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"highlights": "Condense;; a self-described metaverse startup;; has raised $4.5 million for a streaming studio. 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The company is positioning itself as part of the broader \"metaverse\" trend — the idea that the next iteration of the internet will be a persistent virtual world. Condense uses a mix of cameras and software to capture an artist or celebrity and render them in 3D for in-game concerts or events. In-game concerts and events have grown in popularity in recent years as platforms such as Roblox have put digital versions of artists such as Lil Nas X and Twenty One Pilots in front of their audiences. Condense's sell is that these concerts have involved artists performing as avatars and in pre-recorded performances;; rather than a 3D live stream. The startup raised the funds in a round led by investors including LocalGlove;; 7percent Ventures and Deeptech Labs;; with additional backing from a number of angel investors including Monzo cofounder Tom Blomfield. According to Ziv Reichert;; partner at LocalGlobe;; Condense's technology offers a key means of connecting artists;; sports stars and creatives to platforms like Roblox;; Rec Room and Fortnite where \"hundreds of millions of people are hanging out.\" \"Player demand for live entertainment inside these virtual worlds has never been greater\";; he said. \"Condense has built the infrastructure to connect the two – now music artists;; sports stars and creatives can perform and play live in the metaverse.\" As part of the funding;; the startup launched its first studio for streaming live events having struck a partnership with Watershed;; an arts and cinema venue in Bristol. 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