SPACE secures $7M in funding for arts and commerce virtual projects

SPACE has raised $7 million from multiple venture funds. The funding was provided in part by investors such as CoinFund, Dapper Labs, Digital Currency Group, Animoca Brands, Hof Capital, and more.

Space is a metaverse project which caters to the arts and commerce. It aims to provide tools that allow users to design and create immersive commerce spaces without barriers. Its goal is to ‘build the economic glue to join various metaverses into one parallel society.’