Metaversum GmbH, developer and operator of the 3D virtual world Twinity, is backed by Balderton Capital a leading European venture capital firm that sold its stakes in both Bebo and MySQL.
This funding combined with investment from Grazia Equity enabled Metaversum to launch a beta test of Trinity representing Berlin.
Klaus Hommels, Balderton Capital’s representative on the Metaversum board, comments:
“Virtual worlds linked closely with reality will significantly influence the future of the Internet. Twinity is one of the most promising projects in this exciting and competitive space and we look forward to accompanying Metaversum in this endeavor.”
Jochen Hummel, CEO of Metaversum, adds:
“We are very glad to have won the support of an experienced international player in Balderton Capital. As we gear up to release our virtual world Twinity, the addition of our new partner puts us in a great position.”
Metaversum is expected to launch a virtual version of Singapore and London for its mirror world, Twinity. Metaversum is working with the Media Development Authority (MDA) and Infocomm Development Authority of Singapore to re-create various landmarks and lcoations and is in talks with 50 local content and services partners for inclusion.
