South Korean Metaverse Pioneer 3i Inc. Secures $24M Series A Funding
South Korean metaverse tech company 3i Inc. has secured nearly $24 million in Series A funding. The investment will fuel the company's expansion and product development.
Founded in 2017, 3i Inc. focuses on hardware and software solutions that blend physical and digital interactions. The company aims to create immersive experiences and innovative content.
The funding round was led by SV Investment, with backing from Korean Development Bank, LB Investment, DS Asset, YG Investment, Intops Investment, Enlight Ventures, NBH Capital, and Korea Asset Investment Securities. Over 50 limited partners from countries like the US, Canada, Germany, Japan, Lebanon, and Panama also joined the round. The company plans to use the funds to develop new products, expand its metaverse platform business, and hire new talent across various departments.
With the successful Series A funding, 3i Inc. is well-positioned to grow its metaverse technology, AI, AR, and VR offerings. The company's focus on immersive experiences and innovative content creation has attracted significant investment, setting the stage for its next phase of growth.