Home » Creator-first UGC Metaverse YAHAHA, Raises USD 40M in Series A+ Funding Round to Launch the Platform to Exciting New Heights

Creator-first UGC Metaverse YAHAHA, Raises USD 40M in Series A+ Funding Round to Launch the Platform to Exciting New Heights

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Helsinki, 15 November 2022–(business wire)–yahaha studio (‘YAHAHA’) Community Focused User Generated Content (UGC) Metaverse today announced it has secured a US$40 million Series A+ investment as it prepares to take its platform to the next level. The new funding round is led by Temasek and Alibaba and includes an investment from 37 Interactive Entertainment. The funds will be used to further grow YAHAHA’s products, community, people and ecosystem. Since launching early alpha in April 2022, YAHAHA has seen over 100,000 creators flock to his PC and macOS platforms, and hundreds of thousands of players enjoying UGC games on his app on mobile. I’ve seen you.

This press release features multimedia. View the full release here. https://www.businesswire.com/news/home/20221114005506/en/

YAHAHA Studios, a community-focused user-generated content metaverse, has secured a US$40 million Series A+ investment as it prepares to take its platform to the next level. (Image: Business Wire)

With two headquarters in Finland and Shanghai, YAHAHA was founded in 2020 by a talented group of Unity veterans. The platform is on a mission to democratize 3D content creation and empower creators of all skill levels to create their own games, worlds and social spaces. YAHAHA has tools that make creating games as easy as drag-and-drop, as well as extensive and easy-to-use tutorials. totaled nearly US$100 million in two years.

YAHAHA has over 150 employees, offices in Helsinki, Seoul and Shanghai and a global team. Following the new funding round, the company plans to further expand its reach with new employees and offices in local markets such as the United States and Asia Pacific. Expanding the ecosystem, YAHAHA plans to work with brands to bring new IP to the metaverse.

Chris Zhu, CEO of YAHAHA, said: Next steps with YAHAHA – Pioneering more creator experience monetization modules. We will also invest in key areas of our community, build relationships with brands that share our values, and work with experts in the gaming space. As a result, we continue to develop. Development, creating 3D assets, etc. “

YAHAHA is next generation entertainment and you can try it now.visit yahaha.com and unleash your creativity.

View source version at businesswire.com: https://www.businesswire.com/news/home/20221114005506/en/

contact address

Dimoso from YAHAHA Studios
Lisa Fox Bennett (she/her)
+44 07729392487 (UK)
yahaha@dimoso.com
lisa@dimonos.com

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