Metaverse fashion funding boom: the most notable investments in 2021-2022
The metaverse could represent a $1 trillion market by the end of the decade, CB Insights predicted. This makes the space a viable business opportunity with investors coming up to fund metaverse-related companies. Last year, more than $10 billion in venture funding went toward startups involved in the metaverse. As we’ve already seen, fashion is one of the first industries that has smart and effective use cases in the metaverse. The explosion of interest, from fashion consumers and companies alike, has garnered serious investor attention to metaverse fashion startups. Let’s have a look at the companies that have received recent funding rounds and their ambitions to revolutionize fashion.