Samsung Participates in Series A Round That Raised $25 Million for a Metaverse Startup

Samsung Participates in Series A Round That Raised $25 Million for a Metaverse Startup

The South Korean electronics and smartphone maker Samsung is reported to have participated in Series A funding which raised $25 million for a Korea-based metaverse startup, Doubleme. The round was led by Coentry Investment and NH Investment.

According to a Techinasia report, the startup, which was founded in 2015 by Albert Kim, Michael Kuczynski, and Heeyoung Kim, will use the funds raised for product development, marketing and hiring purposes.

Resource: News.Bitcoin