Korea Development Bank
VC Fund
Seoul, South Korea
Korea Development Bank is a VC fund in Seoul focused on Artificial Intelligence and Software. The Korea Development Bank (KDB) provides long-term financing for projects designed to assist Koreaâ€:tm:s economic growth and development. It offers equipment capital loans and working capital loans to Korean private enterprises that undertake major industrial projects. The bank also extends guarantees to its clients to facilitate their otherborrowings and to finance major industrial projects. KDB guarantees Won-denominated corporate debentures, local currency loans, and other Won liabilities and foreign currency loans from domestic and overseas Korean financial institutions and from foreign institutions. The bankâ€:tm:s other activities include engagement in a range of industrial development activities, including conducting economic and industrial research; performing engineering surveys; providing business analyses and managerial assistance; and offering trust services. As of June 30, 2007, KDB had 40 local branches, 6 overseas branches, and 2 overseas offices. The bank was founded in 1954 and is headquartered in Seoul, South Korea.
- Total investments:
- 388
- Last investment:
- Lead investor:
- 14%
Last updated:
For AI agents: llms.txt
Industries Korea Development Bank invests in
Stages Korea Development Bank invests in
Countries Korea Development Bank invests in
Round sizes
Contacts
| Name | Phone | Socials | |
|---|---|---|---|
Round size
- Series A
- $1.9M–$26M
- Series B
- $4.7M–$31M
- Series C
- $7.1M–$51M
Investment Focus
Industry
- Artificial Intelligence 61 (16%)
- Software 59 (15%)
- Information Technology 45 (12%)
- Manufacturing 36 (9%)
- Biotechnology 32 (8%)
Stage
- Series B 130 (34%)
- Series A 91 (23%)
- Series C 64 (16%)
- Venture - Series Unknown 36 (9%)
- Seed 18 (5%)
Country
- South Korea 297 (77%)
- United States 15 (4%)
- Japan 2 (1%)
- China 1 (0%)
- India 1 (0%)
Team
| Name | Title | Investments | Links | |
|---|---|---|---|---|
Adolfo Abueg
Co-Head of Project Finance, Asia Pacific
|
Co-Head of Project Finance, Asia Pacific | Total investments: 0 | Find email | |
Dong-gull Lee
CEO
|
CEO | Total investments: 1 | Find email | |
James Ryu
Credit Officer
|
Credit Officer | Total investments: 1 | Find email | |
Sung Suh
Team Leader
|
Team Leader | Total investments: 0 | Find email |
Investments
| Company | Description | Round | Links |
|---|---|---|---|
| AD System focuses on the development, manufacturing, sales and repairing of drones and other unmanned aerial vehicles. | $9.4M / Series A / Sep 19, 2026 | ||
| Turing is a representative AI learning platform for math education. | $5.1M / Series B / Sep 01, 2026 | ||
| Nexeon is a leading international developer and manufacturer of breakthrough silicon-based anode materials for rechargeable lithium-ion batteries. These are fundamental to the achievement of ‘net zero’ and a sustainable environment.Nexeon’s battery materials enable significantly higher cell energy density, allowing the design of lighter, smallerand more cost effective batteries. In turn, this leads to enhanced performance for an increasing range of diverse consumer and commercial markets, including electric vehicles, where range and charging times can beneficially be impacted.Nexeon is based in Oxfordshire with operations in Japan. It has a well-established multi-disciplinary technical team with a wide range of expertise. For more details, please visit https://www.nexeon.co.uk | $135.4M / Venture - Series Unknown / Aug 31, 2026 | ||
| Wrtn Technologies develops an AI-powered writing assistant through NLP-based AI. | $72.2M / Series C / Aug 26, 2026 | ||
| LINER is Asia’s first AI Agent that helps users accomplish more with less time and effort “AI Workspace”, known as the autonomous agent, performs various and complex tasks requested by users using LLM-based AI, differentiated by LINER’s highlighter database. More than 94% of LINER's users are from outside Korea & more than 100 countries.We are reducing our customer’s research time from hundreds of minutes to tens of seconds every day with our product. | $36.1M / Series C / Aug 25, 2026 | ||
| Unmanned Exploration Laboratory manufactures multirotor drones, fixed-wing aircraft, and unmanned vehicles for space exploration. | $7.2M / Seed / Aug 20, 2026 | ||
| iHW is an AI semiconductor company that develops ultra-low-power analog AI chips using Analog Compute-in-Memory (ACiM) technology for mobile and edge devices. The company builds analog-digital computing architectures to improve power efficiency and performance in on-device AI processing. | $37.1M / Series A / Aug 19, 2026 | ||
| N.Light is a Metaverse 3D design software that allows individuals to effortlessly turn their ideas into reality. | $10.6M / Venture - Series Unknown / Aug 10, 2026 | ||
| Ready Robust Machine is a company that makes carbon reduction and fuel cost improvement systems. | $9.4M / Series B / Aug 04, 2026 | ||
| MID specializes in the development, testing, and production of space-related components. | $10.8M / Series A / Jul 29, 2026 | ||
| See all 388 investments → | |||
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FAQ
What does Korea Development Bank invest in?
Korea Development Bank invests primarily in Artificial Intelligence, Software and Information Technology startups, most often at Series B and Series A stage. Most of the 388 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 Korea Development Bank's check size?
Korea Development Bank typically joins rounds of $1.9M–$26M at Series A, $4.7M–$31M at Series B and $7.1M–$51M at Series C. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Korea Development Bank participates in.
How do I contact Korea Development Bank?
Public channels for Korea Development Bank include LinkedIn, the website linked on this profile and Facebook. 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 Korea Development Bank?
The team at Korea Development Bank includes Adolfo Abueg (Co-Head of Project Finance, Asia Pacific), Dong-gull Lee (CEO) and James Ryu (Credit 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 Oct 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.
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