Mawari, a decentralized content delivery network, has recently secured $10.8 million in funding to expand its spatial computing technology. This strategic funding round was led by Anfield LTD, Borderless Capital, and 1kx, with additional support from Accord Ventures, Animoca Brands Japan, Blockchange Ventures, Draper Dragon, iAngels, Mulana Ventures, Parami Investors, Samsung Next, Waldo Holdings, and notable angel investors Ivan Brightly, Joshua Frank, Pete Townsend, and Sean Carey.
Mawari is a pioneer in 3D streaming, with three patents granted and 11 in process. The company has an impressive roster of 40 clients, including industry giants like KDDI, Netflix, and BMW. This funding will allow Mawari to further develop its Spatial Streaming SDK, invest in research and development, and expand into new markets to reach more clients and users.
The Mawari Network, also known as a DePIN (Decentralized Physical Infrastructure Network), is at the forefront of spatial computing technology. With a focus on real-time 3D content streaming to devices like the Apple Vision Pro, Meta Quest 3, and Meta Orion AR Glasses, Mawari leverages Web3 elements such as DePIN to overcome the limitations of traditional centralized networks. By providing decentralized compute and storage resources optimized for AR/VR experiences, Mawari aims to deliver scalable infrastructure for real-time 3D applications.
Sean Carey, Helium Co-Founder and Partner at Borderless Capital, expressed his excitement about Mawari’s technological advancements, stating, “Every time I see what Mawari is building, I am reminded of how wild the future of spatial computing will be.” Christopher Heymann, Founding Partner at 1kx, also praised Mawari’s innovative approach, noting, “Mawari is not only an early pioneer in spatial computing but is also one of the first of a new cohort of successful Web2 businesses harnessing blockchain and decentralization to drive innovation, efficiency, and improved user experience.”
Luis Oscar Ramirez, Founder & CEO of Mawari, shared his vision for the company, stating, “Our vision has always been to bring immersive experiences to everyone, and this investment will unlock the platform for a broader community to build the 3D Internet with us.” With plans to conduct a node license sale in Q4 of 2024, Mawari aims to decentralize and scale its spatial computing network even further.
Mawari’s solution consists of two key components: the Spatial Streaming SDK and the Mawari Network. The Spatial Streaming SDK is a powerful toolkit designed to seamlessly integrate with popular development environments like Unity and Unreal Engine, allowing creators to focus on crafting engaging content without backend complexities. The Mawari Network, on the other hand, is a decentralized, GPU-powered content delivery network that ensures low latency and optimal performance for spatial computing experiences.
In conclusion, Mawari’s recent funding will enable the company to expand its spatial computing technology and reach new markets. With a focus on delivering immersive experiences through decentralized infrastructure, Mawari is paving the way for the future of spatial computing and revolutionizing how audiences engage with digital content.
