Virtualness lands $8m in seed financing raise


Virtualness, a US-based provider of a mobile-first platform to help navigate the Web3 space, has scored $8m in seed funding.

The round was headed by Blockchange Ventures and saw participation from Polygon Ventures, F7 Ventures, Micron Ventures, Oceans Ventures, Neythri Futures Fund, Carolyn Everson, Randi Zuckerberg, Nusier Yassin, Nikki Farb, and Stacy Brown-Philpot.

Founded in 2022, Virtualness is a mobile-first platform designed to help creators and brands navigate the complex world of Web3.

Virtualness claims it puts creators first and is building the playbook for easy design, efficient sharing and seamless digital commerce. Authenticated creators and brands can use Virtualness to design, mint and showcase branded digital collectibles; easily share across their social media channels; directly interact with their community; enable unique experiences and unlock new channels for monetization.

According to the firm, it intends to use the newly raised capital to support a number of key areas, including new hires in engineering, product and design in the US, India, Singapore and Dubai.

The company is also looking to innovate, expand its platform support to additional blockchains, integrate with offline and online experiences and launch its offerings.

Xternity, an Israeli provider of a Web3 platform for games, recently scored $4.5m in pre-seed investment.

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