Investing.com – Crypto investment firm Cypher Capital has participated in a $12 million private funding round for SecondLive, a Web3 open Metaverse platform powered by artificial intelligence, the company said on Monday.
The funding round was led by Crypto.com, with additional contributions from Spark Digital, MetaEstate, TAISU Ventures, and other investors. The new financing brings SecondLive’s total funding to $15M, according to the statement.
SecondLive, which uses generative AI to create virtual spaces and social experiences in the Metaverse, plans to use the funds to upgrade its infrastructure for large-scale events, expand social networks, and support creator economic activities, the company said.
With over 5M registered users and 1.81M digital assets generated by users and AI, the platform operates across eight major blockchain networks, including Chain, , and .
“We are thrilled to have Cypher…
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