Ready Player Me, a Tallinn-based cross-game avatar platform, announced on Tuesday that it has secured $56M (approximately €56.4M) in a Series B round of funding led by Andreessen Horowitz (a16z).
Notable investors participating in the round include David Baszucki (co-founder of Roblox), Justin Kan (co-founder of Twitch), Sebastian Knutsson & Riccardo Zacconi (King Games co-founders), sports and entertainment company Endeavor, Kevin Hart’s Hartbeat Ventures, D’Amelio family, Punk6529, Snowfro, Collab Currency, Plural, Konvoy Ventures, and Robin Chan (co-founder of Fractal).
The announcement comes eight months after the company raised $13M (approximately €13M) in a Series A round back in December last year.
Ready Player Me: What you need to know
The Estonian company believes that metaverse is not a single app or a game, rather, it’s a network of thousands of virtual worlds people visit to play, work, and collaborate.