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Top 50 Retail VC Funds & Investors in South Korea (November 2026)

The most active venture capital funds investing in South Korea Retail startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in South Korea Retail startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Strong Ventures
VC Fund
14 South Korea, United States, Poland Seed, Series A, Series B E-Commerce, Software, Health Care $89k–$26M
Capstone Partners
VC Fund
11 South Korea, United States, India Series A, Seed, Venture - Series Unknown Software, Mobile, Artificial Intelligence $276k–$44M
Korea Credit Guarantee Fund
VC Fund
11 South Korea, United States, China Seed, Series A, Debt Financing Artificial Intelligence, Information Technology, Software $229k–$8.8M
Hana Ventures
VC Fund
7 South Korea, United States, Indonesia Seed, Series A, Venture - Series Unknown Software, Artificial Intelligence, Health Care $273k–$13M
Mashup Ventures
VC Fund
7 South Korea, United States, Japan Seed, Pre-Seed, Angel Software, Artificial Intelligence, Information Technology $100k–$3.2M
IMM Investment
VC Fund
6 South Korea, United States, Japan Venture - Series Unknown, Series A, Series B Biotechnology, Health Care, Software $1.3M–$78M
Shinhan Capital
VC Fund
5 South Korea, United States, Japan Series A, Seed, Series B Software, Artificial Intelligence, Information Technology $424k–$20M
AI Angel Club
VC Fund
5 South Korea Seed, Series A, Angel Health Care, Medical, E-Commerce $87k–$5.8M
KB Investment
VC Fund
5 South Korea, United States, Vietnam Series A, Seed, Series B Software, Artificial Intelligence, Biotechnology $737k–$44M
MYSC
VC Fund
5 South Korea, China, France Seed, Series A, Pre-Seed Food and Beverage, Health Care, E-Commerce
Yoonmin Foundation
VC Fund
4 South Korea, United States Seed, Pre-Seed, Angel Software, Information Technology, Apps $74k–$1.8M
LB Investment
VC Fund
4 South Korea, United States, China Series B, Series A, Series C Health Care, Information Technology, Artificial Intelligence $2.5M–$71M
Laguna Investment
VC Fund
4 South Korea, United States, Japan Seed, Series A, Series B Software, Information Technology, Artificial Intelligence $741k–$35M
CJ Investment
VC Fund
4 South Korea, United States Series A, Seed, Series B Software, Artificial Intelligence, Information Technology $379k–$21M
Smilegate Investment
VC Fund
4 South Korea, United States, Vietnam Seed, Series A, Series B Artificial Intelligence, Software, Health Care $694k–$47M
Lighthouse Combined Investment
VC Fund
4 South Korea, United States, Singapore Series A, Seed, Series B Food and Beverage, Information Technology, Sensor $421k–$27M
Bass Investment
VC Fund
4 South Korea, United States, Singapore Seed, Series A, Series B Artificial Intelligence, Software, E-Commerce $414k–$15M
Industrial Bank of Korea
VC Fund
4 South Korea, United States, China Series A, Series B, Seed Artificial Intelligence, Information Technology, Software $166k–$28M
Korea Investment Partners
VC Fund
4 South Korea, United States, China Series A, Series B, Seed Biotechnology, Health Care, Information Technology $973k–$50M
Wadiz
VC Fund
4 South Korea Seed, Series A, Equity Crowdfunding E-Commerce, Retail, Sales $1.3k–$3.7M
Korea Development Bank
VC Fund
4 South Korea, United States, Japan Series B, Series A, Series C Artificial Intelligence, Software, Information Technology $1.9M–$51M
Sazze Partners
VC Fund
4 South Korea, United States, Japan Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology $200k–$15M
InfoBank
VC Fund
4 South Korea, United States, South Africa Seed, Series A, Venture - Series Unknown Artificial Intelligence, Information Technology, Software $85k–$11M
East Gate Partners
VC Fund
3 South Korea, United States Seed, Series A, Venture - Series Unknown Software, Gaming, Information Technology $254k–$3.7M
Kaist Venture Investment Holdings
VC Fund
