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Metacostem social platform BUD announced the completion of a $15 million Series A+ round of financing

On February 14, the meta-universe social platform BUD announced the completion of a $15 million A+ round of financing. This round of financing is led by Qiming Venture Capital, and the old shareholders Source Code Capital, GGV Jiyuan Capital and Yunjiu Capital are over-invested. It is understood that this round of funds will be mainly used for overseas business research and development and growth.

Shawn, co-founder of BUD, said: "In the future, a global center will be set up in Singapore, and there will be local operations teams and development teams in the core areas of globalization. ”

Founded in 2019, BUD's founding team comes from Silicon Valley social platform companies such as Snapchat and Facebook, and the company currently employs nearly 100 people, and is expected to expand to 200 people in 2022.

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