Worlds Enterprises, a Dallas, TX-based creator of a new 4D infrastructure for building the Industrial Metaverse, announces the successful completion of its $21.2 million Series A1 funding round.
The round was led by Moneta Ventures, with key participation from existing investors Align Capital, Green Park & Golf Ventures, Chevron Technology Ventures, Piva Capital, PerotJain, and Capital Factory.
The funds will be used to continue investing in the Company’s AI platform, expand key go-to-market partnerships, and further expand the adoption of Worlds’ technology by industrial companies.
“We are thrilled that Moneta and all of our investors share our vision for large-scale digital transformation and believe in the incredible potential of Worlds as much as we do,” says Dave Copps, CEO of Worlds. “Businesses today are racing toward a future where the digital and physical worlds fully converge and radically change how they measure, analyze, and reimagine their businesses. That is precisely the work of Worlds and we are the only company on the planet that can do what we do.”
The Worlds Industrial Metaverse platform brings AI-based automation directly into the ground floor operations of large industrial companies. With their market launch in August 2021, Worlds is already a trusted AI platform for some of the largest industrial companies, including Chevron, PETRONAS, and Hillwood Development Company.
Worlds saw remarkable year-over-year growth in 2022, growing ARR by more than 400% over the prior year while initiating expansions with multiple clients that will continue throughout 2023.
Company: Worlds Enterprises, Inc.
Round: Series A1
Funding Month: January 2023
Lead Investors: Moneta Ventures
Additional Investors: Align Capital, Green Park & Golf Ventures, Chevron Technology Ventures, Piva Capital, PerotJain, and Capital Factory
Company Website: https://worlds.io/
Software Category: Industrial Metaverse platform
About the Company: Worlds has created a new 4D infrastructure for building the Industrial Metaverse, a platform that brings AI-based automation directly into the ground-floor operations of large industrial companies. Inside Worlds, everyday processes and activities are converted into a live data stream that organizations can use to measure, analyze, and unlock massive unrealized value. Worlds focus on sectors in the supply chain, including manufacturing, distribution and logistics, transportation, and energy, as well as national defense.