Core Viewpoint - ThreeD Capital Inc. has announced its support for HyperCycle's establishment of a $1.1 billion joint venture with South Korean investors, indicating a strategic move towards enhancing IoAI development in Seoul [1][2]. Group 1: Joint Venture Details - 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 [2]. - The initiative aims to position Seoul as a central hub for IoAI development, reflecting a significant investment in disruptive technologies [2]. Group 2: Company Background - ThreeD Capital Inc. is a publicly-traded Canadian venture capital firm that focuses on opportunistic investments in junior resources and disruptive technologies [3]. - The company's investment strategy involves investing in multiple private and public companies globally, particularly in early-stage promising companies where it can act as a lead investor [3].