Hadean raises $30 million to create infrastructure for the metaverse

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When CCP Games needed someone to stage a massive real-time space battle with 14,000 spaceships, they turned to Hadean. And that's one of the reasons the UK startup raised $30 million.

London-based Hadean hopes to create the infrastructure for the metaverse, and it already supports virtual worlds in immersive entertainment and enterprise digital twins. (We'll be discussing the topic of the real-time metaverse at our GamesBeat Summit Next 2022 event on October 25-26 in San Francisco).

Hadean creates distributed, spatial, and scalable computing for Web 3.0 and the Metaverse. The distributed cloud platform is a software layer that enables scalability, security, and interoperability, enabling metaverse and digital immersive experiences for enterprise, enterprise, gaming, and government customers.

One of the current challenges is that advancements in computer chips and performance are not going to come easily now that Moore's Law has slowed down. Jensen Huang, CEO of Nvidia, said Moore's Law and the economic benefits that come from chip miniaturization are basically dead - just in time for the metaverse to arrive.

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Keshani said Web3 and open architecture will likely be the foundation of the metaverse.

“We are not going to have monopolies controlling this future,” she said. “We're going to see weird and wonderful new business models supported by empowering the next generation of creators to build that future. And that's what excites us. We don't see ourselves as defining the metaverse. We are creating technology that enables capabilities to empower this creative economy to build it. We don't know what it looks like. But we're excited to work with partners like Epic who share that vision."

Molten Ventures led the financing, with participation from 2050 Capital, Alumni Ventures, Aster Capital, Entrepreneur First and InQTel. The Series A round, along with an investment from Epic Games, will help Hadean expand the company's scalable, interoperable, and secure metaverse capabilities.

As an open platform for distributed cloud computing, Hadean can be thought of as the "infrastructure" that powers the metaverse so that it can...