Decentralized Content Delivery Network Mawari has secured $10.8 million in strategic financing to drive the development of spatial computing.

CN
1 year ago

Mawari is setting the standard for decentralized spatial computing and immersive content delivery.

Author: Mawari

Translation: Deep Tide TechFlow

  • Mawari is a decentralized content delivery network that enables creators to build immersive experiences that attract audiences.

  • As a pioneer in the 3D streaming media field, Mawari has obtained three patents, with another 11 pending, and has 40 clients including KDDI, Netflix, and BMW.

Mawari Network is a decentralized Physical Infrastructure Network (DePIN) that is leading in the next-generation spatial computing field. The company successfully raised $10.8 million in a strategic financing round led by Anfield LTD, Borderless Capital, and 1kx. This round of financing also received support from Accord Ventures, Animoca Brands Japan, Blockchange Ventures, Draper Dragon, iAngels, Mulana Ventures, Parami Investors, Samsung Next, and Waldo Holdings, as well as the participation of well-known angel investors Ivan Brightly, Joshua Frank, Pete Townsend, and Sean Carey.

Investors and operators from the Web2 and Web3 industries are supporting Mawari's seven-year technical advantage in streaming media immersive experiences, as well as their bold vision of using decentralized physical infrastructure networks (DePIN) to quickly and economically deliver 3D content to global devices. Mawari achieves real-time 3D content streaming to spatial computing devices such as Apple Vision Pro, Meta Quest 3, and Meta Orion AR glasses through a global GPU network, using Web3 elements like DePIN to overcome the limitations of traditional centralized networks. Mawari uniquely focuses on addressing the core challenges in the spatial computing industry, previously known as extended reality (XR), and focuses on providing scalable infrastructure for real-time 3D applications. Founded in 2017, Mawari has since launched Mawari Network—a decentralized Physical Infrastructure Network (DePIN), the only full-stack spatial computing platform that provides optimized AR/VR experiences.

"Every time I see the projects Mawari is building, I think about how amazing the future of spatial computing will be," said Sean Carey, co-founder of Helium and partner at Borderless Capital. "Luis and the team have quietly developed real technology over the past seven years, with a breathtaking system."

"Mawari is not only an early pioneer in spatial computing, but also one of the first Web2 companies to successfully leverage blockchain and decentralization to drive innovation, improve efficiency, and enhance user experience," said Christopher Heymann, founding partner of 1kx. "They understand the huge potential of decentralized computing in future content delivery, and we are excited to support them on this journey."

Mawari will use the raised funds to expand into new markets. The team will continue to improve its spatial media SDK and invest in research and development to maintain a competitive edge in providing decentralized spatial computing. In addition, Mawari will expand its business development efforts to reach more customers and markets as the growth of spatial computing devices and programming in Asia and the Americas continues.

"Our vision has always been to bring immersive experiences to everyone, and this investment will enable our platform to serve a broader community, allowing them to build the 3D internet with us," said Luis Oscar Ramirez, founder and CEO of Mawari.

Mawari is a pioneer in 3D streaming media, having obtained three patents with 11 more pending. It has 40 existing clients, including global brands such as T-Mobile, Sapporo, KDDI, Netflix, and BMW. Mawari initially operated on self-funding, with an average annual revenue of $1.5 million, and plans to conduct node license sales in the fourth quarter of 2024 to achieve decentralization and expand its spatial computing network.

Mawari's solution consists of two key components: spatial media SDK and Mawari Network. The spatial media SDK is a powerful toolkit designed to seamlessly integrate with popular development environments such as Unity and Unreal Engine. It allows creators to focus on what they do best—creating engaging and innovative content—without worrying about the complexity of the backend.

Meanwhile, Mawari Network is a decentralized, GPU-based content distribution network designed specifically for spatial computing. It leverages globally distributed GPU nodes strategically located near end users to ensure low latency and optimal performance. This architecture enables efficient distribution and scaling of spatial content, providing a seamless high-quality experience for global users.

About Mawari

Mawari is setting the standard for decentralized spatial computing and immersive content delivery. Mawari Network supports real-time streaming of immersive content through a global network of computing nodes. Mawari is optimizing spatial computing to enable creators to build unforgettable experiences, fundamentally changing the way audiences interact with digital content.

For more information, users can visit: Website | X | Discord | LinkedIn

Contact

Itai Elizur

Market Accross

itai@marketacross.com

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