Condense, a Metaverse company, raises $4.5 million to speed up the adoption of VR streaming.

July 29, 2022

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Bristol -based Bristol raised $ 4.5 million in its last seed chain, which produces technologies that produce technologies to broadcast virtual reality programs. Local CLOP under the guidance of 7 % of DeepTech’s investments and laboratories, the budget to deepen its relationships with more companies to deepen their relationships with artists, tags, content and site editions. Bristol-based streaming technology provider Metaverse Content has announced that it has raised $4.5 million in its latest seed funding round. The funding round, led by LocalGlobe, 7 Percent Ventures and DeepTech Labs, will reportedly allow the company to build deeper relationships with artists, labels, content creators and Metaverse platforms. The content offering is considered an infrastructure-as-a-service business, which means that the company offers a time-based rendering service and 3D data that allows any meta-universe world to exist using engines such as Unity or Unreal. An engine will be introduced into the real-world arena.

Actually, there is. This means that every spectator can experience the real events taking place on the pitch or in the stadium. This is known as “Video 3.0” of Content. Founded in 2019, the company was motivated by the Covid-19 pandemic and the growth of virtual reality applications for remote events during that period. The company later received $820,000 in a seed round led by SFC Capital. This is another focus of the metaverse field, which seeks to transform real-world events and places into virtual worlds. In the past, the company has worked on joint projects with BT Boxing Broadcasting Studio. However, the success of these technologies is due to the use of VR headsets such as Meta Quest, which Meta also uses to access its main core application Metaverse Horizon Worlds.

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