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Anipen Secures $8 Million in Series C

Anipen, a South Korean - based metaverse platform, has raised around ₩11 billion ($8.3 million) in a Series C

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by Ben Murray
Anipen Secures $8 Million in Series C

Anipen, a South Korean - based metaverse platform, has raised around ₩11 billion ($8.3 million) in a Series C

The funding round was backed by Medici Investment, Ulmus Investment, and Korea Development Bank.

Anipen will use the fresh funding to expand its metaverse content services and strengthen partnerships with various companies.

Company: ANIPEN Inc.

Raised: $8.0M

Round: Series C 

Funding Month: July 2022

Lead Investors: Medici Investment, Ulmus Investment, and Korea Development Bank

Additional Investors: 

Company Website: https://anipen.com/

Software Category: Metaverse platform

About the Company: Founded in 2013, Anipen is known for its flagship service AnibeaR, a three-dimensional mobile application that lets users create AR-infused video content. ANIPEN is a Korean 3D content development platform that enables enterprises to develop video communication and entertainment platforms. The company has four divisions: AR Platform Development Division, which is responsible for the advancement of self-developed AR contents production engines; 3D Graphics Division, developer of 3D graphics used in all AR contents and services of Anipen; Services Development Division, which manages UX/UI for all solutions including self-operated AnibeaR, client service, and back-end development; and Business Planning and Operation Division, which handles service operation, marketing, promotion, and new service planning.

Source: https://asiatechdaily.com/korean-metaverse-startup-anipen-secures-8m-in-series-c-funding/

Ben Murray profile image
by Ben Murray

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