Source: news.google.com
Daesung Private Equity, a Korean venture capital firm, has announced the launch of a 110 billion won ($83.5 million) metaverse fund. The fund, which will include the participation of the Korean state represented by Korea Venture Investment Corporation’s Korea Fund of Funds, aims to invest in businesses related to virtual reality (VR) and digital twins.
Daesung Private Equity to Launch Metaverse Fund
Korean venture capital firm Daesung Private Equity has decided to enter the metaverse investment arena. The company announced on November 30 the launch of a metaverse-focused fund, which would have 110 billion won (equivalent to $83.5 million) to invest.
The “Metaverse Scale-Up Fund,” which the company says is Korea’s largest private fund in the sector, will see the…
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