Atlas Space has secured investment from DOMiNO Ventures to enhance its Metaverse services and expand its global market presence.

Information on the Target

Atlas Space is a pioneering startup specializing in 'Metaverse as a Service,' designed to facilitate realistic business and social interactions within its developed Metaverse universe. The platform addresses crucial challenges associated with remote work, including reduced social engagement and ineffective internal communications, problems that have become increasingly significant in the post-pandemic landscape. Equipped with integration capabilities for both virtual and augmented reality technologies, Atlas Space offers tailored solutions that cater to the specific needs of its clients. Furthermore, its proprietary blockchain network and tokenomics system provide a unique advantage through a distinct NFT marketplace, allowing users to engage with customizable three-dimensional avatars.

In just five months of operation, Atlas Space has expanded its reach to over 25 companies across six countries, demonstrating robust growth and adaptability in the global market. With a remarkable growth rate of 110% in the second quarter of 2022, the company is poised for further expansion, leveraging new investments to enhance its offerings and capabilities.

Industry Overview in the Target’s Specific Country

In Turkey, the technology landscape is evolving rapidly, particularly in the realms of digital transformation and emerging technologies. The Metaverse sector is still in its infancy but has garnered significant attention from investors and startups alike, as companies seek