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AR company Kaleidoco announces $7 million seed funding round

FoundedIn 2018, by Cassandra Rosenthal Jennifer TuftThey are now co-CEOs for the company. KaleidocoIt was launched in Particle InkMetaverse at TED2022 April.

ItIts metaverse is described as being in “2.5th dimension”, as it mixes augmented reality and other web3 technologies.

“Using AR as the foundation for a metaverse allows us to stay grounded in our physical world and with those around us while also benefiting from the boundless potential of the digital world,” said Tuft.

Theraise is the latest example where funds are flowing into the gaming and web3 space in search for better development of online worlds. EarlierThis week Wildcard Alliance, a new game project created by the same developer who developed popular app-based games WordsWith Friends, raised $46 Million in a SeriesA round. 


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