Thirdverse completes $11.3M funding round for VR games

Thirdverse has raised an additional $3.3 million in funding, completing its Series D funding round for a total of $11.3 million.

Thirdverse CEO Hironao Kunimitsu had previously announced the Series D funding for its virtual reality games in November. Now the company has raised more money through a third-party allotment of shares underwritten by Nissei Capital Co. and VeriServe Corp.

Including the funds raised before the company’s division on May 1, the cumulative total funding raised by Thirdverse has now hit $42 million.

Going forward, the company plans to strengthen its development teams and infrastructure for the VR title X8, officially released on November 9, and the ongoing development of Soul Covenant, as well as for the initiation of new projects.

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Thirdverse’s U.S. studio previously launched its VR multiplayer hero shooter title X8 on the Meta Quest Store, Steam Store, and PICO Store. Within approximately two months of its release, X8 surpassed 450,000 downloads worldwide. Additionally, the company plans to release its VR dramatic action title Soul Covenant, announced at the Tokyo Game Show 2023, in early 2024.

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