3 South Korea, United States, Australia Seed, Grant, Angel Health Care, Information Technology, Medical $7k–$1.5M
Translink Investment
VC Fund
3 South Korea, United States, Singapore Seed, Series A, Pre-Seed Software, E-Commerce, Information Technology $150k–$14M
Bokwang Investment
VC Fund
3 South Korea, United States Series A, Series B, Seed Software, Mobile, Health Care $469k–$18M
HITEJINRO CO
VC Fund
3 South Korea, Japan, United States Seed, Series A, Series B E-Commerce, Food and Beverage, Agriculture $144k–$7.4M
Goodwater Capital
VC Fund
3 United States, India, South Korea Seed, Pre-Seed, Venture - Series Unknown Software, FinTech, Financial Services $125k–$105M
AIM Investment
VC Fund
3 South Korea Venture - Series Unknown, Seed, Series A Software, Apps, Retail $3.3M–$11M
DS Asset Management
VC Fund
3 South Korea, United States, Japan Series B, Series A, Series C Biotechnology, Medical, Information Technology $1.9M–$51M
We Ventures
VC Fund
3 South Korea, United States, Singapore Series A, Seed, Series B Software, Artificial Intelligence, Information Technology $729k–$19M
CRIT Ventures
VC Fund
3 South Korea, United States, Hong Kong Seed, Venture - Series Unknown, Series A Gaming, Information Technology, Video Games $287k–$42M
HB Investment
VC Fund
3 South Korea, United States, Vietnam Venture - Series Unknown, Series B, Series A Biotechnology, Software, Health Care $717k–$25M
SBVA
VC Fund
3 South Korea, United States, China Series A, Series B, Seed Software, Artificial Intelligence, Information Technology $878k–$60M
Altos Ventures
VC Fund
3 South Korea, United States, Canada Series A, Series B, Series C Software, E-Commerce, Internet $2.1M–$57M
Devsisters Ventures
VC Fund
3 South Korea, United States, Russian Federation Venture - Series Unknown, Series A, Seed Software, Biotechnology, Gaming $441k–$11M
SBI Investment Korea
VC Fund
3 South Korea, United States, Japan Series A, Series B, Series C Information Technology, Software, Artificial Intelligence $2.7M–$38M
TBT
VC Fund
3 South Korea, United States Series A, Seed, Series B Software, Information Technology, Health Care $678k–$18M
DSC Investment
VC Fund
3 South Korea, United States, Israel Series A, Series B, Seed Artificial Intelligence, Health Care, Software $441k–$60M
Big Basin Capital
VC Fund
3 South Korea, United States, Singapore Seed, Series A, Series B E-Commerce, Software, Apps $448k–$11M
Hashed
VC Fund
3 South Korea, United States, Singapore Seed, Series A, Venture - Series Unknown Blockchain, Cryptocurrency, Financial Services $1M–$40M
SK Securities
VC Fund
2 South Korea, United States, Singapore Series A, Seed, Series B Information Technology, Apps, Health Care
CJ ENM
VC Fund
2 South Korea, United States, Japan Series A, Series B, Pre-Seed Software, Apps, Artificial Intelligence
Ascendo Ventures
VC Fund
2 South Korea, United States, Taiwan Seed, Series A, Series B E-Commerce, Medical, Health Care
Antler
VC Fund
2 United Kingdom, Singapore, Australia Pre-Seed, Seed, Series A Software, Information Technology, Artificial Intelligence
KOSME
VC Fund
2 South Korea, United States Seed, Series A Manufacturing, E-Commerce, Health Care $74k–$37M
TINVESTMENT
VC Fund
2 South Korea, United States Series A, Seed, Series B Manufacturing, Health Care, Information Technology $328k–$26M
Stone Bridge Ventures
VC Fund
2 South Korea, United States, South Africa Seed, Series A, Series B Artificial Intelligence, Software, Information Technology $1.6M–$22M
Korea Omega Investment
VC Fund
2 South Korea, United States, France Series A, Series B, Seed Biotechnology, Medical, Health Care $762k–$54M
Access all 452 VC funds in South Korea Retail startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Strong Ventures
VC Fund · Los Angeles, California, United States · 14 investments in South Korea Retail startups, 15 in the past 12 months

Strong Ventures is a generalist VC firm based in LA and Seoul, backing early-stage startups with a focus on Korean founders.

