ThreeD Capital Congratulates HyperCycle on Establishment of $1.1 Billion Joint Venture with South Korean Investors
ThreeD Capital, a Canadian-based venture capital firm, is pleased to congratulate HyperCycle on its recent announcement regarding the establishment of a $1.1 billion joint venture with a consortium of South Korean investors led by Addeep Inc. The joint venture aims to establish Seoul as a central hub for IoAI development and includes a $250 million cash investment, along with an in-kind contribution valued at $850 million from HyperCycle's 170,000 node factories. ThreeD has invested in HyperCycle's ecosystem, including holdings in HyperCycle's digital tokens, nodes, node factories, and ANFEs. This investment is part of ThreeD's strategy to invest in early-stage, promising companies in the junior resources and disruptive technologies sectors.
Key Takeaways:
- ThreeD Capital has congratulated HyperCycle on the establishment of a $1.1 billion joint venture with a consortium of South Korean investors led by Addeep Inc.
- The joint venture aims to establish Seoul as a central hub for IoAI development and includes a $250 million cash investment, along with an in-kind contribution valued at $850 million from HyperCycle's 170,000 node factories.
- ThreeD has invested in HyperCycle's ecosystem, including holdings in HyperCycle's digital tokens, nodes, node factories, and ANFEs.
- The investment is part of ThreeD's strategy to invest in early-stage, promising companies in the junior resources and disruptive technologies sectors.
- The joint venture with South Korean investors is a significant step towards HyperCycle's goal of establishing Seoul as a central hub for IoAI development.
- ThreeD's investment in HyperCycle's ecosystem provides the company with access to advisory services and the Company's ecosystem.
Statistics:
- The joint venture has a total value of $1.1 billion.
- The joint venture includes a $250 million cash investment and an in-kind contribution valued at $850 million from HyperCycle's 170,000 node factories.
- ThreeD has invested in HyperCycle's ecosystem, including holdings in HyperCycle's digital tokens, nodes, node factories, and ANFEs.
- The investment is part of ThreeD's strategy to invest in 10-15 private and public companies across a variety of sectors globally.
Sources:
- GlobeNewswire, "ThreeD Capital Congratulates HyperCycle on Establishment of $1.1 Billion Joint Venture with South Korean Investors", Oct 29, 2025.