Challau secures £400k pre-seed funding from 7percent Ventures to develop its browser-based metaverse platform.
The pre-seed round was provided by 7percent Ventures to support platform development.
Challau operates a metaverse platform that allows users to access immersive 3D environments across standard devices without requiring specialised hardware or software downloads.
Challau has secured £400k in a pre-seed funding round led by 7percent Ventures. The capital will support the company as it develops its browser-accessible metaverse platform. The platform enables users to generate 3D virtual spaces and interact through full body avatars and spatial audio on standard devices. Since launching its beta, the business has recorded over 20,000 user sessions and steady weekly growth.
From the founder
"We are delighted to have the support of 7percent Ventures, a fund and team with an impressive track record of supporting the most innovative, futuristic and ground breaking technologies."
Muhammad Khawaja
Founder and CEO at Challau
Investor perspective
"Challau provides access to a frictionless metaverse environment, without the usability or device spec barriers to entry which 3D worlds have. The team have built some fantastic inhouse technology and users love the product. We’re excited to be on the journey with the Challau team."
Andrew Scott
Founding Partner, 7percent Ventures
