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Kaleidoco, an augmented reality and Web3 company, has raised a new round of $ 7 million in funding from the blockchain gaming community.
The company recently launched Particle Ink Metaverse at the opening of the TED2022 event, and it will also have a live AR installation in Las Vegas.
The founders are Jennifer Tuft and Cassandra Rosenthal, two film industry veterans with decades of experience.
“When Cassandra and I discovered the installation of LightPoet in 2017, we immediately knew it was something we wanted to include in transmedia property in the future. The richness and emotionality of the characters and art, combined with seamless and invisible application of the technology, unlike anything we’ve seen before, ”Jennifer Tuft, co-founder and co-CEO of Kaleidoco, said in a statement. “We were immediately drawn to this world, not only for its creativity and beauty, but also for its focused and impeccable use of technology.”
Kaleidoco describes himself as a Web3 entertainment technology company whose original AR experiences enhance human connection. His original mixed reality metaverse, Particle Ink, takes place in the 2.5th dimension. Using the Kaleidoco AR Tech platform, Particle Ink Metaverse encapsulates a
Experience GameFi as another portal in the 2.5 Dimension ○ Definition in the 2.5th Dimension: The narrative framework for the Particle Ink Metaverse. It’s the middle ground between the 2D world of storyboarding and the 3D world we live in.
Investors include big names in blockchain and gaming, such as Animoca Brands, GameFi Ventures, Gemini, Jane Street, Adit Ventures, Merit Circle, Nexo, HexTrust, SuperChain Capital, and TSG (The Seelig Group).
The funds will be used to accelerate growth and recruit key and strategic candidates as Kaleidoco continues to develop and commercialize the products.
The founders have decades of experience in entertainment and intellectual property creation (e.g. Sundance Lab alumni, CAA, Paramount and Amblin projects, etc.)
At TED2022, the presentation showcased Kaleidoco’s never-before-seen, patent-pending augmented reality multi-viewer technology that enabled nearly 1,400 attendees to view simultaneously
experience AR, projection mapping, and live performance via synced tablets. The experience was also broadcast live around the world.
Kaleidoco also recently opened the first live portal in the 2.5th dimension, Particle Ink: The Speed of Dark, in the Las Vegas Arts District, with the experience open Wednesday through Sunday at 7 p.m. and 9 p.m. For tickets and more information, visit www.particleink.com.
Kaleidoco expanded the Particle Ink Metaverse with the release of the first AR NFT collection later this year, and GameFi’s experience using patented augmented integration technology will follow. Kaleidoco plans to make the AR Tech platform available to other developers next year.
Particle Ink portals are available in many mediums, inside and outside the web3. The diversity of access points and support experiences allows us to have a broad demographic. Kaleidoco’s core team consists of nine people. It was built in 2018 after Tuft and Cassandra Rosenthal experienced a bright and transformative installation of LightPoets at the 2017 Sundance Film Festival.
After Kaleidoco was founded with The LightPoets in 2018, the company expanded its proprietary technology and launched Particle Ink Metaverse at the opening of TED2022.
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