Mawari has completed a $10.8 million financing to expand its spatial computing scale.

CN
5 hours ago

Mawari completes $10.8 million in financing to expand spatial computing scale

Summary:

  • Mawari is a decentralized content delivery network that enables creators to build immersive experiences that attract audiences.

  • Mawari is a pioneer in the 3D streaming media field, having obtained 3 patents, with 11 patents pending, and has 40 partners including KDDI, Netflix, and BMW.

Mawari Network is a DePIN (decentralized physical infrastructure network) project aimed at pioneering the next generation of spatial computing. It has completed a strategic financing of $10.8 million, led by Anfield LTD, Borderless Capital, and 1kx, with other investors including Accord Ventures, Animoca Brands Japan, Blockchange Ventures, Draper Dragon, iAngels, Mulana Ventures, Parami Investors, Samsung Next, and Waldo Holdings, as well as notable angel investors Ivan Brightly, Joshua Frank, Pete Townsend, and Sean Carey.

With support from investors and operators in the web2 and web3 industries, combined with Mawari's seven-year technical development advantage in immersive streaming media experiences, Mawari has the ability to realize its bold vision of using DePIN to rapidly and economically bring 3D content to devices worldwide.

Mawari streams real-time 3D content to spatial computing devices such as Apple Vision Pro, Meta Quest 3, and Meta Orion AR glasses through a global GPU network, and utilizes Web3 elements such as DePIN to overcome the limitations of traditional centralized networks. Mawari has an advantage in addressing the core challenges of the spatial computing industry (formerly XR (eXtended Reality)), focusing on providing scalable infrastructure for real-time 3D applications. Founded in 2017, Mawari has launched the Mawari Network (a DePIN network), the only full-stack spatial computing platform that provides decentralized computing and storage resources optimized for AR/VR experiences.

"Every time I see what Mawari is building, I imagine how crazy the future of spatial computing will be," said Sean Carey, co-founder of Helium and partner at Borderless Capital. "Luis and his team have been quietly building real technology over the past seven years, and they have a series of remarkable achievements."

"Mawari is not only an early pioneer in the field of spatial computing, but also one of the first successful Web2 enterprises to leverage blockchain and decentralization to drive innovation, improve efficiency, and enhance user experience," said Christopher Heymann, founding partner of 1kx. "They understand the enormous potential of decentralized computing to power future content delivery, and we are pleased to support them on this journey."

Mawari will use the raised funds to expand into new markets. The team will continue to improve its Spatial Streaming SDK and invest in research and development to maintain a technological edge in decentralized spatial computing. Additionally, as spatial computing devices and related applications grow in Asia and the Americas, Mawari will increase its business development efforts to cover more customers and markets.

"Our vision has always been to bring immersive experiences to everyone, and this financing will help us build a 3D internet platform with more communities," said Luis Oscar Ramirez, founder and CEO of Mawari.

Mawari is a pioneer in the 3D streaming media field, having obtained 3 patents, with 11 patents pending. Currently, Mawari has 40 partners, including T-Mobile, Sapporo, KDDI, Netflix, and BMW, among other global brands. The Mawari Network was initially operated by the team, generating an average annual revenue of $1.5 million, but it plans to conduct node sales in the fourth quarter of 2024 to diversify and expand its spatial computing network.

Mawari's solution consists of two key components: the Spatial Streaming SDK and the Mawari Network. The Spatial Streaming SDK is a powerful toolkit designed to seamlessly integrate with mainstream development environments such as Unity and Unreal Engine. It enables creators to focus on creating compelling and innovative content without worrying about the complexity of the backend.

Meanwhile, the Mawari Network is a decentralized, GPU-driven content delivery network designed for spatial computing. It leverages a globally distributed GPU node network strategically placed near end users to ensure low latency and optimal performance. This architecture efficiently distributes and scales spatial content, providing seamless, high-quality experiences for users worldwide.

Mawari completes $10.8 million in financing to expand spatial computing scale

About Mawari

Mawari is setting standards for decentralized spatial computing and immersive content delivery. Mawari Network supports real-time streaming of immersive content through a global computing node network. Mawari is optimizing spatial computing to enable creators to create high-quality experiences, fundamentally changing the way audiences interact with digital content.

For more information, users can visit Mawari's website or their social media accounts (X | Discord | LinkedIn).

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