# Industrial Bank of Korea

> Industrial Bank of Korea is a VC fund backing Software. See 303 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Seoul, South Korea
- Total investments: 303
- Last investment: Aug 2026
- Lead investor: 7%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/industrial-bank-of-korea
- X (Twitter): https://twitter.com/smart_ibk
- Website: http://www.ibk.co.kr/
- Facebook: https://www.facebook.com/smart.ibk

Industrial Bank of Korea is a VC fund in Seoul focused on Software and Artificial Intelligence. 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.

## Contacts

5 contacts available for Industrial Bank of Korea. Shizune tracks 2 team members at Industrial Bank of Korea. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/industrial-bank-of-korea?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $166k–$4.5M |
| Series A | $2M–$17M |
| Series B | $4.8M–$28M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 32 | 11% |
| Artificial Intelligence | 31 | 10% |
| Information Technology | 27 | 9% |
| Health Care | 26 | 9% |
| Biotechnology | 20 | 7% |

236 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 71 | 23% |
| Series B | 63 | 21% |
| Seed | 41 | 14% |
| Series C | 19 | 6% |
| Funding Round | 19 | 6% |

12 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| South Korea | 206 | 68% |
| United States | 6 | 2% |
| China | 1 | 0% |
| Nigeria | 1 | 0% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Byun Ye-seul | Manager | 1 | https://shizune.co/investors/profile/byun-ye-seul |
| Kim Do Jin | Chief Executive Officer | 0 | https://shizune.co/investors/profile/kim-do-jin |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Solarstic | Solarstic is an innovative, eco-friendly energy technology startup specializing in the development of lightweight, high-efficiency solar modules designed to make clean energy more accessible, scalable, and sustainable for residential, commercial, and off-grid applications. | $2.1M | Seed | Aug 10, 2026 |  |
| GREENDA | GREENDA is a bio-aviation oil and gas raw material manufacturing company. | $3.3M | Series A | Jul 21, 2026 |  |
| Flexell Space | Flexell Space engages in space solar cells, focusing on improving cost, delivery, design, and power efficiency. | $20M | Series A | Jul 14, 2026 |  |
| ArcGen Bioscience | ArcGen Bioscience is a biopharmaceutical development company focused on researching, developing, and advancing innovative therapeutic solutions to address unmet medical needs through cutting-edge biotechnology and drug development. | $6.7M | Series A | Jul 13, 2026 |  |
| AB180 | AB180 is a marketing technology company that develops software for app growth, user acquisition, engagement, attribution, and monetization. The company provides a full-stack AI platform that helps businesses measure marketing performance, optimize customer acquisition, improve user retention, and maximize revenue across mobile apps, games, anddigital services. Its product portfolio includes Airbridge, a mobile measurement partner (MMP) and attribution platform; DeepLink Plan, a deep linking and user journey optimization solution; and Airflux, an AI-powered monetization platform for mobile games. Together, these products enable businesses to measure cross-platform marketing performance, predict customer lifetime value (LTV), detect ad fraud, automate in-app advertising and purchase optimization, and deliver personalized user experiences.AB180 also provides AI-driven analytics, customer engagement, and marketing automation solutions that integrate with enterprise platforms and advertising ecosystems. Its technologies leverage machine learning to optimize marketing campaigns, improve conversion rates, automate monetization experiments, and generate actionable insights from user behavior. In addition to its proprietary products, the company is a strategic implementation and consulting partner for platforms such as Amplitude and Braze, helping organizations deploy and optimize data-driven growth strategies. | $13.7M | Series C | Jul 01, 2026 |  |
| Dentlink | Dentlink aims to advance human oral health care by integrating digital technology. | $7.8M | Series B | Jun 23, 2026 |  |
| Nexusbe | Nexusbe is a manufacturer of atomic layer equipment technology intended to provide vacuum deposition equipment. | $7.2M | Series C | Jun 18, 2026 |  |
| 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. | $10.2M | Series B | May 19, 2026 |  |
| Spark Biopharma | SPARK BioPharma Co., Ltd. was established in Seoul National University in January 2016 based on the unique drug molecule diversity technology, the image-based screening technology using the unique fluorescent skeleton probe, and the target protein identification technology in the initial drug development stage. We are currently exploring anddeveloping new drug candidates using these three core technologies, and we will continue to accelerate the development of new drugs and increase the success rate through strategic cooperation research with domestic and overseas research institutes and pharmaceutical institutions. ' | $21.4M | Venture - Series Unknown | May 11, 2026 |  |
| 3billion | 3billion was founded with the goal of ending the diagnostic odyssey of rare disease patients through comprehensive genetic testing. It has reduced the amount of time and cost that was previously required for genome interpretation by using bioinformatics and machine learning technology, making genome-scale rare disease genetic testing affordable forpatients in need.The company was established in 2016 and is headquartered in Seoul, South Korea. | $11.8M | Post-IPO Equity | Apr 23, 2026 |  |

10 of 303 investments shown.

## Co-investors
- [Korea Development Bank](https://shizune.co/investors/profile/korean-development-bank) — VC Fund, 52 deals together
- [Korea Development Bank](https://shizune.co/investors/profile/kdb-industrial-bank) — VC Fund, 24 deals together
- [Korea Investment Partners](https://shizune.co/investors/profile/korea-investment-partners) — VC Fund, 24 deals together
- [KB Investment](https://shizune.co/investors/profile/kbinvest) — VC Fund, 20 deals together
- [LB Investment](https://shizune.co/investors/profile/lb-investment) — VC Fund, 18 deals together
- [Mirae Asset Venture Investment](https://shizune.co/investors/profile/mirae-asset-venture-investment) — VC Fund, 18 deals together

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## FAQ

### What does Industrial Bank of Korea invest in?

Industrial Bank of Korea invests primarily in Software, Artificial Intelligence and Information Technology startups, most often at Series A and Series B stage. Most of the 303 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 Industrial Bank of Korea's check size?

Industrial Bank of Korea typically joins rounds of $166k–$4.5M at Seed, $2M–$17M at Series A and $4.8M–$28M 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 Industrial Bank of Korea participates in.

### How do I contact Industrial Bank of Korea?

Public channels for Industrial Bank of Korea include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Industrial Bank of Korea?

The team at Industrial Bank of Korea includes Byun Ye-seul (Manager) and Kim Do Jin (Chief Executive Officer). The Team section lists each member with their title, investment count and links.

### 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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