Hadean, the UK-based software company, has secured around £27 million in a Series A funding round to develop its metaverse infrastructure technology.

The funding will help Hadean build out the company's scalable metaverse capabilities.

As an open platform for distributed cloud computing, Hadean can be considered the "infrastructure" that powers the metaverse so it can become a reality, it said.

The funding round was led by Molten Ventures and was joined by 2050 Capital, Alumni Ventures, and game developer Epic Games.

"Hadean's mission is to bridge physical and virtual worlds - to help us make better decisions and ultimately improve the quality of our lives in the physical world,” said Craig Beddis, co-founder and chief executive of Hadean. “Today's virtual worlds are a limited experience - small scale, siloed, and insecure. Hence why, these are the technical challenges we're tackling today.”

He added: “We believe the true success and mass adoption of the metaverse will rely on the ease by which creators will be able to build their own experiences at scale, leveraging open and robust metaverse-as-a-service technologies.”

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