# MSIT (Ministry of Science and ICT)

> MSIT (Ministry of Science and ICT) is a VC fund backing Music and Artificial Intelligence. See 11 investments, check sizes, portfolio. Updated Sep 2026.

- Type: VC Fund
- Location: Sejung, South Korea
- Total investments: 11
- Last investment: Aug 2026
- Lead investor: 73%
- Last updated: Sep 2026
- LinkedIn: https://www.linkedin.com/company/ministry-of-science-and-ict/
- Website: https://x.com/withmsit/
- Facebook: https://www.facebook.com/withmsit

MSIT (Ministry of Science and ICT) is a VC fund in Sejung focused on Music and Artificial Intelligence. The Ministry Identity (MI) for the Ministry of Science and ICT is rooted in the creativity and imagination, and embodies the vision of opening up an era of creating new value based on the convergence between science & technology and ICT to bring happiness to the public.

## Round sizes

| Stage | Round size |
| --- | --- |
| Grant | $68k–$7.7M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Music | 3 | 27% |
| Artificial Intelligence | 3 | 27% |
| Apps | 2 | 18% |
| Medical | 2 | 18% |
| Software | 2 | 18% |

30 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Grant | 8 | 73% |
| Seed | 2 | 18% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Kakao | Kakao is a mobile lifestyle platform company with services spanning messaging, mail, search, news, advertising, gaming, e-commerce, music, maps and more. Its content platform offers a diverse array of content that can be enjoyed by users of all interest range. Daum News offers tens of thousands of news articles from top news outlets every day, andStory Funding, the country’s first crowdfunding service, is building a healthy platform for new information in hand with users. Kakao Music, Kakao Page, Daum Webtoon and more, enrich user's daily lives enabling users to easily share and enjoy music, cartoons, novels and more. Kakao Game is a mobile gaming platform that allows users to compete with friends on their social graph. Its popularity has resulted in explosive growths for the Korean mobile gaming industry while establishing mobile games as a mainstream phenomenon. The company was founded in 2010 and is headquartered in Jeju, South Korea. | $7.7M | Grant | Aug 05, 2026 | http://www.kakaocorp.com/en/main |
| Tilda | Tilda is an operator of a machine learning platform intended to eliminate inefficiencies in business and society. The company's platform effectively helps the intrinsic goals of corporate activities, such as increasing profit and reducing cost and risk, rather than machine learning for marketing, providing optimal business strategies forminimizing risks, costs, and environmental footprint, and maximizing profit, all based on the business data, enabling clients with strategies for profit maximization and risk minimization. | $67.9K | Grant | Dec 16, 2025 | https://www.tilda.co.kr |
| RobotWare | RobotWare focused on building AI-powered, unmanned smart farming solutions especially for livestock and poultry operations. | $67.9K | Grant | Dec 16, 2025 | https://robotware.ai/en |
| Quve17 | Quve17 provides secure and reliable digital tools for medical settings, emphasizing automation, integration, and performance measurement. | $67.9K | Grant | Dec 16, 2025 | https://quve17.com/ |
| IHW | 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. | $4.4M | Grant | May 29, 2025 | http://ihw-ai.com/ |
| Five Stones ENT | Five Stones Entertainment is a entertainment company that manages and develops foreign and multicultural talents in the K-entertainment industry. It focuses on training, producing, and promoting influencers, models, and broadcast personalities for global and Korean media platforms. |  | Seed | Oct 26, 2023 | https://5stones.co.kr/ |
| Wave Company | Wave Company is a diversified smart apparel company driving the future of tech-enabled recovery and movement.Our first patent-protected product, WaveWear is changing the way athletes recover and prevent injury through compression and kinesiology. We are now leveraging our proprietary conductive silicone technology Elecsil to measure all aspectsof human movement and power immersive experience and elite training.We create innovative sportswear and smart wear that help human movement. We also create and sell the core advanced material technology that makes it special. Proprietary bio-silicone material technology combined with fabric is also sold in the form of finished products to various industries such as sportswear, healthcare and smart wear.Wave Company can sell finished clothes like Under Armor , or can sell or license the material technology like GORE-TEX.For more information, visit https://wavewear.cc |  | Grant | Jul 01, 2022 | https://www.wavecompany.net/en |
| BRYTN | BRYTN has achieved technological competitiveness through the transfer of essential technologies and patents from SK Telecom. |  | Grant | Apr 01, 2020 | http://www.brytn.co.kr/ |
| MyChord | MyChord is a music audio analysis mobile application. |  | Seed | Apr 01, 2020 | http://www.yallafactory.com |
| MixEngine | MixEngine provides artificial intelligence-based music analysis software and platforms for DJs. |  | Grant | Sep 01, 2019 | http://www.mixengine.ai |

10 of 11 investments shown.

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## Featured in investor lists
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## FAQ

### What does MSIT (Ministry of Science and ICT) invest in?

MSIT (Ministry of Science and ICT) invests primarily in Music, Artificial Intelligence and Apps startups, most often at Grant and Seed stage. Most of the 11 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 MSIT (Ministry of Science and ICT)'s check size?

MSIT (Ministry of Science and ICT) typically joins rounds of $68k–$7.7M at Grant. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds MSIT (Ministry of Science and ICT) participates in.

### When did MSIT (Ministry of Science and ICT) last invest?

The most recent investment recorded for MSIT (Ministry of Science and ICT) closed in Aug 2026. Shizune tracks 11 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 Sep 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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