The company uses cutting-edge computer vision, machine learning and proprietary streaming infrastructure to capture and embed live 3D video (Video 3.0) into any metaverse game, mobile app or platform created with Unity or Unreal Engine. In addition to the funding announcement, the company has also opened the world’s first metaverse studio in partnership with Watershed – Bristol’s cultural cinema and creative technology venue - to give established artists and emerging talent access to the technology. Full SizeSmallPreviewThumbnailVocalist and producer Grove performs live in the metaverse using Condense (Photo: Business Wire)Vocalist and producer Grove performs live in the metaverse using Condense (Photo: Business Wire)Full SizeSmallPreviewThumbnailCondense CEO and Co-founder Nick Fellingham (Photo: Business Wire)Full SizeSmallPreviewThumbnailCondense co-founders (L-R: Dan Fairs, Oliver Feroze, Nick Fellingham, Andy Littledale) (Photo: Business Wire)Full SizeSmallPreviewThumbnailCondense's "Video 3.0" live stream capture rig - so compact it fits into a car (Photo: Business Wire)Full SizeSmallPreviewThumbnailVocalist and producer Grove performs the track "Bloodsucka" live in the metaverse with CondenseMPEG-4 VideoFull SizeSmallPreviewThumbnailJuly 28, 2022 03:00 AM Eastern Daylight TimeBRISTOL, England--(BUSINESS WIRE)--Condense – the world’s first company to deliver the power, connection and immersiveness of live, real-world events into the metaverse – has raised a $4.5 million round led by LocalGlobe, 7percent Ventures and Deeptech Labs, alongside angels including a platinum-selling grime artist, former England footballer and sports presenter, Tom Blomfield (Monzo), renowned music manager Grace Ladoja MBE and Ian Hogarth (Song Kick). Condense has the deeptech experience and vision to make the metaverse the number one destination for live events.” Founded in Bristol in 2019, Condense is the only company in the world with the end-to-end capture and streaming technology to live stream real-world events like music and sports events into 3D applications. Video 3.0 is going to change not just how we experience live events online, but fundamentally how we engage with each other.”Editor’s NotesAbout CondenseCondense is the only company in the world to stream real-world live events into the metaverse.