# Hillspring Investment (HSI)

> Hillspring Investment (HSI) is a VC fund in Seoul backing Blockchain, B2B and Beauty. See 6 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Seoul, South Korea
- Total investments: 6
- Last investment: Sep 2025
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/hillspring
- Website: http://www.hillspring.co

Hillspring Investment (HSI) is a VC fund in Seoul focused on Blockchain and B2B. Based in Seoul, Hillspring Investment is a venture capital firm focused on technology investments

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Blockchain | 2 | 33% |
| B2B | 1 | 17% |
| Beauty | 1 | 17% |
| Medical | 1 | 17% |
| Analytics | 1 | 17% |

19 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 3 | 50% |
| Series C | 2 | 33% |
| Seed | 1 | 17% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| South Korea | 4 | 67% |
| United States | 1 | 17% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Yeoshin | Yeoshin is a skin treatment information platform. | $7.2M | Series C | Sep 08, 2025 |  |
| MBD | MBD is a biotechnology company that specializes in 3D cell culture platforms. | $11.9M | Series C | Aug 14, 2025 |  |
| MarqVision | MarqVision helps global brands remove counterfeits from online marketplaces. | $16M | Series A | Oct 02, 2024 |  |
| Sionic AI | Sionic AI is an information technology company that offers customized artificial intelligence platform services for business enterprises. It allows companies to design, manage, and utilize tailored AI services for business development and management. | $4.1M | Seed | Mar 15, 2024 |  |
| CryptoQuant | CryptoQuant is a community-driven analytics platform to lower hurdles of data-based decisions. Crypto investors often fail to make data-based decisions due to a lack of time and knowledge. We lower the hurdles of data-based decisions by saving research time and decreasing the knowledge gap. | $6.3M | Series A | Jul 03, 2023 |  |
| Team Blackbird | Team Blackbird created CryptoQuant, an on-chain data analysis software. It offers in-depth blockchain data research and insights to institutional clientele. It assists institutional clients in making more accurate judgments by evaluating blockchain transaction data, money flows, and market behavior, as well as providing risk management andmonitoring tools. | $6.4M | Series A | Jun 29, 2023 |  |

6 of 6 investments shown.

## Co-investors
- [Atinum Partners](https://shizune.co/investors/profile/atinum-investment) — VC Fund, 3 deals together
- [Atinum Partners](https://shizune.co/investors/profile/atinum-partners) — VC Fund, 3 deals together
- [IMM Investment](https://shizune.co/investors/profile/imm-investment) — VC Fund, 3 deals together
- [Bass Investment](https://shizune.co/investors/profile/bass-investment) — VC Fund, 2 deals together
- [SK](https://shizune.co/investors/profile/sk-inc) — VC Fund, 2 deals together
- [AFW Partners](https://shizune.co/investors/profile/afw-partners) — VC Fund, 1 deal together

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## Featured in investor lists
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## FAQ

### What does Hillspring Investment (HSI) invest in?

Hillspring Investment (HSI) invests primarily in Blockchain, B2B and Beauty startups, most often at Series A and Series C stage. Most of the 6 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 Hillspring Investment (HSI) last invest?

The most recent investment recorded for Hillspring Investment (HSI) closed in Sep 2025. Shizune tracks 6 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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