Lighthouse Raises $7M to Be the Search Engine of the Metaverse

The platform is looking to bring interoperability to an array of virtual worlds.

AccessTimeIconMay 12, 2022 at 11:30 a.m. UTC
Updated May 11, 2023 at 4:23 p.m. UTC

With a plethora of metaverses (and even a MetaMetaverse) emerging in recent months, there are now things to do in virtual worlds, but a clean, easy-to-use search tool for finding them remains elusive.

That's why Web 3 startup Lighthouse has raised a $7 million seed round to build out “the search engine of the open metaverse.”

  • What Will The Metaverse Look Like in the Future?
    16:36
    What Will The Metaverse Look Like in the Future?
  • The Sandbox Wants to Make India Its Largest Market Within the Next Two Years
    01:22
    The Sandbox Wants to Make India Its Largest Market Within the Next Two Years
  • Sam Bankman-Fried Says He Made 'Mistakes' at FTX; Binance CEO CZ's Fortune Revealed
    02:33
    Sam Bankman-Fried Says He Made 'Mistakes' at FTX; Binance CEO CZ's Fortune Revealed
  • Decentraland Foundation Exec on Future of AI in the Metaverse
    05:42
    Decentraland Foundation Exec on Future of AI in the Metaverse
  • The round was led by co-led by Accel, BlockTower and Animoca Brands and included participation from White Star Capital, Sparkle Ventures and Gemini Frontier Fund, among others.

    The company plans to use the funding to grow its team, targeting this summer for its public launch, according to a press release.

    Lighthouse allows users to search through a database of all the active events going on in metaverse games like Decentraland and The Sandbox, while also being able to search for where users themselves are in these virtual worlds.

    The company’s vision is in line with conceptions of the metaverse that date back to the summer of 2021, when the metaverse was envisioned more as one large, interoperable landscape rather than pockets of closed ecosystems.

    Because much of the data for these ecosystems isn’t publicly available on-chain, the platforms themselves have to partner with Lighthouse to be searchable in its database.

    Lighthouse says it’s unsure if every closed metaverse will open itself up to its search engine, but backing by firms like Animoca Brands suggests some projects are already on board.

    “The closed ecosystem narrative is something that’s not super aligned with the value of Web 3,” Jonathan Brun, co-founder of Lighthouse, told CoinDesk in an interview. “So far, in every single conversation that we’ve had, we’ve been warmly received by players who see our platform as a tool that can help their ecosystems.”

    Disclosure

    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

    Eli Tan

    Eli was a news reporter for CoinDesk. He holds ETH, SOL and AVAX.