Ministry of SMEs and Startups
VC Fund
Daejeon, South Korea
Ministry of SMEs and Startups is a VC fund in Daejeon focused on Artificial Intelligence and Manufacturing. The Ministry of SMEs and Startups (MSS) is a South Korean government organization that fosters and supports small and medium-sized enterprises (SMEs) and micro-enterprises (MEs). Its main objective is to strengthen the competitiveness and promote innovation within these businesses, contributing to the overall national economy.
- Total investments:
- 74
- Last investment:
- Lead investor:
- 64%
Last updated:
For AI agents: llms.txt
Industries Ministry of SMEs and Startups invests in
Stages Ministry of SMEs and Startups invests in
Countries Ministry of SMEs and Startups invests in
Contacts
| Name | Phone | Socials | |
|---|---|---|---|
Investment Focus
Industry
- Artificial Intelligence 21 (28%)
- Manufacturing 12 (16%)
- Software 9 (12%)
- Apps 7 (9%)
- Biotechnology 7 (9%)
Stage
- Grant 64 (86%)
- Seed 4 (5%)
- Angel 1 (1%)
- Pre-Seed 1 (1%)
- Non-equity Assistance 1 (1%)
Country
- South Korea 63 (85%)
- United States 2 (3%)
- Iran 1 (1%)
- China 1 (1%)
Team
| Name | Title | Investments | Links | |
|---|---|---|---|---|
|
Kang Seong-cheon
Vice Minister
|
Vice Minister | Total investments: 1 | Find email |
Investments
| Company | Description | Round | Links |
|---|---|---|---|
| WEJ is a climate technology company that operates a corporate renewable energy matching platform. | $145.8K / Grant / Sep 24, 2026 | ||
| Korea Housing Information is a housing cost management platform intended to enhance the residential experience, create innovative financial ventures, and contribute to energy conservation. The company's platform harnesses the power of data and cutting-edge technology within buildings to transform the residential experience, enabling users todrive carbon reduction efforts in buildings. | $148.7K / Grant / Sep 07, 2026 | ||
JLT
|
JLT supplies industrial automation equipment solutions and focuses on technology improvement through an integrated welding solution development project. | Grant / Aug 21, 2026 | |
| Sionic AI develops AI-native solutions and platforms for enterprises. The company provides customized AI platforms that enable organizations to build, deploy, manage, and optimize AI agents tailored to their business processes, knowledge, and rules. Its STORM Platform provides a no-code environment for creating enterprise AI agents, withcapabilities for retrieval-augmented generation, data parsing, workflow automation, document processing, and integration with existing business systems. The platform supports major large language models and can be deployed through SaaS, private cloud, or on-premises environments, with enterprise security and access controls. Sionic AI serves organizations across industries including finance, logistics, manufacturing, media, and other enterprise sectors. | $1.4M / Grant / Aug 14, 2026 | ||
| ArtBlood is a biotechnology company that offers cell-based artificial blood production and regenerative medicine. The company develops innovative in vitro red blood cell (RBC) production technologies using stem cell–based platforms. | $1.4M / Grant / Aug 14, 2026 | ||
KH Global Hanbang
|
KH Global Hanbang company Manufactures and develops health functional foods based on Korean herbal medicine. Conducts natural science and engineering R&D. | Grant / Aug 13, 2026 | |
| Testify provides software quality assurance and testing services that assess and validate applications across platforms such as PC, mobile, smart TV and VR. The company conducts software testing using a range of tools to evaluate performance and functional quality and offers consulting to tailor quality activity frameworks for different softwarecharacteristics. Testify also supports software market management by guiding adaptation to platform-specific policies. Its services are designed to help clients identify defects and improve software behavior before release. | Grant / Jul 28, 2026 | ||
| NEWEN AI develops AI and big data solutions for business analytics and automation. Its products include large language models, AI agents, AI search, natural language processing, multimodal AI, and cloud platforms. The company also provides analytics services for brand monitoring, market research, trend analysis, competitor analysis, campaignperformance, and business intelligence. | $1.7M / Grant / Jul 27, 2026 | ||
| Colosseum is a logistics company that provides e-commerce logistics services to various locations. | $1M / Grant / Jun 23, 2026 | ||
| The company is a spin-off from Asan Medical Center, University of Ulsan University, with a primary objective of developing therapeutic and diagnostic agents for neurological diseases, particularly Alzheimer's disease.In 2016, the company took significant steps toward formalizing its presence in the market by completing its incorporation andbusiness registration processes.The year 2017 proved to be a milestone for the company as it obtained certification as a corporate-affiliated research institute, solidifying its position as a reputable research-driven organization. Additionally, it garnered recognition as a leading university start-up by the Ministry of SMEs and Startups, further boosting its credibility and potential for growth.The company has collaborated with Oscotech Co., Ltd. and partnered with various investors, including Kite Entrepreneurship Foundation, Stone Bridge Ventures Co., Ltd., Korea Development Bank, and Stick Ventures Co., Ltd., to jointly develop their projects. | $2.4M / Grant / Jun 11, 2026 | ||
| See all 74 investments → | |||
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FAQ
What does Ministry of SMEs and Startups invest in?
Ministry of SMEs and Startups invests primarily in Artificial Intelligence, Manufacturing and Software startups, most often at Grant and Seed stage. Most of the 74 investments tracked by Shizune back companies in South Korea. The Investment Focus section breaks down every industry, stage and country in the portfolio.
How do I contact Ministry of SMEs and Startups?
Public channels for Ministry of SMEs and Startups 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 Ministry of SMEs and Startups?
The team at Ministry of SMEs and Startups includes Kang Seong-cheon (Vice Minister). 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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