Participated · Series A · Apr 2022

Caduceus develops a metaverse protocol that combines decentralized rendering, edge computing and extended-reality technology to deliver high-level metaverse experiences. The company is building a suite of developer toolkits and hardware solutions to enable building, financing, and cross-chain portability of 3D worlds and digital assets between metaverses. Its protocol is described as decentralized, fully modular and open-access, with lower transaction costs, high speeds and greater security than other public blockchains. Led by co-founder Tim Bullman, Caduceus intends to use the newly raised funds to expand development of its decentralized rendering and edge cloud computing. The company is based in London and positions its stack to serve developers, creators and users seeking rich metaverse environments.