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

Nium Launches Dual-Network Stablecoin Card Issuance Platform

New platform aims to streamline stablecoin card issuance and enhance user experience.Highlights: Nium unveils a new platform for...

Wise Launches UK Current Accounts, Expanding Financial Services

The new accounts aim to simplify banking for UK customers.Highlights: Wise introduces current accounts to UK market.The new...

Lloyds Bank Strengthens Research on AI Impact in Software Engineering

The collaboration aims to explore the future of technology in banking.Highlights: Lloyds Bank partners with the University of...

Valt Bank Secures De Novo Bank Charter, Expanding Banking Options

New bank charter enables Valt Bank to offer innovative financial services.Highlights: Valt Bank has been granted its de...