Mawari Raises $10.8M for Decentralized Spatial Computing

Author - personCMO Intern

9/29/2024

Mawari Raises $10.8M for Decentralized Spatial Computing

[12:24 AM · Sep 27, 2024] – Mawari, a pioneering force in decentralized spatial computing, has successfully secured $10.8 million in strategic funding. This investment marks a significant milestone in Mawari's mission to democratize access to immersive 3D content and revolutionize the metaverse experience. The funding round was led by Anfield LTD and Borderless Capital, with participation from other prominent institutional and angel investors.

This latest injection of capital follows a previous seed round of $6.5 million in February 2023, bringing the total funding raised to date to $17.3 million. The funds will be instrumental in scaling Mawari's decentralized physical infrastructure network (DePIN) for spatial computing, further enhancing its cutting-edge 3D content streaming platform, and expanding its global reach.

Revolutionizing the Metaverse with Decentralized Infrastructure

Mawari is tackling the critical challenge of delivering complex 3D content to mobile devices efficiently and affordably. Traditional methods are often costly and bandwidth-intensive, hindering widespread adoption of immersive experiences. Mawari's solution lies in its decentralized, revenue-sharing content delivery and rendering network. This innovative approach leverages existing, underutilized computing and network resources, enabling seamless streaming of high-fidelity spatial computing experiences to any device, anywhere in the world.

By harnessing the power of blockchain technology, Mawari ensures programmatic scalability and robust service quality management. This decentralized infrastructure empowers developers and creators to build and deploy immersive experiences with unprecedented speed and cost-effectiveness.

Key Benefits of the Mawari Network:

Cost Reduction: Mawari's decentralized approach reduces 3D deployment costs by up to 80% compared to traditional solutions.

Bandwidth Optimization: Bandwidth usage is reduced by up to 80%, optimizing data flow and minimizing networking expenses.

Near-Instantaneous Loading: An average time to first frame of just one second ensures a seamless and engaging user experience.

Global Reach: With 50+ deployments worldwide and 99.9% uptime across all global nodes, Mawari delivers uninterrupted access to immersive content.

Open Participation: Individuals can contribute to the network by running a Mawari node and earn rewards for their participation.

Empowering Creators and Transforming Industries:

Mawari's platform is already empowering creators across various industries, including art, entertainment, and education. A prime example is the collaboration with artist and choreographer Hiroaki Umeda for the Mutek Japan 2023 event. Using Mawari's MXR tool and Unreal Engine, Umeda seamlessly blended contemporary dance and digital art into an awe-inspiring extended reality (XR) experience.

Looking Ahead: The Mawari Node Sale

Mawari is preparing for its upcoming node sale, offering an opportunity for individuals to become active participants in the network and earn passive rewards while contributing to the future of spatial computing. This initiative further strengthens Mawari's commitment to decentralization and community-driven growth.

About Mawari:

Mawari is a leading DePIN for spatial computing, enabling the creation and consumption of immersive 3D experiences through a global network of nodes. By leveraging blockchain technology and a decentralized infrastructure, Mawari is democratizing access to the metaverse and transforming the way the world interacts with digital content.

Key Individuals and Investors: