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Backed by Epic Games, distributed computing startup Hadean nabs $30M to power the metaverse

TechCrunch LogoTechCrunch1w ago

Backed by Epic Games, distributed computing startup Hadean nabs $30M to power the metaverse - TechCrunch

Quick Summary:

Hadean, a U.K.-based distributed, spatial computing startup that’s setting out to build the infrastructure for the burgeoning metaverse, has closed a $30 million seres A round of funding from a high-profile cast of investors including Epic Games and Tencent.

And it’s against that backdrop that Hadean has now secured a slew of illustrious backers eager to get in at an early stage, while the metaverse is still in its fledgling years.

At its core, Hadean is all about helping developers scale their codebase to support software that requires significant computing power, something that Minecraft demands particularly when it involves multiplayer engagement across the internet.


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Article Details

Author / Journalist: Paul Sawers

Category: Technology

Topics: Enterprise Epic Games Metaverse Web 3.0 Startups Hadean

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-23, 08:14:57

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Reading Time: 5 minutes read

Article Length: 807 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 488893

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