Mawari: Raises $6.5M in Seed Funding

Mawari Raises $6.5M in Seed Funding

  • Mawari, a San Jose, CA-based company providing XR streaming technology, raised $6.5M in Seed funding
  • The round was led by Blockchange Ventures and Decasonic, with participation from Abies Ventures, Accord Ventures, Anfield Ltd., Outlier Ventures, and Primal Capital
  • The company intends to use the funds to expand its existing R&D team and to accelerate the launch its network
  • The company delivers 3D content through Ma wari Engine, a patent-pending 3D Streaming CODEC and split-rendering technology
  • Delivery at scale is achieved via a decentralized 3D content delivery platform that is powered by a network of GPU-powered nodes
  • Customers and partners include 8th Wall, BMW, Ericsson, KDDI, Immersal, Niantic, Qualcomm, Sapporo Breweries and T-Mobile
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Revolut Launches Platform to Streamline Overseas Talent Hiring

Revolut's new service aims to simplify global recruitment for businesses.Highlights: Revolut launches a platform for hiring overseas talent.The...

Revolut Strengthens Business Recruitment Platform in New Markets

The fintech giant expands its offerings targeting recruitment needs globally.Highlights: Revolut enhances its platform for business recruitment.The expansion...

UniCredit Selects Slate to Strengthen Retail Investment Services

The partnership aims to enhance digital investment options for customers.Highlights: UniCredit partners with Slate for enhanced retail investment...

Derek White Launches Primitive AI Agent Operating System to Transform Banking

The new system aims to enhance operational efficiency in financial services.Highlights: Derek White unveils Primitive, an AI agent...