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Investment focus

  • Industry: E-Commerce, Software, Health Care
  • Stage:Seed, Series A, Series B
  • Geography: South Korea, United States, Poland

Investor stats

  • Total investments: 395
  • Round size: Seed $89k–$3M; Series A $1M–$10M; Series B $2.4M–$26M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: Likely still investing — raised $38M in 2023

Portfolio highlights

  • WeGlee — WeGlee is a food and beverage startup that operates 'WeGlee,' a fast-casual dining brand centered around pasta bowls.
  • Neardoc — Neardoc operates on a business-to-business subscription model providing an ambient artificial intelligence scribe solution for healthcare facilities. The platform leverages a proprietary medical reasoning engine to automatically generate structured clinical SOAP notes by analyzing doctor-patient conversations in real time. Its core valueproposition centers on eliminating administrative overhead, reducing charting time for medical professionals, and increasing patient throughput.
  • READi Robust Machine — Ready Robust Machine is a company that makes carbon reduction and fuel cost improvement systems.
Show all investments...

Capstone Partners
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 11 investments in South Korea Retail startups

Capstone Partners is a venture capital firm specializing in early-stage companies operating in the Information technology, wireless technology, architecture, pharmaceutical, internet, online game, software, solid state disk, and IP television sectors. It primarily invests in China and South Korea, with a focus in Seoul and Gyeonggi province. The firm prefers to exit its investments through a trade sale. Capstone Partners was founded in 2008 and is based in Seoul, South Korea. Capstone Partners is a venture capital firm that invests in entrepreneurs seeking success with fresh ideas. Capstone Partners values the funds of union investors better than our own, working for the interests of investors and following the objective of the investments.

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Investment focus

  • Industry: Software, Mobile, Artificial Intelligence
  • Stage:Series A, Seed, Venture - Series Unknown
  • Geography: South Korea, United States, India

Investor stats

  • Total investments: 316
  • Round size: Seed $276k–$3.1M; Series A $442k–$11M; Venture - Series Unknown $458k–$44M
  • Lead/follow: 22% lead, 78% follow
  • Last fund: May invest from a new fund soon — raised $42M in 2019

Portfolio highlights

  • ABLE Labs — ABLE Labs provide liquid handling robots and protocols so that all researchers can focus on constructing assay, leaving the execution to robots.​ If you want would contact them please contact them via phone call or email.
  • Intellicia — AI-powered Synthetic Consumers platform for market research. 91.2% Spearman Correlation, 93.6% accuracy validated across 120+ PoC projects.
  • Wrtn Technologies — Bring AGI Close to People
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Korea Credit Guarantee Fund
VC Fund · Daegu, Taegu-jikhalsi, South Korea · 11 investments in South Korea Retail startups

Korea Credit Guarantee Fund operates as a public financial institution.

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Investment focus

  • Industry: Artificial Intelligence, Information Technology, Software
  • Stage:Seed, Series A, Debt Financing
  • Geography: South Korea, United States, China

Investor stats

  • Total investments: 350
  • Round size: Seed $229k–$2.9M; Series A $881k–$8.8M; Debt Financing $380k–$3.6M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • Limpid — Limpid is a Bio pet food startup. It set new standards in pet nutrition through continuous innovation.
  • DoubleT — DoubleT is an innovative tech enterprise specialized in industrial workplace safety and business automation. Its premier product, HEIMDALL, utilizes artificial intelligence and real-time location systems to prevent industrial accidents. They also operate DoubleWorks for corporate management and Jikguraound to streamline global B2B sourcing forbusinesses.
  • Studio Meta K — Studio Meta K is a content creation company that provides artificial intelligence and virtual reality services.
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Hana Ventures
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 7 investments in South Korea Retail startups

Hana Ventures is a corporate venture capital of Hana Financial Group.

