Born Ready and Catalyze Research Unite for Futureverse Fund

Born Ready, a venture capital fund focused on Web3 initiatives has partnered with Catalyze Research to introduce the Catalyze Futureverse Ecosystem Fund. With this partnership, the duo plans to collaborate on innovation in the Web3 space, leveraging the expertise of both entities. 

Futureverse was established in 2016 by Aaron McDonald and Shara Senderoff, and in August 2023 with the launch of Born Ready, a $50 million fund and venture studio. This initiative aims to support the advancement of Web3 technologies by providing investments ranging from $250,000 to $2 million for companies dedicated to building Futureverse’s Web3 infrastructure and content networks.

Futureverse, which secured a notable milestone in July of the previous year, raised $54 million in a series A funding round. Prominent investors included 10T Holdings and Ripple. 

On the other hand, Catalyze Research, a consultancy firm headquartered in South Korea, specializes in the blockchain sector. Established in 2017, the company has a track record of investing in Web3 projects such as Matic Network (now Polygon), Biconomy, and Numbers Protocol. This background positions Catalyze Research as a strategic partner for Born Ready’s Catalyze Futureverse Ecosystem Fund, as it brings extensive experience and insights into the blockchain industry to the collaboration.

The initiative, spearheaded by Futureverse’s co-founders, aims to provide strategic support and financial backing to startups and initiatives exploring the potential of Web3 technologies. Through the Catalyze Futureverse Ecosystem Fund, promising projects will receive the necessary resources and guidance to accelerate their development and make meaningful contributions to the evolving landscape of decentralized technologies.

The Catalyze Futureverse Ecosystem Fund, with a commitment of $10 million, aims to invest in and support nascent companies operating in  Web3, Metaverse, AI, and content across the Asia-Pacific region. These selected ventures will collaborate within the broader Futureverse ecosystem, including The Root Network’s blockchain platform. This initiative, as reported by Tech in Asia, is a strategic move to nurture innovation and entrepreneurship in Asia. 

According to Born Ready’s statement on X (previously Twitter), the partnership endeavors to catalyze exponential growth within The Root Network while providing a platform for startups, particularly those in South Korea, to thrive. 

According to data sourced from intelligence firm Research and Markets, projections indicate that by 2030, expenditures within South Korea’s metaverse sector are forecasted to surge to $43.4 million. 

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