Thursday, November 21, 2024
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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

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