# NAVER Z

> NAVER Z is a VC fund in Seongnam backing Gaming and 3D Technology. See 17 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Seongnam, South Korea
- Total investments: 17
- Last investment: Jul 2023
- Lead investor: 35%
- Fund size: $100M
- Last fund: Jan 2022
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/naver-z
- Website: https://www.naverz-corp.com

NAVER Z is a VC fund in Seongnam focused on Gaming and 3D Technology. NAVER Z develops an application where users can create different 3D avatars online using facial recognition, AR, and 3D technology. The app allows users to create different identities online, where they can make friends across age, gender, race, and region, and they can go anywhere, transcending time and space.

## Contacts

5 contacts available for NAVER Z. Shizune tracks 2 team members at NAVER Z. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/naver-z?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $245k–$11M |
| Series A | $3.1M–$10M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Gaming | 4 | 24% |
| 3D Technology | 4 | 24% |
| Content | 3 | 18% |
| Software | 3 | 18% |
| Animation | 2 | 12% |

28 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 8 | 47% |
| Series A | 5 | 29% |
| Venture - Series Unknown | 2 | 12% |
| Corporate Round | 1 | 6% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| South Korea | 8 | 47% |
| Japan | 1 | 6% |
| France | 1 | 6% |
| Denmark | 1 | 6% |
| Singapore | 1 | 6% |

6 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Chang Wook Kim | Co-CEO | 1 | https://shizune.co/investors/profile/kim-chang-wook |
| Dae-wook Kim | Founder & Co-Chief Executive Officer | 0 | https://shizune.co/investors/profile/dae-wook-kim |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Superblock | Superblock vision removes centralized web servers and puts blockchain run by the people in the system's core. | $8M | Series A | Jul 21, 2023 |  |
| GoodGang Labs | We're building an avatar based communication platform on metaverse for all games and services.Our mission is to make the world fun and a better place by helping people express their true identities and use their passion and talents to generate legitimate revenues.GoodGang Labs is made up of professionals with more than 10 years ofexperience in Metaverse, Community, Avatar, and AR-related projects in global top tech companies. (Meta, Naver, Line, Snow, Seerslab and more) | $2M | Seed | May 24, 2023 |  |
| Parable Entertainment | Parable Entertainment is a management company for content creators. |  | Venture - Series Unknown | Oct 24, 2022 |  |
| Cinamon | Cinamon provides a video generation tool that enables users to create 3D environments, direct scenes and actions, position characters, and adjust camera angles, all through the use of text prompts and sliders. The company's methodology is fundamentally distinct from traditional AI video generators, which produce videos by generating pixelsbased on text, images, and videos as reference materials. It is dedicated to enhancing technology within the realm of interactive gaming. CineV, an innovative solution currently in development, transforms user-inputted stories into videos set within a virtual 3D environment utilizing AI technology. | $10M | Seed | Sep 21, 2022 |  |
| Rokoko | Rokoko has developed a one-stop-shop for animation and motion capture tools. It consists of 1) motion capture hardware to capture all your movements, 2) a motion editing software suite (Rokoko Studio), 3) a marketplace of motion assets called Motion Library. Underneath is Rokoko's machine learning driven Motion Engine. 60-70% of Rokoko's50.000 users are one-man-army creators that never had access to these tools before. Among the larger clients are names such as Netflix, Sony, Disney, Microsoft etc. Rokoko also has a lot of clients in health, sports etc., which are areas the company is increasingly investing in building out. | $3M | Venture - Series Unknown | Aug 17, 2022 |  |
| Line | LINE develops calling and messaging applications for mobile phones in Japan and internationally. It offers LINE, a smartphone application that allows users to make free calls and messaging with other users regardless of which mobile network provider they are using.The company also offers NAVER, a search communication service; NAVER Matome, auser-participatory curation platform; Livedoor, a portal site; livedoor Blog, a blogging service; and livedoor News that provides information gathered from various news sources, as well as a range of advertising products. In addition, it operates LINE GAME, a platform that lets LINE users to play games. | $9.7M | Series A | Jul 13, 2022 |  |
| Line Next | Line Next is committed to advancing and expanding the worldwide NFT industry. LINE NEXT seeks to offer innovative digital experiences and pave the road for the future by utilising blockchain and NFT technology. | $10M | Series A | Jul 13, 2022 |  |
| WE-AR | Company produces AR content for major social media platf | $3.1M | Series A | Jun 15, 2022 |  |
| UModeler | Tripolygon operates as a 3D modeling software developer. Tripolygon offers 3D modeling software (UModeler), plugins (UModeler X) and more as a subscription service for the metaverse creators. | $5.1M | Series A | May 11, 2022 |  |
| Kinetix | Kinetix is a no-code 3D creation tool that leverages artificial intelligence motion capture to convert videos into 3D animations. | $11M | Seed | May 04, 2022 |  |

10 of 17 investments shown.

## Co-investors
- [Krafton](https://shizune.co/investors/profile/bluehole) — VC Fund, 2 deals together
- [CJ ENM](https://shizune.co/investors/profile/cj-enm) — VC Fund, 2 deals together
- [Hashed](https://shizune.co/investors/profile/hashed-f96b) — VC Fund, 2 deals together
- [K Auction](https://shizune.co/investors/profile/k-auction) — VC Fund, 2 deals together
- [Line Games](https://shizune.co/investors/profile/line-games) — VC Fund, 2 deals together
- [Naver](https://shizune.co/investors/profile/naver-corporation) — VC Fund, 2 deals together

## Similar investors

### Similar industry
- [SOSV](https://shizune.co/investors/profile/sosv) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

### Similar country
- [Vaekstfonden](https://shizune.co/investors/profile/v%C3%A6kstfonden) — VC Fund
- [PSV](https://shizune.co/investors/profile/preseed-innovation) — VC Fund
- [Seed Capital](https://shizune.co/investors/profile/seed-capital) — VC Fund

## Featured in investor lists
- [Web3 Investors in South Korea](https://shizune.co/investors/web3-investors-south-korea)
- [Web3 VC Funds in South Korea](https://shizune.co/investors/web3-vc-funds-south-korea)
- [FinTech Investors in South Korea](https://shizune.co/investors/fintech-investors-south-korea)
- [FinTech VC Funds in South Korea](https://shizune.co/investors/fintech-vc-funds-south-korea)
- [Hardware Investors in South Korea](https://shizune.co/investors/hardware-investors-south-korea)
- [Finance VC Funds in South Korea](https://shizune.co/investors/finance-vc-funds-south-korea)

## FAQ

### What does NAVER Z invest in?

NAVER Z invests primarily in Gaming, 3D Technology and Content startups, most often at Seed and Series A stage. Most of the 17 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 NAVER Z's check size?

NAVER Z typically joins rounds of $245k–$11M at Seed and $3.1M–$10M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds NAVER Z participates in.

### How do I contact NAVER Z?

Public channels for NAVER Z include LinkedIn 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 NAVER Z?

The team at NAVER Z includes Chang Wook Kim (Co-CEO) and Dae-wook Kim (Founder & Co-Chief Executive 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 Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co