# LB Private Equity

> LB Private Equity is a VC fund in Seoul backing Fuel, Beauty and Energy. See 6 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Seoul, South Korea
- Total investments: 6
- Last investment: Aug 2025
- Lead investor: 17%
- Last updated: Aug 2026
- Website: http://lb-pe.com/

LB Private Equity is a VC fund in Seoul focused on Fuel and Beauty. LB Private Equity investment specializes in growth capital that supports the necessary funds and management of growing companies and the Secondary Fund. The firm attract, develop, and retain talented professionals with deep industry knowledge and wide networks of resources. It was founded in 2017 and headquartered in Gangnam-gu, Seoul.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Fuel | 1 | 17% |
| Beauty | 1 | 17% |
| Energy | 1 | 17% |
| Internet | 1 | 17% |
| Cosmetics | 1 | 17% |

14 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Venture - Series Unknown | 3 | 50% |
| Series E | 1 | 17% |
| Private Equity | 1 | 17% |
| Secondary Market | 1 | 17% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| BENOW | BENOW is a Korea-based beauty company focused on developing and distributing skincare and cosmetic products. It builds K-beauty brands and operates both online and offline retail channels to reach global consumers. The company emphasizes product innovation, brand development, and international expansion of Korean beauty offerings across multiplemarkets. | $10M | Secondary Market | Aug 20, 2025 |  |
| BENOW | BENOW is a Korea-based beauty company focused on developing and distributing skincare and cosmetic products. It builds K-beauty brands and operates both online and offline retail channels to reach global consumers. The company emphasizes product innovation, brand development, and international expansion of Korean beauty offerings across multiplemarkets. | $11.2M | Venture - Series Unknown | Aug 21, 2024 |  |
| INSUNGDATA | INSUNGDATA is an IT company specialising in logistics, supply chain, and software solutions. Known for developing advanced data platforms and services, it supports digital transformation for businesses with tailored technology, consulting, and system integration expertise. |  | Venture - Series Unknown | Jan 01, 2022 |  |
| Clean Korea | Clean Korea produces gasoline, kerosene, distillate fuel oils, residual fuel oils, and lubricants.Their business policies are guided by principles and transparency, as they respect individual abilities and creative minds. They strive to attain the leading market share in recycling and pave the way as front-runners in developing new markets.Customers who love Clean Korea Co., Ltd. firmly believe that environmental business is not merely a profit-driven endeavor for short-term gains or future growth.They hold the belief that a company's true purpose should be the pursuit of infinite value, aiming to preserve the beauty of rivers and mountains for future generations. They emphasize the importance of maximizing resource efficiency through recycling, especially in an era marked by the depletion of the earth's resources.Clean Korea Co., Ltd. is dedicated to being a company that stands by its side, breathing together with its customers. They are committed to the macroscopic goal of preserving the Earth's beauty and passing it down to future generations. No effort will be spared in this endeavor. |  | Private Equity | Jan 01, 2021 |  |
| KOC Electric | KOC Electric specializes in manufacturing electrical transformers and electronic systems. The company provides customers with quality high voltage, electric, dry, and immunity transformers at competitive prices. |  | Venture - Series Unknown | Jan 01, 2021 |  |
| Socar | Socar is a Korean eco-friendly car sharing community that allows travelers to share cars with others who are traveling the same route.Socar has raised an $18 million round of funding in 2015 which was one of the highest funding deals for a South Korean startup to date. Most notably, it was led by a US investor: Bain Capital, a private investmentfirm with $80 billion in assets under management.Socar was founded in March 2012, and it has a website and smartphone apps that let users book cars for their own use. Service has over 1,700,000 registered users, 50,000 of whom use the service each month. Around 80,000 transactions per month — that’s more than one car booking each 30 seconds. | $43M | Series E | Feb 06, 2020 |  |

6 of 6 investments shown.

## Co-investors
- [KB Investment](https://shizune.co/investors/profile/kbinvest) — VC Fund, 2 deals together
- [Smilegate Investment](https://shizune.co/investors/profile/smilegate-investment) — VC Fund, 2 deals together
- [TKG VENTURES](https://shizune.co/investors/profile/tkg-ventures) — VC Fund, 2 deals together
- [IMM Investment](https://shizune.co/investors/profile/imm-investment) — VC Fund, 1 deal together
- [SBVA](https://shizune.co/investors/profile/softbank-ventures-korea) — VC Fund, 1 deal together
- V1 Capital Partners — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Bossa Invest](https://shizune.co/investors/profile/bossanova-investimentos) — VC Fund
- [Almi Invest](https://shizune.co/investors/profile/almi-invest) — VC Fund
- [Korea Credit Guarantee Fund](https://shizune.co/investors/profile/korea-credit-guarantee-fund) — VC Fund

## FAQ

### What does LB Private Equity invest in?

LB Private Equity invests primarily in Fuel, Beauty and Energy startups, most often at Venture - Series Unknown and Series E 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 LB Private Equity last invest?

The most recent investment recorded for LB Private Equity closed in Aug 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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