Mawari Raises $10.8 Million to Transform Spatial Computing Landscape
Mawari Secures $10.8 Million in Funding
On September 26, 2024, Mawari Network announced it has raised $10.8 million in a strategic funding round led by Anfield LTD, Borderless Capital, and 1kx. This funding will help Mawari enhance its capabilities in spatial computing, enabling real-time 3D content streaming that caters to devices such as the Apple Vision Pro and Meta Quest 3.
Innovative Solutions for 3D Streaming
Mawari, a pioneer in 3D streaming, aims to overcome traditional limitations with a decentralized content delivery approach. The funds will be utilized to improve the Spatial Streaming SDK and further develop the Mawari Network, which uses a globally distributed network of GPUs to optimize performance.
- Mawari holds three patents with 11 more in process.
- It services 40 clients, including major companies like Netflix and BMW.
- Investment will expand business in Asia and the Americas.
Future Vision and Market Expansion
“Our vision is to bring immersive experiences to everyone,” said Luis Oscar Ramirez, Founder & CEO of Mawari. The investment will enable wider community engagement and accelerate the development of the 3D Internet with innovative platforms.
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