According to The Block, Metaverse development company LandVault completed a US$3 million Series B expansion round of financing, with investors including The Sandbox, Gemini Frontier Fund, HodlCo and hedge fund Kingsway Capital. LandVault announced last week that it has completed $37 million in financing, led by The Sandbox, SoftBank and Kingsway Capital, with participation from HodlCo and Gemini Frontier Fund. LandVault said it has spent the past two years creating Metaverse infrastructure with partners such as Heineken, L'Oreal and Mastercard, and the company will use the funds to continue its Web3 expansion and create AI tools, while expanding across Asia, Dubai, European and American team sizes.
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