Metaverse project Baby Shark Universe completes seed round financing

Baby Shark Universe project, a metaverse project, has completed a seed round of financing with a valuation of $34 million. Participating investors include Animoca Brands, CREDIT SCEND, Sui Foundation, Comma3 Ventures, Creditcoin, GM Ventures, Neuler, Notch Ventures, X+, and Planetarium. The specific amount has not been disclosed, and the new funds will be used for development and global marketing. According to reports, Baby Shark Universe is an open-world role-playing game where players can create their own game content (items, maps), enjoy content created by other players, and expand the game's narrative based on their choices and actions.