EdenBase Invests in Threedium - Winner of EdenBase Competition
EdenBase is excited to announce its investment into one of the winners of the EdenBase Investment Competition - Threedium, a 3D engine making the creation and distribution of 3D and AR experiences accessible for major brands and companies.
Out of numerous applicants from 28 countries and a thorough evaluation process including interviews with the expert panel of judges and sessions with the EdenBase team, Threedium was selected as one of the winners of the competition, qualifying to receive investment from the EdenBase fund and join the hub in London.
The team is delighted to welcome Threedium to the EdenBase ecosystem, and support them on their mission to enable brands to deliver immersive 3D and AR experiences and distribute them across omnichannel display ad networks, eCommerce websites, and virtual stores. The impact of Threedium’s technology spans many fields including the metaverse, NFTs, gaming, 3D printing, financial assets, crime/fraud prevention and sustainability, and aligns perfectly with the EdenBase vision and their team’s previous experience in these areas including two metaverse firsts; the physical-twin NFT project with Angelo Galasso and the Honu Kitty charitable NFT project to support ocean conservation.
“Being able to work alongside so many amazing founders has been a great joy and has prepared our company well to continue on our supergrowth journey” commented Threedium CEO, Mike Charalambous. “Winning the Edenbase competition opens up the doors to take our tech and platform abilities to the next level. We will be utilising the best resources and specialists worldwide to embed frontier AI and Blockchain technology to make our platform more powerful and more scalable than ever.”
EdenBase participated in Threedium’s recently completed pre-series A funding round of $2.1 million alongside new investors and several existing shareholders including Seedrs and Collider Investors bringing Threedium’s total fundraising to $3.6 million.
“We are excited to be working with the Threedium team! We see the application of 3D and AR for enterprise markets as a seamless entry point for brands to the Metaverse, and we believe that Threedium will prove a leading force driving the adoption of immersive Metaverse experiences for brands around the world,” said Daniel Doll-Steinberg, cofounder at EdenBase.
Threedium has recently received strong recognition in the fashion industry. Dozens of global brands including Adidas, Bulgari, Diageo, Dior, Tous and FARFETCH are using Threedium to publish a growing number of product lines. Threedium also supported ASICS in the launch of the first-ever NFT drop for a global sportswear brand and was recently selected as the exclusive Amazon Advertising tech provider for 3D display ads.
About the EdenBase Competition
The first EdenBase startup competition reached a global audience who applied to be considered to receive investment from the EdenBase fund and to join and benefit from the ecosystem. An expert panel of judges evaluated the applications, assessing the team, product, and market opportunity for each submission to identify the Top 20 Semi-Finalists. After a Base Camp Week, which included content sessions and interviews with the EdenBase Team and Competition Judges, the Top 12 finalists were announced and two winners have been selected to receive funding and to work with the EdenBase team at their London hub.
About EdenBase
EdenBase is a fund, hub and ecosystem for the next set of Game Changers designed by the team that created London’s famous Level39 in London’s Canary Wharf, the TechCity/TechNation initiative establishing the UK as a European “Silicon Valley”, the Fintech vertical of the Swiss Kickstart accelerator with Digital Switzerland, and one of the UK’s first $trillion metaverse economy product opportunities. By building a community and ecosystem, EdenBase supports portfolio companies to deliver responsible growth and valued impact to create a better future.
Media Inquiries:
nikki@edenbase.com
press@threedium.co.uk