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Solana launches $100M investment and grant fund for South Korean web3 startups

TechCrunch

Solana Ventures and Solana Foundation have set up a $100 million investment and grant fund to deploy capital into South Korean web3 startups, Johnny Lee, general manager of games at Solana Labs, told TechCrunch. The fund will focus on gaming studios, GameFi, NFTs and DeFi in South Korea.

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Why microplastic pollution in soils and crops is ‘raising alarm’ among experts

Fast Company Tech

But industry experts say it’s difficult to know where plastic ends up or get rid of it completely, even with the best intentions of reuse and recycling programs. But the agriculture industry itself only accounts for a little over 3% of all plastics used globally. But we need more crops. Can agriculture escape the plastic problem?

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Unlikely players team up to lead South Korea’s air taxi industry

TechCrunch

You only have to look at how fast well-funded startups like Joby Aviation, Wisk Aero and Lillium are building and testing electric vertical takeoff and landing, or eVTOL, aircraft. However, South Korea, which lacks the venture capital, entrepreneurial ecosystem and aerospace legacy of the U.S., The unusual suspects.

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Korean VC Sopoong closes $8M fund for startups focused on environmental impact

TechCrunch

Two years ago, South Korea unveiled a plan to reach carbon neutrality by 2050. A lthough Korean manufacturers say they are trying to change their ways, the country’s GDP is linked to some uniquely pollutive industries, including petrochemical producers, automakers and shipbuilders. Getting there will be another story.

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AI voice, synthetic speech company LOVO gets $4.5M pre-series A funding

TechCrunch

Now a startup that is building voice skins for different companies to use across their services, and for third parties to create and apply as well, is raising some funding to fuel its growth. million pre-Series A round led by South Korean Kakao Entertainment along with Kakao Investment and LG CNS, an IT solution affiliate of LG Group.

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AmazeVR wants to scale its virtual concert platform with $17M funding

TechCrunch

AmazeVR , a Los Angeles-based virtual concert platform, said Tuesday it has raised a $17 million funding round to create immersive music experiences through virtual reality (VR) concerts. Like other industries, the entertainment sector was affected by the coronavirus lockdown. Are virtual concerts here to stay?

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South Korea blocks DeepSeek on government devices, announces launch of “national AI committee”

TechNode

According to a report by Bloomberg on Wednesday, South Korea plans to invest at least KRW 34 trillion ($23 billion) to help companies develop cutting-edge technologies in the fields of batteries and biotechnology. It also noted that technology from the Chinese AI startup DeepSeek is considered a “fresh shock” to the market.