Seoul-Based 3i, An Immersive Experience Startup Focusing On Metaverse Tech, AI, And AR/VR, Raises ~$24M Series A Led By SV Investment (FinSMEs)

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A Seoul, South Korean immersive experience company specializing in metaverse technology such as artificial intelligence, virtual reality, and augmented reality.Series A funding totaled more than $24 million (W28 billion).

The round comprised $20 million from new strategic and financial investors and $4 million from existing investors. The Korean Development Bank, LB Investment, DS Asset, YG Investment, Intops Investment, Enlight Ventures, NBH Capital, and Korea Asset Investment Securities all participated.

The company is planning to make use of the funds to create new products, expand its metaverse platform, grow with a variety of vacant roles in recruitment marketing, customer service, marketing design, and engineering, and make significant investments to improve the experience of brands in the coming year.

In 2017, 3i was founded and is led by Ken Kim, CEO. 3i is the owner of 34 patents in technology and two brands:

  • Pivo is a platform-based business that is situated between hardware, software, and content. It is focused on empowering every day creators across the world by providing the Pivo pod, a portable smart pod that is powered by AI, as well as a collection of mobile applications that extend the capabilities of smartphones and make it easier to create rich content.
  • Beamo is an enterprise-grade, digital twin solution that is ideal for companies and sites that require a mission-critical approach. Beamo creates a highly dynamic digital twin that allows businesses to conduct remote inspections, manage equipment remotely, work with remote teams, and offer the most immersive experience for navigation of critical assets.seoulbased ar vr series investment
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About the Author: uzair

Uzair is a features writer at He is a graduate of Emerson College and recently completed the MFA in writing.

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