Metaverse gaming platform Ready Player Me raises $13m
Metaverse gaming platform Ready Player Me raises $13m in series A funding
Metaverse avatar platform Ready Player Me has raised $13m in a series A funding round led by Wise co-founder Taavet Hinrikus and Teleport founder Sten Tamkivi.
Tom Preston-Werner, co-founder of GitHub, Samsung Next, Konvoy Ventures and Gmoney, is also among the investors.
Ready Player Me, which is created by Wolf3D, aims to offer users their own personalised avatar which can be created on the platform and used across the entire metaverse.
“It makes no sense for each virtual world to build their own avatar system. We spent seven years building the best avatars so you don't have to,” the company said.
Building the metaverse
The company will use the fresh capital to build custom creation tools that will help users build their own avatar from scratch, and allow users to use them across hundreds of apps and games.
The startup also wants to facilitate a frictionless cross-app experience, making it easy for users to travel between virtual worlds with their avatars.
Wolf3D will also use the funding to expand its team from 30 people to 70 as part of its plans to establish itself as the “default avatar system for the metaverse”.
“We couldn’t be more excited to have this incredible list of investors join us on the journey of making Ready Player Me the default identity system for the metaverse,” the company added.