In July 2022, Metaverse Z, a global Gen Z-oriented game community, announced the completion of its Series A financing of US$10 million. This round of financing was led by Ventech China, followed by Microlight Ventures, and old shareholders MSA Capital, Innovation Works and Qingrui Ventures and Quansu Capital served as the exclusive financial advisor.
After this round of financing, Metaverse Z will launch a high-quality games selection project in China, the game developers who pass the selection will be supported by overseas game users and game community operation.
Headquartered in Singapore, Metaverse Z is currently the world's fastest growing Web3 gaming community and social application. The company has quickly accumulated a large number of overseas Gen Z users through young-style products. At present, the company's active users have reached 700,000 monthly, and users spend more than 50 minutes online each day. In terms of market layout, the company's current users are mainly from Latin America, and in the near future the company will enter global markets such as Europe, America, and Southeast Asia.
Llinks provided legal services for this round of investment on behalf of Ventech China with its rich project experience in the field of investment and financing.
Llinks Team:
Partner: Colin Shi
Associate: Aurora Zhang, Roy Wang
