# Daesung Investment

> Daesung Investment is a VC fund backing Service Industry, Gaming and PC Games. See 13 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Total investments: 13
- Last investment: Sep 2023
- Lead investor: 0%
- Last updated: Aug 2026

Daesung Investment is a VC fund focused on Service Industry and Gaming. Daesung Investment

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1.3M–$2.2M |
| Series A | $2.6M–$9.7M |
| Series B | $13M–$21M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Service Industry | 3 | 23% |
| Gaming | 2 | 15% |
| PC Games | 2 | 15% |
| Transportation | 2 | 15% |
| B2B | 1 | 8% |

39 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 4 | 31% |
| Series A | 3 | 23% |
| Series B | 3 | 23% |
| Funding Round | 2 | 15% |
| Series C | 1 | 8% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Fitin | Fitin is a startup developing a subscription service model for replacing batteries in commercial electric vehicles such as taxis and cargo trucks.FitIn was known for its technological prowess in that it used its unique battery swap technology to overcome charging problems and remaining battery life (SOH), which were recurring problems in commercialelectric vehicles. Battery swap is a technology that replaces a depleted battery with a fully charged battery. | $1.5M | Seed | Sep 20, 2023 |  |
| Polestar Games | Polestar Games creates the MMORPG 'Project N' for PC and console platforms. Project N is an open-world game set in a medieval dark fantasy setting. Many believe that market aspirations for a AAA-level MMORPG that supports both PC and consoles are unrealistic. | $2.2M | Seed | Sep 20, 2023 |  |
| Armored Fresh | Armored Fresh is a food company that produces plant-based cheese from almond milk. It aims to create a more sustainable world by producing cheese that is better for people and animals. It also wanted to create a plant-based cheese that tastes and feels like dairy cheese, and it believes it has accomplished this with its technology. | $21.3M | Series B | May 17, 2022 |  |
| ALPHACIRCLE Inc. | ALPHACIRCLE Co., Ltd. is a software development company where it supplies an ultra-high-definition playback solution for VR video. The VR we encounter in real life suffers from dismal video quality due to its inherent problems. As video quality is a fundamental aspect of visual media, these problems lead to poor content quality and may affect ourVR experiences such as dizziness or motion sickness. To this end, ALPHACIRCLE was established to resolve such issues and deliver incredible VR experiences.After about two years of in-depth research and development, ALPHACIRCLE has come up with the world's most competitive and unsurpassed VR technology. Based on this, we successfully supplied our VR playback solution for the first time at the end of 2019. And since then, we have been continuously developing immersive content business with various partners such as CJ ENM and Genie Music. In the second half of 2021, ALPHACIRCLE firstly won the grand prize at the 'Korea Venture and Startup Patent Awards' and was also selected as one of the 'Top 13 Promising Korean Startups' by 'TechCrunch' in North America. Besides, we have been steadily acknowledged for its technology and growth potential through receiving venture certifications and various other recognitions in the tech industry. Moreover, we successfully attracted pre-series A investment earlier this year (2022) and now we are in the next stage to take a bigger leap forward. We expect ourselved to be funded in Series A round in the 2nd half of year 2023 !! Thank you so much for your attentions and interests ! | $1.3M | Seed | Dec 31, 2021 |  |
| BIGPICTURE | BIGPICTURE is an eSports and gaming company that develops platforms, tournaments, media content, and education services for gamers. The company operates across esports event management, gaming media, platform business, and marketing initiatives. | $13.8M | Series B | Aug 27, 2021 |  |
| mangrove | mangrove is a real estate and rental services provider. | $13.5M | Series B | Jan 28, 2021 |  |
| NYOU | NYOU is a game development company that develops games for recreational purposes. | $17.2M | Series C | Oct 06, 2020 |  |
| Dohands | Dohands provides customized logistics services. | $5.5M | Series A | Dec 23, 2019 |  |
| Nature Gluetech | Nature Gluetech develops mass production technology and commercialization technology for bioadhesives. | $3.1M | Series A | Mar 31, 2019 |  |
| Tenfingers | With Seoul Date Pop, couples no longer have to google daily new date course and check other customers' feedback on those spots. Tenfingers offer date course curation service for 20~30s couples with well-organized and high quality contents that team members made by themselves. |  | Seed | Aug 22, 2018 |  |

10 of 13 investments shown.

## Co-investors
- [KB Investment](https://shizune.co/investors/profile/kbinvest) — VC Fund, 2 deals together
- [Korea Development Bank](https://shizune.co/investors/profile/kdb-industrial-bank) — VC Fund, 2 deals together
- [Korea Development Bank](https://shizune.co/investors/profile/korean-development-bank) — VC Fund, 2 deals together
- [Maple Investment Partners](https://shizune.co/investors/profile/maple-investment-partners) — VC Fund, 2 deals together
- [Aju IB Investment](https://shizune.co/investors/profile/aju-ib-investment) — VC Fund, 1 deal together
- [Behi Investment](https://shizune.co/investors/profile/behi-investment) — VC Fund, 1 deal together

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## FAQ

### What does Daesung Investment invest in?

Daesung Investment invests primarily in Service Industry, Gaming and PC Games startups, most often at Seed and Series A stage. Most of the 13 investments tracked by Shizune back companies in South Korea. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Daesung Investment's check size?

Daesung Investment typically joins rounds of $1.3M–$2.2M at Seed, $2.6M–$9.7M at Series A and $13M–$21M at Series B. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Daesung Investment participates in.

### When did Daesung Investment last invest?

The most recent investment recorded for Daesung Investment closed in Sep 2023. Shizune tracks 13 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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