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Mawari Raises $10.8 Million to Boost Spatial Computing

Sep 26, 2024
  1. Funding and Investors
  2. Mawari's Technological Achievements
  3. Future Plans of Mawari

Mawari, a decentralized content delivery network, has raised $10.8 million in a strategic funding round to further develop its spatial computing technologies.

Funding and Investors

Mawari, a leading DePIN (Decentralized Physical Infrastructure Network), recently secured $10.8 million in a strategic funding round led by Anfield LTD, Borderless Capital, and 1kx. These investors were joined by Accord Ventures, Animoca Brands Japan, Blockchange Ventures, Draper Dragon, iAngels, Mulana Ventures, Parami Investors, Samsung Next, and Waldo Holdings, as well as notable angel investors like Ivan Brightly, Joshua Frank, Pete Townsend, and Sean Carey.

Mawari's Technological Achievements

Mawari is a pioneer in 3D streaming with three patents granted and 11 in process, alongside 40 clients including KDDI, Netflix, and BMW. Mawari enables real-time 3D content streaming to spatial computing devices like Apple Vision Pro, Meta Quest 3, and Meta Orion AR Glasses through a global network of GPUs, leveraging Web3 elements to overcome the limitations of traditional centralized networks.

Every time I see what Mawari is building, I am reminded of how wild the future of spatial computing will be.Sean Carey, Helium Co-Founder and Partner at Borderless Capital

Future Plans of Mawari

Mawari plans to use the raised funds to open new markets and continue enhancing its Spatial Streaming SDK. The team will also intensify business development efforts to reach more clients and markets, in line with the growth of spatial computing devices and applications in Asia and the Americas. Founded in 2017, Mawari has since launched the Mawari Network — the only full-stack spatial computing platform offering decentralized compute and storage resources optimized for AR/VR experiences.

Our vision has always been to bring immersive experiences to everyone, and this investment will unlock the platform for a broader community to build the 3D Internet with us.Luis Oscar Ramirez, Founder & CEO of Mawari

Mawari, actively developing cutting-edge technologies and expanding its network, has ambitious goals for advancing spatial computing and attracting new customer segments. The strong team and support from major investors will aid Mawari in achieving these objectives.

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