Matrix World raised $5.5 million at a $50 million valuation, led by Y2Z Ventures

On February 26th, Matrix World announced that it has completed a $5.5 million angel round of financing at a valuation of $50 million. Led by Tess Ventures, Everest Ventures Group, Com2Us and Y2Z Ventures, Sky9 Capital, Dapper Labs, Animoca Brands, Bonfire Ventures, Matcha, SecondLive, Hash Global, LucidBlue Ventures, PANONY, etc. Matrix World, a multilinked universe project and the technology partner behind Phanta Bear, features a unique low-poly design that enables the creation of immersive 3D applications, We currently have partnerships with Dapper Labs, Flow, ChainIDE, etc. Matrix World plans to release A Traversable World 1.0 upon completion of the financing, with apis and SDKS for builders and developers.