Metaverse

Com2verse attracts investment of $9.4 million from strategic partners

Han-Gyeol Seon

Jan 04, 2023 (Gmt+09:00)

Metaverse platform of Com2verse

Com2verse, Com2uS Corp.'s metaverse subsidiary said on Tuesday that it has secured a strategic investment of 4 billion won ($3.1 million) each from Hana Financial Group, Kyobo Book, and Kyowon Group.

At the time of its establishment in April last year, Com2verse secured a total of 15 billion won in initial funding from Com2uS and its subsidiaries WYSIWYG Studios Co. and NP. In August of last year, it received an investment of 4 billion won from SK Networks.

Com2verse plans to build a metaverse business partnership ecosystem with investors. With Hana Financial Group, it will promote metaverse financial businesses such as "Metaverse Banking," which handles banking operations on the metaverse.

In collaboration with Kyobo Book, virtual world-based cultural content spaces such as metaverse bookstores and author-participating communities will be created. Kyowon Group is promoting collaborations to provide various education and culture programs in the virtual world.

"The fact that we have successfully attracted investment even during the recent recession is based on the strength of our company being highly evaluated for its business vision and competitiveness. We will promote open collaboration with many companies in wide industries," said Lee Gyeong-il, CEO of Com2verse.

Write to Han-Gyeol Seon at always@hankyung.com

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