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Kaleidoco, an augmented reality and Web3 company, has raised a new $7 million round of funding from the blockchain gaming community.
The company just launched the Particle Ink Metaverse at the opening of its TED2022 event, and they also have a live AR installation in Las Vegas.
The founders are Jennifer Toft and Cassandra Rosenthal, both film industry veterans with decades of experience.
“When Cassandra and I discovered the LightPoet installation in 2017, we immediately knew it was something we wanted to incorporate into our future Transmedia property. The richness of the characters, the art and their passion, along with Kaleidoco co-founder and CEO Jennifer Toft, said in a statement. The seamless and invisible application of technology, it was unlike anything we had seen before.” “We were immediately drawn into this world, not only for its creativity and beauty, but also for its focused and flawless application of technology.”
Kaleidoco describes itself as a Web3 entertainment technology company whose authentic augmented reality experiences enhance human communication. His original mixed reality streak, Particle Ink, was set in the 2.5 dimension. Utilizing the Kaleidoco AR Tech platform, Particle Ink Metaverse encapsulates a file
Try GameFi as another portal to Dimension 2.5 ○ Defining Dimension 2.5: The Narrative Framework of the Particle Ink Metaverse. It’s the middle between the 2D world of comics and the 3D world we live in.
Investors include big names in blockchain and gaming such as Animoca Brands, GameFi Ventures, Gemini, Jane Street, Adit Ventures, Merit Circle, Nexo, HexTrust, SuperChain Capital and TSG (Seelig Group).
The funding will be used to accelerate growth and recruit key and strategic candidates as Kaleidoco continues to develop and market products.
The founders have decades of experience in entertainment and intellectual property creation (eg Sundance Lab and CAA graduates, projects with Paramount, Amblin, etc.)
At TED2022, the presentation showcased Kaleidoco’s unprecedented patent-pending multi-viewer augmented reality technology that enabled nearly 1,400 people to watch simultaneously
Experience augmented reality, projection mapping, and live performance through synchronized tablets. The experience was also broadcast live around the world.
Kaleidoco recently opened its first live gateway to the 2.5 dimension, Particle Ink: The Speed of Dark, in the Arts District in Las Vegas, with a trial open Wednesday through Sunday at 7 and 9 p.m. For tickets and more information, visit www.particleink.com.
Kaleidoco will expand the Particle Ink Metaverse with the release of its first AR NFT array later this year, and GameFi’s trial will follow using its patented Augmented Unification technology. Kaleidoco plans to make its AR Tech platform available to other developers next year.
Particle ink portals exist in multiple media, both on and off the web 3. The diversity of access points and support experiences allow us to have a broad demographic. Kaleidoco’s core team consists of nine people. It was founded in 2018 after Tuft and Cassandra Rosenthal witnessed a remarkable and transformative installation by LightPoets at the Sundance Film Festival 2017. The revitalization has been created by their now founding partners.
After co-founding Kaleidoco with The LightPoets in 2018, the company expanded on its own technology and launched the Particle Ink Metaverse at the opening of TED2022.
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