Hypersonic Laboratories, the innovative company behind the metaverse platform HELIX, has successfully completed a $7 million Series A funding round. This significant investment was led by Play Ventures, with notable participation from AppWorks, WTIC, KB Investment, and Alex Ekvall. The newly acquired funds will be utilized for the further development of Helix, a cutting-edge metaverse platform.

The funding round marks a significant milestone for Hypersonic Laboratories, as it prepares to launch a closed alpha version of Helix later this year. This version will focus on facilitating the creation of role-playing game mods and servers, further solidifying Helix's position as a leading metaverse platform.

In a previous development, Hypersonic Laboratories completed a $3.5 million Pre-Seed funding round in 2022. This round was also led by Play Ventures, with participation from Samsung Next, GSR, Third Kind, Alex Chung, the founder of Giphy, and Scott Belsky, the founder of Behance. This early investment demonstrated the confidence of investors in Hypersonic Laboratories' vision for the metaverse.

The completion of the Series A funding round underscores the growing interest in the metaverse and its potential to revolutionize the way we interact with each other and the world around us. With its cutting-edge technology and innovative approach, Helix is poised to play a significant role in shaping the future of the metaverse.

In conclusion, Hypersonic Laboratories' $7 million Series A funding round is a significant development in the metaverse space. The company's commitment to further developing Helix, combined with the support of prominent investors, positions Helix as a leading platform for the creation of role-playing game mods and servers. As the metaverse continues to evolve, Helix is well-positioned to play a key role in shaping its future.