Announcement of selection of management company for “Virtual Convergence World Fund (Metaverse Fund)” (3.24)

A total of 400 billion won or more will be invested in promising companies in the virtual convergence world (metaverse) that are expanding overseas through artificial intelligence convergence.

The Ministry of Science and ICT (Minister Yoo Sang-im, hereinafter referred to as 'MSIT') will announce the mother fund (from March 3.24 (Monday) through Korea Venture Investment.fund of funds)* 20252Tea Time Investment Business Plan AnnouncementThis year, about 400 billion won worth of "Virtual Fusion World Fund(Metabus fund)'of Furtherance·operationwhich Investment management companyRecruitmentSaid.

 

MSIT established the Digital Content Korea Fund (Digital Content Korea Fund) in 2014. Virtual Fusion World Fund(Metaverse Fund)ewwExpand and utilize the virtual fusion world (metaverse) Small and medium-sized enterprises in the field(Start-up, venture, small and medium-sized enterprise) Global Key Companyto UpbringingTo Continued investment From 2014 to 2024 Total government investment 3,665Billion won(including re-subscription) and Private investment을 통해 8,367A fund of hundreds of millions of dollars(fund)of FormationIt is promoting the growth of promising small and medium-sized enterprises. Through this, among existing investment companies, in 2024, 엔젤로보틱스, K3RIAI, M83 Lumir, Nomus, dot mill, Inospace Etc 7ReaperPerformance to be listedattainmentI've done it.

 

The recent rapid and extensive artificial intelligence (hereinafter referred to as 'AI') technology revolution has The world is artificialEntering the Age of Intelligenceand the global market is Generative artificial intelligence·extended reality(XR)·emailmodel(Digital Twin) With the rapid development and convergence of Continued growth of the metaverse market* is predicting that artificial intelligence will Mutual evolution as technology advancesand Growing togetherA virtual fusion world that is expected to beMetaverS) 산업This is a time when continuous and strategic investment in domestic related companies is needed to support this.

 

* Global Virtual Convergence World (Global Metaverse) Market Outlook: '24 billion dollars (approximately 744 trillion won) in 102 → '30 billion dollars (approximately 5,078 trillion won) in 699Average annual growth rate 37.7%(Statista, '24.8)

 

This year's fund is Government Subsidy 230억원(Reinvestment of fund recovery)and civilian Investment 170Billion wonincluding at least 400billions of wonFurtherance·operationThe selected operator will be a virtual fusion world (metaverse) Product·서비스Extended reality (XR), artificial intelligence, virtual models (digital twins), blockchain, etc. Key Base Technologies relation Small business60% Ideal twoHowever, in order to strengthen artificial intelligence convergence and international competitiveness, artificial intelligence fusion 또는 overseas expansion To the company 50% Ideal mandatory investmentLet's make a virtual fusion world (metaverse) Promising companyPromoting the fusion of artificial intelligence and overseas expansionExport activationWe also plan to provide continuous support.

 

 

Operators who wish to participate can visit the Korea Venture Investment website (www.kvic.or.kr)."Mother fund(fund of funds) One2Announcement of the tea time subscription business plan'You can find more detailed information at , and proposals for this announcement are 422(anger) OneFrom the time 429(anger) OneUntil You can apply online (http://install.kvic.or.kr).

 

MSIT Software Policy Officer Hwang Gyu-cheol said, “Recently, the world’s artificial intelligence (글로벌 HAVE) Conversion CompetitionIn order for virtual convergence world (metaverse) companies to quickly take over the market, Aggressive investment of government funds is urgently needed.He emphasized, “It is a point in time,” and “The domestic virtual fusion world (metaverse) Small businessArtificial intelligence convergence and overseas expansion을 통해 As a small and medium-sized enterprise Can grow “We will quickly invest in the Virtual Fusion World Fund (Metaverse Fund) to enable this,” he said.

Source: Ministry of Science and ICT