Metasense B88: Raises USD5M In Funding

Metasense B88 Raises USD5M In Funding

  • Metasense B88, a Portuguese metaverse venture builder, raised USD5M in funding
  • The round was led by Luduson G Inc. (OTCQB: LDSN)
  • The company intends to use the funds to grow its global venture studio offering and deliver value for its stakeholders
  • The company is a venture builder that collaborates with entrepreneurs to craft ventures rooted in spatial data, delivering connected and intelligent customer experiences
  • It plans to launch a series of projects already in its innovation pipeline while simultaneously creating new ventures
  • The Metaverse is a virtual world powered by technologies such as AI, ML, Blockchain, and Augmented Reality, among others
  • It provides immersive experiences that simulate the physical world, enabling people to interact in virtual communities using avatars
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

UK Banks Seek Alternatives to Visa and Mastercard Amid Concerns

Financial institutions explore options for payment processing independence.Highlights: UK banks are seeking alternatives to Visa and Mastercard.Concerns arise...

Emirates NBD Leads $31 Million Round in Real Estate Investment Platform

Emirates NBD funds real estate platform for enhanced investment opportunities.Highlights: Emirates NBD leads a $31 million funding round.Investment...

NatWest Highlights AI Benefits for Customers Amid Digital Shift

The bank reports improved services through enhanced AI technology.Highlights: NatWest reports AI implementation has enhanced customer experiences.The bank...

Lloyds Investigates Use of Staff Bank Data During Pay Talks

The bank is reviewing data usage amid negotiations with staff over pay.Highlights: Lloyds Banking Group is reviewing data...