<p>Pokemon GO game developer Niantic has raised $300 million from global investment manager Coatue at a valuation of $9 billion.</p>.<p>Niantic said it will use the funds to invest in current games and new apps, expand the Lightship developer platform, and build out its vision for the Real-World Metaverse.</p>.<p>"We're building a future where the real world is overlaid with digital creations, entertainment and information, making it more magical, fun and informative," said John Hanke, Niantic's Founder and CEO.</p>.<p>Earlier this month, Niantic launched the Lightship platform, enabling developers across the world to realise their visions for augmented reality and the Real-World Metaverse.</p>.<p>The Lightship Platform is the foundation for Niantic's own products, built on years of experience developing and running titles such as Ingress Prime and Pokemon GO.</p>.<p>"Niantic is building a platform for AR based on a 3D map of the world that we believe will play a critical role in the next transition in computing," said Matt Mazzeo, a General Partner at Coatue.</p>.<p>Tens of millions of people play Niantic's games each month, including Pokemon GO and Ingress.</p>.<p>"Over the years, our players have walked more than 17.5 billion kms (10.9 billion miles)," said the company.</p>.<p>Last month, Niantic and Nintendo launched Pikmin Bloom, a smartphone app designed to bring a little joy to everyday journeys on foot.</p>
<p>Pokemon GO game developer Niantic has raised $300 million from global investment manager Coatue at a valuation of $9 billion.</p>.<p>Niantic said it will use the funds to invest in current games and new apps, expand the Lightship developer platform, and build out its vision for the Real-World Metaverse.</p>.<p>"We're building a future where the real world is overlaid with digital creations, entertainment and information, making it more magical, fun and informative," said John Hanke, Niantic's Founder and CEO.</p>.<p>Earlier this month, Niantic launched the Lightship platform, enabling developers across the world to realise their visions for augmented reality and the Real-World Metaverse.</p>.<p>The Lightship Platform is the foundation for Niantic's own products, built on years of experience developing and running titles such as Ingress Prime and Pokemon GO.</p>.<p>"Niantic is building a platform for AR based on a 3D map of the world that we believe will play a critical role in the next transition in computing," said Matt Mazzeo, a General Partner at Coatue.</p>.<p>Tens of millions of people play Niantic's games each month, including Pokemon GO and Ingress.</p>.<p>"Over the years, our players have walked more than 17.5 billion kms (10.9 billion miles)," said the company.</p>.<p>Last month, Niantic and Nintendo launched Pikmin Bloom, a smartphone app designed to bring a little joy to everyday journeys on foot.</p>