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Metaverse Platform Mona Closes $14.6M Series A Led by Protocol Labs, Archetype & Collab+Currency

PRESS RELEASE — SAN FRANCISCO, June 30, 2022 — (BUSINESS WIRE) — Mona, the metaverse world-building platform built for creators by creators, announced this week the closure of its Series A Funding Round. The oversubscribed round was co-led by Protocol Labs, Archetype, and Collab+Currency.

Mona provides the first and only platform and network for creators to build, mint, and sell interactive metaverse worlds as NFTs. The world-building platform is free for anyone to create and access via their web browser, and creators can mint their metaverse worlds on Ethereum or Polygon. Creators are already using Mona to build and showcase photorealistic works of architecture, mesmerizing art, dynamic 3D gardens, immersive POAP scavenger hunts, unforgettable virtual events and concerts, and mysterious escape rooms.

“Our mission at Mona is to make the metaverse a social network where creators can thrive. A place to build worlds, not walls,” said Justin Melillo, Mona CEO and co-founder. “With the closing of this round, we will continue to grow our global, vibrant community of builders as we onboard thousands of new creators to the open metaverse and web3. The metaverse doesn’t have to belong to big tech companies — it can, and will, be a place for everyone.”

Other investors include Placeholder, Rogue Capital, Synergis, a_capital, Palm Tree Crew Crypto, Venture Reality Fund, SV Angel, Fourth Revolution Capital, OpenSea Ventures, Polygon Studios, LongHash Ventures, Taavet+Sten, ConsenSys Mesh, Big Brain Holdings, Everyrealm, Ready Player DAO, POAP Ventures, Gaingels, and The Grey Trust. Angel investors include gmoney, Rahilla Zafar, Conlan Rios (founder, Async Art), Miles Anthony (founder, Decentral Games), and Dennison Bertram (founder, Tally).

About Mona
Co-founded by Justin Melillo and Matthew Hoerl, Mona is the premier web3 metaverse world-building platform built for creators, by creators. Mona offers gorgeous resolution and unparalleled performance for truly visionary Web3 worlds. More than 3,000 builders are already using Mona to design and mint online worlds as NFTs, launch immersive exhibitions, host electrifying concerts, and more. Mona’s mission is to create a metaverse that belongs to everyone, which is why anyone can create and sell in the Monaverse — no land purchases, no limits. Help us build the open metaverse at monaverse.com.

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SOURCE Mona

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