Sumitomo participated in Zebra Labs’ $5m round while investors including FTX Ventures and Aptos provided $3m in pre-seed funding for Martian.

Alter metaverse avatars
Image courtesy of Alter.

M&A

Internet technology group Alphabet’s Google subsidiary has paid $100m to acquire Alter, the US-based metaverse avatar developer backed by social media platform Twitter, TechCrunch has reported.

Funding

Company Company description Sector Country Round Round size($m) Deal date Investors
Zebra Labs Celebrity fanbase metaverse platform Media China N/A 5 30/10/2022 Sumitomo; NetDragon
Martian  Web3 wallet platform Financial  US Pre-Seed 3 31/10/2022 FTX (FTX Ventures), Aptos; Race Capital (lead), Superscrypt, Jump Capital
LinkedAI AI skin diseases detection platform Healthcare Colombia N/A <1 ($500,00) 18/10/2022 Globant (Globant Ventures)
Moonshot Commons Gen-Z web3 engineer community operator Media China Seed N/A 31/10/2022 Mask Network, IoTex; HashKey…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.

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