Worlds Enterprises Inc, creators of a new 4D infrastructure for building the industrial metaverse has announced that it has successfully secured $21.2 million in a Series A1 funding round.
Worlds’ Industrial Metaverse platform is gearing up to bring AI-based automation directly to the ground floor operations of large big industrial companies. IoT (Internet of Things) sensors, people and processes can collectively meet within a live digital twin that organisations can use to measure and reimagine their operations in new ways.
Dave Copps, CEO of Worlds commented, “We are thrilled that Moneta and all of our investors share our vision for large-scale digital transformation and believe in the incredible potential of Worlds as much as we do. Businesses today are racing toward a future where the digital and physical worlds fully converge and radically change how they measure, analyze, and reimagine their businesses. That is precisely the work of Worlds and we are the only company on the planet that can do what we do.”
As industrial companies continue to grow, Worlds aims to help these companies observe, analyze and improve daily operations. “We stand unique in a market flooded with point solutions, computer vision companies, digital twin providers, and sensor companies that address only a tiny part of a much larger problem,” says Chris Rohde, President of Worlds. “After hearing from hundreds of digital transformation teams, it is clear that what is really needed is one place where all of these things come together; that is what we built with Worlds.”
The round is led by Moneta Ventures with key participation from existing investors Align Capital, Green Park & Golf Ventures, Chevron Technology Ventures, Piva Capital, PerotJain, and Capital Factory.
Lisa Harris, Founder and Managing Partner, of Align Capital, said, “When we first invested in Worlds, we saw a proven leadership team and unique technology that had the potential to change how large industrial companies see, automate, and optimize their businesses. Since Worlds launched its platform, Fortune 100 clients have proven that they see that too. This is why Align Capital is a proud partner and continues to invest in Worlds.”
Worlds will use its newly secured funding to continue investing in the Company’s AI platform, expand key go-to-market partnerships, and further expand the adoption of Worlds’ technology by industrial companies.
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.
