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Top 50 Medical VC Funds & Investors in South Korea (August 2026)

The most active venture capital funds investing in South Korea Medical startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in South Korea Medical startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
KB Investment
VC Fund
20 South Korea, United States, Vietnam Series A, Series B, Seed Software, Artificial Intelligence, Biotechnology $767k–$36M
Dayli Partners
VC Fund
16 South Korea, United States, Indonesia Series A, Series B, Seed Biotechnology, Health Care, Medical $791k–$29M
Korea Credit Guarantee Fund
VC Fund
14 South Korea, United States, China Seed, Series A, Venture - Series Unknown Artificial Intelligence, Information Technology, Software $198k–$15M
Korea Investment Partners
VC Fund
14 South Korea, United States, China Series A, Series B, Seed Biotechnology, Information Technology, Health Care $1.2M–$52M
Kakao Ventures
VC Fund
14 South Korea, United States, Indonesia Seed, Series A, Series B Software, Artificial Intelligence, Information Technology $297k–$30M
LSK Investment
VC Fund
12 South Korea, United States Series A, Series B, Series C Biotechnology, Medical, Health Care $1.6M–$46M
IMM Investment
VC Fund
10 South Korea, United States, Japan Series A, Series B, Series C Health Care, Biotechnology, Artificial Intelligence $3M–$72M
DSC Investment
VC Fund
9 South Korea, United States, Israel Series A, Series B, Seed Artificial Intelligence, Software, Information Technology $594k–$54M
AI Angel Club
VC Fund
9 South Korea Seed, Series A, Angel Health Care, Medical, E-Commerce $74k–$5.8M
Hana Ventures
VC Fund
9 South Korea, United States, Peru Series A, Seed, Series B Software, Artificial Intelligence, Health Care $253k–$42M
ActnerLab
VC Fund
8 South Korea, United States, Japan Seed, Venture - Series Unknown Health Care, Medical, Medical Device $37k–$84k
Aju IB Investment
VC Fund
8 South Korea, United States, Japan Series A, Series B, Series C Biotechnology, Health Care, Therapeutics
Series Ventures
VC Fund
8 South Korea, Singapore Seed, Series A, Venture - Series Unknown Health Care, Manufacturing, Biotechnology $86k–$4.4M
Kolon Investment
VC Fund
8 South Korea, India, Indonesia Series A, Series B Biotechnology, Software, Information Technology $6k–$24M
Smilegate Investment
VC Fund
8 South Korea, United States, Vietnam Series B, Series A, Seed Software, Artificial Intelligence, Health Care $694k–$47M
Magna Investment
VC Fund
7 South Korea, United States, Japan Seed, Series A, Series B Health Care, Biotechnology, Pharmaceutical $147k–$18M
Company K Partners
VC Fund
7 South Korea, United States, Singapore Series A, Series B Biotechnology, Health Care, Artificial Intelligence $2.2M–$42M
Bass Investment
VC Fund
7 South Korea, United States, Singapore Seed, Series A, Series B Artificial Intelligence, Software, E-Commerce $414k–$15M
InfoBank
VC Fund
7 South Korea, South Africa, United States Seed, Series A, Series B Artificial Intelligence, Information Technology, Software $100k–$16M
Korea Technology Finance Corporation
VC Fund
7 South Korea, Russian Federation Seed, Series A, Series B Software, Manufacturing, Medical $7k–$15M
SBI Investment Korea
VC Fund
7 South Korea, United States, Japan Series A, Series B, Series C Information Technology, Artificial Intelligence, Software $2.5M–$33M
Devsisters Ventures
VC Fund
6 South Korea, United States, Russian Federation Series A, Seed Software, Biotechnology, Gaming $1k–$8.2M
SL Investment
VC Fund
6 South Korea, United States Series A, Series B, Seed Biotechnology, Medical, Software $2k–$27M
Mirae Asset Capital
VC Fund
6 South Korea, United States, India Series B, Series A, Series C Health Care, Biotechnology, Artificial Intelligence $3M–$291M
SGI Venture Capital
VC Fund
6 South Korea, Singapore, United States Series A, Series B, Seed Medical, Software, Health Care $971k–$47M
Quantum Ventures Korea
VC Fund
6 South Korea, United States Series A, Series B, Seed Artificial Intelligence, Software, Medical $1M–$30M
Daekyo Investment
VC Fund
6 South Korea, Hong Kong, United States Series A, Seed, Series B Software, Education, Mobile Apps $497k–$17M
HB Investment
VC Fund
6 South Korea, United States, Vietnam Series B, Series A Software, Biotechnology, Artificial Intelligence $1.5M–$25M
Mashup Ventures
VC Fund
6 South Korea, United States, Indonesia Seed, Pre-Seed, Series A Software, Artificial Intelligence, Information Technology $100k–$3.2M
Enlight Ventures
VC Fund
6 South Korea, Indonesia Seed, Series A, Series B Manufacturing, Information Technology, Artificial Intelligence $392k–$20M
Shinhan Capital
VC Fund
6 South Korea, United States, India Series A, Seed, Series B Information Technology, Software, E-Commerce $347k–$18M
Innopolis Partners
VC Fund
6 South Korea, United States, United Kingdom Series A, Seed Manufacturing, Health Care, Biotechnology $1k–$11M
Industrial Bank of Korea
VC Fund
6 South Korea, United States, China Series A, Series B, Seed Software, Artificial Intelligence, Information Technology $166k–$28M
UTC Investment Co.
VC Fund
5 South Korea, United States, Japan Series A, Series B Biotechnology, Health Care, Medical $2.3M–$21M
Woori Venture Partners
VC Fund
5 South Korea, United States, Singapore Series A, Series B, Series C Artificial Intelligence, Software, Biotechnology $2.9M–$122M
Kiwoom Investment
VC Fund
5 South Korea, United States, Japan Series B, Series A, Series C Information Technology, Software, Artificial Intelligence $1.7M–$33M
SJ Investment Partners
VC Fund
5 South Korea, United States, Hong Kong Series A, Series B, Seed Biotechnology, Manufacturing, Medical $547k–$28M
Shinhan Venture Investment
VC Fund
5 South Korea, United States, Japan Series B, Series A, Series C Biotechnology, Health Care, Software $2.2M–$71M
WONIK Investment Partners
VC Fund
5 South Korea, United States, United Kingdom Series B, Series A, Seed Health Care, Biotechnology, Manufacturing $785k–$19M
Kaist Venture Investment Holdings
VC Fund
5 South Korea, United States, Australia Seed, Grant, Angel Health Care, Information Technology, Medical $7k–$1.5M
Murex Partners
VC Fund
5 South Korea, United States, India Series A, Series B, Seed Software, Artificial Intelligence, Health Care $1.7M–$17M
IBK Capital
VC Fund
5 South Korea, United States, India Series A, Seed, Series B Health Care, Biotechnology, Information Technology $2k–$22M
Dt& Investment
VC Fund
4 South Korea, Vietnam, United States Series B, Series A, Seed Biotechnology, E-Commerce, Health Care $2k–$18M
Hyundai Investment Partners
VC Fund
4 South Korea, United States Series A, Series B, Seed Software, Medical, Health Care $363k–$104M
IPS Ventures
VC Fund
4 South Korea, United States Seed, Series A, Series B Apps, Medical, Medical Device $148k–$9M
Ascendo Ventures
VC Fund
4 South Korea, United States, Taiwan Seed, Series A, Series B E-Commerce, Information Technology, Medical $2.8k–$21M
POSCO CAPITAL
VC Fund
4 South Korea, United States Series A, Seed, Series B Software, Manufacturing, Information Technology $149k–$11M
SV Investment Corp
VC Fund
4 South Korea, United States, China Series A, Series B, Seed Software, Information Technology, Artificial Intelligence $1.2M–$60M
Pathfinder H
VC Fund
4 South Korea Series A, Series B, Seed E-Commerce, Biotechnology, Artificial Intelligence $743k–$21M
HG Initiative
VC Fund
4 South Korea, United States Series A, Seed, Series B Health Care, Biotechnology, Medical $360k–$13M
Access all 632 VC funds in South Korea Medical startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

KB Investment
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 20 investments in South Korea Medical startups

Founded in 1990, KB Investment Co., Ltd. (KBIC) is one of Korea’s leading investment firms of venture capital and private equity funds with over USD 2.6 Billion of asset under management as of December 2023. KBIC is a subsidiary of KB Financial Group, Korea’s premier financial group with the largest domestic customer base as well as the widestnetwork of service branches in Korea.KBIC’s team is recognized for industry thought leadership, a broad network of powerful industry relationships, and a unique professional investment approach to investing. KBIC passionately support our portfolio companies with active guidance in all key aspects of team building, strategy, operations and governance

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Investment focus

  • Industry: Software, Artificial Intelligence, Biotechnology
  • Stage:Series A, Series B, Seed
  • Geography: South Korea, United States, Vietnam

Investor stats

  • Total investments: 414
  • Round size: Seed $767k–$7.2M; Series A $2.1M–$36M; Series B $4.8M–$35M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • TESOLLO — TESOLLO develops robot and motion presenter products.
  • H&B Asia — H&B Asia specializes in sourcing, importing, and distributing fresh fruits and agricultural products. The company works closely with global growers and suppliers to bring high-quality produce into the Korean market. It focuses on building strong partnerships, ensuring consistent supply, and supporting efficient logistics across the fooddistribution value chain.
  • ACT-ion Battery Technologies — ACT-ion is pioneering a transformative approach to battery material manufacturing, specializing in advanced lithium battery cathode active materials (CAMs). Our innovative, clean, and efficient continuous process revolutionizes production, driving cost savings and enhanced performance for the energy
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Dayli Partners
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 16 investments in South Korea Medical startups

Dayli Partners is an investment firm.

