AI and metaverse technology and content company Futureverse raises $54 million in a new round of funding. 10T Holdings and Ripple Labs led the round.

Futureverse wants to combine technological infrastructure and AI-driven content to create the open metaverse that everyone envisions. With the help of its tremendous partners 10T and Ripple, Futureverse aims to take the metaverse from an abstract idea to a practical, accessible, and interactive destination.

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Futureverse was founded to enable developers and users to create and utilise interactable content and applications previously unavailable in the metaverse.

Futureverse raises
Aaron McDonald and Shara Senderoff, founders of Futureverse

The company’s technology platform includes a powerful set of proprietary content generation tools using artificial intelligence to enhance the music, objects, characters and animations that make up the meta-universe.

Futureverse will use the proceeds from the funding round to continue developing the company’s comprehensive technology, including its Futureverse Platform featuring “Powered By Futureverse” tools and products.

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