Vietnamese startup VerseHub has raised a total of US$1 million from venture capitals and investors recently with the fund set to be used for building its metaverse project, according to a report by Yahoo.
The startup's founder and CTO Canh Ho has experience in the VR/AR-related business field and the company has been developing a project for six months before receiving the funds from the investors led by Gamefi.
A report from Bezinga revealed that the project VerseHub is working on currently is named NextVerse, which is a metaverse system based on the blockchain architecture.
Prior to VerseHub, Meta Spatial, another metaverse startup in Vietnam, also obtained funds from investors including Animoca Brands.
