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Kaleidoco, an augmented reality and Web3 company, has raised a new round of $ 7 million in funding from the blockchain gaming community.
The company is about to debut its Particle Ink Metaverse at the opening of the TED2022 event and also has a live AR installation in Las Vegas.
The founders are Jennifer Tuft and Cassandra Rosenthal, both veterans of the film industry with decades of experience.
“When Cassandra and I experimented with installing LightPoet in 2017, we immediately understood that this was something we wanted to integrate into the transmedia property of the future. The richness and emotionality of the characters and the art, coupled with the invisible and seamless application of technology, were unlike anything we’ve ever seen before, “said Jennifer Tuft, Kaleidoco co-founder and co-CEO. “We were immediately drawn to this world, not only for its creativity and beauty, but also for its focused and flawless application of technology.”
Kaleidoco describes itself as a Web3 entertainment technology company whose original AR experiences enhance human connection. His original mixed reality metaverse, Particle Ink, is set in the 2.5th Dimension. Leveraging the Kaleidoco AR Tech platform, Particle Ink Metaverse encapsulates a
GameFi Experience as Another Portal in Dimension 2.5 ○ Definition of Dimension 2.5: The narrative setting for Particle Ink Metaverse. It is the intermediate place that lies between the 2D world of the storyboard and the 3D world we live in.
Investors include top names in blockchain and gaming, such as Animoca Brands, GameFi Ventures, Gemini, Jane Street, Adit Ventures, Merit Circle, Nexo, HexTrust, SuperChain Capital and TSG (The Seelig Group).
The funding will be used to accelerate growth and take on key and strategic hires as Kaleidoco continues to create and release products.
The founders have decades of experience in entertainment and intellectual property creation (e.g. Sundance Lab alumni, CAA, projects with Paramount and Amblin, etc.)
At TED2022, the presentation showcased Kaleidoco’s new patent-pending multi-viewer technology, which allowed nearly 1,400 guests in attendance to
experience AR, projection mapping and live performance via synchronized tablets. The experience was also broadcast live globally.
Kaleidoco also recently opened the first live portal in the 2.5th dimension, Particle Ink: The Speed of Dark, in the Las Vegas Arts District, with the experience open Wednesday through Sunday at 7pm and 9pm. For tickets and more information, visit www.particleink.com.
Kaleidoco will expand Particle Ink’s Metaverse with the release of its first AR NFT collection later this year and will follow the GameFi experience using its patented augmented unification technology. Kaleidoco plans to make its AR Tech platform available to other developers next year.
Particle Ink portals exist in multiple mediums, both on and off the web3. The diversity of access points and accompanying experiences allows us to have a wide demographic range. Kaleidoco’s core team is made up of nine people. It was founded in 2018 after Tuft and Cassandra Rosenthal experienced a brilliant and transformative installation by LightPoets at the 2017 Sundance Film Festival. Activation was created by their now co-founding partners.
After founding Kaleidoco in partnership with The LightPoets in 2018, the company developed its proprietary technology and debuted its Particle Ink Metaverse at the opening of TED2022.
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