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Mawari Secures $10.8M for Decentralized Spatial Computing Network

Sep 26, 2024
  1. Funding and Investor Support
  2. Mawari Technologies
  3. Future Plans

Mawari, a Decentralized Physical Infrastructure Network (DePIN) leading the way in spatial computing, has raised $10.8 million in a strategic funding round led by Anfield LTD, Borderless Capital, and 1kx.

Funding and Investor Support

Industry investors and operators, including Accord Ventures, Animoca Brands Japan, Blockchange Ventures, among others, support Mawari, founded in 2017. The company is already a leader in streaming immersive content.

Mawari Technologies

Mawari leverages Web3 elements to enable real-time 3D content streaming to spatial computing devices like the Apple Vision Pro and Meta Quest 3. The company holds three patents and has 11 applications in process.

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

Mawari plans to use the raised funds to enter new markets and improve its Spatial Streaming SDK. The company will also increase business development efforts to reach more clients and markets.

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 plans to utilize the funds to further develop its decentralized network and expand its business, which will contribute to the growth of the spatial computing industry.

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