# SK Networks

> SK Networks is a VC fund backing Software and Artificial Intelligence. See 26 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Seoul, South Korea
- Total investments: 26
- Last investment: May 2026
- Lead investor: 38%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/482867/admin/
- Website: https://www.sknetworks.co.kr
- Facebook: https://www.facebook.com/official.sknetworks

SK Networks is a VC fund in Seoul focused on Software and Artificial Intelligence. SK Networks has created customer values in various business areas.(ICT Marketing) SK is the Korea’s No.1 mobile phone distributor based on the largest sales network and nationwide distribution system in the domestic market. We also have launched various ICT products to ease customers’ digital life and established the ecosystem of used phonerecycling.(Home appliance) SK magic (subsidiary of SK Networks) is a premium kitchen appliance company by introducing the gas oven to the Korean market in 1985, and it is expanding its business area to gas/electric ranges, electric ovens, dishwashers, water purifiers, air purifiers and bidets. (Rent-a-car) SK rent-a-car (subsidiary of SK Networks) is an automotive company that leads the total automotive after market and runs about 170 nationwide network points and consumes about 20.7% market share. (Trading) With 28 global out posts, our trading business is expanded all over the world. Through international experience amassed over more than 50 years, we have secured outstanding global sourcing ability, market intelligence and strategic networking on steel/chemical/automotive industries around the world that gives us a distinct competitive edge and stable profit structure.(Hotel) Walkerhill Hotels & Resorts is a pioneer of the Korean hotel industry that provides the best experience in the overall lifestyle including leisure, culture, and food, as well as comfortable rest in the nature.(Investments) SK Networks is looking for investment opportunities that can bring disruptive innovation to its existing businesses. Since 2018, SK Networks has been actively investing in Venture Capitals/Start-ups mostly in Silicon Valley and in Korea as well.

## Contacts

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

## Round sizes

| Stage | Round size |
| --- | --- |
| Series A | $4M–$29M |
| Series B | $2.2M–$72M |
| Series C | $6.2M–$150M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 7 | 27% |
| Artificial Intelligence | 4 | 15% |
| Blockchain | 3 | 12% |
| Apps | 2 | 8% |
| Retail | 2 | 8% |

54 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 5 | 19% |
| Series C | 5 | 19% |
| Series B | 4 | 15% |
| Corporate Round | 4 | 15% |
| Seed | 2 | 8% |

