The metaverse UGC platform YAHAHA has completed a $40 million Series A+ financing round, led jointly by Temasek and Alibaba

2022-11-15 12:11:12

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ChainCatcher news, the metaverse UGC platform YAHAHA announced the completion of a $40 million Series A+ financing round, led jointly by Temasek and Alibaba, with participation from 37 Interactive Entertainment, and Taihe Capital serving as the exclusive financial advisor. The funds from this round will be used for product iteration, community ecosystem development, and personnel expansion.

It is reported that YAHAHA was established in 2020 with the mission of democratizing 3D content creation and consumption. Its 3D content creation tools will help any creative individuals build their own games, worlds, and social spaces, allowing creators to develop a game in a no-code manner through simple drag-and-drop. YAHAHA released the Alpha testing version of its product in April 2022. (Source link)

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