Los Altos, United States / California, September
26th, 2024, Chainwire
- Mawari is a decentralized content delivery network enabling
creators to build immersive experiences that captivate their
audiences
- Mawari is a pioneer in 3D streaming with three patents granted
and 11 in process, as well as 40 clients including KDDI, Netflix,
and BMW
Mawari Network, a DePIN (Decentralized Physical
Infrastructure Network) pioneering the next-generation of spatial
computing, has secured $10.8 million in a strategic funding round
led by Anfield LTD, Borderless Capital and 1kx. These investors are
being joined by Accord Ventures, Animoca Brands Japan, Blockchange
Ventures, Draper Dragon, iAngels, Mulana Ventures, Parami
Investors, Samsung Next and Waldo Holdings as well as notable angel
investors Ivan Brightly, Joshua Frank, Pete Townsend, and Sean
Carey.
Investors and operators from both web2 and web3 industries are
backing Mawari’s seven-year technological head start in streaming
immersive experiences, as well as their bold vision to leverage
DePIN to bring 3D content quickly and affordably to devices around
the world. Mawari enables real-time 3D content streaming to spatial
computing devices like the Apple Vision Pro, Meta Quest 3 and Meta
Orion AR Glasses through a global network of GPUs, leveraging Web3
elements such as DePIN to overcome the limitations of traditional
centralized networks. Uniquely positioned to address one of the
core challenges in the spatial computing industry, formerly known
as XR (eXtended Reality), Mawari focuses on delivering scalable
infrastructure for real-time 3D applications. Founded in 2017,
Mawari has since launched the Mawari Network — a DePIN and the only
full-stack spatial computing platform offering decentralized
compute and storage resources optimized for AR/VR experiences.
“Every time I see what Mawari is building, I am
reminded of how wild the future of spatial computing will be,”
Sean Carey, Helium Co-Founder and Partner at Borderless
Capital said. “Luis and the team have been quietly
building real technology for the last seven years and have an
arsenal of systems that are pretty jaw-dropping.”
"Mawari is not only an early pioneer in spatial
computing but is also one of the first of a new cohort of
successful Web2 businesses harnessing blockchain and
decentralization to drive innovation, efficiency, and improved user
experience," Christopher Heymann, Founding Partner at 1kx
said. "They understand the huge potential for
decentralized computing to power the future of content delivery,
and we're thrilled to be backing them on this
journey."
Mawari will use the funds raised to open new markets. The team
will continue to improve its Spatial Streaming SDK and continue to
invest in R&D to stay ahead of the competition in delivering
decentralized spatial computing. In addition, Mawari will grow its
business development efforts to reach more clients and markets, in
line with the growth of spatial computing devices and programming
in Asia and the Americas.
“Our vision has always been to bring immersive
experiences to everyone, and this investment will unlock the
platform for a broader community to build the 3D Internet with us,”
said Luis Oscar Ramirez, Founder & CEO of
Mawari.
Mawari is a pioneer in 3D streaming with three patents granted
and 11 in process. It boasts 40 existing clients including global
brands, such as T-Mobile, Sapporo, KDDI, Netflix, and BMW. Having
initially bootstrapped — averaging $1.5 million in revenue per year
— Mawari plans to conduct a node license sale in Q4 of 2024 to
decentralize and scale its spatial computing network.
Mawari's solution consists of two key components: the Spatial
Streaming SDK and the Mawari Network. The Spatial Streaming SDK is
a robust toolkit designed to integrate seamlessly with popular
development environments like Unity and Unreal Engine. It empowers
creators to focus on what they do best—crafting engaging and
innovative content—without worrying about the backend
complexities.
The Mawari Network, meanwhile, is a decentralized, GPU-powered
content delivery network designed for spatial computing. It
leverages a globally distributed network of GPU nodes,
strategically positioned near end-users to ensure low latency and
optimal performance. This architecture enables the efficient
distribution and scaling of spatial content, delivering seamless,
high-quality experiences to users anywhere in the world.
About Mawari
Mawari is setting the standard for
decentralized spatial computing and immersive content delivery. The
Mawari Network powers real-time streaming of immersive content
through a global network of compute nodes. Mawari is optimizing
spatial computing, empowering creators to craft unforgettable
experiences that are revolutionizing how audiences engage with
digital content.
For more information, users can visit: Website | X | Discord | LinkedIn
Contact
Itai Elizur
Market
Accross
itai@marketacross.com