The Brave Engineer

Brave group Raises Additional US$10 Million to Accelerate Metaverse Business, Finalizing Total Series C at US$18 Million

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Thursday, June 23, 2022

TOKYO, June 23, 2022 /PRNewswire/ -- Brave group Inc., a virtual IP business based in Japan, has raised US$10 million in new capital in anticipation of business expansion and global development in the metaverse and Web3 domains from Japanese companies such as Dawn Capital and Osaka Gas Co., Ltd., foreign investment funds and individual investors. This brings the total raised capital to US$18 million.

Key Points: 
  • With this new capital, Brave group intends to strengthen its existing businessoperations and global expansion, expand its solution services for clients inthe metaverse marketing business, develop additional "Brave Engine" productsand other new businesses, and strengthen its management structure.
  • In addition, in the metaverse marketing business launched last year, Brave grouphas developed a series of solution services for corporate clients and are steadily building a track record.
  • We have many other new initiatives in theworks, so please look forward to the brand-new reborn Brave group."
  • To date, Brave group has raised US$18 million in funding from investors including (but not limited to) Dawn Capital and Osaka Gas Co., Ltd., and other companies.