Taiwan's metaverse company XRSPACE announced that it has completed a new round of financing of US$25 million led by Foxconn. The funds will be used for the research and development of the next generation of 3D live broadcast and social experience.

Taiwan Metaverse company XRSPACE announced the completion of a new round of financing of US$25 million led by Foxconn, which will be used for the research and development of the next generation of 3D live broadcast and social experience. XRSPACE was founded in 2017 and provides a social Metaverse experience through its XRSPACE MANOVA, aiming to change the way people connect, work and play. Users must wear VR headsets to connect with each other through complementary applications PartyOn and GOXR