Thirdverse is an XR game studio that plans, develops, sells, and operates XR games for global markets. The company states a vision of creating a new virtual world used by one billion people and has offices in Tokyo and San Francisco. Thirdverse was founded on May 1, 2023, and is headquartered in Nakano, Tokyo. It recently announced a social VR title with Sanrio, "Hello Kitty Skyland," and plans further large Japanese IP social VR expansions. The studio intends to leverage industry networks and celebrity and Hollywood collaborations as part of its international push. The company completed a ¥200 million financing to support these product and IP expansion plans. Thirdverse develops multiplayer VR games and is focused on combining virtual reality with blockchain technologies. The company aims to build a virtual reality world where anyone can create online communities. Its notable titles include Swords of Gargantua and Frostpoint VR: Proving Grounds. Thirdverse concentrates on the production and development of VR game content and multiplayer experiences. Recently the company secured outside capital through a strategic investment. The funding underscores ongoing efforts to expand its VR and blockchain ambitions. Thirdverse is a VR game developer focused on multiplayer experiences and the production of VR titles. The company aims to combine virtual reality with blockchain and to build a virtual reality world where anyone can create online communities. Thirdverse is dedicated to the creation and development of VR games and experiences. Its notable titles include Swords of Gargantua and Frostpoint VR: Proving Grounds. The company recently completed new financing to support its continued development and product roadmap. No operating metrics or founding year were disclosed in the article. Thirdverse develops virtual reality games, including Swords of Gargantua, and is building multiplayer VR experiences that integrate gaming, blockchain and NFTs. The company employs about 60 people and is focused on creating a ‘‘third place’’ in the metaverse where players can socialize and play. It has two VR titles in development and plans to use recent funding to bring those games to market. Thirdverse emphasizes NFTs and blockchain as ways to enable in-game economies and cross-game ownership of digital items. The company has seen renewed traction since the launch of lower-cost wireless headsets such as Oculus Quest 2, which boosted sales of Swords of Gargantua. Leadership is being reinforced by Hironao Kunimitsu, who recently left Gumi to lead Thirdverse full time and accelerate its metaverse strategy. Thirdverse is a Tokyo-based studio building multiplayer virtual reality games, best known for Swords of Gargantua. The company relaunched as Thirdverse in June after starting four years earlier as Yomuneco, aligning around a mission to build a “Third Place inside the Metaverse.” Its current product focus is multiplayer VR games, while its longer-term plan is to combine VR with blockchain to create VR worlds and online communities. Thirdverse has seen sales and active users increase since late March, with most current users located in America and many using Oculus Quest headsets. The company is preparing to release Frostpoint VR: Proving Grounds, a multiplayer shooter due later this year for Oculus Rift, HTC Vive and Valve Index. Funding will be used for hiring, according to co-founder Masaru Ohnogi.

Total raised

$41M

Funding rounds

5

Latest round

Equity

Latest activity

Sep 2025