BUD Technologies

Wilmington, United States Founded: 2021 • Age: 5 yrs
Provider of a mobile-first virtual platform to create and share 3D experiences
Annual revenue - Latest available
Total funding $51.8M 2 rounds
Employees - Tracked headcount
Investors 8 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About BUD Technologies

BUD Technologies is a company based in Wilmington (United States) founded in 2021. BUD Technologies has raised $51.8 million across 2 funding rounds from investors including NetEase Games, Peak XV Partners and Qiming Venture Partners. BUD Technologies operates in a competitive market with competitors including IMVU, Meta, ZEPETO, Yuga Labs and VRChat, among others.

  • Headquarter Wilmington, United States
  • Sectors
    Media & Entertainment
    Technology
  • Email
    Locked
  • Phone
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  • Website
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Operational Areas
Media & Entertainment → Gaming & Interactive Entertainment Unlock Sub-Sector Unlock Segment
Technology → Extended, Virtual & Augmented Reality Unlock Sub-Sector Unlock Segment
Media & Entertainment → Gaming & Interactive Entertainment Unlock Sub-Sector Unlock Segment
Media & Entertainment → Creator Economy & Social Platforms Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $51.8 M (USD)

    in 2 rounds

  • Latest Funding Round
    $36.8 M (USD), Series B

    May 22, 2022

  • Investors
  • Employee Count
    Not available
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Funding Insights of BUD Technologies

BUD Technologies has successfully raised a total of $51.8M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $36.8 million completed in May 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in BUD Technologies

BUD Technologies has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include NetEase Games, Peak XV Partners and Qiming Venture Partners.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity firm focused on multiple sectors
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Provider of early stage venture capital focused on technology companies
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investor details for BUD Technologies

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Investments & Acquisitions by BUD Technologies

Investments
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Investment portfolio details for BUD Technologies

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Financial Statements - BUD Technologies

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Detailed financials for BUD Technologies

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Bud Technologies Comparisons

BUD Technologies Primary company
Description
Provider of a mobile-first virtual platform to create and sh...
Location
Wilmington, United States
Founded Year
2021
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for BUD Technologies

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Competitors of BUD Technologies

BUD Technologies operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as IMVU, Meta, ZEPETO, Yuga Labs and VRChat, among others.

Company Name Domain Founded year HQ Location Description
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Provider of an online 3D avatar-based social network
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Metaverse platforms and VR devices are developed for immersive interactions.
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Metaverse social platform offering 3D character creation
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A marketplace for games, NFTs, and digital collectibles is operated.
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Provider of a VR-based social platform
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Provider of a metaverse development platform
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Detailed competitors of BUD Technologies

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Latest news on Bud Technologies

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Complete news archive for BUD Technologies

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Frequently Asked Questions about BUD Technologies

BUD Technologies was founded in 2021 and raised its 1st funding round 1 year after it was founded.

BUD Technologies is headquartered in Wilmington, United States. It is registered at Wilmington, Delaware, United States.

BUD Technologies is a funded company, having raised a total of $51.8M across 2 funding rounds to date.

BUD Technologies was founded in 2021 and is headquartered in Wilmington, United States. A mobile-first virtual platform is offered in the 3D technology sector, allowing users to create and share 3D characters and scenes through a dedicated app. Collaboration among users is facilitated, along with access to a user community and options for custom 3D avatars. Operations focus on enabling interactive virtual experiences across mobile devices.

BUD Technologies's top competitors include ZEPETO, Yuga Labs and IMVU.

BUD Technologies has 8 investors. Key investors include NetEase Games, Peak XV Partners, Qiming Venture Partners, ClearVue Partners, and NLVC.

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