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Mawari raises $10.8M to scale 3D spatial computing network

Mawari raises $10.8M to scale 3D spatial computing network

GrafaGrafa2024/09/27 08:10
By:Isaac Francis

Mawari, a decentralised content delivery network focused on 3D streaming, has raised $10.8 million in strategic funding. 

The round was led by Anfield LTD, Borderless Capital, and 1kx, with participation from several investors including Animoca Brands Japan, Samsung Next, and Blockchange Ventures.

Founded in 2017, Mawari aims to enhance spatial computing by providing real-time 3D content streaming to devices such as Apple Vision Pro and Meta Quest 3. 

The company utilises decentralised infrastructure to address the challenges of traditional centralised networks.

Luis Oscar Ramirez, Mawari's founder and CEO, explained, "Our vision has always been to bring immersive experiences to everyone, and this investment will unlock the platform for a broader community to build the 3D Internet with us."

The Mawari Network is powered by a distributed network of GPUs, designed to deliver low-latency streaming for spatial computing. 

Key components of the platform include the Spatial Streaming SDK, which integrates with development environments like Unity and Unreal Engine, and a decentralised content delivery network.

Sean Carey, Helium Co-Founder and Partner at Borderless Capital, commented, “Luis and the team have been working on this technology for the last seven years and have developed a range of effective systems.”

With the newly secured funds, Mawari plans to expand its market presence, improve its Spatial Streaming SDK, and continue investing in research and development. 

The company, which already works with 40 clients including Netflix, BMW, and KDDI, aims to further decentralise and scale its network.

Mawari also plans to conduct a node license sale later this year as part of its efforts to grow its spatial computing platform and extend its content delivery capabilities.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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