Home Metaverse Creator of First UGC Metaverse YAHAHA, Raises $40M in Series A+ Funding Round to Launch Platform to Exciting New Heights

Creator of First UGC Metaverse YAHAHA, Raises $40M in Series A+ Funding Round to Launch Platform to Exciting New Heights

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Creator of First UGC Metaverse YAHAHA, Raises $40M in Series A+ Funding Round to Launch Platform to Exciting New Heights

Source: news.google.com

HELSINKI–(COMMERCIAL WIRE)–YAHAHA Studios (“YAHAHA”), the community-focused metaverse of user-generated content (UGC), today announced that it has secured a $40 million Series A+ investment, while Get ready to take your platform to the next level. The new funding round was led by Temasek and Alibaba and includes investments from 37 Interactive Entertainment. The increase will be used to further grow the YAHAHA product, community, staff, and ecosystem. Since the launch of Early Alpha in April 2022, YAHAHA has seen over 100,000 creators flock to their platform on PC and macOS, with hundreds of thousands of players enjoying their UGC games on the mobile app.

Dually based in Finland and Shanghai, YAHAHA was founded in 2020 by a talented group of Unity veterans. The platform is in a…

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