Seoul-based 3i, an immersive expertise startup specializing in metaverse tech, AI, and AR/VR, raises ~$24M Sequence A led by SV Funding (FinSMEs)

3i Inc. CI

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seoulbased ar 24m sequence sv funding, Virtually $24 million (28 billion gained) in Assortment A funding was secured by a Seoul, South Korea-based immersive experience startup that specialises in metaverse know-how, artificial intelligence, augmented and digital actuality.

$20 million from new financial and strategic merchants and $4 million from current merchants made up the spherical.

Korean Enchancment Monetary establishment, LB Funding, DS Asset, YG Funding, Intops Funding, Enlight Ventures, NBH Capital, and Korea Asset Funding Securities moreover took half throughout the spherical, which was led by SV Funding.

The company plans to utilise the money to create new merchandise, develop its metaverse platform enterprise, hire additional people and fill on the market positions in design, engineering, promoting, purchaser success, and recruitment all by means of the course of the approaching yr.

3i was established in 2017 and is run by Ken Kim, its CEO. It has two producers and 34 technical patents.

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