9 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| South Korea | 13 | 50% |
| United States | 5 | 19% |
| The Netherlands | 2 | 8% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Park Sang Kyu | CEO & President | 0 | https://shizune.co/investors/profile/park-sang-kyu |
| Sunghwan Choi | Chief Operating Officer | 17 | https://shizune.co/investors/profile/sunghwan-choi-bba9 |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Upstage | Upstage AI develops artificial intelligence technologies focused on large language models and document processing systems designed to support enterprise workflows. Its platform includes tools that convert unstructured data such as PDFs, scans, and emails into structured, machine-readable formats, enabling downstream analysis and automation. Thecompany also provides models like its Solar LLM, which are optimized for tasks such as text generation, information extraction, and question answering within business environments. Its solutions are applied across industries including finance, healthcare, insurance, and manufacturing to handle tasks like document parsing, data extraction, and workflow automation. Additionally, its services can be deployed through APIs, cloud environments, or on-premise systems to integrate with existing enterprise infrastructure. | $380.2M | Venture - Series Unknown | May 03, 2026 |  |
| Upstage | Upstage AI develops artificial intelligence technologies focused on large language models and document processing systems designed to support enterprise workflows. Its platform includes tools that convert unstructured data such as PDFs, scans, and emails into structured, machine-readable formats, enabling downstream analysis and automation. Thecompany also provides models like its Solar LLM, which are optimized for tasks such as text generation, information extraction, and question answering within business environments. Its solutions are applied across industries including finance, healthcare, insurance, and manufacturing to handle tasks like document parsing, data extraction, and workflow automation. Additionally, its services can be deployed through APIs, cloud environments, or on-premise systems to integrate with existing enterprise infrastructure. | $32.6M | Corporate Round | Feb 23, 2026 |  |
| Cheiron | PhnyX Lab is working under the concept of redefining biopharma workflow through AI-powered solutions. The industry celebrates breakthroughs in medicine—but behind the scenes, progress isn't slowed by science. It's hindered by fragmented data, bloated documentation, and disconnected workflows. With Cheiron, they are revolutionizing howpharma operates, turning chaos into clarity by unifying internal and external data within a single discovery platform. They are going beyond unified search to intelligent action and automation, powered by GenAI. | $4M | Seed | Aug 04, 2025 |  |
| CHABOT MOBILITY | CHABOT MOBILITY is an automotive concierge platform that provides finance, insurance and automotive services. | $9M | Series C | Sep 25, 2024 |  |
| Upstage | Upstage AI develops artificial intelligence technologies focused on large language models and document processing systems designed to support enterprise workflows. Its platform includes tools that convert unstructured data such as PDFs, scans, and emails into structured, machine-readable formats, enabling downstream analysis and automation. Thecompany also provides models like its Solar LLM, which are optimized for tasks such as text generation, information extraction, and question answering within business environments. Its solutions are applied across industries including finance, healthcare, insurance, and manufacturing to handle tasks like document parsing, data extraction, and workflow automation. Additionally, its services can be deployed through APIs, cloud environments, or on-premise systems to integrate with existing enterprise infrastructure. | $72M | Series B | Apr 16, 2024 |  |
| Upstage | Upstage AI develops artificial intelligence technologies focused on large language models and document processing systems designed to support enterprise workflows. Its platform includes tools that convert unstructured data such as PDFs, scans, and emails into structured, machine-readable formats, enabling downstream analysis and automation. Thecompany also provides models like its Solar LLM, which are optimized for tasks such as text generation, information extraction, and question answering within business environments. Its solutions are applied across industries including finance, healthcare, insurance, and manufacturing to handle tasks like document parsing, data extraction, and workflow automation. Additionally, its services can be deployed through APIs, cloud environments, or on-premise systems to integrate with existing enterprise infrastructure. | $19M | Series B | Jan 12, 2024 |  |
| BM Smile | BM Smile leads the healthy companion animal culture as a representative company. They are dedicated to their mission of making the lives of companion animals beautiful and healthy, as they strive to create a positive impact in the world.The companion animal industry is experiencing rapid global growth; however, the pace of industry stabilizationis comparatively slow. BM Smile is actively working to accelerate the stabilization and specialization of the companion animal industry. | $20.8M | Corporate Round | Oct 30, 2023 |  |
| Source.ag | Source.ag develops AI-powered software solutions to support commercial greenhouse cultivation. Their product suite includes Source Workspace, a centralized dashboard for greenhouse operational data; Harvest Forecast, AI-driven yield predictions; Cultivation Management, virtual simulation of crop strategies; and Irrigation Control, automated waterand nutrient delivery to help growers increase efficiency and reduce risk. Its proprietary algorithms simulate plant behavior to define and execute optimal cultivation strategies, taking into account millions of data points on climate, biology, and resources. By enabling more growers to operate more facilities more efficiently through pioneering technology, Source is making glasshouse agriculture accessible, profitable, and globally scalable. | $4M | Series A | Jun 07, 2023 |  |
| Humane | Humane is a platform that creates and sells consumer hardware, software, and services that feel familiar, natural, and humane. The company is dedicated to creating cutting-edge technology that is both human and natural-feeling. | $100M | Series C | Mar 08, 2023 |  |
| Com2Verse | Com2Verse is a channel. They also provide real life and virtual world connection services. Additionally, they also build new ecosystem in metavers and metaverse game publishing services. | $3M | Seed | Aug 23, 2022 |  |

10 of 26 investments shown.

## Co-investors
- [Hana Ventures](https://shizune.co/investors/profile/hana-ventures) — VC Fund, 3 deals together
- [SBVA](https://shizune.co/investors/profile/softbank-ventures-korea) — VC Fund, 3 deals together
- [Aspex Management](https://shizune.co/investors/profile/aspex-management) — VC Fund, 2 deals together
- [Company K Partners](https://shizune.co/investors/profile/company-k) — VC Fund, 2 deals together
- [DST Global](https://shizune.co/investors/profile/digital-sky-technologies-fo) — VC Fund, 2 deals together
- [HICO](https://shizune.co/investors/profile/hico-1b42) — VC Fund, 2 deals together

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## FAQ

### What does SK Networks invest in?

SK Networks invests primarily in Software, Artificial Intelligence and Blockchain startups, most often at Series A and Series C stage. Most of the 26 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 SK Networks's check size?

SK Networks typically joins rounds of $4M–$29M at Series A, $2.2M–$72M at Series B and $6.2M–$150M 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 SK Networks participates in.

### How do I contact SK Networks?

Public channels for SK Networks 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 SK Networks?

The team at SK Networks includes Park Sang Kyu (CEO & President) and Sunghwan Choi (Chief Operating 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.

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