Shanghai PGVerse Technology

Shanghai PGVerse Technology Co., Ltd., operating as PGVerse, is a spatial computing and AI-driven firm focused on developing an urban metaverse platform. The company was established in 2022 as an independent brand spun off from the spatial-temporal AI platform, WAYZ Technology. PGVerse was co-founded by Tao Chuang and Ding Zhigang. Tao Chuang, the founder, has a significant background in the field, having previously served as a general manager of Microsoft's virtual earth department. This experience directly informs the company's direction in redefining the relationship between physical and digital spaces.

The core of PGVerse's business is its proprietary urban metaverse spatial computing platform. This platform is engineered to facilitate a seamless integration of indoor and outdoor environments, offering dynamic perception, high-precision real-time positioning, and interactive 3D cloud services. The technology stack incorporates five key pillars: spatial twin, spatial perception, spatial cognition, spatial positioning, and spatial interaction. By leveraging spatial AIGC (AI-Generated Content) technology, the company enables intelligent 3D modeling and the generation of interactive experiences, empowering terminals like smartphones, AR/XR glasses, and robots with advanced spatial awareness. The business model appears to be project-based, delivering B2B solutions for specific use cases. The company targets both commercial and public space owners and managers, creating customized metaverse applications. These applications serve various functions including government services, commercial consumption, urban governance, park management, and marketing.

PGVerse has demonstrated its capabilities through several high-profile projects. A notable achievement is the development of the "Zhangjiang Science City Metaverse Urban Intelligent Space" in collaboration with Zhangjiang Group, which covers a 4.1-square-kilometer area. Within this space, the company has created real-scene metaverse applications for clients such as Watsons and Bank of China, focusing on store marketing and financial services. The firm has also been involved in projects like the Chengdu Chunxi Road and a metaverse concert at Guangzhou Haixinsha. To accelerate its growth, PGVerse has secured multiple rounds of financing, including a multi-million yuan investment from Pudong Venture Capital and a Pre-A round from investors like New Access Capital, BlueRun Ventures, and Youshan Capital. The company operates within a supportive policy environment, as Shanghai has identified the metaverse as a key growth sector, aiming for a market size of 350 billion yuan by 2025.

Keywords: spatial computing, urban metaverse, AI-generated content, AIGC, mixed reality, augmented reality, spatial perception, high-precision positioning, digital twin, 3D cloud services, smart city, metaverse platform, WAYZ Technology, Tao Chuang, Ding Zhigang, Zhangjiang Science City, metaverse applications, location-based services, spatial AI, virtual-real integration