Infinite Reality Acquires Landvault in $450M Deal
Infinite Reality Acquires Landvault in $450M Deal
Infinite Reality Acquires Landvault in $450M Deal
News summary

Infinite Reality Inc., a metaverse platform, raised $350 million in funding, reaching a valuation of $5.1 billion, and acquired Landvault, known for building immersive digital experiences for brands like Roblox. The acquisition, valued at $450 million in an all-stock deal, aims to enhance virtual world creation capabilities. With a focus on spatial computing and AI, the company aims to empower brands with 3D experiences. The investments and acquisitions position Infinite Reality as a leader in immersive tech and digital twins, expanding its global market presence and strategic initiatives.

Story Coverage
alt
Axios
Left
Exclusive: Metaverse firm Infinite Reality acquires Landvault for $450M
Bias Distribution
100% Left
Information Sources
09bc43f5-e425-4ffd-980d-14d8f4a28792
Left 100%
Coverage Details
Total News Sources
1
Left
1
Center
0
Right
0
Unrated
0
Last Updated
45 days ago
Bias Distribution
100% Left
Related News
AI Assistant
Story Coverage
alt
Axios
Left
Exclusive: Metaverse firm Infinite Reality acquires Landvault for $450M

Related Topics

Subscribe

Stay in the Know, Subscribe to Our News

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Related News
Recommended News