XRSPACE has raised $25M in funding to expand its position in the metaverse space and innovate new experiences.
Foxconn Technology Group led the funding round in partnership with Taiwan's National Development Fund.
- The investment will accelerate the company's R&D efforts to shape the next generation of 3D live and social experiences.
- XRSPACE will use the funds to launch and evolve innovative partnerships in Taiwan, China, Japan, and the U.S.
- Through
its business-focused GOXR platform, XRSPACE has launched metaverse
experiences for various organizations and introduced culturally-relevant
content.
- Through PartyOn, its entertainment-focused metaverse
platform, XRSPACE has hosted over 700,000 users and partnered with nana
music and Taipei Pop Music Center to extend their services into the
metaverse.
- XRSPACE has
focused on integrating AI, 5G, XR, and cloud technologies to provide
relevant experiences and elevate metaverse relevance to global
mainstream audiences.
