# HB Investment Inc.

> HB Investment Inc. is a VC fund backing E-Commerce, Medical and Health Care. See 12 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Total investments: 12
- Last investment: Dec 2024
- Lead investor: 8%
- Last updated: Aug 2026
- Website: https://www.hbvc.co.kr/

HB Investment Inc. is a Korean Venture Capital.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| E-Commerce | 3 | 25% |
| Medical | 2 | 17% |
| Health Care | 2 | 17% |
| Biotechnology | 2 | 17% |
| Dental | 1 | 8% |

33 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series B | 5 | 42% |
| Series A | 4 | 33% |
| Funding Round | 2 | 17% |
| Series C | 1 | 8% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| South Korea | 9 | 75% |
| Indonesia | 1 | 8% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| MakinaRocks | Founded in December 2017, MakinaRocks is a startup specializing in industrial machine intelligence solutions. The company develops industrial AI solutions and a machine learning platform. MakinaRocks’s solutions mitigate the challenges of industries sites—optimizing production quality and process efficiency of the automotive, energy, semiconductor,and battery sectors. Built for ML engineers, MakinaRocks’s end-to-end ML platform covers integral machine learning and model development processes, enhancing while simplifying the transition to AI. | $12M |  | Dec 31, 2024 |  |
| mangrove | mangrove is a real estate and rental services provider. | $9.3M |  | Feb 01, 2023 |  |
| mangrove | mangrove is a real estate and rental services provider. | $10.2M | Series B | Feb 01, 2023 |  |
| NeoNesia | Fintech solution and platform provider for prepaid top-ups targeting Indonesia | $6.1M | Series B | Sep 16, 2022 |  |
| HMC Networks | Hmcnetworks leads service innovation, resolving the imbalance of information in the medical industry by using big data. | $10.4M | Series B | Sep 02, 2021 |  |
| Yipscell | Yipscell is a biotech company that develops IPSC stem cell therapy to diagnose and treat incurable diseases. | $10.7M | Series A | Jun 09, 2021 |  |
| The Mamma | The Mamma is a life omni-platform company that delivers the freshest food ingredients from local marts to customers. | $11.2M | Series B | Feb 05, 2021 |  |
| Mommaeat | Mommaeat is a Korea based O2O shopping mart. | $13.5M | Series B | Feb 05, 2021 |  |
| HMC Networks | Hmcnetworks leads service innovation, resolving the imbalance of information in the medical industry by using big data. | $1.6M | Series A | Mar 25, 2020 |  |
| MX Bio | MX Bio is a MedTech startup that is addressing periodontal disease, also known as gum disease, an ailment that affects approximately 11.2% of the world’s population.MX Bio has developed a suite of three complimentary solutions to help prevent periodontal disease, and to cure it once it becomes a problem:1. A biodegradable chip that is insertedbetween the teeth and releases medication in a controlled manner during one week of effective, efficient treatment, killing the germs that cause periodontal disease. 2. A compound antibiotic ointment that has completed successful preclinical trials.3. An ointment and membrane type periodontal regeneration inducer.MX Bio's solutions have been developed with ultimate efficacy in mind. The company can deliver them for around 30% of the current market price, across the product range. | $2.4M | Series A | Mar 02, 2020 |  |

10 of 12 investments shown.

## Co-investors
- [KB Securities](https://shizune.co/investors/profile/kb-securities) — VC Fund, 3 deals together
- [TS Investment](https://shizune.co/investors/profile/ts-investment-8181) — VC Fund, 3 deals together
- [ES Investor](https://shizune.co/investors/profile/es-investor) — VC Fund, 2 deals together
- [Hana Ventures](https://shizune.co/investors/profile/hana-ventures) — VC Fund, 2 deals together
- [IBK Securities](https://shizune.co/investors/profile/ibk-securities) — VC Fund, 2 deals together
- [LSK Investment](https://shizune.co/investors/profile/lsk-investment) — VC Fund, 2 deals together

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## Featured in investor lists
- [Food and Beverage Investors in South Korea](https://shizune.co/investors/food-and-beverage-investors-south-korea)
- [Food and Beverage VC Funds in South Korea](https://shizune.co/investors/food-and-beverage-vc-funds-south-korea)

## FAQ

### What does HB Investment Inc. invest in?

HB Investment Inc. invests primarily in E-Commerce, Medical and Health Care startups, most often at Series B and Series A stage. Most of the 12 investments tracked by Shizune back companies in South Korea. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did HB Investment Inc. last invest?

The most recent investment recorded for HB Investment Inc. closed in Dec 2024. Shizune tracks 12 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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