METAV.RS announces a fundraising round on 3 million euros. The tricolor startup is developing a podium authority brands on throw quick to metaverse and issue themselves NFT.
Founded at the beginning of the year in Paris by Simon and Clément Foucher, Jérémie Salvucci and Adrien De Lavenere-Lussan, METAV.RS is accelerating now with a collection of 3 million euros led by the Singaporean Web3 Fund jsquare (DFG Group).
The round table, which was announced on Monday, also included the participation of Sia Partners and 50 partners as well as angel investors such as David Ballandco-founder of LedgerSébastien Borget, COO of The Sandbox or Michael Amarco-founder of Ifeelgoods.
Incubated at Station F, the young shoot offers a no code metaverse platform with brands facilitating the integration and management of product catalogs in dedicated virtual worlds called ” Minivers “. The solution, in white label, allows brands to offer a Web3 experience to their customers. This may include almost multiply on physical products and offer it in NFT format using the METAV.RS 3D Builder tool.
The advent of Web3 led to a decentralization of the web and the emergence of many new virtual universes. The challenge for brands is to simply activate and manage their presence in the evolving universe. […] We have created a simple tool that allows brands to manage their activity in metaverses, a kind of metaverse CMS”, introduced Clément Foucher, co-founder of METAV.RS, in a press release shared on Coins.co.uk.
METAV.RS boasts of already serving a dozen key account customers. The startup, which has offices in Paris, Angers, Vierzon, Seoul and Hong Kong, will use the newly raised funds to speeding up its developmentespecially to Asia – a very good market according to him.
Investment bank Citi estimated at metaverse market potential to more than 8 trillion dollars in 2030. For Morgan Stanley, the luxury NFT market in the meantime may weigh 56 billion dollars then.
A number of major brands, including Balmain, Puma, IKKS, Gucci and Yves Saint Laurent, have already dived into Web3 with the implementation of NFT and metaverse customer experiences.
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