Mawari: Raises $6.5M in Seed Funding

Date:

Share post:

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.

Related articles

Top Cybersecurity Incidents of 2025: Key Lessons for the Fintech Industry

Exploring major cybersecurity breaches and their implications for fintech.Highlights: Overview of significant cybersecurity breaches in 2025.Key lessons learned...

Citigroup Exits Russia with $12 Billion Loss in Operations Sale

A significant move in Citigroup's strategy amidst geopolitical tensions.Highlights: Citigroup announces the sale of its remaining operations in...

Key Fintech Trends to Watch in 2025: Innovations and Opportunities

Discover the major fintech developments shaping the industry in 2025.Highlights: Growing adoption of AI technology in financial services.Increased...

Lloyds to Cease Invoice Financing Services According to FT Reports

A significant shift in Lloyds' financial services strategy amid changing market conditions.Highlights: Lloyds Bank plans to shut its...