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Investment focus

  • Industry: Biotechnology, Health Care, Medical
  • Stage:Series A, Series B, Seed
  • Geography: South Korea, United States, Indonesia

Investor stats

  • Total investments: 112
  • Round size: Seed $791k–$6.7M; Series A $839k–$17M; Series B $1.5M–$29M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Medifab — Medifab is a bio-healthcare center that offers 3D system testing, measurement analysis, and OEM service.
  • SN BioScience — SN BioScience provide nano-formulation screening services for small molecule, oligonucleotide (siRNA, DNA), peptide and protein to deliver in the form of nano-micelle, nanoparticle or liposome. Their proprietary “double core-shell technology” and pool of acceptable lipids and polymers could help your research that having difficulties in solubilityor delivery.
  • SureTech — Suretech is an AI insurtech firm, operates the Carsure platform, which automates the automotive insurance claims process from accident reporting to repair shop matching, cost estimation, and settlement.
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Korea Credit Guarantee Fund
VC Fund · Daegu, Taegu-jikhalsi, South Korea · 14 investments in South Korea Medical startups

Korea Credit Guarantee Fund operates as a public financial institution.

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Investment focus

  • Industry: Artificial Intelligence, Information Technology, Software
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: South Korea, United States, China

Investor stats

  • Total investments: 299
  • Round size: Seed $198k–$2.9M; Series A $786k–$7.8M; Venture - Series Unknown $884k–$15M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • StepLab — StepLab is a microsatellite systems company specializing in space mechanism technology, developing innovative satellite platforms and advanced aerospace solutions that support efficient satellite deployment, in-orbit operations, and a wide range of commercial and scientific space missions.
  • Limpid — Limpid is a Bio pet food startup. It set new standards in pet nutrition through continuous innovation.
  • DoubleT — DoubleT is an innovative tech enterprise specialized in industrial workplace safety and business automation. Its premier product, HEIMDALL, utilizes artificial intelligence and real-time location systems to prevent industrial accidents. They also operate DoubleWorks for corporate management and Jikguraound to streamline global B2B sourcing forbusinesses.
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Korea Investment Partners
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 14 investments in South Korea Medical startups

Korea Investment Partners (KIP) is a leading venture capital & private equity firm that has over 30 years of experience in providing venture capital to bold and innovative entrepreneurs who want to change the world. Korea Investment Partners invests in leading pioneers like Kakao(KOSDAQ:035720), Naver(KRX:035420), YGEntertainment(KOSDAQ:122870), Bodyfriend, Osstem Implant(KOSDAQ:048260), Doubleu Games(KOSDAQ:192080) and Didi Chuxing. KIP manages over 20 venture and private equity funds with US$1.8 billion in total assets under management. The company operates globally from its Seoul headquarters office with other locations in Shanghai, Beijing, and Sunnyvale.

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Investment focus

  • Industry: Biotechnology, Information Technology, Health Care
  • Stage:Series A, Series B, Seed
  • Geography: South Korea, United States, China

Investor stats

  • Total investments: 474
  • Round size: Seed $1.2M–$10M; Series A $2.1M–$21M; Series B $4.7M–$52M
  • Lead/follow: 26% lead, 74% follow
  • Last fund: May invest from a new fund soon — raised $6.7M in 2014

Portfolio highlights

  • Cashkaro — Cashkaro is an Indian cashback and coupons site. They are backed by Mr. Ratan Tata and Indian VC firms, Kalaari Capital. With over two million registered users, CashKaro is a one stop destination for savings across 1500+ ecommerce sites like Amazon.in, Flipkart, Nykaa, Ajio, etc.
  • Together Funding — Together Funding offers peer-to-peer financial service.
  • Inovio Pharmaceuticals — INOVIO is advancing novel immunotherapy technologies to reshape the future of treating and preventing infectious diseases and cancer.
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Kakao Ventures
VC Fund · Seongnam, Kyonggi-do, South Korea · 14 investments in South Korea Medical startups

We are an independent subsidiary of Kakao Corp. & the most active, startup-friendly early stage VC of Korea. (Limited Partnerships, not strategic.).

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: South Korea, United States, Indonesia

Investor stats

  • Total investments: 363
  • Round size: Seed $297k–$4.2M; Series A $966k–$14M; Series B $3M–$30M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: May invest from a new fund soon — raised $9.6M in 2012

Portfolio highlights

  • Veluga — Veluga is a membership service that provides regular delivery of craft beer and pairing night snack twice a month.
  • LifeLabs — LifeLabs is a Canadian-owned company that has been serving the healthcare needs of Canadians for more than 50 years. Today, LifeLabs performs more than 100 million laboratory tests every year, helping healthcare providers diagnose, treat, monitor and prevent disease in patients.LifeLabs is strongly committed to continual innovation in testingservices. For our patients and healthcare providers, this means we always strive to provide access to the latest specialized clinical tests—to detect cancer for example, to monitor heart disease, identify neurological disorders and pinpoint allergies.LifeLabs is well-positioned to deliver care at home, in the community and across Ontario and British Columbia. We have over 5,400 professionally trained staff members, over 360 conveniently located patient service centres and an extensive network of couriers and mobile phlebotomists on the job.
  • Perseus — World Best Hypervisor Security Solutions for SDV
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LSK Investment
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 12 investments in South Korea Medical startups

LSK Investment is a Korean venture capital firm that provides long-term capital and management support to venture enterprises. The firm was founded in 2016 and is based in Seoul, Korea.

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Investment focus

  • Industry: Biotechnology, Medical, Health Care
  • Stage:Series A, Series B, Series C
  • Geography: South Korea, United States

Investor stats

  • Total investments: 41
  • Round size: Series A $1.6M–$14M; Series B $7.4M–$16M; Series C $3.2M–$46M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Trioar — Trioar is a biotechnological research company that manufacture pharmaceutical products and drugs.
  • MBD — MBD is a biotechnology company that specializes in 3D cell culture platforms.
  • IMBiologics — IMBiologics is a biotechnology company that develops antibody-based drug candidates for diseases such as cancer and immune-related conditions. It conducts research and development using its own platforms to discover new therapeutic molecules.
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IMM Investment
VC Fund · Kangnam, Cholla-namdo, South Korea · 10 investments in South Korea Medical startups

Korean alternative asset investment firm

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Investment focus

  • Industry: Health Care, Biotechnology, Artificial Intelligence
  • Stage:Series A, Series B, Series C
  • Geography: South Korea, United States, Japan

Investor stats

  • Total investments: 266
  • Round size: Series A $3M–$55M; Series B $5.9M–$72M; Series C $7.7M–$46M
  • Lead/follow: 15% lead, 85% follow
  • Last fund: May invest from a new fund soon — raised $25M in 2016

Portfolio highlights

  • N.Light — N.Light is a Metaverse 3D design software that allows individuals to effortlessly turn their ideas into reality.
  • Ohouse — No.1 Interior Onestop Platform
  • ArcGen Bioscience — Embark on a Voyage in Immuno-Oncology
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DSC Investment
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 9 investments in South Korea Medical startups

DSC Investments invests in early stage and growth companies in the field of corporate identify and focus, IT, software, biotechnology, machinery, and future high-growth areas such as environment and resources.

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Investment focus

  • Industry: Artificial Intelligence, Software, Information Technology
  • Stage:Series A, Series B, Seed
  • Geography: South Korea, United States, Israel

Investor stats

  • Total investments: 228
  • Round size: Seed $594k–$9.1M; Series A $1.6M–$17M; Series B $4.5M–$54M
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • FastView — FastView provides content commerce services and online marketing services.
  • MID — MID specializes in the development, testing, and production of space-related components.
  • CarbonSix — CarbonSix delivers cutting-edge robotics automation for manufacturing, combining Six-Sigma robot dexterity and intelligence to transform industrial operations worldwide.
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AI Angel Club
VC Fund · Mapo, Seoul-t'ukpyolsi, South Korea · 9 investments in South Korea Medical startups, 9 in the past 12 months

AI Angel Club is an angel investment club that specializes in seed investment in the medical and bio healthcare field.

