# Kona Venture Partners

> Kona Venture Partners is a VC fund backing Gaming, Video Games and Casual Games. See 39 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Total investments: 39
- Last investment: May 2026
- Lead investor: 8%
- Last updated: Aug 2026

Kona Venture Partners is a South Korea-based venture capital investment firm.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $741k–$6.8M |
| Series A | $2.9M–$11M |
| Series B | $1.5M–$83M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Gaming | 12 | 31% |
| Video Games | 5 | 13% |
| Casual Games | 5 | 13% |
| Mobile Apps | 4 | 10% |
| Online Games | 4 | 10% |

55 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 16 | 41% |
| Series A | 12 | 31% |
| Series B | 5 | 13% |
| Funding Round | 2 | 5% |
| Venture - Series Unknown | 2 | 5% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| South Korea | 24 | 62% |
| United States | 4 | 10% |
| Russian Federation | 1 | 3% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Markoville | Markoville is an entertainment content company that develops animation, games, comics, and character-based intellectual property (IP) using a media-mix strategy. It focuses on creating fun, family-friendly characters and storytelling content across multiple platforms. |  | Venture - Series Unknown | May 14, 2026 |  |
| Cave Duck | Caveduck is an AI character chat platform where you can create, customize, and talk to virtual characters across web and mobile (iOS and Android). It focuses on AI character chats rather than general-purpose Q&A, letting you pick or design personas with specific traits, backstories, and moods. | $2.8M | Series A | Apr 02, 2026 |  |
| Warp Space | Warp Space is a South Korea-based AI entertainment company founded in 2023 that develops and operates CAVEDUCK, a generative AI character chat and interactive storytelling platform. Warp Space focuses on long-term character consistency and contextual storytelling through proprietary memory and context management technologies. | $2.9M | Series A | Apr 02, 2026 |  |
| Fika.d | Gen AI tool that converts existing videos into multiple short-form videos with a single click. | $1.1M | Seed | Oct 24, 2025 |  |
| StudioBside | StudioBside is a mobile game developer based in Korea. |  |  | Jul 23, 2025 |  |
| StudioBside | StudioBside is a mobile game developer based in Korea. | $1.5M | Series B | Jul 23, 2025 |  |
| ActionFit | ActionFit is a video game company with expertise in developing and publishing video games for the mobile platform. |  | Series A | Jul 14, 2025 |  |
| Markoville | Markoville is an entertainment content company that develops animation, games, comics, and character-based intellectual property (IP) using a media-mix strategy. It focuses on creating fun, family-friendly characters and storytelling content across multiple platforms. | $3.1M | Series A | Feb 07, 2025 |  |
| GPUN | GPUN is a platform that enables individuals to build games. | $4.8M | Seed | Feb 06, 2025 |  |
| D-ZARD | D-ZARD is a next-generation game studio garnering attention for its development capabilities and unique IP. D-ZARD is accelerating the development of the return of a masterpiece, Princess Maker COR (Karen), and the stylish action battle royale Asurajang. | $6.8M | Seed | Dec 30, 2024 |  |

10 of 39 investments shown.

## Co-investors
- [Kakao Ventures](https://shizune.co/investors/profile/kakao-ventures) — VC Fund, 6 deals together
- [Devsisters Ventures](https://shizune.co/investors/profile/devsisters-ventures) — VC Fund, 4 deals together
- [Korea Investment Partners](https://shizune.co/investors/profile/korea-investment-partners) — VC Fund, 4 deals together
- [Laguna Investment](https://shizune.co/investors/profile/laguna-investment) — VC Fund, 4 deals together
- [Hana Ventures](https://shizune.co/investors/profile/hana-ventures) — VC Fund, 3 deals together
- [Kakao Games](https://shizune.co/investors/profile/kakao-games) — VC Fund, 3 deals together

## Similar investors

### Similar industry
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [SV Angel](https://shizune.co/investors/profile/sv-angel) — VC Fund
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### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
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### Similar country
- [Strong Ventures](https://shizune.co/investors/profile/strong-ventures) — VC Fund
- [Korea Credit Guarantee Fund](https://shizune.co/investors/profile/korea-credit-guarantee-fund) — VC Fund
- [Kakao Ventures](https://shizune.co/investors/profile/kakao-ventures) — VC Fund

## Featured in investor lists
- [Gaming Investors in South Korea](https://shizune.co/investors/gaming-investors-south-korea)
- [Gaming VC Funds in South Korea](https://shizune.co/investors/gaming-vc-funds-south-korea)
- [Media (entertainment) Investors in South Korea](https://shizune.co/investors/media-entertainment-investors-south-korea)
- [Media (entertainment) VC Funds in South Korea](https://shizune.co/investors/media-entertainment-vc-funds-south-korea)
- [Media (entertainment) Investors in South Korea](https://shizune.co/investors/media-entertainment-investors-south-korea)
- [Media (entertainment) VC Funds in South Korea](https://shizune.co/investors/media-entertainment-vc-funds-south-korea)

## FAQ

### What does Kona Venture Partners invest in?

Kona Venture Partners invests primarily in Gaming, Video Games and Casual Games startups, most often at Seed and Series A stage. Most of the 39 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 Kona Venture Partners's check size?

Kona Venture Partners typically joins rounds of $741k–$6.8M at Seed, $2.9M–$11M at Series A and $1.5M–$83M 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 Kona Venture Partners participates in.

### When did Kona Venture Partners last invest?

The most recent investment recorded for Kona Venture Partners closed in May 2026. Shizune tracks 39 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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