PANews reported on March 19 that according to NFT Plazas, Peer Global Inc. completed a new round of financing of US$10.5 million, bringing its total investment to US$65.5 million. The financing was led by Tommy Mai's family office and will be used to expand Peer's development team, enhance its artificial intelligence capabilities, and improve its metaverse platform.
According to reports, Peer is a technology platform that integrates artificial intelligence to create interactive digital environments. The company has launched a 3D personal planet that allows users to create and customize digital spaces for social interaction. Peer's metaverse engine provides developers with tools to build AI-generated digital environments. Peer's monetization strategy includes virtual property sales, that is, users can purchase and personalize digital spaces.
