YAHAHA

YAHAHA is a metaverse UGC platform founded in 2020 by Chris, a former Unity executive, alongside a core team of Unity veterans . The company builds a no-code, 3D interactive content creation tool that lets users drag-and-drop to make games, worlds, and social spaces without programming, then publish directly to its platform . It positions itself as combining platform and engine strengths toward a more multiverse-oriented vision than Roblox or Unity .

The company has raised substantial funding across multiple rounds: its A1 through A3 rounds in 2021, led respectively by 5Y Capital, Gaorong Capital, and Coatue, were followed by a $40 million Series A+ in November 2022 co-led by Temasek and Alibaba, with 37 Interactive Entertainment participating . 5Y Capital has backed YAHAHA from the earliest stage through consecutive rounds . As of late 2022, the company had accumulated nearly $100 million in total financing, a team of roughly 200, and offices in Shanghai, Finland, and Seoul, with plans to expand to North America and Asia-Pacific . Its Alpha test version launched in April 2022 had attracted over 100,000 registered users by October that year .