Wolf3D, created and managed by Timmu Barrier, has announced the addition of $13 million in funding to expand Ready Player Me, its metaverse avatar platform.
Labelled as an A-round investment in the platform, the recent funding saw Taavet Hinrikus and Sten Tamkivi as lead investors. Other investors include Tom Preston-Werner, co-founder of GitHub, NordicNinja, Konvoy Ventures, Samsung Next Ventures, Kamerra and Tiny VC.
Trind VC, Spring Capital, Koha Capital, Startup Wise Guys, Estonian Business School, Sebastien Borget, founder of Sandbox, Peter Vesterbacka, former head of Rovio, Joshua Duyan, founder of CTRL Labs, and Markus Villig, CEO of Bolt, also participated in previous rounds of financing the program.
Timmu Tõke, CEO of Ready Player Me said in a statement, “2021 has been a breakout year for Ready Player Me – our avatar platform adoption has grown from 25 to 900 companies. By giving people avatars that travel across virtual worlds, we can make the metaverse more connected.
“The metaverse is not one place or platform, it’s a network of thousands of experiences. With the funding, we will scale our partner network further and will build out monetization tools for developers to help them make money with avatar customization assets and NFT’s. Our goal is to become the default system for the metaverse.”
Ready Player Me is an avatar platform that connects thousands of metaverse virtual worlds, video games, and applications. It allows users to create and develop their very own personal virtual identity which they can use to move from one platform to another.
Users can build these avatars from pictures or entirely from scratch. They will also be usable in more than 900 games and applications. As stated by Tõke, the company has grown rapidly from 25 to 900 companies that now make use of the Ready Player Me platform.
Another of the company’s future projects is bringing virtual fashion and NFT wearables for its avatars. They’ve recently partnered Deadmau5 while maintaining their existing partnerships with popular brands such as Warner Brothers, New Balance and Dior.
Isa Muhammad is a writer and video game journalist covering many aspects of entertainment media including the film industry. He's steadily writing his way to the sharp end of journalism and enjoys staying informed. If he's not reading, playing video games or catching up on his favourite TV series, then he's probably writing about them.
