Web3-focused venture fund Born Ready, launched by the co-founders of AI and metaverse platform Futureverse, is teaming up with Catalyze Research to launch the Catalyze Futureverse Ecosystem Fund.
The US$10 million investment vehicle targets new Asia-Pacific businesses in the Web3, metaverse, AI, and content sectors. Selected companies will work together within the Futureverse ecosystem, which includes blockchain platform The Root Network. The partnership will “drive exponential growth” of The Root Network and create opportunities for startups in the region, especially those in South Korea, Born Ready wrote on X (previously Twitter). According to data from intelligence firm Research and Markets, the spending value in South Korea’s metaverse market is expected to reach US$43.4 million by 2030. Source: Tech in Asia
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