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Investment focus

  • Industry: Health Care, Medical, E-Commerce
  • Stage:Seed, Series A, Angel
  • Geography: South Korea

Investor stats

  • Total investments: 57
  • Round size: Seed $87k–$894k; Angel $74k–$104k; Series A $1.1M–$5.8M
  • Lead/follow: 39% lead, 61% follow

Portfolio highlights

  • GREENDA — GREENDA is a bio-aviation oil and gas raw material manufacturing company.
  • Salm Clinic — Salm Clinic is a specialized digital healthcare platform that provides comprehensive psychological testing services, offering accessible mental health assessments, personalized evaluations, and technology-driven support for individuals seeking psychological insights and care.
  • Plantner — PLANTNER develops environmentally friendly polymers that utilizes the controlled-release characteristics of alginate, a polymer derived from seaweed, along with natural controlled-release fertilizers to substitute current chemical products. Concurrently, the company is engaged in research and development as well as local field trials in Korea andVietnam. These innovations are directly aimed at promoting low-input sustainable agriculture. The organization is committed to tackling the unsustainable practices prevalent in conventional agriculture through the use of slow-release fertilizers, aspiring to foster eco-friendly advancements rooted in natural materials, beginning with agriculture, which is the cornerstone of the industry. In traditional agricultural settings, the significant loss of chemical fertilizers has resulted in nutrient depletion, leading to soil degradation issues such as acidification. This reduction in soil productivity compels farmers to resort to even greater quantities of chemicals to enhance yields, thereby perpetuating a detrimental cycle of increasing overuse. As a response, coated slow-release fertilizers have been introduced; however, their synthetic polymer coatings have contributed to the buildup of microplastics in the soil, harming the habitats of beneficial microorganisms and generating additional environmental challenges. To mitigate these concerns, ongoing research and development efforts are focused on substituting the conventional coating materials of slow-release fertilizers which are responsible for environmental issues like residual microplastics with alginate, a biodegradable polymer sourced from seaweed.
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Hana Ventures
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 9 investments in South Korea Medical startups

Hana Ventures is a corporate venture capital of Hana Financial Group.

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Investment focus

  • Industry: Software, Artificial Intelligence, Health Care
  • Stage:Series A, Seed, Series B
  • Geography: South Korea, United States, Peru

Investor stats

  • Total investments: 215
  • Round size: Seed $253k–$4.5M; Series A $1.6M–$15M; Series B $3.7M–$42M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • BIGC — BIGC is a technology company that offers digital marketing, content creation, and advertising services.
  • Green Lamp — The Green Lamp Library is a study space dedicated to enhancing students' study efficiency and promoting the development of self-directed learning services through the implementation of gamification techniques to encourage engagement in learning. Among the standout features of the Green Lamp Library is the S2E (Study to Earn) system, whichincentivizes learning by enabling users to accumulate points that can be redeemed like cash through a variety of educational tasks. Additionally, it offers a structured system that assists users in concentrating on their studies for a predetermined duration.
  • Welcon Systems — WELCON Systems is a company that makes electronic control equipment used in machines. Their main products include servo drives and motion controllers, which help control the movement of motors in industrial machines and robots.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
ActnerLab
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 8 investments in South Korea Medical startups

ActnerLab is a venture capital and accelerator that helps hardware, IoT and biotech startups establish their initial foothold and beyond.

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Investment focus

  • Industry: Health Care, Medical, Medical Device
  • Stage:Seed, Venture - Series Unknown
  • Geography: South Korea, United States, Japan

Investor stats

  • Total investments: 110
  • Round size: Seed $37k–$84k
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • C&SR — C&SR provides expertise in research and development necessary for navigating a drug candidate through humanized animal model making/testing.
  • Chain Lightning — Chain Lightning is an electric vehicle charging station that provides electric vehicle care payment and charge management services.
  • NAiEEL Technology — NAiEEL Technology offers energy and environmental technology solutions.
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Aju IB Investment
VC Fund · Yeoksamdong, Seoul-t'ukpyolsi, South Korea · 8 investments in South Korea Medical startups

Aju IB Investment is a venture capital firm that offers SMEs with investments and consulting services.Aju IB Investment offers consulting services that focus on business management, tax, accounting, legal, mergers and acquisitions, additional funding, marketing, and technology support.Aju IB Investment was founded in September 1974 and is basedin Seoul, South Korea.

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Investment focus

  • Industry: Biotechnology, Health Care, Therapeutics
  • Stage:Series A, Series B, Series C
  • Geography: South Korea, United States, Japan

Investor stats

  • Total investments: 106
  • Lead/follow: no public data

Portfolio highlights

  • Gangnam Unni — Gangnam Unni is in the field of beauty medical services, helping users choose a treatment and a plastic surgery hospital. The difficulty of navigating the process of seeking medical treatment and choosing a hospital continues to persist. Kangnam Unni recognizes the need for change and firmly believes that a combination of transparent medicalinformation and an IT platform can foster a consumer-oriented medical service market. Their ultimate goal is to challenge negative perceptions surrounding plastic surgery and spearhead a significant transformation in the beauty and medical service industries.The Gangnam Unni team is dedicated to innovation, fueled by an unwavering desire to provide exceptional beauty and medical services. With the aim of assisting individuals in selecting a suitable hospital, they have amassed an impressive database of one million user reviews. Additionally, their efforts to promote transparency in medical information have garnered the support of 3,000 subscribers through Gangnam Sister. Furthermore, their mobile application has facilitated hospital consultations for a staggering 3.8 million individuals, resulting in 1.6 million successful cases.As the team continuously clarifies its mission and forges ahead with determination, its collective strength and resolve only grow stronger. Kangnam Unni remains committed to revolutionizing the healthcare industry, ensuring that individuals receive the highest quality of care and a positive experience throughout their medical journeys.
  • Healing Paper — Healing Paper is a mobile healthcare and information technology company.
  • Kovis Technology — Kovis Technology is a manufacturer of measurement and inspection equipment intended for global semiconductor and electronic industries.
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Series Ventures
VC Fund · Changwon, Kyongsang-namdo, South Korea · 8 investments in South Korea Medical startups

Series Ventures is an investment company for the beauty care, engineering, healthcare, social platform, and enterprise sectors.

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Investment focus

  • Industry: Health Care, Manufacturing, Biotechnology
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: South Korea, Singapore

Investor stats

  • Total investments: 94
  • Round size: Seed $86k–$1.9M; Series A $2.9M–$4.4M
  • Lead/follow: 69% lead, 31% follow

Portfolio highlights

  • TouchMeal — TouchMind (operating as TouchMeal) runs an AI-driven senior foodtech platform that manages professional institutional catering, customized dietary meal planning, and automated ingredient supply chains for nursing homes. The company handles full kitchen management operations, including hygiene standards compliance, staff management, and thedistribution of specialized elderly-friendly food products.
  • HD Hi-Tech — HD Hi-Tech is an innovative technology company specializing in AI-powered switchboard safety diagnostic solutions, helping industries improve electrical system reliability, detect faults in real time, and enhance operational safety and efficiency.
  • ROBOS — Robos is a hybrid robot system built by evaluating biological object vision data using Lidar Vision and Open CV-based Object Detection. By combining self-developed biomaterial machine vision technology and robot technology, it intends to expand into a company that delivers core services to diverse industrial sites such as manufacturing, food, andmedical.
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Kolon Investment
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 8 investments in South Korea Medical startups, 12 in the past 12 months

Kolon Investment, Inc. is a venture capital and private equity firm specializing in buyouts, mezzanine, corporate restructuring, growth capital, and turnaround investment. It prefers to invest in electronic components, petroleum, energy, computer, and telecommunications equipment. The firm primarily invests in South Korea with a focus in Seoul,Gyeonggi, Incheon, and Gyeongbuk. Kolon Investment, Inc. was established in 2000 and is based in Seoul, South Korea.Source: Businessweek

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Investment focus

  • Industry: Biotechnology, Software, Information Technology
  • Stage:Series A, Series B
  • Geography: South Korea, India, Indonesia

Investor stats

  • Total investments: 118
  • Round size: Series A $6k–$10M; Series B $4.8M–$24M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • Nexusbe — Nexusbe is a manufacturer of atomic layer equipment technology intended to provide vacuum deposition equipment.
  • StepLab — StepLab is a microsatellite systems company specializing in space mechanism technology, developing innovative satellite platforms and advanced aerospace solutions that support efficient satellite deployment, in-orbit operations, and a wide range of commercial and scientific space missions.
  • The SMC Group — The SMC Group is a social marketing company.
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Smilegate Investment
VC Fund · Seongnam, Kyonggi-do, South Korea · 8 investments in South Korea Medical startups, 36 in the past 12 months

Smilegate Investment, founded in 1999 originally as MVP Capital, is a venture capital and private equity firm that grows remarkably alongside invested companies. Since initial venture capital funding in 2000, the firm has since organized and managed more than 30 venture capital and private equity funds and has invested in more than 200 companieswith promising growth potential.

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Investment focus

  • Industry: Software, Artificial Intelligence, Health Care
  • Stage:Series B, Series A, Seed
  • Geography: South Korea, United States, Vietnam

Investor stats

  • Total investments: 278
  • Round size: Seed $694k–$6.6M; Series A $1.2M–$15M; Series B $3.4M–$47M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Neardoc — Neardoc operates on a business-to-business subscription model providing an ambient artificial intelligence scribe solution for healthcare facilities. The platform leverages a proprietary medical reasoning engine to automatically generate structured clinical SOAP notes by analyzing doctor-patient conversations in real time. Its core valueproposition centers on eliminating administrative overhead, reducing charting time for medical professionals, and increasing patient throughput.
  • Prazer Therapeutics — Prazer Therapeutics assists patients suffering from intractable diseases through the use of logical and innovative drug design approaches. They willaccomplished this through the use of new and innovative drug development platforms, such as rational molecular drug design technology and next-generation protein degradation technology.
  • Hookable — Hookable is an AI-based e-commerce detail page automatic generation solution.
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Magna Investment
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 7 investments in South Korea Medical startups

As a Venture Capital / Accelerator / Private Equity Manager specialized in initial companies, SMEs and SMEs, They are generating profits by finding and investing in companies with promising growth potential.

