including Mr. Jakapong Prachuabmoh and Ms. Jinthita Chanthasuwansin, the team behind Jakaverse, and Mr. Tanthai Narongkul, the Chief Executive Officer of Titan Capital Group Holdings.
Jakaverse will use the secured funds to develop a new platform that will drive and sustain various partners that previously trusted it nationally. Jakaverse is committed to helping people benefit from the current Web3 functionality, noting that there is a change in how people connect the real and virtual world to the next Metaverse platform.
While commenting on the recent funding, Mr. Jakapong Prachuabmoh, the co-founder of Jakaverse, described Titan Capital Group Holding as a leader in supporting and investing in innovative technologies and startups national and regionally. He added:
“Today, we have grown one more significant step into Pre Series A by Titan Capital because we believe that what we do is a technology that makes history and changes the world, from a down-to-earth online society, VR glasses society to metaverse society.”
According to the top executive, Titan Capital has officially joined the Jakaverse family and will now become a partner. The joint team will use the secured funds to advance its virtual world platform and make various games alongside other innovations.
Prachuabmoh maintained that Jakaverse will in the future move to Series A, B, and C funding and become Thailand’s 2nd and 3rd unicorn. He noted that its Journey with Titan Capital has just begun, arguing that they look forward to transforming the world together.
In her turn, Ms. Jinthita Chanthasuwansin, the co-founder of Jakaverse, also expressed her excitement about the new partnership for the advancement of Jakaverse Metaverse. She noted that Jakaverse had been the virtual world beyond imagination since its inception.
According to Chanthasuwansin, the virtual platform features Game entertainment, Metaverse e-commerce, and innovations with selling points and clear strengths. As a result, many leading brands at national and continental levels have continued to participate in the development of Jakaverse.
Before summarizing, the top executive hinted that Jakaverse will open up more foreign markets that target countries, such as Singapore, Indonesia, China, Dubai, the United Kingdom, and the United States.
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Source: https://insidebitcoins.com/news/jakaverse-raises-3m-in-pre-series-a-funding-to-advance-its-metaverse