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Withers tech advises as Molten Ventures leads $30 million Series A in deep tech start up Hadean

10 October 2022

The Withers tech team has advised long-standing client and leading European venture capital fund Molten Ventures as lead investor in Hadean’s $30 million Series A funding round, with participation from Epic Games, 2050 Capital, Alumni Ventures, Aster Capital, Entrepreneur First and InQTel.

Hadean is a deep tech start up based in the UK. Founded in 2015, Hadean is reimagining distributed, spatial and scalable computing for web 3.0 and the metaverse. The distributed cloud platform enables scalability, security, and interoperability, driving the metaverse and digital immersive experiences for enterprise, commercial, gaming and government customers. To date, Hadean has worked with organisations such as Microsoft, Minecraft, Epic Games, Sony, Gamescoin, Pilxelynx, Francis Crick, CAE, BAE and Thales.

London partner, Iain Cockburn comments: “We are thrilled to have supported Molten Ventures on another fantastic investment into a very exciting UK deep tech company based here in London, further demonstrating the continued strength of the UK’s essential technology sector.”

Withers tech is the technology, life sciences and venture capital focused team at international law firm Withers. The Withers tech team was led by Iain Cockburn.

This document (and any information accessed through links in this document) is provided for information purposes only and does not constitute legal advice. Professional legal advice should be obtained before taking or refraining from any action as a result of the contents of this document.

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