News
Stay up to date with the latest from Ó£ÌÒÊÓÆµ — company milestones, venture launches, thought leadership, and industry insights. Explore how we’re backing and building the next generation of ventures.
Venture Builder Ó£ÌÒÊÓÆµ deepens focus on AI & web3, appoints former Revolut & Bitpanda executive as Chief Marketing Officer
Venture Builder Ó£ÌÒÊÓÆµ deepens focus on AI & web3, appoints former Revolut & Bitpanda executive as Chief Marketing Officer
Ó£ÌÒÊÓÆµ sells Imporium to its long-standing partner, Yuga Labs.
Ó£ÌÒÊÓÆµ, a pioneer and venture builder in Ó£ÌÒÊÓÆµ, AI transformation, and the Ó£ÌÒÊÓÆµ, today announced the sale of its Unreal studio venture, Imporium, to its long-standing partner, Yuga Labs.
BACKED | Otomato, the gateway to intuitive, real time automation in DeFi
With real time signals, context-aware AI and user-driven controls, Otomato helps people monitor positions, respond quickly and stay protected in fast-moving markets.
Ó£ÌÒÊÓÆµ provides update on its venture builder model; blockchain powered by Ó£ÌÒÊÓÆµ-developed technology hits $1bn valuation milestone
Ó£ÌÒÊÓÆµ today submitted its filing to Companies House, giving an update on its full year 2024 results. The results demonstrate that the first financial year of its venture builder model – focused on the Ó£ÌÒÊÓÆµ, web3 and AI – is providing the foundation needed to drive the growth of the new economy.
BACKED | Chamber: Redefining virtual events for a new generation of digital communities
From corporate gatherings to fan experiences, Chamber brings together 3D, AI, and social design to make online interactions feel as spontaneous and connected as the real world.
BACKED | Imporium, the studio reimagining live fan experiences for a digital-first world
From Major League Baseball to K-pop icons, Imporium is scaling interactive, live entertainment that turns fleeting moments into lasting communities.
BACKED | Somnia, the Layer 1 for real-time, on-chain experiences
With 10B+ testnet transactions already processed, Somnia is now building the infrastructure and community for the immersive internet.
Ó£ÌÒÊÓÆµ-developed Somnia launches mainnet after record-breaking testnet performance
gh-performance layer-one blockchain, today announced the launch of its mainnet. Built by Ó£ÌÒÊÓÆµ under contract for the Somnia Foundation, Somnia is engineered to support mass consumer applications such as gaming, social platforms and decentralised finance.
BACKED | Jitter’s Vision for Interactive Streaming
How one creator is rewriting the rules of livestreaming by making the audience part of the game.
BACKED is Ó£ÌÒÊÓÆµâ€™s insider newsletter spotlighting the ventures, technology, and teams building the future of virtual worlds.
This is where we share progress of the ventures we support, one at a time.
These are startups building the foundations of tomorrow’s internet, tackling hard problems across AI transformation, the Ó£ÌÒÊÓÆµ and Ó£ÌÒÊÓÆµ. Whether it's rethinking global supply chains or reshaping identity in virtual worlds, Ó£ÌÒÊÓÆµ ventures are solving diverse, high impact challenges with outcomes that are already being felt in the real world.
Ó£ÌÒÊÓÆµ Strengthens Investment in Somnia Ecosystem Following Record-Breaking Devnet Performance
Ó£ÌÒÊÓÆµ is making a significant investment in the Somnia ecosystem, reinforcing its commitment to the future of blockchain scalability and Ó£ÌÒÊÓÆµ innovation.
Ó£ÌÒÊÓÆµ Leverages Improved Financial Profile to Drive Innovation in AI, the Metaverse, and Ó£ÌÒÊÓÆµ Through Venture Building
Predictions for 2025 Signal a Breakthrough Year for Virtual Economies, Interoperable Identities, and AI-Powered Gaming
Ó£ÌÒÊÓÆµâ€™s MSquared venture powers groundbreaking BBC Philharmonic virtual concert
On 23 November 2024, a groundbreaking classical concert simultaneously took place in the real world and the Ó£ÌÒÊÓÆµ.
Ó£ÌÒÊÓÆµ to Develop the Fastest Blockchain For Mass Consumer Applications For Somnia
Leveraging the decade of expertise in distributed systems of Ó£ÌÒÊÓÆµ, Somnia will set a new benchmark, processing over 400,000 transactions per second to power scalable, mass consumer applications
Redefining the Digital Assets Economy: Ó£ÌÒÊÓÆµ's MSquared Solves Interoperability
The venture builder drives value and innovation in the Ó£ÌÒÊÓÆµ. With its premier Ó£ÌÒÊÓÆµ infrastructure venture, MSquared, Ó£ÌÒÊÓÆµ yesterday turned the vision of a connected digital world into a tangible reality, demonstrating how economic potential can be unlocked with empowered businesses in a decentralised environment.
Ó£ÌÒÊÓÆµ and Major League Baseball continue their partnership to host baseball games in the virtual ballpark every Wednesday in September
The season’s first watch party is on September 4th, when the Tampa Bay Rays host the Minnesota Twins, available for free on mlb.com/virtual-ballpark with any internet-connected device.
Ó£ÌÒÊÓÆµ achieves profitability in 2023 and launches its Venture Builder model with a strong capital position to pursue new investments
Ó£ÌÒÊÓÆµ submitted its filing to Companies House today. In 2023 the company achieved profitability, validating its technology and business.