GAV Projects Raises over €200,000 in 24 Hours on Mamacrowd

Just hours after opening, the equity crowdfunding campaign of GAV Projects, an SME specializing in immersive reality and metaverse, has already raised over €300,000 in investment.

The round unveiled on Mamacrowd, had a minimum goal of 200,000, reached within hours of launch, for a pre-money valuation of 1.5 million. And now it is aiming for the maximum goal of €500,000.

The funds raised will be used to develop the platform and implement all the activities necessary for a successful launch of the service.

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A new concept of the Metaverse: the “Miniverse”

Last year, GAV Projects introduced Miniverse, immersive websites that combine the strengths of traditional websites with the strengths of the metaverse.

Now, GAV is launching the idea of Miniverse, a no-code platform that will allow anyone to generate their own miniverse and transform their website, blog, or eCommerce into an immersive, immersive environment.

The miniverse is the evolution of the classic website: an immersive digital space that can be used through a customizable avatar and accessed through a viewer, pc, or mobile.

The economic effect of the metaverse in Italy could touch between 28 and 52 billion euros by 2035. These figures were released by Meta with research commissioned from Deloitte, entitled “The Metaverse and the possibilities for the European Union.”

Then just in recent weeks is the news of the unveiling of Vision Pro, Apple’s first mixed reality visor, a sign that there is a growing belief in these technologies.

Who GAV Projects is

Founded by Antonio Monaco and incubated by 012 Factory, GAV Projects in 2022 reached a turnover of 278 thousand euros by doubling the number of members of its team.

It is developing custom mini-verses for Toilet Paper, Maurizio Cattelan’s art-centric metaverse, and is helping to bring innovation to corporations, handling the creation of a mini-verse in collaboration with EY.

Innovation for GAV is also in the service of education: in fact, a collaboration has been launched with the University of Naples Federico II to design the first advanced metaverse measurement lab. Students can practice remotely steering laboratory equipment with faculty supervision.

“I am incredibly excited that in just one day after starting our fundraising campaign, we were able to reach the minimum goal to develop our metaverse generator. – says Antonio Monaco, CEO and founder. “GAV Projects strongly believes that immersive solutions are a game changer. With Miniverz we are opening new doors to a totally immersive and revolutionary dimension of websites: we are convinced that the future is intrinsically linked to the integration of metaverses into our daily lives, offering extraordinary experiences and unprecedented opportunities.”

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(Featured image by Pexels via Pixabay)

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