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Investment focus

  • Industry: Software, Artificial Intelligence, Health Care
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: South Korea, United States, Indonesia

Investor stats

  • Total investments: 256
  • Round size: Seed $273k–$4.4M; Series A $1.6M–$13M; Venture - Series Unknown $882k–$11M
  • Lead/follow: 16% lead, 84% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • BIGC — BIGC is a technology company that offers digital marketing, content creation, and advertising services.
  • Bbodek — Bbodek provider of tableware rental and washing services intended for restaurants and school cafeterias. They provide products for children's tableware and hygiene management services. They specialize in using their self-developed smart factory to render low defect services to consumers, enabling them to just focus on cooking without worryingabout cleaning up. They are expanding their business to customized washing machine manufacture and sales.
  • Welcon Systems — WELCON Systems is a company that makes electronic control equipment used in machines. Their main products include servo drives and motion controllers, which help control the movement of motors in industrial machines and robots.
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Mashup Ventures
VC Fund · Seongnam, Kyonggi-do, South Korea · 7 investments in South Korea Retail startups

Mashup Ventures is a Seoul based early-stage VC led by Taekkyung Lee, co-founder of Daum Communications, focusing on AI, SaaS, and IT.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Pre-Seed, Angel
  • Geography: South Korea, United States, Japan

Investor stats

  • Total investments: 177
  • Round size: Seed $180k–$1.7M; Pre-Seed $100k–$3.2M
  • Lead/follow: 47% lead, 53% follow

Portfolio highlights

  • Rosherin — Rosherin is a healthcare startup that researches, develops and manufactures various medical supplies and medical devices.
  • Airbility — Korean anti-drone and counter-drone company founded in 2023 by aerospace, defense and mobility engineers. Team, milestones and careers.
  • NanoForge AI — Nanoforge AI merges AI-driven material design with robotics automation to cut material development time from years to weeks
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IMM Investment
VC Fund · Kangnam, Cholla-namdo, South Korea · 6 investments in South Korea Retail startups, 18 in the past 12 months

Korean alternative asset investment firm

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Investment focus

  • Industry: Biotechnology, Health Care, Software
  • Stage:Venture - Series Unknown, Series A, Series B
  • Geography: South Korea, United States, Japan

Investor stats

  • Total investments: 333
  • Round size: Series A $2.3M–$46M; Series B $5.8M–$54M; Venture - Series Unknown $1.3M–$78M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: Likely actively investing — fresh fund, raised $18M in 2026

Portfolio highlights

  • Enhans — Viralpick provides IT services for organizations including data analysis, automation, acquisition, and advertising services.
  • SK Horizon — SK Horizon is an AI data center (AIDC) infrastructure company whose name reflects its ambition to “open new horizons” in the AIDC sector, will be responsible for expanding its infrastructure to a total capacity of 318 MW, encompassing eight data centers already in operation - Seocho, Ilsan (two locations), Bundang, Gasan, Centum, Yangju, and Pangyo- and new AIDCs currently under construction, including those in Ulsan and Guro.
  • Kyoto Fusioneering — Kyoto Fusioneering is a research & development, design, and manufacture of parts related to fusion reactors.
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Shinhan Capital
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 5 investments in South Korea Retail startups

Shinhan Capital is a credit-specialized company offering corporate finance services for its clients. It provides financial services, lease, corporate loans, investment financing, housing loans, installment financing, etc. Shinhan Capital was established in 1991. The company is headquartered in Seoul, South Korea.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: South Korea, United States, Japan

