METAV.RS (Naver Program) raises €3M to help brands get into the metaverse

METAV.RS, part of Space Green by Naver / Line program at STATION F, just announced a €3M raise led by Jsquare, a specialized Web3 fund based in Singapore, and joined by consulting firm, Sia Partners’ investment arm, Studio,and 50 Partners. METAV.RS also relies on renowned business angels such as David Balland, Co Founder of Ledger, Sébastien Borget, Co-Founder and COO of The Sandbox, Michael Amar, serial entrepreneur, Thibault Renouf, CEO of Partoo, Joel Hazan, Managing Director & Partner of BCG, Sébastien Lalevée, CEO of Financière Arbevel, and Jonathan Bordereau, CEO of Golden Bees and managing the web3 accelerator of 50 Partners.

Created in January 2022 by Simon & Clément Foucher, Jérémie Salvucci, and Adrien De Lavenere-Lussan, METAV.RS is a startup dedicated to helping brands get into the metaverse by facilitating the integration and management of product catalogs in virtual worlds. METAV.RS has already signed strategic key accounts, from the luxury industry to retail. The company also works with creative agencies and consulting firms aiming to centralize and manage at scale the experiences of the brands they work with, including the launch of NFT collections and the creation of immersive experiences.

"The emergence of Web3 is decentralizing the web and enabling the creation of many new virtual universes. The challenge for brands is to find a simple way to initiate and manage their presence in these virtual universes so that they can benefit from greater reach and an enhanced customer experience, while maintaining control of their brand image. We are developing a tool that allows brands to easily manage their presence in the metaverse, a sort of metaverse CMS. Some of our clients have very ambitious plans to transform their existing business models. We work with them to co-construct 3-5 year roadmaps,

broken down into different blocks and activations. We are thereby able to provide deliverables in only a few weeks", explains Clément Foucher, co-founder of METAV.RS.

This fundraising will help the company to speed up platform development, boost recruitment, and expand globally, especially in Asia where METAV.RS has opened offices in Hong Kong and Seoul, offering support to key accounts in these important, complex and specific markets.

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