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Investment focus

  • Industry: Health Care, Biotechnology, Pharmaceutical
  • Stage:Seed, Series A, Series B
  • Geography: South Korea, United States, Japan

Investor stats

  • Total investments: 97
  • Round size: Seed $147k–$3M; Series A $1.5M–$12M; Series B $3.8M–$18M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • AIT STUDIO — AIT Studio is a digital health startup that develops AI-powered, contactless gait analysis solutions for early detection of mobility decline and age-related conditions such as sarcopenia. Our flagship products—GAIT Studio (App) and MediStep M Pro (hardware package)—deliver full gait assessments in under 1 minute, without wearables or specializedstaff.
  • Featuring — Featuring’s goal is to make it easy for anyone to see and utilize the power of influencers. Today, as companies are accelerating their transition to digital business due to COVID-19, the number of companies leveraging The number of influencers is explosively increasing. Featuring allows brands and marketers to discover product-fit influencers andhelps matching based on their needs. Currently, over 3,600 brands are using Featuring, and more than 8,500 influencer campaigns have been done. As a Korea-based startup, Featuring plans on expanding the business to Far East Asia, including Japan and China.
  • Endorobotics — Endorobotics is an educational technology company specializing in exam preparation solutions. Its platform provides automated question generation, adaptive difficulty adjustment, CSAT-style question modeling, and the creation of similar questions based on incorrect answers. The company enables middle and high school educators and students to accesspersonalized mock examinations, enhance learning outcomes, and streamline exam preparation through automation and data-driven insights.
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Company K Partners
VC Fund · Ilsangu, Seoul-t'ukpyolsi, South Korea · 7 investments in South Korea Medical startups, 18 in the past 12 months

Company K Partners Limited is a principal investment firm specializing in investments in culture content, electronic components, computer, machinery, broadcasting, arts, sports, and leisure industries. The firm primarily invests in South Korea with a focus in Seoul, Gyeongnam, and Gyeonggi. Company K Partners Limited was established in 2006 and isbased in Gyeonggi-do, South Korea.

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Investment focus

  • Industry: Biotechnology, Health Care, Artificial Intelligence
  • Stage:Series A, Series B
  • Geography: South Korea, United States, Singapore

Investor stats

  • Total investments: 188
  • Round size: Series A $2.2M–$17M; Series B $6.5M–$42M
  • Lead/follow: 10% lead, 90% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • StepLab — StepLab is a microsatellite systems company specializing in space mechanism technology, developing innovative satellite platforms and advanced aerospace solutions that support efficient satellite deployment, in-orbit operations, and a wide range of commercial and scientific space missions.
  • EtherNafusion — EtherNafusion is an early-stage South Korean deep-tech startup developing compact modular nuclear fusion reactors.
  • Prazer Therapeutics — Prazer Therapeutics assists patients suffering from intractable diseases through the use of logical and innovative drug design approaches. They willaccomplished this through the use of new and innovative drug development platforms, such as rational molecular drug design technology and next-generation protein degradation technology.
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Bass Investment
VC Fund · Seocho, Seoul-t'ukpyolsi, South Korea · 7 investments in South Korea Medical startups

Bass Investment is a Investment Firm.

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Investment focus

  • Industry: Artificial Intelligence, Software, E-Commerce
  • Stage:Seed, Series A, Series B
  • Geography: South Korea, United States, Singapore

Investor stats

  • Total investments: 136
  • Round size: Seed $414k–$6.9M; Series A $1.9M–$15M; Series B $6.7M–$12M
  • Lead/follow: 20% lead, 80% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • Addit & Ark — Adit & Ark operates an AI-powered advertising platform that connects brands with Instagram-based digital magazines and content creators, enabling targeted collaborations and more effective marketing campaigns.
  • Tect Group — We deliver real beauty based on distinctive brands and innovative marketing solutions, fostering confidence and positivity around the world.
  • BioNexus — BioNexus is an artificial intelligence (AI) biotechnology startup that specializes in automating the early stages of biomedical research and drug discovery.
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InfoBank
VC Fund · Gyeongju, Kyongsang-bukto, South Korea · 7 investments in South Korea Medical startups

InfoBank develops and provides mobile messaging solutions and other related services.The company offers business messaging services such as SMS, LMS, and multimedia message services; interactive media services; smart car solutions; and integrated online and offline payment services.InfoBank was founded in 1995 and is based in Gyeongju, SouthKorea.

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Investment focus

  • Industry: Artificial Intelligence, Information Technology, Software
  • Stage:Seed, Series A, Series B
  • Geography: South Korea, South Africa, United States

Investor stats

  • Total investments: 147
  • Round size: Seed $100k–$1.6M; Series A $761k–$9.4M; Series B $8M–$16M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • A2D2 — A2D2 AI analyzes and organizes tens of thousands of pages of evidence documents.
  • All Conec — All Conec is a digital platform that connects dental clinics and laboratories around the world. The platform also provides dental equipment shopping. The user can plan implant surgery quickly and precisely through the platform.
  • Limpid — Limpid is a Bio pet food startup. It set new standards in pet nutrition through continuous innovation.
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Korea Technology Finance Corporation
VC Fund · Busan, Pusan-jikhalsi, South Korea · 7 investments in South Korea Medical startups, 8 in the past 12 months

Korea Technology Finance Corporation is a South Korea-based fund for small and medium enterprises.

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Investment focus

  • Industry: Software, Manufacturing, Medical
  • Stage:Seed, Series A, Series B
  • Geography: South Korea, Russian Federation

Investor stats

  • Total investments: 88
  • Round size: Seed $383k–$4.1M; Series A $1.4M–$7.4M; Series B $7k–$15M
  • Lead/follow: 24% lead, 76% follow

Portfolio highlights

  • Leecell — Leecell is a solar cell manufacturing company that produces organic and perovskite thin‑film photovoltaic cells.
  • Elevenliter — Eleven Liter operates Lipet, an online health check solution for companion animals.
  • Intergravity — Intergravity is a company that is developing orbital transportation technologies to support the future of in-space activity. Intergravity is to enable a space environment in which mobility, service, and logistics are seamlessly integrated, creating the framework for long-term operations beyond Earth.
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SBI Investment Korea
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 7 investments in South Korea Medical startups, 8 in the past 12 months

SBI Investment Co., Ltd. has established itself as a true partner of the Republic of Korea venture business development in the past 28 years as a venture capital concept introduced first in Korea in 1986 was even unfamiliar concept of 'venture'. SBI Investment Co., Ltd. is a direct excavation domestic / other promising venturesinvestment as well as domestic / external funding attracted through cooperation with institutional investors and technology, marketing, public offering (IPO), the law, adhere to the role which has been providing comprehensive services such as Value-up tax.

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Investment focus

  • Industry: Information Technology, Artificial Intelligence, Software
  • Stage:Series A, Series B, Series C
  • Geography: South Korea, United States, Japan

Investor stats

  • Total investments: 117
  • Round size: Series A $2.5M–$15M; Series B $4.5M–$32M; Series C $8.5M–$33M
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • XCENA — XCENA is a semiconductor company that develops data-centric computing systems designed for AI and large-scale data processing environments. The company builds computational memory technology that combines high-capacity pooled DDR5 memory with near-data processing capabilities, allowing computation to occur closer to where data is stored. Its coreplatform is based on the Compute Express Link (CXL) standard, which enables memory expansion beyond traditional CPU limitations while improving data movement efficiency and reducing latency in data center workloads. XCENA’s architecture is designed to support applications such as artificial intelligence workloads, vector databases, and large-scale analytics by addressing memory bandwidth and capacity constraints. The company provides a hardware-software ecosystem that includes computational memory systems and a full-stack software development kit. This SDK offers APIs, runtime tools, and drivers that allow applications to use computational memory without major changes to existing software architectures while also supporting low-level control for performance optimization.XCENA’s flagship product line includes MX1, a CXL-based computational memory solution that integrates near-data processing engines with memory infrastructure to support AI inference and data-intensive workloads. The platform is designed to improve throughput and scalability in environments where traditional memory architectures become a bottleneck. The company operates in the broader field of AI infrastructure and memory innovation, working with customers such as hyperscalers, telecom providers, and research institutions that manage large-scale computing workloads. Its solutions are intended to improve efficiency in systems handling AI, big data processing, and scientific computing.
  • Automata — Automata builds ontology-driven enterprise systems that execute. Zenith verifies decisions, grades knowledge, and turns institutional memory into software you can run.
  • Cenyx Biotech — Cenyx Biotech develops diagnostic and therapeutic nano-compounds formed based on nanozymes and nanoparticles.
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Devsisters Ventures
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 6 investments in South Korea Medical startups

Venture Capital firm in Korea. We are interested in early-stage investment in gaming, healthcare/biotech, IT services and high technology companies.