Investor stats

  • Total investments: 216
  • Round size: Seed $424k–$4M; Series A $2.1M–$11M; Series B $4.2M–$20M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • Trioar — Trioar is a biotechnological research company that manufacture pharmaceutical products and drugs.
  • Nventric — Nventric is a medical device company that develops core products for neurovascular, coronary heart, and peripheral vascular applications.
  • KB-Element — KB-Element is a graphene development and production company that also turns graphene into intermediate items and novel materials.
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AI Angel Club
VC Fund · Mapo, Seoul-t'ukpyolsi, South Korea · 5 investments in South Korea Retail startups, 10 in the past 12 months

AI Angel Club is an angel investment club that specializes in seed investment in the medical and bio healthcare field.

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Investment focus

  • Industry: Health Care, Medical, E-Commerce
  • Stage:Seed, Series A, Angel
  • Geography: South Korea

Investor stats

  • Total investments: 60
  • Round size: Seed $87k–$930k; Angel $87k–$131k; Series A $1.3M–$5.8M
  • Lead/follow: 42% lead, 58% follow

Portfolio highlights

  • Dumion — Dumion develops transdermal drug-delivery and dermatological ingredient technologies.
  • DentalCall — DentalCall is a dental technology company that offers an AI voice receptionist and CRM platform for dental clinics.
  • Dental Robotics — Dental Robotics is a dental technology company developing AI-powered robotic solutions for dental care,Its flagship Dental Assistant Robot automates repetitive tasks such as suction, positioning, and real-time assistance during procedures.The company combines AI perception, robotics, real-time control, and edge AI to improve clinical efficiency and enable next-generation digital dentistry.
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KB Investment
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 5 investments in South Korea Retail startups

Founded in 1990, KB Investment Co., Ltd. (KBIC) is one of Korea’s leading investment firms of venture capital and private equity funds with over USD 2.6 Billion of asset under management as of December 2023. KBIC is a subsidiary of KB Financial Group, Korea’s premier financial group with the largest domestic customer base as well as the widest network of service branches in Korea. KBIC’s team is recognized for industry thought leadership, a broad network of powerful industry relationships, and a unique professional investment approach to investing. KBIC passionately support our portfolio companies with active guidance in all key aspects of team building, strategy, operations and governance

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Investment focus

  • Industry: Software, Artificial Intelligence, Biotechnology
  • Stage:Series A, Seed, Series B
  • Geography: South Korea, United States, Vietnam

Investor stats

  • Total investments: 441
  • Round size: Seed $737k–$7.2M; Series A $2.5M–$36M; Series B $5.2M–$44M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • H&B Asia — H&B Asia specializes in sourcing, importing, and distributing fresh fruits and agricultural products. The company works closely with global growers and suppliers to bring high-quality produce into the Korean market. It focuses on building strong partnerships, ensuring consistent supply, and supporting efficient logistics across the fooddistribution value chain.
  • GMI Cloud — Run production AI workloads on GMI Cloud. Deploy serverless inference, dedicated GPU clusters, and bare metal AI infrastructure on one scalable platform.
  • ACT-ion Battery Technologies — ACT-ion Battery Technologies is a manufacturing company that offers cathode active materials for lithium batteries.
Show all investments...

MYSC
VC Fund · Seongdong, Kyonggi-do, South Korea · 5 investments in South Korea Retail startups, 12 in the past 12 months

MYSC is an innovative company that helps innovation through consulting, social venture accelerating, and impact investing.

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Investment focus

  • Industry: Food and Beverage, Health Care, E-Commerce
  • Stage:Seed, Series A, Pre-Seed
  • Geography: South Korea, China, France

Investor stats

  • Total investments: 70
  • Lead/follow: no public data

Portfolio highlights

  • Rovigos — Rovigos analyzes data from your whole business to help you make better forecasts and choices.
  • Welfare Union — Welfare Union focused on customized senior care meals and nutritional services.
  • Phyto Research — Phyto Research offers virus-free, high-quality seedlings as OEM through tissue culture and seed manufacturing.
Show all investments...

