3i Raises US$24M in Series A Funding


3i Inc. is an Seoul, South Korea immersive experience company, focusing on metaverse technology such as AI, artificial intelligence reality and virtual reality, has raised more than $24M(W28B won) as Series A financing.

The round was led by $20 million from strategic and financial investors, and $4 million from existing investors. It was led SV Investment with participation from Korean Development Bank, LB Investment, DS Asset, YG Investment, Intops Investment, Enlight Ventures, NBH Capital along with Korea Asset Investment Securities.

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The company is planning to make use of the funds to create new products, and also expand its metaverse platform, expand its reach with open positions in recruitment marketing, customer satisfaction, marketing as well as design and engineering and make significant investments into the brand experience on 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 has two brands:

  • Pivo is a platform-based business that is situated in the middle of software, hardware, and content, is focused on empowering every day creators all over the world by providing the Pivo the Pod, a mobile smart pod that is powered by AI, as well as a collection of mobile applications which extend the capabilities of smartphones and make it easier to create rich content.
  • Beamo is an enterprise-grade, digital twin solution designed for companies and sites that require a mission-critical approach. Beamo creates a highly dynamic digital twin that permits businesses to conduct remote inspections, manage equipment remotely, work with remote teams, and offer the most complete navigation of vital assets.

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