Netstream

Netstream

Creates Metaverse Gallery for artist to broad their area and showcase their artworks.

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DateInvestorsAmountRound
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€0.0

round
investor

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round
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Seed
Total Funding000k

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Revenues, earnings & profits over time
USD2022
Revenues0000
EBITDA0000
Profit0000
EV0000
EV / revenue00.0x
EV / EBITDA00.0x
R&D budget0000

Source: Dealroom estimates

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Netstream Co., Ltd. is a South Korean art-tech company that provides a universe platform for artists and fans to communicate and connect. Established on June 1, 2020, by CEO Sang Hyuntae, the venture company initially focused on software and content development, including mobile games, before expanding its scope to the metaverse. Sang Hyuntae, who has over 15 years of experience in game development and VR/AR content, transitioned from the IT industry after foreseeing the future of the market in immersive technologies like VR, leading to Netstream's creation with a team of experienced developers.

The company's flagship product is 'Netstarium', a web-based, non-installable metaverse gallery platform. This Software-as-a-Service (SaaS) solution allows users, including individual artists, galleries, and museums, to easily create and manage their own virtual art galleries. The platform supports various digital formats, such as images, videos, and 3D models, which can be uploaded to a customizable 3D space. The key value proposition is its accessibility; users can enter and interact with the galleries through a simple web link on any PC or mobile device without needing separate software or hardware. This facilitates a wide range of applications, from personal portfolios and fan meetings to corporate showrooms, brand pop-up stores, and university showcases.

Netstream's business model targets both individual creators (B2C) and businesses/institutions (B2B). For individual artists, Netstarium offers a subscription-based service to maintain their galleries. For business and public sector clients, the company provides customized metaverse community services, having completed projects for organizations like the University of Seoul and IBK Industrial Bank. The company has actively sought investment, securing seed funding from entities such as CNT Tech and the Korea Credit Guarantee Fund in 2022, followed by a SAFE investment from Korea Venture Investment in 2024. While initially focused on exhibition, Netstream plans to incorporate features for selling art, potentially including cryptocurrency support, to build a self-sustaining ecosystem for creators and collectors.

Keywords: metaverse gallery, art-tech, Web XR, virtual exhibition, digital art platform, SaaS, Sang Hyuntae, Netstarium, 3D gallery, online art, virtual reality art, Korean startup, creator economy, digital showcase, B2B metaverse solutions, interactive art, web-based VR, virtual events, art platform, digital content creation

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