Condense, a Bristol, England-based metaverse company that produces technology to allow the streaming of events to virtual reality apps, has raised $4.5 million in its most recent seed round. The round, which was led by Localglobe, 7percent Ventures, and Deeptech Labs, gives Condense funding to deepen its relationship with artists, labels, content creators, and metaverse platforms in order for its technology to be adopted by more companies.it has raised $4.
0” by Condense.The company, which was founded back in 2019, was spurred on by the Covid-19 pandemic and the rise of virtual reality applications for remote events during that period. Afterward, the company received $820,000 in one of its seed rounds, led by SFC Capital.Nick Fellingham, CEO of Condense, announced he had the intention of building a metaverse video study in Bristol.
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