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Investment focus

  • Industry: Software, Biotechnology, Gaming
  • Stage:Series A, Seed
  • Geography: South Korea, United States, Russian Federation

Investor stats

  • Total investments: 109
  • Round size: Seed $1k–$3.5M; Series A $1.4M–$8.2M
  • Lead/follow: 8% lead, 92% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Deeply — Deeply is a sound AI specialized in the unmanned surveillance industry. It also develops AI voice analysis technology designed to analyze non-verbal sounds and extract information. They serve city surveillance, infrastructure, military, rail, air, and port systems.
  • Red Brick House — Red Brick House is a specialized South Korean indie game publisher dedicated to discovering, supporting, and publishing innovative independent games, helping talented developers bring creative and engaging gaming experiences to players across domestic and global markets.
  • AWESOME Entertainment — AWESOME Entertainment is a media and digital content company that provides YouTube content production, influencer and MCN management, advertising and branded content creation, and media commerce services. The comapny supports brands with campaign planning, viral video production, and distribution across multiple social platforms, while alsooffering production outsourcing and partnership services to maximize audience reach and engagement.
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SL Investment
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 6 investments in South Korea Medical startups, 7 in the past 12 months

SL investment (SLi) aims at a company with global standards through management by principle and transparency.SLi is a venture capital firm founded in February 2000 and has widely invested in the companies from early to mezzanine stage, in the field of semiconductors, display (AMOLED, LED, LCD), renewable energy, and health care industry.Since its incorporation, SLi has recorded black-ink balances for 12 consecutive years with zero debt and also has successfully dissolved all the five funds with outstanding earning rates.SLi tries to raise the value of venture companies not only by offering funds but by supporting the management omnidirectionally after its investment. Consequently, 31 companies have been successfully listed in KOSDAQ market for 12 years and all the companies have positioned as leading firms in their specific fields.

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Investment focus

  • Industry: Biotechnology, Medical, Software
  • Stage:Series A, Series B, Seed
  • Geography: South Korea, United States

Investor stats

  • Total investments: 78
  • Round size: Seed $2k–$13M; Series A $1.9M–$17M; Series B $4.2M–$27M
  • Lead/follow: 8% lead, 92% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • StepLab — StepLab is a microsatellite systems company specializing in space mechanism technology, developing innovative satellite platforms and advanced aerospace solutions that support efficient satellite deployment, in-orbit operations, and a wide range of commercial and scientific space missions.
  • Twinny — Twinny specializes in the development of self-driving robots.
  • Cenyx Biotech — Cenyx Biotech develops diagnostic and therapeutic nano-compounds formed based on nanozymes and nanoparticles.
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Mirae Asset Capital
VC Fund · Mumbai, Maharashtra, India · 6 investments in South Korea Medical startups

Mirae Asset Capital Market is a leading global investment banking, securities and institutional business firm that provides a wide range of financial services to a substantial and diversified client base.

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Investment focus

  • Industry: Health Care, Biotechnology, Artificial Intelligence
  • Stage:Series B, Series A, Series C
  • Geography: South Korea, United States, India

Investor stats

  • Total investments: 140
  • Round size: Series A $3M–$47M; Series B $7.5M–$105M; Series C $22M–$291M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • Medifab — Medifab is a bio-healthcare center that offers 3D system testing, measurement analysis, and OEM service.
  • Flexell Space — FLEXELL SPACE primarily focuses on the development and manufacturing of space solar cells, aiming to provide differentiated products for our customers in the space industry
  • Ohouse — No.1 Interior Onestop Platform
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SGI Venture Capital
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 6 investments in South Korea Medical startups

Founded in 2007, SGI (Samho Green Investment) is the first and only venture capital firm in Korea focused on the green growth sector, including renewable energy, green and agricultural technologies. We engage in venture capital and private equity investments for mergers & acquisitions and buyouts, and conduct business as well as engineeringconsulting for our portfolio and client companies.Our investment focus areas are green technology (greentech) commercialization, green infrastructure and agricultural technologies (agritech), as well as early-stage project development. We have an experienced team of in-house greentech specialists and an extensive domestic and international greentech network, which assists us in deal sourcing, value creation and exit management.

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Investment focus

  • Industry: Medical, Software, Health Care
  • Stage:Series A, Series B, Seed
  • Geography: South Korea, Singapore, United States

Investor stats

  • Total investments: 39
  • Round size: Seed $971k–$6M; Series A $1.5M–$17M; Series B $1.1M–$47M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • ClariPi — Claripi provides innovative solutions for the unmet needs in medical imaging fields by integrating smart big data computing & medical imaging technologies.
  • Solivis — Solivis is the manufacturer of solid-state batteries designed for next-generation battery packs. The company's product is used as a secondary battery for electric vehicles and has developed a wet synthesis method that can mass-produce a sulfide-based solid electrolyte with homogeneous high ionic conductivity, enabling clients to significantlyimprove productivity by reducing process costs and shortening the synthesis time.
  • FNCT Biotech — FNCT Biotech develops antibody therapeutics for treating idiopathic pulmonary fibrosis (IPF). To create antibodies that target the underlying cause of IPF, the company's platform uses genetic engineering, providing patients with this medical need with a new treatment option.
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Quantum Ventures Korea
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 6 investments in South Korea Medical startups

Quantum Ventures Korea actively invests in companies within the Technology and Bio/Healthcare industries. The firm manages a portfolio of early to growth-stage companies and continues to look for opportunities across a range of company stages.

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Investment focus

  • Industry: Artificial Intelligence, Software, Medical
  • Stage:Series A, Series B, Seed
  • Geography: South Korea, United States

Investor stats

  • Total investments: 76
  • Round size: Seed $1M–$7.6M; Series A $1.5M–$16M; Series B $3.6M–$30M
  • Lead/follow: 16% lead, 84% follow
  • Last fund: May invest from a new fund soon — raised $34M in 2019

Portfolio highlights

  • Wavelord — Wavelord is a semiconductor company founded in 2019 that develops and manufactures gallium nitride (GaN)–based wafers and chips used in power electronics, RF devices, and microLED displays. The company focuses on compound semiconductor technologies, including GaN epitaxial wafers and microLED components, for applications in communications, energy,and display industries.
  • Plastal — Plastal is a mechanical and chemical engineering company that offers polymer, metal, and mold injection services. The company specializes in using its core technology required for bonding between metal and plastic resin, mold technology, injection conditions, and milling capabilities, enabling manufacturing companies to avail themselves of theproducts they desire.
  • READi Robust Machine — Ready Robust Machine is a company that makes carbon reduction and fuel cost improvement systems.
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Daekyo Investment
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 6 investments in South Korea Medical startups

Daekyo Investment is a venture capital firm specialized in development of venture industry.

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Investment focus

  • Industry: Software, Education, Mobile Apps
  • Stage:Series A, Seed, Series B
  • Geography: South Korea, Hong Kong, United States

Investor stats

  • Total investments: 60
  • Round size: Seed $1.1M–$13M; Series A $1.5M–$8.7M; Series B $497k–$17M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • MOAIS — MOAIS develops a smartphone AI solution that analyzes golf swing problem and offers a lesson solution. It is an on-device AI optimized for smart phones, has a video pose estimation, video segmentation, video classification, video object detection, and image processing of golf swing video.
  • UCONNEC — UConnec is a marketing platform that connects YouTube influencers with advertiser brands.
  • Redrob — McKinley & Rice is a software development and outsourcing company.
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HB Investment
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 6 investments in South Korea Medical startups, 10 in the past 12 months

HB Investment Inc. was founded on November 11, 1999 starting with paid-in Capital of KRW 10 billion.Since its foundation, HB Investment Inc. has been investing small and medium businesses that have the potential for steady growth and profitability and helping the invested companies to grow well by giving various consulting services. As a result,HB Investment Inc.constructed comprehensive portfolio out of various industrial areas, such as game, entertainment, as well as representative high-tech industries related to semiconductor, Internet, LCD, and a smart phone, bio, health care. In addition, HB Investment Inc. has experiences in implementing business Success-fully by organizing several partnership funds for recent years.

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Investment focus

  • Industry: Software, Biotechnology, Artificial Intelligence
  • Stage:Series B, Series A
  • Geography: South Korea, United States, Vietnam

Investor stats

  • Total investments: 149
  • Round size: Series A $1.5M–$8.9M; Series B $3.7M–$25M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • Robros — Robros is constantly creating technology to break through the barrier between people and robots in order to build a world in which everyone in the service industry can live a physically and emotionally happy life.
  • Nventric — Nventric is a medical device company that develops core products for neurovascular, coronary heart, and peripheral vascular applications.
  • Destin Power — Destin Power manufactures power conditioning products designed to improve energy management and safety. The company created the ESS system by utilizing core power electronics technology such as control technology for energy storage systems, static and dynamic grid support technology, and micro-grid inverter technology.
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Mashup Ventures
VC Fund · Seongnam, Kyonggi-do, South Korea · 6 investments in South Korea Medical startups

Mashup Ventures invests in early-stage startups and supports startups to grow quickly through a network of founders.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: South Korea, United States, Indonesia

Investor stats

  • Total investments: 136
  • Round size: Seed $228k–$1.7M; Pre-Seed $100k–$3.2M; Series A $1.4M–$1.7M
  • Lead/follow: 54% lead, 46% follow

Portfolio highlights

  • Rosherin — Rosherin is a healthcare startup that researches, develops and manufactures various medical supplies and medical devices.
  • Addit & Ark — Adit & Ark operates an AI-powered advertising platform that connects brands with Instagram-based digital magazines and content creators, enabling targeted collaborations and more effective marketing campaigns.
  • Retriever — Retrvr provides solutions that automate business processes across governance, risk management, and compliance through AI-based technology, enhancing the efficiency and reliability of an organization's GRC operations.
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Enlight Ventures
VC Fund · 6 investments in South Korea Medical startups, 11 in the past 12 months

Enlight Ventures, one of the fastest growing VCs in the world, invests in early-stage startups with unique and sustainable business models.

