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INDUSTRY FIRST

Creator-First Ugc Metaverse Yahaha, Raises Usd 40M In Series A+ Funding Round To Launch The Platform To Exciting New Heights

Nov 15, 2022•almost 3 years ago

Amount Raised

$40 Million

Round Type

series a

HelsinkiGaming

Description

YAHAHA Studios (‘YAHAHA’) the community focussed user-generated content (UGC) metaverse, has today announced it has secured a Series A+ investment of USD 40M, as it prepares to take its platform to the next level. The new funding round was led by Temasek and Alibaba and includes investment from 37 Interactive Entertainment. The raise will be used to further grow the YAHAHA product, community, headcount and ecosystem. Since launching Early Alpha in April 2022, YAHAHA has seen over 100,000 creators flock to its platform on PC and macOS, with hundreds of thousands of players enjoying its UGC games on the mobile app.

Company Information

Company

Yahaha Studios

Location

Helsinki, Uusimaa, Finland

About

The company has a dual headquarters in Helsinki and Shanghai. The platform aims to democratize 3D content creation, helping creatives of all skill levels to make their own games, worlds and social spaces. The company had three previous funding rounds and now it is closing a big one. The company has already released a product and half of its users are developers. Yahaha has no-code tools that make creating a game as easy as drag and drop, as well as extensive, easy-to-use, tutorials, the company said. The company enabled monetization on the platform by opening an asset marketplace where players can sell things that they create. The company is working on Web3 technology in addition to its Web2 tech. Yahaha already has a community of over 100,000 developers and 200,000 registered users for its platform. Yahaha was founded in October 2020 by a talented group of Unity veterans Chris Zhu (CEO), Pengfei Zhang (COO) and Hao Min (CTO). Yahaha has over 170 employees with offices in Helsinki, Seoul and Shanghai. Yahaha has plans to collaborate with brands to bring new IPs into its metaverse.

Company News

(10 articles)

Mon, 26 May 2025 07:00:00 GMT

Is the Yamaha NS-10 Still Relevant in Modern Music Production? - Gearnews.com

Wed, 26 Feb 2025 08:00:00 GMT

New from Rough Crafts: A Yamaha Ténéré 700 flat tracker with YZ style - Bike EXIF

Sun, 12 Jan 2025 08:00:00 GMT

Yamaha to Present Exclusive Performances and Custom Pianos at The NAMM Show 2025 - YamahaMusicians.com

Thu, 13 Jan 2022 08:00:00 GMT

Yahaha Studios, a platform for building no-code, immersive games, raised $50M in 3 rounds ahead of its launch this year - TechCrunch

Wed, 26 Mar 2025 07:00:00 GMT

Best studio monitors 2025: Studio speakers for musicians and producers on any budget - MusicRadar

Tue, 01 Oct 2024 07:00:00 GMT

Check The Yamaha R9’s Juicy Details Straight From The Official Teaser - Top Speed

Mon, 14 Nov 2022 08:00:00 GMT

Creator-first UGC Metaverse YAHAHA, Raises USD 40M in Series A+ Funding Round to Launch the Platform to Exciting New Heights - Business Wire

Fri, 14 Apr 2023 07:00:00 GMT

AI content generator from YAHAHA Studios steals the show at GDC - App Developer Magazine

Thu, 13 Jan 2022 08:00:00 GMT

It’s no laughing matter: Yahaha Studios raises $50 million, aims to launch no-code metaverse - Tech.eu

Fri, 04 Apr 2025 07:00:00 GMT

Aphex Twin’s Yamaha GX-1 For Sale - Gearnews.com

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