DataMesh Raises Undisclosed Amount to Expand Industrial Metaverse Platform FactVerse with Backing from KDDI Open Innovation Fund 3 and Singtel Innov8

06/17 07:36

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Singapore-based industrial metaverse platform provider, DataMesh, has secured an undisclosed amount of new funding from investors including KDDI Open Innovation Fund 3 and Singtel Innov8. The company is focused on developing its FactVerse platform, which offers integrated virtual and physical solutions to enterprises through digital twins, XR, AI and IoT technologies. FactVerse is designed to digitize factory management, optimize production processes, improve operational efficiency and introduce innovative applications for remote collaboration, training and maintenance scenarios. DataMesh intends to use the funds to expedite research and development efforts and market expansion of its platform, driving digital transformation across the industrial sector.

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