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Investment focus

  • Industry: Manufacturing, Information Technology, Artificial Intelligence
  • Stage:Seed, Series A, Series B
  • Geography: South Korea, Indonesia

Investor stats

  • Total investments: 87
  • Round size: Seed $392k–$3.3M; Series A $1.7M–$14M; Series B $2.7M–$20M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • TESOLLO — TESOLLO develops robot and motion presenter products.
  • Aigencore — Aigencore is a specialized, advanced technology company focused on tritium solutions, nuclear fusion fuel cycles, and tritium-applied industrial products.
  • Stress Solution — Based on unique medical and scientific information and ECG waveforms, Stress Solution creates sound that regulates and initiates the equilibrium of the autonomic nervous system. Currently, Healing Bit is utilizing wearable technology to detect stress in real time. Through this, an autonomous feedback system that uses artificial intelligence topredict individual stress level situations and take preventative measures is being developed.
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Shinhan Capital
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 6 investments in South Korea Medical startups

Shinhan Capital is a credit-specialized company offering corporate finance services for its clients. It provides financial services, lease, corporate loans, investment financing, housing loans, installment financing, etc. Shinhan Capital was established in 1991. The company is headquartered in Seoul, South Korea.

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Investment focus

  • Industry: Information Technology, Software, E-Commerce
  • Stage:Series A, Seed, Series B
  • Geography: South Korea, United States, India

Investor stats

  • Total investments: 193
  • Round size: Seed $347k–$4M; Series A $2.1M–$13M; Series B $3.7M–$18M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • Trioar — Trioar is a biotechnological research company that manufacture pharmaceutical products and drugs.
  • Nventric — Nventric is a medical device company that develops core products for neurovascular, coronary heart, and peripheral vascular applications.
  • KB-Element — KB-Element is a graphene development and production company that also turns graphene into intermediate items and novel materials.
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Innopolis Partners
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 6 investments in South Korea Medical startups

Innopolis Partners LLC. is a LLC-type venture capital firm in Korea. Partners of Innopolis Partners are former CEO or Representative Fund Manager of leading venture capital firms, such as Korea Technology Investment, STIC Investment, LG Venture Capital, KTB Network. “Innopolis No. 1 Fund” managed by Innopolis Partners is specialized for hi-techstartups in the Daedeok Innopolis complex. Daedeok Innopolis complex is set up based on former Daedeok R&D complex where most of major national R&D institutes, including ETRI, KAITST, KAERI, KRIBB, are located.

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Investment focus

  • Industry: Manufacturing, Health Care, Biotechnology
  • Stage:Series A, Seed
  • Geography: South Korea, United States, United Kingdom

Investor stats

  • Total investments: 108
  • Round size: Seed $1k–$11M; Series A $891k–$11M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • EMX — emx is an artificial intelligence-based contents digital twin (CDT) & VFX team.
  • Arobot — Arobot creates robots with HRI-based behavior patterns, allowing consumers to embrace robots more readily and organically.
  • Cure Stream — CURESTREAM makes your day more free.
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Industrial Bank of Korea
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 6 investments in South Korea Medical startups

Industrial Bank of Korea (IBK) is committed to honoring its charter of financing small and medium sized enterprises (SMEs). The Bank has extended the scope of its expertise to provide a comprehensive range of financial services to individual customers in a quest to emerge as a leading financial services group. In pursuit of that goal, IBK is makingevery effort to enhance its competitiveness, achieve balanced growth and strengthen its global presence.The Bank employs around 10,000 staff and operates a distribution network of 612 branches including 12 overseas branches. Providing complementary services, the Bank also operates several subsidiaries: IBK Capital Corporation, IBK-SG Asset Management, IBK System Co., Ltd., and IBK Credit Information Corporation. In 2008, IBK Investment & Securities was launched, focused on meeting the needs of SME customers for services such as IPOs and M&As. Moreover, strategic alliance with Korea Investment Holdings enhances product competitiveness and affiliation with the National Post Office promoting easy customer access to IBK banking services.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Series A, Series B, Seed
  • Geography: South Korea, United States, China

Investor stats

  • Total investments: 303
  • Round size: Seed $166k–$4.5M; Series A $2M–$17M; Series B $4.8M–$28M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Gadget Korea — Gadget korea offers data roaming services.
  • Flexell Space — FLEXELL SPACE primarily focuses on the development and manufacturing of space solar cells, aiming to provide differentiated products for our customers in the space industry
  • Raion Robotics — Raion Robotics manufactures walking robots for industrial applications and offers prospects in potential industries such as defense, construction, and logistics.
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UTC Investment Co.
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 5 investments in South Korea Medical startups

Since its incorporation in 1988, UTC Investment has been implementing and developing private equity investments with deep roots in buyout area, diversified human resources, and an impressive track record as a leading global investment firm.

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Investment focus

  • Industry: Biotechnology, Health Care, Medical
  • Stage:Series A, Series B
  • Geography: South Korea, United States, Japan

Investor stats

  • Total investments: 124
  • Round size: Series A $2.3M–$13M; Series B $4.9M–$21M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • Beamworks — Beamworks is a research-centered company in medical imaging and conversational AI, that enables expert-level cancer diagnosis anywhere in the world and providing reliable medical consultations at any time. The company's platform utilizes an on-device AI system that processes ultrasound data in real-time without the need for serverconnectivity, achieving detection sensitivity and differential diagnosis performance, enabling healthcare providers to offer precise and timely diagnostics and improve patient outcomes, and reduce unnecessary procedures.
  • CanLab — CanLab is a developer of AI sensors that focuses on creating optical and thermal cameras, as well as real-time image processing platforms for ground, aerial, and marine mobility. Its product offerings include the Vision Camera, Edge AI Platform, Equipment for Thermal Cameras, and Automotive Camera MES.
  • AD System — AD System focuses on the development, manufacturing, sales and repairing of drones and other unmanned aerial vehicles.
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Woori Venture Partners
VC Fund · Seongnam, Kyonggi-do, South Korea · 5 investments in South Korea Medical startups

Woori Venture Partners is an investment firm.

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Investment focus

  • Industry: Artificial Intelligence, Software, Biotechnology
  • Stage:Series A, Series B, Series C
  • Geography: South Korea, United States, Singapore

Investor stats

  • Total investments: 64
  • Round size: Series A $2.9M–$33M; Series B $4.8M–$73M; Series C $3.5M–$122M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • Return Zero — AI, ASR, Diarization, Speech, ML
  • Prazer Therapeutics — Prazer Therapeutics assists patients suffering from intractable diseases through the use of logical and innovative drug design approaches. They willaccomplished this through the use of new and innovative drug development platforms, such as rational molecular drug design technology and next-generation protein degradation technology.
  • Xnergy Autonomous Power Technologies — Xnergy Autonomous Power Technologies is a universal fast charging platform.
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Kiwoom Investment
VC Fund · Youidodong, Seoul-t'ukpyolsi, South Korea · 5 investments in South Korea Medical startups, 12 in the past 12 months

Kiwoom Investment provides financial assistance with funding for small businesses.

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Investment focus

  • Industry: Information Technology, Software, Artificial Intelligence
  • Stage:Series B, Series A, Series C
  • Geography: South Korea, United States, Japan

