Gamepost.io
  • News
  • Developers
  • NFT
  • Metaverse
  • DeFi
  • Education
  • Glossary
  • Press Release
  • Contact Us
Reading: AI-Powered Gaming Platform Ultiverse raised $4 Million at $150 Million Valuation
Share
Aa
Gamepost.io
Search
  • News
  • NFT
  • Metaverse
  • DeFi
  • Education
  • Events
  • Bookmarks
  • Contact
  • Contributors
Follow US
© Gamepost.io
Metaverse

AI-Powered Gaming Platform Ultiverse raised $4 Million at $150 Million Valuation

Gamepost
Gamepost Published February 14, 2024
Share
3 Min Read
SHARE

Ulitverse, an AI-powered one-stop platform for Web3 gaming production and publishing, is thrilled to the completion of its strategic round of $4 million.

This round is led by IDG Capital, followed by Animoca Brands, Polygon Ventures, MorningStar Ventures, Taiko, ZetaChain, Manta Network, DWF Ventures, and Jacob KO (Partner of Superscrypt), etc. 

“The capital allows us to accelerate our vision of building the most intuitive AI-powered platform for web3 game creation,” said Frank Ma, Ultiverse CEO. “Going forward, Ultiverse remains committed to delivering an ecosystem with accessible tools and captivating experiences to nurture the next generation of AI-driven Web3 games” Frank Ma added.

Next week, Ultiverse will release Ulti-Pilot, an immersive portal to the universe’s diverse gaming experiences, powered by AI. It is one step closer to materializing gaming interoperability through AI and blockchain. The team plans to launch Gaming Launchpad, Restake Rollup and dapps in the future.” Frank Ma concluded.

Since its inception in 2022, Ultiverse has:

  • Launched its genesis NFT, Electrisheep (Floor price at 2 ETH, MarketCap $30M).
  • Unveiled the Ultiverse Main World, marking the official opening of the Ultiverse World Book, supported by AI.
  • Released Terminus PC and Vision Pro versions on Steam, featuring AI-powered Non-Player Characters (NPCs).
  • Launched three DApps: Meta Merge, Terminus City, and CricketFly.

Ultiverse was founded in 2022 by Frank Ma, Jimmy Liu, and Joe Chou. Ultiverse’s registered users have surpassed 7.3 million as of December 2023, and Monthly Active Users (30-day average) is more than 830,000 globally. Investors in the previous round include Binance Labs, Sequoia, DeFiance Capital, Emirates Consortium, MorningStar Ventures, GSR Ventures, Foresight Ventures, etc. This round of funding is at the evaluation of $150 million.

About Ultiverse

Ultiverse is an AI-powered one-stop platform for Web3 gaming production and publishing, catalyzing the mass adoption of AI-enhanced Web3 games. The team consists of gaming, tech, and blockchain project veterans, who graduate from Carnegie Mellon University, Tsinghua University Yao Class, and The Hong Kong University of Science and Technology, etc. For more information, users can visit https://www.ultiverse.io/.

You Might Also Like

My Neighbor Alice & Pudgy Penguins Unite: A Big Milestone for Interoperability

DeFi Kingdoms Launches Patrols For Easy Accessibility To Web3 Combat Gaming

Wilder World Unveils Gameplay Trailer, Showcasing a Cutting-Edge Metaverse Experience

American Egg Board Debuts “Tower of Eggs” Activation in Roblox, Featuring Obstacle Gameplay and Recipe Challenges

MetaTower: A World in Creators’ Hands – Ecosystem Update with DeFi, Staking, and USDT Rewards

TAGGED: Binance Labs, Sequoia, Ultiverse
Share this Article
Facebook Twitter Email Print

New Releases

Trending Stories

web3 gamer cheated
News

Web3 Gaming: Are They Breaking Free from Poor Quality?

January 16, 2025
GameFi

Breaking Barriers: The Day of Duel Platform Empowers Newcomers in the Gaming World

June 2, 2023
News

Innovation Across Borders: Celebrating Success at NBX Berlin 2023

December 21, 2023
News

Gomble Games Announces Launchpool #2, Merging Gameplay and Social Platform 

October 15, 2024
Forgotten Playland
News

Forgotten Playland: A Multiplayer Party Game Like No Other Is Live On Epic Games Store

March 27, 2025
My Neighbor Alice Airdrop 500k
News

My Neighbor Alice Announces 500K $ALICE Adventure Airdrop Party

June 3, 2025

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

Follow US on Social Media

Facebook Twitter Instagram Linkedin
Gamepost.io

More from Gamepost.io

  • Contact
  • Privacy Policy
  • Advertising
  • Subscribe
  • Submit a press release
adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Lost your password?