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Yoonmin Foundation
VC Fund · Seocho, Seoul-t'ukpyolsi, South Korea · 4 investments in South Korea Retail startups

Yunmin Foundation provides start-up support, youth challenge school, and online start-up education.

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Investment focus

  • Industry: Software, Information Technology, Apps
  • Stage:Seed, Pre-Seed, Angel
  • Geography: South Korea, United States

Investor stats

  • Total investments: 62
  • Round size: Seed $74k–$1.8M
  • Lead/follow: 32% lead, 68% follow

Portfolio highlights

  • Semonyeo — Semonyeo is a senior lifestyle brand dedicated to enhancing the dining experience of older adults. The company designs, develops, and sells specialized tableware tailored to the unique needs of seniors, focusing on comfort, safety, and ease of use.
  • Plancklab — Plancklab is a professional stereolithography company. We Provide customized 3D printing system, DLP printer, and Micro Projection Stereolithography Technology based machines.
  • Namdo Market — Namdo Market is a mobile application for wholesale and retail trading services. It is a online wholesale marketplace that connects buyers with products from major Korean shopping districts. It allows users to browse and order items directly from multiple vendors in one place.
Show all investments...

LB Investment
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 4 investments in South Korea Retail startups, 14 in the past 12 months

LB Investment is a venture capital firm that specializes in technology, content, bio-healthcare, semiconductor, energy, IT, and LCD investments. It offers funding, IPO, and M&A advisory, and portfolio management services to support high-growth companies. The firm emphasizes governance and sustainable development in its partner selection process.

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Investment focus

  • Industry: Health Care, Information Technology, Artificial Intelligence
  • Stage:Series B, Series A, Series C
  • Geography: South Korea, United States, China

Investor stats

  • Total investments: 177
  • Round size: Series A $2.5M–$36M; Series B $6.4M–$45M; Series C $7.8M–$71M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • ImpriMed — Find the best chemo drugs for treating your dog's lymphoma BEFORE treatment begins. You and your veterinarian can make the best cancer treatment decisions just for your dog.
  • Pascal — Pascal, founded in 2023, develops innovative low-pressure solid refrigerant systems for cooling applications including air conditioning and industrial uses. Join us in building better cooling solutions.
  • AD System — AD System focuses on the development, manufacturing, sales and repairing of drones and other unmanned aerial vehicles.
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Laguna Investment
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 4 investments in South Korea Retail startups, 8 in the past 12 months

Laguna Investment is a venture capital firm focused on professional entrepreneurial investments.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Series A, Series B
  • Geography: South Korea, United States, Japan

Investor stats

  • Total investments: 100
  • Round size: Seed $741k–$4.7M; Series A $1.7M–$11M; Series B $3.7M–$35M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • But Beautiful — A collaborative AI workspace, built on your company context. Build and orchestrate agents right alongside your team's projects, meetings, and connected apps.
  • Cashmore — Cashmore is an app service that analyzes consumers' store visits, mobility paths, and consumption history to deliver customized discount benefits.
  • Markoville — Markoville is an entertainment content company that develops animation, games, comics, and character-based intellectual property (IP) using a media-mix strategy. It focuses on creating fun, family-friendly characters and storytelling content across multiple platforms.
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CJ Investment
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 4 investments in South Korea Retail startups

CJ Investment operates as an investment firm.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: South Korea, United States

Investor stats

  • Total investments: 61
  • Round size: Seed $379k–$7.4M; Series A $1.5M–$10M; Series B $5.3M–$21M
  • Lead/follow: 21% lead, 79% follow

