# Futureverse Corporation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/futureverse-corporation

- Industry: Software
- Headquarters: Auckland, New Zealand
- Website: www.futureverse.com
- Total disclosed funding: $54M
- Latest round: Series A (Jul 18, 2023)
- Investors on record: 2

## About

Based in Auckland, New Zealand, and founded in 2022 by co-founders Aaron McDonald and Shara Senderoff, Futureverse Corporation LTD provides an artificial intelligence platform that provides applications on the metaverse, such as games and the trading of tokens. In July 2023, Futureverse Corporation LTD raised USD 54 million in series A funding led by new investor 10T with participation from another new investor, Ripple Labs Inc.

The core product of Futureverse is FuturePass, a smart wallet SDK that facilitates seamless and secure onboarding to web3 apps, games, and experiences. It ensures the protection of user identity and data, manages digital assets, tokens, and memberships, and grants permissions across various platforms. In addition to FuturePass, Futureverse offers the D.O.T. Asset Pipeline, a 3D character/prop configuration and generation tool, enabling swift and easy asset creation. The company's AI Gaming Platform and SDKs power casual AI strategy sports games, where players act as coaches and owners, strategically training AI-controlled teams. Futureverse also leads the development of The Root Network, a modular toolkit prioritizing scalable, secure, and interconnected metaverse experiences. The Root Network allows anyone to own, train, and trade unique artificial intelligence via digital Brains, leading to an evolution in content creation and world-building.

## Funding rounds

- Series A, Jul 18, 2023, $54M — Ripple Labs Inc., 50T

## Investors

- Ripple Labs Inc. — Series A
- 50T (https://capitalatlas.ai/funds/50t) — Series A