Dubit, the video games studio and developer of digital worlds for twenty years, has raised USD $8M to launch the world’s first dwell esports league within the metaverse, beginning in Roblox. Dubit works with corporations equivalent to Disney, Facebook and Lego, and is already taking manufacturers into Roblox.
The funding spherical was led by Metaventures and French investor Jean-Charles Capelli, valuing Dubit at USD $55 million. The firm will now develop its current metaverse exercise, introducing Metaverse Gaming League (MGL) to pioneer branded gaming occasions and esports tournaments. Metaventures and Dubit are additionally creating client life-style experiences equivalent to live shows and style reveals for the metaverse.
Currently in beta, Metaverse Gaming League hosts common live-streamed occasions in Roblox, the gaming and social platform with over 200 million month-to-month customers. Events happen in common video games, and in contrast to skilled esports occasions MGL presents everybody the possibility to take part and win prizes, not simply the elite gamers. Following its launch on Roblox, it’s going to develop to different main metaverse gaming platforms, equivalent to Minecraft and Core.
Announcing the increase, Dubit Co-Founder, Matthew Warneford, commented:
“We’re delighted to be working with Jean-Charles Capelli to pioneer new methods wherein manufacturers can enter the metaverse, equivalent to by our Metaverse Gaming League. The funding can even permit us to create massively interactive dwell occasions in music and style that manufacturers can associate with. It’s an thrilling time for Dubit, placing all of our expertise and experience to work within the metaverse.”
Metaventures’ Jean-Charles Capelli added:
“Dubit is within the excellent place to benefit from the brand new alternatives within the metaverse. No different firm has 20 years expertise in creating and launching digital worlds, mixed with an ideal community of manufacturers and organisations that it really works with all over the world. As an entrepreneur and musician, I’m proud to spend money on Dubit, and I’m excited to assist scale up the unbelievable experiences it creates for customers of Roblox and different metaverses.”
Dubit was based in 1999 by a gaggle of youngsters who created the primary Flash digital world for younger folks. Now a worldwide workforce of over 100 folks, Dubit creates video games and experiences for manufacturers all over the world, and has constructed a world class Roblox workforce, expertise in constructing video games with billions of performs.
As properly as creating video games for manufacturers, Dubit additionally companions with most of the high current Roblox video games to introduce branded content material for their thousands and thousands of month-to-month gamers. Dubit’s community of associate video games already has a whole bunch of thousands and thousands of month-to-month gamers. In 2022, Dubit will additional develop its US presence by opening a studio in New York City.