Oorbit, the emerging technology company making high-quality interactive entertainment for the metaverse available to everyone, has closed a $5 million (£3.8m) seed round of funding.
Participants in the round include renowned investor and Shark, Mark Cuban, Pixelynx (deadmau5) and HOF Capital. Set to launch later this year, Oorbit has developed the only infrastructure that unites metaverse experiences and worlds into one place, removing barriers to entry.
The Oorbit platform empowers players to experience high quality games, events, interactive media, marketplaces, and more from best-in-class content partners.
With more details to come, Oorbit will be accessible in one easy-to-navigate platform on the types of screens users already own.Investor and entrepreneur, Mark Cuban, explained: “As the metaverse moves from our imaginations into actual entertainment, experiences and products, Oorbit’s founders have created an innovative platform where developers, publishers and brands can create and more easily deliver their most compelling work.“Best of all, and core to their plan, Oorbit has put the user at the centre of their technology so they enable games and even worlds that will delight all comers, and blaze a path for metaverse growth overall.”Ash Koosha, CEO and Oorbit cofounder, continued: “Oorbit is demystifying the major technologies that will play the biggest role in the growth of Web 3.0 and the metaverse, blockchain, cloud streaming, NFTs, fintech and more.“We are combining the best parts of these complex technologies to enable episodic entertainment that is not just incredible but also approachable, for all audiences.
Read more on dailyrecord.co.uk
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