The AI-generated avatar creation cross-platform for the metaverse, Ready Player Me, has raised $56 million in a Series B funding round led by Andreessen Horowitz (a16z). The startup’s co-founder and CEO Timmu Tõke says the funding will be used to scale the cross-platform metaverse avatar system.
On Tuesday, Ready Player Me (RPM), a startup that issues 3D avatars to be leveraged in the metaverse, announced that the firm has raised $56 million in a Series B funding round. The latest financing follows the company’s Series A announced in December 2021, when the team raised $13 million in a funding round led by Taavet+Sten. The Series B financing for $56 million was led by a16z, and other participants include Roblox co-founder David Baszucki, King Games.#Web3GrandPappa #togrp7 #mimeXmime