Thousands of new startups are founded every year – emerging companies with the potential to disrupt the metaverse industry. To give you a head-start on emerging technologies & startups that will impact the social media and web3 sectors in 2023, we analyzed a total of 1 385 global metaverse startups & scaleups. Meet 10 of the most promising startups to watch!
Global Startup Heat Map highlights 10 Metaverse Startups to Watch in 2023
Out of 1 385, the 10 Metaverse startups to watch are chosen through the Big Data & Artificial Intelligence (AI)-powered StartUs Insights Discovery Platform, covering over 3 790 000+ startups & scaleups globally. As the world’s largest resource for data on emerging companies, the SaaS platform enables you to scout relevant startups, emerging technologies & future industry trends quickly & exhaustively.
The Global Startup Heat Map below highlights the 10 metaverse startups you should watch in 2023 as well as the geo-distribution of the other 1 375 startups & scaleups we analyzed for this research. We hand-picked the 10 highlighted metaverse startups based on our data-driven startup scouting approach, taking into account factors such as location, founding year, the relevance of technology, & funding, among others.
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RLTY delivers 3D Immersive Experiences
RLTY is a metaverse startup that builds a no-code startup platform to build 3D immersive experiences for the metaverse. It combines virtual reality (VR), cloud computing, blockchain, and a game engine to organize concerts, festivals, art exhibitions, and more. The platform also allows collaborators to manage access-control list (ACL) rights and easily onboard 3D artists to optimize events. This event management workflow enables event organizers and entertainment companies to mitigate coding and in-house software development. Consequently, they are able to build and launch web3 and metaverse events faster as well as improve customer or end-user experience.
Kirin Metaverse maintains a Web3 Social & Gaming Infrastructure
Kirin Metaverse is a US-based startup that offers a web3 social and gaming Infrastructure. The startup’s no-code creator studio leverages generative AI and proprietary pre-training techniques to produce interoperable avatars and assets. The assets are rendered as GLB models that are minted and used in the metaverse. The studio’s machine learning (ML) model also handles weapons, chests, and even environmental assets like trees and doors. This allows metaverse users to create customized avatars while enabling game studios to automate otherwise time-consuming in-game assets and avatar development.
Bit.Country offers Metaverse as a Service
Bit.Country is a Singaporean startup that provides metaverse as a service. The startup’s metaverse network, Metaverse.Network, allows non-technical users to launch their metaverse projects. Bit.Country’s application programming interface (API) also enables them to develop games and smart contract decentralized apps (dApps). The startup’s metaverse includes a non-fungible token (NFT) marketplace, map engine, land economy, NFT facilities, and a customizable 3D world engine. Further, Metaverse.Network allows project owners to incentivize users that contribute to the community and supports the integration of existing decentralized applications (dApps). This allows them to accelerate project development and reach a wider audience.
Edverse builds an Educational Metaverse
Edverse is an Indian startup that makes an educational metaverse. The startup utilizes Polygon and Elysium blockchains to create a public decentralized network and deliver education history as NFT records. It also offers a metaverse space to host virtual classrooms and alumni meetups as well as conduct joint classes. The startup’s 3D library of educational assets, Ed-NFT 3D Library, offers numerous educational assets to educators and learners. Further, the metaverse’s tokenomics incentivizes the stakeholders to earn EDV tokens for opting into various courses. This allows schools to reach a wider student pool and improve their educational model.
landindex provides Metaverse Data Analytics
Metaverse startup landindex develops a metaverse data analytics tool. It aggregates metaverse data from Decentraland, The Sandbox, NFT World, Otherside, and other virtual worlds. The tool then provides an overview of land price, ownership, and investment across these virtual spaces. Moreover, the startup’s API delivers updates on the land value through live NFT prices without depending on third parties like OpenSea. This price index and analysis tool thus allow investors and users to track metaverse activities and identify high-performing spots in the metaverse.
Veyond Metaverse builds a Healthcare Metaverse Ecosystem
Veyond Metaverse is a US-based startup that maintains a healthcare metaverse ecosystem. The startup’s proprietary cloud communication platform leverages extended reality (XR), AR, and VR to improve collaboration and engagement. It enables surgeons to create, manipulate, and interact with patient digital twins. This enables remote surgical training, remote supervision of surgeries, and real-time collaboration between surgeons. The platform also supports various haptic devices and features AI to offer an immersive metaverse hospital. As a result, Veyond Metaverse allows clinicians to collaborate in real time and enables simultaneous surgical education, training, planning, and collaborative procedures.
Metaboutiq makes Wear-to-Earn NFTs
Estonian startup Metaboutiq creates wear-to-earn NFTs. The startup’s marketplace provides limited collections of curated 3D outfits for use in virtual work and leisure spaces. Metaboutiq also partners with social media influencers to promote NFTs. The startup’s NFTs are interoperable across AR and VR ecosystems, allowing users to deploy custom outfits in numerous metaverse networks.
Next Earth offers Metaverse Land Ownership
Next Earth is a Hungarian startup that develops a metaverse land ownership platform. It allows users to own locations on earth as NFT lands and connect them to their web2 business websites or platforms. The startup’s platform also allows developers to build map-based applications using smart contracts and minting dynamic NFTs. This allows owners to buy and sell Next Earth’s lands on their terms and enables them to earn money by staking their NFTs for activities in their virtual land. Further, the startup’s platform as a service solution provides the resources, infrastructure, and user base required for businesses to expand or transition into the metaverse. This greatly cuts down in-house development costs and project launch time.
Black History DAO delivers Immutable Black History Records
Black History DAO is a US-based decentralized autonomous organization (DAO) that makes immutable black history records. The startup collects, preserves, and shares real stories of Black history and anchors them on the blockchain. For this, it utilizes peer-reviewed submissions and rewards contributors with BHD tokens. Further, Black History DAO delivers this data in the metaverse through AR and VR to make the data more accessible and discoverable. The startup also donates a part of its wealth to preserve historical landmark sites.
KEYS Metaverse builds an Open Metaverse
KEYS Metaverse is a UAE-based startup that makes an open metaverse that focuses on accessibility and immersive user experiences. The startup’s device-agnostic metaverse is built on Unreal Engine 5 and is accessible through a URL. It allows users to access the metaverse more flexibly and supports all devices that feature bi-directional streaming. The real estate-centric metaverse also offers a 3D marketplace to engage global real estate buyers and sellers. KEYS Metaverse further provides creator tools and professional services that allow community members to build custom businesses and utilities in its metaverse.
Discover All Emerging Metaverse Startups
The 10 metaverse startups showcased in this report are only a small sample of all startups we identified through our data-driven startup scouting approach. Download our free Industry Innovation Reports for a broad overview of the industry or get in touch for quick & exhaustive research on the latest technologies & emerging solutions that will impact your company in 2023!
