Odyssey, the maker of metaverse stack for collaboration based in The Netherlands, has raised €4M in new funding round. The startup originated in 2016 as an incubator for multi-stakeholder collaboration and solutions. With the new funding round, the incubator aims to further accelerate the development of its open-source web3 version of Odyssey’s 3D mass collaboration space.
Funding and the Investor
Odyssey has confirmed that it has raised €4M from a range of investors including Scytale Ventures, Maven 11 Capital, BR Capital and tech entrepreneurs Trent McConaghy, Ben Woldring and Ewald Hesse. With the new funding, Odyssey aims to accelerate the development of Momentum, an open-source, web3 metaverse software stack that allows online 3D worlds tailored for collaboration. These online 3D worlds will then be connected through an open network owned by the users.