Funding Alert

HIKKY raises $57M in Series A funding


Japan-based HIKKY recently raised $57 million in its Series A round of funding. The company plans to utilise the funding to expand the company’s VR services domestically and internationally, as well as strengthen its organizational foundation.

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“Here at HIKKY, we will accelerate our metaverse business with the help of communication infrastructure and global networks of NTT DOCOMO, INC. and NTT Group,” said HIKKY CEO Yasushi Funakoshi. “We will continue to provide NTT DOCOMO with XR services, technologies, and content as per our strengths. We are extremely grateful to all the creators who have supported us, and to the visitors and companies who have taken part in Vket events.”

HIKKY’s product offerings involve its Vket Cloud VR engine, used to create metaverse content that is made available to users through a URL. The Vket Cloud platform also supports a multiplayer mode, wherein users can communicate using voice or text chat.

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