Press release

VR Game Developer Thirdverse Completed a Funding Round, Securing an Additional $11.29M

SAN FRANCISCO, Calif. - March 15, 2024 - Thirdverse, Co., Ltd., with CEO Hironao Kunimitsu, hasraised an additional $3.3M through a third-party allotment of shares underwritten by Nissei Capital Co., Ltd and VeriServe Corporation. This funding, combined with the capital raised in November last year, brings the total series D funding to approximately $11.29M. Including the funds raised before the company's division on May 1, the cumulative total funding amounts to approximately $42M. 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.
 
On November 9, 2023, Thirdverse's U.S. studio launched its VR multiplayer hero shooter title "X8." The game is available 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.
 
"X8" Official Website: https://playx8vr.com/
"X8" Grand Release Trailer: https://youtu.be/sAY3uoRgDo8?si=MNujrpXve_u8mUtn
 
"SOUL COVENANT" Official Website: https://soul-covenant.com/jp/
"SOUL COVENANT" Official 2nd Trailer: https://youtu.be/XwGCBXTny0o?si=ga-UMH4Ibm7v0j9R


About Thirdverse, Co., Ltd
Founded in 2020, Thirdverse, Co., Ltd is a virtual reality game development, distribution and management company paving the path to the metaverse with two studios in Japan and the United States.
 
Thirdverse is experienced in sword-fighting multiplayer VR games and has expanded into PvP shooting, narrative-driven VR games and VR Esports. The studio has launched two successful VR co-op sword-fighting games “SWORDS of GARGANTUA” and “ALTAIR BREAKER'' for Meta Quest 2 and PCVR. In November 2023, Thirdverse launched multiplayer VR hero shooter “X8'' developed by its US Studio. In November, they announced that both titles are joining the lineup for PlayStation®VR2. Additionally, Thirdverse revealed in late 2023 that the core team of the Japanese favorite action RPG SOUL SACRIFICE had reunited with its studio to develop its spiritual successor "SOUL COVENANT" for VR. Thirdverse continues to drive a robust roadmap of VR titles and feature updates scheduled for release in 2024 and beyond. For more information, visit www.thirdverse.io.