About Somnium Space
Somnium Space is a company based in Prague (Czechia) founded in 2017 by Artur Sychov.. Somnium Space has raised $1.12 million across 3 funding rounds. Somnium Space operates in a competitive market with competitors including Sorare, The Sandbox, IMVU, Immutable and ZEPETO, among others.
- Headquarter Prague, Czechia
- Founders Artur Sychov
- Stage Minicorn
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Sectors
Financial ServicesMedia & Entertainment Technology
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Email
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Phone
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Website
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Social
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- Legal Name Somnium Space Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.12 M (USD)
in 3 rounds
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Latest Funding Round
$59.59 K (USD), Seed
Mar 12, 2021
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Investors
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Employee Count
Employee Count
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Funding Insights of Somnium Space
Somnium Space has successfully raised a total of $1.12M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $59.59 thousand completed in March 2021. 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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Seed — $59,593
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First Round
First Round
(02 Mar 2019)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2021 | Amount | Seed - Somnium Space | Valuation |
investors |
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| May, 2019 | Amount | Seed - Somnium Space | Valuation |
investors |
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| Mar, 2019 | Amount | Seed - Somnium Space | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Somnium Space
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Somnium Space
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Somnium Space Comparisons
Competitors of Somnium Space
Somnium Space 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 Sorare, The Sandbox, IMVU, Immutable and ZEPETO, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Blockchain-based fantasy sports marketplace is provided for multiple sports.
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| domain | founded_year | HQ Location |
NFT-based virtual metaverse is developed for user-owned experiences.
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| domain | founded_year | HQ Location |
Provider of an online 3D avatar-based social network
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| domain | founded_year | HQ Location |
Blockchain infrastructure for NFT games and applications is developed.
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| domain | founded_year | HQ Location |
Metaverse social platform offering 3D character creation
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| domain | founded_year | HQ Location |
Metaverse platforms and VR devices are developed for immersive interactions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Somnium Space
Frequently Asked Questions about Somnium Space
When was Somnium Space founded?
Somnium Space was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Somnium Space located?
Somnium Space is headquartered in Prague, Czechia.
Who is the current CEO of Somnium Space?
Artur Sychov is the current CEO of Somnium Space. They have also founded this company.
Is Somnium Space a funded company?
Somnium Space is a funded company, having raised a total of $1.12M across 3 funding rounds to date. The company's 1st funding round was a Seed of $60K, raised on Mar 02, 2019.
What does Somnium Space do?
Somnium Space was founded in 2017 in Prague, Czech Republic. A metaverse platform is operated, including an online marketplace for NFT-based in-game assets. A VR game for PC devices has been developed by the company and made available on Steam. Operations focus on virtual reality experiences and digital asset trading within the gaming sector.
Who are the top competitors of Somnium Space?
Somnium Space's top competitors include Sorare, The Sandbox and Immutable.
What is Somnium Space's valuation?
The valuation of Somnium Space is $2.94M as of Mar 2021.