Supported by Epic Games, Computing Startup Hadean Raises IDR 4.5 Trillion to Build Metaverse

JAKARTA - Hadean, a distributed computing startup, spatial for web 3.0 and metaverse has received funding of 30 million US dollars (Rp 4.5 trillion) to build the metaverse infrastructure technology.

The Series A funding was led by Molten Ventures and was joined by 2050 Capital, Alumni Ventures, Aster Capital, Entrepreneur First and InQTel.

Furthermore, Series A together with investment from Epic Games, will help Hadean to build a scalable, interoperable and secure enterprise metaverse capability. 

BREAKING 🚨 We’ve secured $30 million to continue developing the tools that power the #metaverse. Led by @MoltenVentures and with additional support from fresh investors like @EpicNewsroom, the funding will have a profound impact on Hadean’s growth. https://t.co/EIxBhd7fMT

— Hadean (@hadeaninc) September 23, 2022

"Hadean's computing power will provide the infrastructure needed as we work to create the metaverse," said Marc Petit, VP, Epic's Unreal Engine Ecosystem.

Petit also said that the Hadean technology that complements Epic Games' Unreal Engine allows a large number of users to use it simultaneously and unlocks new tools for creators and developers.

"Hadean's mission is to bridge the physical and virtual worlds to help us make better decisions and ultimately improve the quality of our lives in the physical world," said Craig Beddis, Co-Founder and CEO of Hadean.

Beddis believes that mass adoption of the metaverse will depend on the ease with which content creators can build their own experiences at scale by leveraging the open and powerful technology of metaverse as a service.

Previously, Hadean had developed the metaverse component and signed multi-year agreements with Minecraft, Pixelynx, Sony, and Gamescoin.