Com2uS Metabus Attracts $9.5 Million Investment To Join The Metaverse

Key Points:

Com2Verse, a metaverse subsidiary of South Korean game developer Com2uS, announced that it had received 4 billion won in strategic investments from Hana Financial Group, Kyobo Book Center, and Kyowon Group, totaling 12 billion won.

So far, Com2Verse has raised an initial capital of 15 billion won from Com2uS, WYSIWYG Studios, etc.

Through this strategic investment, Com2Verse will conduct technical exchanges with these companies.

Com2Verse, a metaverse subsidiary of South Korean game developer Com2uS, announced on the 3rd that it had attracted strategic investments of 4 billion won each from Hana Financial Group, Kyobo Book Center, and Kyowon Group.

According to Decenter, Com2Verse received 4 billion won in strategic investments from Hana Financial Group, Kyobo Book Center (a large chain bookstore in Korea), and Kyowon Group, totaling 12 billion won (about $9.5 million).

So far, the company raised an initial capital of 15 billion won (approximately $11.85 million) from Com2uS, WYSIWYG Studios, etc., when it was established and obtained an additional 16 billion won (approximately $12.64 million) by attracting external investment.

Lee Gyeong–il, CEO of Com2Bus, said:

“I believe that this kind of investment attraction during the recent investment slump is the result of the business vision and competitiveness presented by Com2Bus being recognized.”

Through this strategic investment, the metaverse subsidiary will conduct technical exchanges with Hana Financial Group on metaverse bank and metaverse financial business, provide Kyobo Book Center with a metaverse bookstore and writer community, and cooperate with Kyowon Group on metaverse education, culture, etc. Service cooperation, and at the same time, promote the establishment of a metaverse office by multiple partner companies.

Previously, SK Telecom (SKT), a South Korean telecom behemoth, launched its metaverse platform Metaverse Ifland in 49 countries across North America, Europe, the Middle East, and Asia. SKT has announced an agreement with NTT Docomo, Japan‘s largest mobile phone operator, to co-develop content, technology, and services for the metaverse platform.

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Harold

Coincu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.