According to ChainCatcher news, XRSPACE, a Taiwan-based Yuan Universe company, announced the completion of a new round of financing of US$25 million, with Foxconn leading the investment. The company will use the new funds to develop next-generation 3D live streaming and social experiences.

Founded in 2017, XRSPACE mainly provides a social metaverse experience through its platform "XRSPACE MANOVA", aiming to change the way people connect, work and entertain. Users must wear virtual reality headsets to connect with each other through complementary applications PartyOn and GOXR . (Source link)