Mawari closes $10.8 million in funding to scale spatial computing

Summarize:

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

• Mawari is a pioneer in 3D streaming, with 3 patents granted, 11 patents pending, and 40 partners including KDDI, Netflix and BMW.

Mawari Network , a DePIN (decentralized physical infrastructure network) project that aims to pioneer the next generation of spatial computing, has completed a $10.8 million strategic financing led by Anfield LTD, Borderless Capital and 1kx. Other investors include Accord Ventures, Animoca Brands Japan, Blockchange Ventures, Draper Dragon, iAngels, Mulana Ventures, Parami Investors, Samsung Next and Waldo Holdings, as well as well-known angel investors Ivan Brightly, Joshua Frank, Pete Townsend and Sean Carey.

With support from investors and operators from the web2 and web3 industries, and seven years of technology development advantages in streaming immersive experiences, Mawari is well positioned to realize its bold vision of using DePIN to bring 3D content to devices around the world quickly and affordably.

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 leverages Web3 elements such as DePIN to overcome the limitations of traditional centralized networks. Mawari has an advantage in solving the core challenges of the spatial computing industry (formerly XR (eXtended Reality)), focusing on providing scalable infrastructure for real-time 3D applications. Mawari was founded in 2017 and has since launched the Mawari Network (a DePIN network), which is also the only full-stack spatial computing platform that provides decentralized computing and storage resources optimized for AR/VR experiences.

“Every time I look at what Mawari is building, I imagine how crazy the future of spatial computing will be,” said Sean Carey, Helium co-founder and partner at Borderless Capital. “Luis and his team have spent the last seven years quietly building real technology, and they have an impressive track record.”

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

Mawari will use the funds raised to expand into new markets. The team will continue to improve its Spatial Streaming SDK and continue to invest in RD to maintain technological leadership in providing decentralized spatial computing. In addition, with the growth of spatial computing devices and related applications 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 funding will help us build the 3D Internet platform with the wider community,” said Luis Oscar Ramirez, founder and CEO of Mawari.

Mawari is a pioneer in 3D streaming media, with 3 patents granted and 11 pending. Mawari currently has 40 partners, including global brands such as T-Mobile, Sapporo, KDDI, Netflix and BMW. The Mawari network was initially operated mainly by the team, with an average annual revenue of $1.5 million, but it plans to sell nodes in the fourth quarter of 2024 to decentralize and expand its spatial computing network.

Mawaris solution consists of two key parts: Spatial Streaming SDK and Mawari Network. Spatial Streaming SDK is a powerful toolkit designed to integrate seamlessly with popular development environments such as Unity and Unreal Engine. It enables creators to focus on making engaging and innovative content without worrying about the complexity of the backend.

Meanwhile, Mawari Network is a decentralized, GPU-powered content delivery network designed for spatial computing. It leverages a globally distributed network of GPU nodes that are strategically placed near end users to ensure low latency and optimal performance. This architecture can efficiently distribute and scale spatial content, providing users around the world with a seamless, high-quality experience.

About Mawari

Mawari is setting the standard for decentralized spatial computing and immersive content delivery. The Mawari Network powers the real-time streaming of immersive content through a global network of computing nodes. Mawari is optimizing spatial computing to enable creators to create premium experiences that will revolutionize the way audiences interact with digital content.

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

This article is sourced from the internet: Mawari closes $10.8 million in funding to scale spatial computing

Related: With a 70% win rate in the popular vote, surpassing Trump, what policy will Harris adopt towards encryption in the futur

Original | Odaily Planet Daily ( @OdailyChina ) Author｜Nan Zhi ( @Assassin_Malvo ) According to data from the prediction market Polymarket , Kamala Harriss chance of winning the 2024 US presidential election has risen to 77%, while Trumps chance has dropped to 21%. A month ago, due to the assassination, Trumps chance of being elected once rose to 70% , far exceeding Biden, and Bitcoin ushered in a wave of sharp increases, reaching a high of $70,000. The Biden administration has always maintained a strict regulatory stance on encryption. Will Harris, the current vice president and Bidens successor, continue the strict regulatory policy in the future? Odaily will analyze it based on market information. Silent Harris Public information and White House financial data show that US Vice President Harris and…