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Valued at $9B, Pokemon Go creator to build metaverse with fresh funding -Breaking

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Niantic, the developer of the popular augmented reality (AR) mobile game Pokemon Go, is planning to build a “real-world” metaverse with newly raised funding.

Officially, the company Annouced Monday the completion of a $300-million raise from the technology-focused investment manager Coatue, bringing the company’s valuation to $9 billion.