• TONOMUS Venture Studio is building a portfolio of companies to foster entrepreneurship and develop cognitive technology

• The Metaverse New Venture Competition is the first in a series of competitions to be added to Studio’s portfolio of global ventures.

LAS VEGAS, January 5, 2023 /PRNewswire/ — TONOMUS Venture Studio launched today with the announcement of a new metaverse-focused venture competition. The Studio is the venture creation and investment engine of TONOMUS, the first subsidiary of NEOM and a multinational cognitive conglomerate that powers the world’s first ecosystem of cognitive technologies. TONOMUS Venture Studio is tasked with creating a portfolio of companies using Silicon Valley-influenced methodology and guidance. It will also create global talent…