Investor stats

  • Total investments: 110
  • Round size: Series A $1.7M–$14M; Series B $4.2M–$22M; Series C $11M–$33M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Dnotitia — Dnotitia is a pioneering AI (Artificial Intelligence) company driving innovative value by integrating AI and data. Founded in October 2023, Dnotitia specializes in developing; Seahorse, a high-performance vector database powered by its proprietary Vector Data Processing Units (VDPU), and Mnemos, a cutting-edge service solution for Large LanguageModels (LLMs). The company also leads the development of sLMs (Small Language Models) and Retrieval-Augmented Generation (RAG) systems, crucial for advancing generative AI technologies and positioning itself at the forefront of AI technology.
  • MangoBoost — Data Processing Unit (DPU) is a next-generation server accelerator designed to orchestrate various intra-server devices (e.g., CPU, GPU, SSD, NPU, NIC). By maximizing the datacenter’s overall performance and cost efficiency, DPU is now considered as the most important HW/SW solution to realize the next-generation extreme-scale AI serverinfrastructure. However, despite its critical necessity from the datacenter and AI infrastructure, there is no market-leading DPU solution which can meet the customer’s actual demand due to its HW/SW complexity and the application/model heterogeneity. MangoBoost is currently the world’s most highly recognized DPU startup located in US and Korea. We provide the world’s most advanced and flexible DPU HW/SW solutions in order to fully satisfy the needs of various customers. Our DPU HW is fully composable by integrating its rich set of DPU features to construct our customer-optimal DPUs. At the same time, our DPU SW enables to seamlessly deploy the solution to any customer environment. As a result, our DPU solutions are considered very promising to realize the next-generation AI/datacenter infrastructure, and thus they are currently evaluated at various global-leading companies. MangoBoost was founded in early 2022 to commercialize 7 year of top-tier DPU research outcomes achieved at Seoul National University (e.g., many full-system DPU prototypes, many ISCA/MICRO/ASPLOS/OSDI/ATC papers). The current team consists of 45+ system engineers including ~20 top-tier PhDs from Carnegie Mellon University, Seoul National University, POSTECH, U Toronto, and ~20 industry experts from Intel, Microsoft, Samsung, and Naver.
  • Featuring — Featuring’s goal is to make it easy for anyone to see and utilize the power of influencers. Today, as companies are accelerating their transition to digital business due to COVID-19, the number of companies leveraging The number of influencers is explosively increasing. Featuring allows brands and marketers to discover product-fit influencers andhelps matching based on their needs. Currently, over 3,600 brands are using Featuring, and more than 8,500 influencer campaigns have been done. As a Korea-based startup, Featuring plans on expanding the business to Far East Asia, including Japan and China.
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SJ Investment Partners
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 5 investments in South Korea Medical startups

SJ Investment Partners is a venture capital firm that invests in the IT and biotechnology industries.

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Investment focus

  • Industry: Biotechnology, Manufacturing, Medical
  • Stage:Series A, Series B, Seed
  • Geography: South Korea, United States, Hong Kong

Investor stats

  • Total investments: 75
  • Round size: Seed $547k–$2.5M; Series A $1.5M–$12M; Series B $4M–$28M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • DevD — DevD is a startup that provides 1:1 customized content and recommendation services based on self-developed lifestyle AI algorithms.
  • Eleven O'Clock — Eleven O'Clock is a space management platform that offers non-face-to-face cleaning of accommodation facilities. The company's platform Keeper innovates space operation and management as the new standard for space management. The efficiency and quality of space management are improved according to the systematic manual of the Keeperplatform. The platform records and communicates every process as data, from management manuals to space status checks.
  • Real Estate Planet — Real Estate Planet is an AI-based real estate platform that provides transaction prices, investment, and management information.
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Shinhan Venture Investment
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 5 investments in South Korea Medical startups

Shinhan Venture Investment operates as an investment company. Shinhan Venture Investment focuses on earlier-stage venture capital investments and later-stage control investments opportunities derived from the latest megatrends such as the aging population, disruptive technologies, IT convergence, alternative energy and etc.

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Investment focus

  • Industry: Biotechnology, Health Care, Software
  • Stage:Series B, Series A, Series C
  • Geography: South Korea, United States, Japan

Investor stats

  • Total investments: 209
  • Round size: Series A $2.2M–$26M; Series B $4.8M–$45M; Series C $7.6M–$71M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • Nventric — Nventric is a medical device company that develops core products for neurovascular, coronary heart, and peripheral vascular applications.
  • Return Zero — AI, ASR, Diarization, Speech, ML
  • Linq — We are creating ‘hyper-automated insurance platforms’ to comprehensively support underwriters and claim adjusters and to facilitate communication between insurers and reinsurers using AI and deep learning.
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WONIK Investment Partners
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 5 investments in South Korea Medical startups, 6 in the past 12 months

Wonik Investment Partners, formerly known as Hanmi Technology Investment Co., Ltd., is a private equity and venture capital firm specializing in investments in incubation, start-up, early and mid-stage companies, growth capital and corporate restructuring. The firm prefers to invest in gaming contents, electronic components, computer,telecommunications equipment, petroleum, energy, machinery and equipment industries. It seeks to exit through an IPO or merger and acquisition. Wonik Investment Partners was established in 1997 and is based in Seoul, South Korea.

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Investment focus

  • Industry: Health Care, Biotechnology, Manufacturing
  • Stage:Series B, Series A, Seed
  • Geography: South Korea, United States, United Kingdom

Investor stats

  • Total investments: 81
  • Round size: Seed $785k–$6.9M; Series A $2.5M–$17M; Series B $1.5M–$19M
  • Lead/follow: 2% lead, 98% follow

Portfolio highlights

  • XCENA — XCENA is a semiconductor company that develops data-centric computing systems designed for AI and large-scale data processing environments. The company builds computational memory technology that combines high-capacity pooled DDR5 memory with near-data processing capabilities, allowing computation to occur closer to where data is stored. Its coreplatform is based on the Compute Express Link (CXL) standard, which enables memory expansion beyond traditional CPU limitations while improving data movement efficiency and reducing latency in data center workloads. XCENA’s architecture is designed to support applications such as artificial intelligence workloads, vector databases, and large-scale analytics by addressing memory bandwidth and capacity constraints. The company provides a hardware-software ecosystem that includes computational memory systems and a full-stack software development kit. This SDK offers APIs, runtime tools, and drivers that allow applications to use computational memory without major changes to existing software architectures while also supporting low-level control for performance optimization.XCENA’s flagship product line includes MX1, a CXL-based computational memory solution that integrates near-data processing engines with memory infrastructure to support AI inference and data-intensive workloads. The platform is designed to improve throughput and scalability in environments where traditional memory architectures become a bottleneck. The company operates in the broader field of AI infrastructure and memory innovation, working with customers such as hyperscalers, telecom providers, and research institutions that manage large-scale computing workloads. Its solutions are intended to improve efficiency in systems handling AI, big data processing, and scientific computing.
  • Dentlink — A state-of-the-art digital dental lab, made by masters. All-on-X, veneers, implant crowns. One dedicated master technician on every case. First case free.
  • Awexome Ray — Awexome Ray is a company that manufactures next-generation X-ray generator.
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Kaist Venture Investment Holdings
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 5 investments in South Korea Medical startups

Kaist Venture Investment Holdings is a startup company that invests in startups that solve social problems through innovative technologies. They invest in businesses that maximize synergy by pursuing both social and financial values at the same time. It focuses on five sectors including health, environment, education, elimination of inequality, andsocial infrastructure. Kaist Venture Investment Holdings was founded on October 31, 2014, and is headquartered in Seoul, South Korea.

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Investment focus

  • Industry: Health Care, Information Technology, Medical
  • Stage:Seed, Grant, Angel
  • Geography: South Korea, United States, Australia

Investor stats

  • Total investments: 45
  • Round size: Seed $149k–$1.5M; Grant $7k–$1.3M
  • Lead/follow: 49% lead, 51% follow

Portfolio highlights

  • Metealth — Metealth is a company that provides simple, non-invasive genetic testing and personalized healthcare solutions using fingernails. It focuses on pain-free genetic testing and health monitoring by extracting high-quality DNA from 0.05g of fingernails rather than blood or saliva.
  • SnapScale — SnapScale develops an ontology-driven, agentic AI platform designed to automate FEED-EPC design and document verification processes for the plant engineering industry. Operating entirely on-premise to protect proprietary data, the system utilizes specialized engineering knowledge graphs to autonomously modify CAD drawings, execute hydrauliccalculations, and verify cross-document consistency. This approach eliminates structural data mismatches and slashes engineering verification cycles from weeks to a single day, preventing costly project delivery penalties.
  • K-Work Partners — K-Work Partners provide comprehensive living support services essential to foreign workers in Korea.
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Murex Partners
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 5 investments in South Korea Medical startups

Murex Partners is a VC firm specializing in thesis-driven investing.

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Investment focus

  • Industry: Software, Artificial Intelligence, Health Care
  • Stage:Series A, Series B, Seed
  • Geography: South Korea, United States, India

Investor stats

  • Total investments: 102
  • Round size: Seed $1.7M–$16M; Series A $2.2M–$11M; Series B $3M–$17M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Tynapse — Secure your AI's decisions and actions in real-time. Tynapse provides the fastest intervention and legal-grade evidence required for high-stakes business.
  • Dentlink — A state-of-the-art digital dental lab, made by masters. All-on-X, veneers, implant crowns. One dedicated master technician on every case. First case free.
  • Medifab — Medifab is a bio-healthcare center that offers 3D system testing, measurement analysis, and OEM service.
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IBK Capital
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 5 investments in South Korea Medical startups, 13 in the past 12 months

IBK Capital is the venture capital arm of the Industrial Bank of Korea (IBK).

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Investment focus

  • Industry: Health Care, Biotechnology, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: South Korea, United States, India

Investor stats

  • Total investments: 114
  • Round size: Seed $2k–$4M; Series A $1.5M–$9.8M; Series B $12k–$22M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • MID — MID specializes in the development, testing, and production of space-related components.
  • FNCT Biotech — FNCT Biotech develops antibody therapeutics for treating idiopathic pulmonary fibrosis (IPF). To create antibodies that target the underlying cause of IPF, the company's platform uses genetic engineering, providing patients with this medical need with a new treatment option.
  • Automata — Automata builds ontology-driven enterprise systems that execute. Zenith verifies decisions, grades knowledge, and turns institutional memory into software you can run.
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Dt& Investment
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 4 investments in South Korea Medical startups

Dt& Investment brings the spirit of Ubuntu to the world of Venture Capital.