Portfolio highlights

  • Liner — LINER is Asia’s first AI Agent that helps users accomplish more with less time and effort “AI Workspace”, known as the autonomous agent, performs various and complex tasks requested by users using LLM-based AI, differentiated by LINER’s highlighter database. More than 94% of LINER's users are from outside Korea & more than 100 countries.We are reducing our customer’s research time from hundreds of minutes to tens of seconds every day with our product.
  • MobilTech — MOBILTECH is an AI-based 3D GIS startup. The company is developing a 3D spatial scanner that replicates space to supply 3D spatial information and software solutions for smart cities. It specializes in immersive digital twin and LiDAR technology. Its digital twin data is compatible with NVIDIA Omniverse and Unreal Engine.
  • Scone — Meechu (Scone) is a virtual creator and entertainment platform focused on VTuber-style digital characters. It enables users to create, animate, and stream 3D avatars using motion tracking and interactive tools. The platform supports immersive online performances, audience engagement, and digital content creation through AI-assisted avatartechnology and real-time virtual interaction systems.
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Smilegate Investment
VC Fund · Seongnam, Kyonggi-do, South Korea · 4 investments in South Korea Retail startups, 24 in the past 12 months

Smilegate Investment, founded in 1999 originally as MVP Capital, is a venture capital and private equity firm that grows remarkably alongside invested companies. Since initial venture capital funding in 2000, the firm has since organized and managed more than 30 venture capital and private equity funds and has invested in more than 200 companies with promising growth potential.

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Investment focus

  • Industry: Artificial Intelligence, Software, Health Care
  • Stage:Seed, Series A, Series B
  • Geography: South Korea, United States, Vietnam

Investor stats

  • Total investments: 297
  • Round size: Seed $694k–$6.6M; Series A $1.4M–$15M; Series B $3.6M–$47M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • RX — RX is a startup that provides an on-site analysis solution for material properties, mainly serving environment, energy, inspection, and testing needs. It also develops technology related to next-generation nuclear power plants and agentic AI, supported by national R&D activity.This company helps industries assess materials and engineeringconditions more efficiently and accurately.
  • Vectorial AI — Vectorial is a human behavior simulation platform that helps teams understand how their target audience thinks, reacts, and responds before building a product, launching a campaign, or making a strategic decision. The platform allows users to simulate distinct audiences to predict their reactions to product ideas, designs, messaging, content, and experiences.
  • AD System — AD System focuses on the development, manufacturing, sales and repairing of drones and other unmanned aerial vehicles.
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Lighthouse Combined Investment
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 4 investments in South Korea Retail startups

Lighthouse Combined Investment Homepage

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Investment focus

  • Industry: Food and Beverage, Information Technology, Sensor
  • Stage:Series A, Seed, Series B
  • Geography: South Korea, United States, Singapore

Investor stats

  • Total investments: 50
  • Round size: Seed $421k–$3M; Series A $2.7M–$9.3M; Series B $1.1M–$27M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • H2 — H2 is a Korea-based advanced energy storage company specialized in vanadium redox flow battery which is an optimal solution especially for large-scale and long-duration energy storage. H2 has developed cutting-edge EnerFLOW series energy storage using its own vanadium redox flow batteries, which is commercially available at the moment. H2 isexpected to grow fast and big due to H2's unique design and manufacturing capabilities, and a promising market of large-scale energy storage.
  • Seadronix — Seadronix is a AI technology-based autonomous navigation solutions developed by PhD researchers. It saves cost and secures safety based on various learning data.
  • BRUSH Theatre — BRUSH Theatre is a theatre for live performances.
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Bass Investment
VC Fund · Seocho, Seoul-t'ukpyolsi, South Korea · 4 investments in South Korea Retail startups

Bass Investment is a venture capital firm based in South Korea.

