Samsung Invests In $25M Funding Round Of Metaverse Firm DoubleMe

By Varinder Singh 10 minutes earlier Updated 10 minutes earlier 9c9064f4aefddeae70393b1d8420e2f8 - Samsung Invests In $25M Funding Round Of Metaverse Firm DoubleMe 14 9e0e95b613bfd6e73730f485313e2ce6 - Samsung Invests In $25M Funding Round Of Metaverse Firm DoubleMe 15 ddb4c5fcfe9ef1e135e9c048f218c0a9 - Samsung Invests In $25M Funding Round Of Metaverse Firm DoubleMe 16 Follow us on Twitter Best Buy In

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20% APY 93927a4239b0e63ad11a50c8340c11ee - Samsung Invests In $25M Funding Round Of Metaverse Firm DoubleMe 17 c038b0f9a33e3310067079522a58ea14 - Samsung Invests In $25M Funding Round Of Metaverse Firm DoubleMe 18

South Korea’s biggest firms, consisting of electronic devices firm Samsung, investment company NH Investment as well as Coentry Investment, have actually led a $25 million funding round for metaverse start-up Do ubleMe.

Do ubleMe was started by Albert Kim, Michael Kuczynski, as well as Heeyoung Kim in 2015. During the first years, the business supplied remedies to transform 2D video clips right into 3D designs.

Samsung, NH Investment Pours Funds Into Do ubleMe

Do ubleMe, a South Korean start-up, is just one of the leading firms operating in the metaverse market. The business has actually collected large focus after it released the metaverse remedy TwinWorld. The metaverse system incorporates the electronic as well as real world with the assistance of the increased truth (AR) experience.

The most recent funding by Samsung, NH Investment, as well as Coentry Investment will certainly assist Do ubleMe expand significantly, the business claimed. The business prepares to make use of the funds for item growth, client procurements, advertising, as well as working with brand-new workers.

Furthermore, the business prepares to release an industrial variation of TwinWorld. It will certainly bring significant renovations as well as assistance AR gadgets like the Nreal headsets. The business’s customers are spread out throughout 17 cities around the world.

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e598445383c0d2ff35b0435e84c876fe - Samsung Invests In $25M Funding Round Of Metaverse Firm DoubleMe 19Samsung Invests In $25M Funding Round Of Metaverse Firm Do ubleMeNews 493123112e482a3ef996369716b78c84 - Samsung Invests In $25M Funding Round Of Metaverse Firm DoubleMe 20Just-In: This Sports NFT Platform Just Raised $120 Mln In FundingNews 9c5f41a1905d13db7508c51e63ea0e4f - Samsung Invests In $25M Funding Round Of Metaverse Firm DoubleMe 21Community Matters: Why The Metaverse Startup Integrator Is The Place To BeNews 4dc175fba1fbe5d28406f65a0ace042e - Samsung Invests In $25M Funding Round Of Metaverse Firm DoubleMe 22Ethereum To Outperform Bitcoin In 2022, Report ShowsNews 3ed4cc92919b8c3789b5471bfa095d61 - Samsung Invests In $25M Funding Round Of Metaverse Firm DoubleMe 23Goldman Sachs Keen On Joining FTX IPO As Crypto Interest GrowsNews

The metaverse business has actually succeeded in presenting numerous innovations in the metaverse area. Do ubleMe’s earnings had actually likewise climbed to $4.5 million. Previously, the business had actually elevated $1 million in seed funding as well as got a $16 million give from the South Korean federal government.

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Moreover, the business has actually likewise obtained support from leading international firms consisting of T-Mobile, BT, Vodafone, Orange, as well as Telefonica.

South Korea’s Push right into the metaverse

South Korea is leading the metaverse as well as NFT race, together with crypto fostering around the world. The South Korean federal government has actually also introduced a 5-year strategy to end up being a worldwide leader in the metaverse market. More than 200 firms will certainly be operating in the brand-new area.

South Korean titans such as SK Group, Samsung, as well as LG have actually currently introduced numerous tasks associated with NFT as well as metaverse. The assistance from the federal government as well as leading firms will certainly better expand metaverse firms like Do ubleMe.

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The provided material might consist of the individual viewpoint of the writer as well as undergoes market problem. Do your marketing research prior to buying cryptocurrencies. The writer or the magazine does not hold any kind of obligation for your individual economic loss. 4ba39f9e7e46852299ca37a60352d325 - Samsung Invests In $25M Funding Round Of Metaverse Firm DoubleMe 24 LinkedIn Varinder Singh 104 Articles Varinder is a Technical Writer as well as Editor, Technology Enthusiast, as well asAnalytical Thinker Fascinated by Disruptive Technologies, he has actually shared his understanding concerning Blockchain, Cryptocurrencies, Artificial Intelligence, as well as the Internet ofThings He has actually been connected with the blockchain as well as cryptocurrency sector for a significant duration as well as is presently covering all the most recent updates as well as growths in the crypto sector. d351951b7df805dc7cf1dc5f4bcae6b6 - Samsung Invests In $25M Funding Round Of Metaverse Firm DoubleMe 25Previous

Ethereum To Outperform Bitcoin In 2022, Report Shows

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