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Investment focus

  • Industry: Biotechnology, E-Commerce, Health Care
  • Stage:Series B, Series A, Seed
  • Geography: South Korea, Vietnam, United States

Investor stats

  • Total investments: 62
  • Round size: Seed $2k–$4.5M; Series A $1.5M–$11M; Series B $2.7M–$18M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • Ettifos — Ettifos provides flexible, reliable, and innovative V2X solutions to enable communication between all stakeholders on the road.
  • Inocras — Unlock the potential of a Whole Genome Sequencing Test with Inocras. Transforming diagnosis and treatment for cancer and rare diseases.
  • HANCOM InSpace — Inspace is an aerospace and geospatial intelligence company specializing in satellite ground systems and AI-based Earth observation services. It develops platforms for processing and analyzing satellite, drone, SAR, optical, and infrared imagery to support defense, environment, and commercial monitoring applications. The company also provides droneoperation systems and space data solutions, turning complex geospatial data into actionable intelligence for government and enterprise users.
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Hyundai Investment Partners
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 4 investments in South Korea Medical startups

Hyundai Investment Network Co., Ltd. provides financial advisory, and mergers and acquisitions strategy consulting services. The company offers financial advisory funding; consulting services; advisory services for ship charter and vessel acquisition; and investment services for natural resource exploration, development, and production. It alsoprovides financial product brokerage and project financing services. The company was founded in 2008 and is based in Seoul, South Korea.

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Investment focus

  • Industry: Software, Medical, Health Care
  • Stage:Series A, Series B, Seed
  • Geography: South Korea, United States

Investor stats

  • Total investments: 53
  • Round size: Seed $363k–$3.5M; Series A $891k–$7.8M; Series B $5.9M–$104M
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • Diquest — diquest is a Korean enterprise search engine.
  • Leecell — Leecell is a solar cell manufacturing company that produces organic and perovskite thin‑film photovoltaic cells.
  • Caring — Caring is a visiting medical treatment facility that offers medical consultation.
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IPS Ventures
VC Fund · Seocho, Seoul-t'ukpyolsi, South Korea · 4 investments in South Korea Medical startups

IPS Ventures provides investment support to technology startups in South Korea.

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Investment focus

  • Industry: Apps, Medical, Medical Device
  • Stage:Seed, Series A, Series B
  • Geography: South Korea, United States

Investor stats

  • Total investments: 30
  • Round size: Seed $148k–$4.2M; Series A $1.1M–$9M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • ILias AI — Ilias AI is a startup specializing in digital olfactory (scent) AI technology. It develops AI systems that can detect, analyze, and digitize smells for applications like security, safety, and medical diagnostics. The company aims to build a “scent data platform” that turns odors into measurable and usable AI dat
  • Nventric — Nventric is a medical device company that develops core products for neurovascular, coronary heart, and peripheral vascular applications.
  • Home Check — Home Check provides interior inspection and home management services for private homes and apartment complexes.
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Ascendo Ventures
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 4 investments in South Korea Medical startups

Ascendo Ventures is a Seoul, Korea-based venture capital firm that strives to be a true lifecycle partner for the fastest growing, game-changing Asian tech companies. From the moment we invest in our portfolio companies, we commit to being a long-term partner and ascend together embracing the treme

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Investment focus

  • Industry: E-Commerce, Information Technology, Medical
  • Stage:Seed, Series A, Series B
  • Geography: South Korea, United States, Taiwan

Investor stats

  • Total investments: 42
  • Round size: Seed $443k–$5M; Series A $2.8k–$7.7M; Series B $3.6M–$21M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: Likely still investing — raised $33M in 2021

Portfolio highlights

  • A.drop — A.drop is an advertising solution that effectively leverages first-party (1P) in-app data from both web and mobile app developers to deliver highly personalized and targeted marketing campaigns, driving better engagement, higher conversion rates, and improved return on investment (ROI).
  • ASET — ASET is a technology-based startup developing all-solid-state, composite electrolyte membrane technology that simultaneously improves fire safety and energy density.
  • Awexome Ray — Awexome Ray is a company that manufactures next-generation X-ray generator.
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POSCO CAPITAL
VC Fund · Yeoksamdong, Seoul-t'ukpyolsi, South Korea · 4 investments in South Korea Medical startups, 8 in the past 12 months

POSCO Capital offers financial services.

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Investment focus

  • Industry: Software, Manufacturing, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: South Korea, United States

Investor stats

  • Total investments: 93
  • Round size: Seed $149k–$6.1M; Series A $1.1M–$8.2M; Series B $3.7M–$11M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Mobilint — Mobilint provides integrated sensor fusion and deep learning SoC solutions.
  • Superb AI — Automate data preparation, label and manage images and videos, and find annotation services with one training data platform. Fast, precise, and easy to use.
  • Solarize — Solarize is a company that develops inverters for solar power and green hydrogen facilities.
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SV Investment Corp
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 4 investments in South Korea Medical startups

SV Investment Corp is a venture capital firm that provides companies with finance, strategic advice and information at critical stages of their development.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Series A, Series B, Seed
  • Geography: South Korea, United States, China

Investor stats

  • Total investments: 105
  • Round size: Seed $1.2M–$31M; Series A $1.6M–$24M; Series B $7.1M–$60M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • XCENA — XCENA is a semiconductor company that develops data-centric computing systems designed for AI and large-scale data processing environments. The company builds computational memory technology that combines high-capacity pooled DDR5 memory with near-data processing capabilities, allowing computation to occur closer to where data is stored. Its coreplatform is based on the Compute Express Link (CXL) standard, which enables memory expansion beyond traditional CPU limitations while improving data movement efficiency and reducing latency in data center workloads. XCENA’s architecture is designed to support applications such as artificial intelligence workloads, vector databases, and large-scale analytics by addressing memory bandwidth and capacity constraints. The company provides a hardware-software ecosystem that includes computational memory systems and a full-stack software development kit. This SDK offers APIs, runtime tools, and drivers that allow applications to use computational memory without major changes to existing software architectures while also supporting low-level control for performance optimization.XCENA’s flagship product line includes MX1, a CXL-based computational memory solution that integrates near-data processing engines with memory infrastructure to support AI inference and data-intensive workloads. The platform is designed to improve throughput and scalability in environments where traditional memory architectures become a bottleneck. The company operates in the broader field of AI infrastructure and memory innovation, working with customers such as hyperscalers, telecom providers, and research institutions that manage large-scale computing workloads. Its solutions are intended to improve efficiency in systems handling AI, big data processing, and scientific computing.
  • Asteromorph — We are an AI for Science lab in Seoul. Our mission is to accelerate scientific advancements through the pursuit of superintelligence.
  • Contents Technologies — Content Technologies is a content IP-based company builder.
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Pathfinder H
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 4 investments in South Korea Medical startups

Pathfinder H is a venture capital firm.

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Investment focus

  • Industry: E-Commerce, Biotechnology, Artificial Intelligence
  • Stage:Series A, Series B, Seed
  • Geography: South Korea

Investor stats

  • Total investments: 44
  • Round size: Seed $743k–$6M; Series A $3.1M–$13M; Series B $2.2M–$21M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • ASET — ASET is a technology-based startup developing all-solid-state, composite electrolyte membrane technology that simultaneously improves fire safety and energy density.
  • Beamworks — Beamworks is a research-centered company in medical imaging and conversational AI, that enables expert-level cancer diagnosis anywhere in the world and providing reliable medical consultations at any time. The company's platform utilizes an on-device AI system that processes ultrasound data in real-time without the need for serverconnectivity, achieving detection sensitivity and differential diagnosis performance, enabling healthcare providers to offer precise and timely diagnostics and improve patient outcomes, and reduce unnecessary procedures.
  • Perseus — World Best Hypervisor Security Solutions for SDV
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HG Initiative
VC Fund · Seongdong, Kyonggi-do, South Korea · 4 investments in South Korea Medical startups

HGI runs an impact-driven business, seeking to address diverse social issues through sustainable innovations.

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Investment focus

  • Industry: Health Care, Biotechnology, Medical
  • Stage:Series A, Seed, Series B
  • Geography: South Korea, United States

Investor stats

  • Total investments: 45
  • Round size: Seed $360k–$4M; Series A $1M–$8.2M; Series B $3.8M–$13M
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • Sankun — Sankun offers a digitalized platform that takes a role in establishing the link between buyers and vendors of industrial items.
  • Brewguru — Brewguru is an online beverage store that makes and sells healthy beverages.
  • Dolbom-ui-sin — Caregiver is a specialized platform operator that provides hospitals with advanced nursing solutions, streamlining patient care coordination, enhancing clinical workflows, and supporting specialized nursing practices through intelligent tools and integrated digital systems.
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Medical VC funding in South Korea at a glance

Stats across 855 deals from 632 investors.

632
investors
in South Korea Medical startups
855
deals
in South Korea Medical startups
$3.6M
median round
in South Korea Medical startups
35%
lead investors
lead at least one round
31%
Seed
most common funding stage

Access all 632 VC funds in South Korea Medical startups.

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