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Animoca Brands Backs Metaverse Construction Company LandVault

The leading metaverse development brand LandVault confirmed its latest funding round of $37M led by Animoca Brand’s The Sandbox, Softbank, and Kingsway Capital. Over the past two years, the group has innovated metaverse infrastructure with partners such as Heineken, L’Oreal, and Mastercard. LandVault aims to use the funds to continue its Web3 expansion and hubs located across three continents.

LandVault’s last funding round, a Series B held in November 2021, raised a total of $25 million. At the time, the company mainly used the funds for in-game advertising and developing metaverse infrastructures. Surprisingly, the brand has generated over 100 million digital square feet of new adventures in the Metaverse.

“Our vision has always been to accelerate the economy of the metaverse, and the latest progress in AI technology is helping us fast-track our roadmap, “ said LandVault’s CEO Sam Huber. “The metaverse needs a ‘WordPress moment’ for anyone to build in the metaverse as easily as building a website, and we are investing heavily in R&D to build these tools.”

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