Metaverse Infrastructure Technology Startup Hadean startup $30 Million in Series A funding

Hadean, a London-based metaverse infrastructure technology startup, has now secured $30 million in a Series A funding round.

Hadean is founded by Craig Beddis. It provides a distributed cloud platform that enables scalability, interoperability, and security, driving the metaverse and immersive digital experiences for enterprise, gaming and commercial, and government customers. The company has developed vital metaverse components and signed multi-year agreements in entertainment, as well as with education and enterprise digital twin providers.

Marc Petit, VP of Epic's Unreal Engine Ecosystem, said, "Hadean's computing power will provide the infrastructure that's needed as we work to create a scalable metaverse. The company's technology complements Epic's Unreal Engine by enabling massive amounts of concurrent users and unlocking new tools for creators and developers. We are pleased to contribute to Hadean's growth and look forward to continuing to work together to lay the foundation for the metaverse."

Craig Beddis, Hadean Co-Founder and CEO, said, "Hadean's mission is to bridge physical and virtual worlds - to help us make better decisions and ultimately improve the quality of our lives in the physical world. Today's virtual worlds are a limited experience - small scale, siloed, and insecure. Hence why these are the technical challenges, we're tackling today. But we believe the true success and mass adoption of the metaverse will rely on the ease by which creators will be able to build their own experiences at scale, leveraging open and robust metaverse-as-a-service technologies. We're delighted to work with industry leaders like Epic Games, who share our ethos and ambition for this reality."

The round was backed by Molten Ventures, joined by Aster Capital, Alumni Ventures, 2050 Capital, InQTel and Entrepreneur First.

The Series A funding round, along with an investment from Epic Games, will help Hadean to build out the company’s scalable, interoperable and secure metaverse capabilities.

The metaverse startup, as of now, has plans to use the new funds to build out its latest technology – already supporting virtual worlds in immersive entertainment and enterprise digital twins, and accelerate its ability to give creators the tools in new and emerging metaverse markets.