TechFlow reports that Mirror World, the first one-stop Web3 application development platform, has announced it has secured a Pre-A round strategic investment from Alchemy Ventures.
Alchemy is a blockchain infrastructure and developer tools provider that currently supports hundreds of enterprises and projects, including Augur, 0x, CryptoKitties, Kyber, and the Opera browser. Alchemy Ventures is its investment arm, and the funding from this round will primarily accelerate Mirror World's product and technological advancement.
Previously, Mirror World raised a seed round from prominent institutions including Galaxy Interactive, Republic Crypto, YGG SEA, OKX Ventures, LD Capital, Sky9 Capital, and B1V.
Chris Zhu, CEO of Mirror World, stated that most current Web3 applications suffer from low purchase conversion rates and inefficient development pipelines. Mirror World aims to build a conversion engine for blockchain applications, helping more clients overcome these challenges. He added that with Alchemy’s strategic investment, the product will be able to iterate faster and empower more Web3 games and applications.
Mirror World has already initiated its next financing round and expects to complete a new Series A round shortly.
