Worlds Enterprises, Inc., creators of a new 4D infrastructure for building the Industrial Metaverse, announces the successful completion of its $21.2 million Series A1 funding round. The round is led by Moneta Ventures with key participation from existing investors Align Capital, Green Park & Golf Ventures, Chevron Technology Ventures, Piva Capital, PerotJain, and Capital Factory. The funding will be used to continue investing in the Company’s AI platform, expand key go-to-market partnerships, and further expand the adoption of Worlds’ technology by industrial companies.
“After hearing from hundreds of digital transformation teams, it is clear that what is really needed is one place where all of these things come together; that is what we built with Worlds.”
The Platform for the Industrial Metaverse
The Worlds Industrial Metaverse platform brings AI-based automation directly into the ground floor operations of large industrial companies. IoT sensors, people, and processes all come together inside a live digital twin that organizations can use to measure and reimagine their operations in ways that were previously impossible.
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“We are thrilled that Moneta and all of our investors share our vision for large-scale digital transformation and believe in the incredible potential of Worlds as much as we do,” says Dave Copps, CEO of Worlds. “Businesses today are racing toward a future where the digital and physical worlds fully converge and radically change how they measure, analyze, and reimagine their businesses. That is precisely the work of Worlds and we are the only company on the planet that can do what we do.”
As industrial companies grow larger and faster than ever, their ability to observe, analyze and improve operations at scale becomes harder each day. “We stand unique in a market flooded with point solutions, computer vision companies, digital twin providers, and sensor companies that address only a tiny part of a much larger problem,” says Chris Rohde, President, Worlds. “After hearing from hundreds of digital transformation teams, it is clear that what is really needed is one place where all of these things come together; that is what we built with Worlds.”
SOURCE: Businesswire