BUD is an AI-powered 3D UGC platform that connects millions of virtual worlds created by 10+ million creators globally. Founded in 2019 by former Snap engineers, Risa Feng and Shawn Lin, Singapore-headquartered BUD has received multiple rounds of funding from global established investors including Sequoia Capital India, GGV Capital, ClearVue Partners, NetEase, Northern Light Venture Capital, Qiming Venture Partners, Source Code Capital and Sky9 Capital. The most recent $37.00M Series B investment came on 23 May 2022 from GGV Capital, Northern Light Venture Capital, Qiming Venture Partners, Source Code Capital, ClearVue Partners, NetEase, and Peak XV Partners. Since its global launch in November 2021, BUD has gained significant traction, becoming one of the top 10 social apps in more than 38 countries around the world, including North America, Southeast Asia, and South America. The platform has become a digital social hub where millions of people come to create, play, and hang out. With its impressive growth and backing from influential investors, BUD presents an attractive proposition for those interested in the next-generation Metaverse platform.
