Samsung Commits $25 Million Investment On Metaverse Startup DoubleMe

Samsung Commits $25 Million Investment On Metaverse Startup DoubleMe
HeadlinesNewsSamsung Commits $25 Million Investment On Metaverse Startup DoubleMe

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Samsung Commits $25 Million Investment On Metaverse Startup DoubleMe

Crypto Daily™a month ago
Published on April 23, 2022 22:45 GMT+00:00edited on April 25, 2022 15:59 GMT+00:00

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Tech and electronics giant Samsung has committed $25 million of investments on DoubleMe, an up and coming South Korean metaverse startup. The funding round also saw the participation of other major South Korean corporations such as NH Investment and Coentry Investment.DoubeMe’s early vision in 2015 came with the introduction of a solution that could convert two-dimensional videos to three-dimensional models rendered through its tech. The firm later shifted to the metaverse in 2020, with the launch of TwinWorld, a metaverse platform enabling users to build AR (augmented reality) experiences on any physical environment.DoubleMe now specializes in real-time personal volumetric capture technology, which it is currently developing and expanding in partnership with several telecom …