BUD

Founded by two former Snap engineers Risa Feng and Shawn Lin in 2019, BUD lets users create bulbous 3D characters, cutesy virtual assets and richly colored experiences through drag-and-drop and without any coding background.

Series A Round $15M

Series B Round $37M

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What is BUD

The company declined to reveal its active user size but said its users have created over 15 million custom experiences i.e., virtual spaces with gameplay that others can join since the app launched in November. Virtual assets, including costumes and accessories that users design for characters, have changed hands more than 150 million times on BUD’s marketplace.

BUD is taking the user experience a step further with plans to introduce a marketplace for non-fungible tokens (NFTs).

Using our platform, everyone can produce the kind of content they want to create, even if they lack the professional skills to do so.” There isn’t even a financial barrier to entry, since the platform is entirely free to its users.