Home / Business / Hadean completes $10 million funding round

Hadean completes $10 million funding round

London tech firm Hadean has announced it has completed a $10 million round of financing.

The investment round, led by Draper Esprit, secured Aster and specialist gaming investor London Venture Partners, as well as existing investors Luminous Ventures and Entrepreneur First.

Hadean – which says it has built the world’s first cloud-first operation system, HadeanOS, as well as distributed simulation engine, Aether Engine (which will be powered by Microsoft Azure) – believes it "has completely redesigned the technology stack, allowing software engineers to write, ship and scale their applications at any size without worrying about clunky layers of middleware, high rates of failure or resource strain".

"Technology companies today are hampered by their ability to scale their platforms to meet demand and exploit data," said Craig Beddis, Hadean’s Co-Founder and CEO. "Our technology, which was derived from first principles, eliminates the significant manpower and time wasted on engineering and DevOps. I am excited to have an investor of the calibre of Draper Esprit on board, with its proven track record in deep tech investment leading this round.’"

"New technologies to enable developers to build applications that can scale in the cloud are sorely needed," said Simon Cook, CEO Draper Esprit. "As technology advances in areas such as AI, blockchain and simulation, the complexity of the current software stack will only trip us up. Hadean have ripped up the rule book and redesigned the architecture from scratch. Their technology has been developed by world-class engineers and we are delighted to be partnering alongside Craig, Rashid and the rest of the team."

Hadean is also running a 10,000 player sci-fi battle royale clash, Aether Wars with Eve Online dev, CCP Games. The firm is staging the battle in order to perform the record-breaking stress test of its Aether Engine and showcase "the versatility" of its distributed simulation engine. The 10,000 players will face off in a single space battle and as is customary with battle royale matches, the winner will be the last player standing. The technical test kicks off at GDC 2019.

"The space showdown will showcase Aether Engine’s ability to handle a record-breaking number of players, breathing new life into the popular battle royale genre and opening up fresh gameplay possibilities for creative developers," states Hadean.

About Vikki Blake

It took 15 years of civil service monotony for Vikki to crack and switch to writing about games. She has since become an experienced reporter and critic working with a number of specialist and mainstream outlets in both the UK and beyond.

Check Also

“I thought we were going to go out of business” – Sean Krankel on the development of Oxenfree

We take a look behind the scenes of Night School’s narrative adventure Oxenfree