Bizverse
Offers a Metaverse world with fully Digital Twin for business and life.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | $4.5m | Seed | |
| Total Funding | 000k | ||
| USD | 2023 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Dealroom estimates
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Bizverse is developing a metaverse platform focused on providing a 'contactless economy' for business operations. Founded in 2021 and headquartered in Singapore, the company aims to merge the real and virtual worlds for commerce, creating a digital twin of the physical world using 3D maps. This virtual environment allows businesses to establish a presence online, conduct digital transformations of their operations, and engage with customers through immersive experiences.
The platform is the creation of founder Trinh Cong Duy, who has an extensive background in Information Technology, including nearly 20 years of experience and a history of teaching Software Engineering and Project Management. His journey includes founding an IoT company, co-founding a Coworking Space for IoT and Blockchain startups, and in 2019, founding DTS (Digital Transformation Solution), which owns the VR360 brand. This deep experience in digital transformation, virtual reality, and blockchain technology directly informs Bizverse's strategic direction.
Bizverse operates on a 'Meta-Economy' model, which represents a full-fledged digital economy where activities like production, services, and consumption occur in a virtual space. Businesses can use the platform to create virtual reality spaces for stores, events, conferences, and exhibitions. The ecosystem leverages Web3 and blockchain technology, with product assets represented as NFTs to verify ownership and ensure transparency in transactions between businesses and customers. The platform also incorporates a SocialFi element, allowing users to earn rewards through social activities like sharing or commenting. The company has raised $4.5M in funding to support its development, with investors including BIZ Capital, Defi Asia Capital, and Risemount Venture Capital.
Keywords: metaverse for business, digital twin, contactless economy, virtual reality commerce, meta-economy, Web3 business platform, NFT marketplace, 3D mapping, Trinh Cong Duy, virtual business operations, digital transformation solutions, SocialFi, blockchain commerce, VR360, virtual exhibitions, online business environment, AR/VR business, Singapore startup, decentralized finance, digital asset management