Virtual user-generated content metaverse platform Yahaha announced on November 15 that it has completed A+ round funding totaling $40 million, jointly led by Temasek and Alibaba and followed by 37 Interactive Entertainment. TH Capital acted as exclusive financial advisor.

Yahaha was established in 2020 with two locations in Shanghai and Helsinki, Finland. The core founding team is made up of former senior employees of Unity, a game engine developer. Yahaha’s 3D content creation tool helps users create their own games, worlds, and social spaces. With no-code entry levels and thousands of works of art available to use, the company’s interactive studio supports creators of all experience levels, making it easier than ever to unleash creativity and create. games.

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