Reitio,vintage eroticism a middleware protocol for the open Metaverse, has announced a $4 million funding round to launch Reigate, the world’s first web3-native 3D CAD (computer-aided design) dApp.
This will equip non-technical users with the ability to create their own 3D assets. The fresh capital injection will be utilized to ramp up product development and marketing efforts ahead of Reigate’s official reveal and Reitio’s TGE scheduled for the end of Q3 2022.
The project has gained backing from Moonwhale Ventures, one of the most established web3 venture capital funds who was also an early investor in Illuvium.
Another notable investor is Poolz Ventures, which has recently invested in the hack-mitigation protocol Lossless as well as the Solana-based AAA game Sidus Heroes.