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Investment focus

  • Industry: Artificial Intelligence, Software, E-Commerce
  • Stage:Seed, Series A, Series B
  • Geography: South Korea, United States, Singapore

Investor stats

  • Total investments: 138
  • Round size: Seed $414k–$6.9M; Series A $2.2M–$15M; Series B $6.7M–$14M
  • Lead/follow: 20% lead, 80% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • Airbility — Korean anti-drone and counter-drone company founded in 2023 by aerospace, defense and mobility engineers. Team, milestones and careers.
  • Tect Group — We deliver real beauty based on distinctive brands and innovative marketing solutions, fostering confidence and positivity around the world.
  • BioNexus — BioNexus is an artificial intelligence (AI) biotechnology startup that specializes in automating the early stages of biomedical research and drug discovery.
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Industrial Bank of Korea
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 4 investments in South Korea Retail startups

Industrial Bank of Korea (IBK) is committed to honoring its charter of financing small and medium sized enterprises (SMEs). The Bank has extended the scope of its expertise to provide a comprehensive range of financial services to individual customers in a quest to emerge as a leading financial services group. In pursuit of that goal, IBK is making every effort to enhance its competitiveness, achieve balanced growth and strengthen its global presence. The Bank employs around 10,000 staff and operates a distribution network of 612 branches including 12 overseas branches. Providing complementary services, the Bank also operates several subsidiaries: IBK Capital Corporation, IBK-SG Asset Management, IBK System Co., Ltd., and IBK Credit Information Corporation. In 2008, IBK Investment & Securities was launched, focused on meeting the needs of SME customers for services such as IPOs and M&As. Moreover, strategic alliance with Korea Investment Holdings enhances product competitiveness and affiliation with the National Post Office promoting easy customer access to IBK banking services.

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Investment focus

  • Industry: Artificial Intelligence, Information Technology, Software
  • Stage:Series A, Series B, Seed
  • Geography: South Korea, United States, China

Investor stats

  • Total investments: 316
  • Round size: Seed $166k–$4.5M; Series A $2.3M–$17M; Series B $4.8M–$28M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • BIGC — BIGC is a technology company that offers digital marketing, content creation, and advertising services.
  • Hurotics — Hurotics is a company with deep-tech technology related to human-robot fusion.Hurotix's wearable robots, notably the 'H-Flex', are modular and give personalized support based on the user's demands, assisting users in overcoming physical restrictions.
  • Airbility — Korean anti-drone and counter-drone company founded in 2023 by aerospace, defense and mobility engineers. Team, milestones and careers.
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Korea Investment Partners
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 4 investments in South Korea Retail startups

Korea Investment Partners (KIP) is a leading venture capital & private equity firm that has over 30 years of experience in providing venture capital to bold and innovative entrepreneurs who want to change the world. Korea Investment Partners invests in leading pioneers like Kakao(KOSDAQ:035720), Naver(KRX:035420), YG Entertainment(KOSDAQ:122870), Bodyfriend, Osstem Implant(KOSDAQ:048260), Doubleu Games(KOSDAQ:192080) and Didi Chuxing. KIP manages over 20 venture and private equity funds with US$1.8 billion in total assets under management. The company operates globally from its Seoul headquarters office with other locations in Shanghai, Beijing, and Sunnyvale.

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Investment focus

  • Industry: Biotechnology, Health Care, Information Technology
  • Stage:Series A, Series B, Seed
  • Geography: South Korea, United States, China

Investor stats

  • Total investments: 548
  • Round size: Seed $973k–$10M; Series A $2.2M–$19M; Series B $4.9M–$50M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: Likely still investing — raised $60M in 2023

Portfolio highlights

  • Zamface — Zamface is an app that makes beauty video.
  • Wakebunny — Wakebunny is a company that specializes in IP-based commerce, leveraging intellectual property to create, market, and monetize unique products and experiences. By focusing on the strategic use of copyrights, trademarks, and brand assets, Wakebunny transforms original ideas, characters, and stories into commercially viable offerings across variousplatforms such as e-commerce, digital media, merchandising, and licensing.
  • Inovio Pharmaceuticals — INOVIO is advancing novel immunotherapy technologies to reshape the future of treating and preventing infectious diseases and cancer.
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Wadiz
VC Fund · Bundangdong, Kyonggi-do, South Korea · 4 investments in South Korea Retail startups

'Best business structure that connects crowdfunding, e-commerce, and brand business', 'Ready to go public on the Korean stock market', 'Accumulated transaction value of more than USD 9.6 billion+', '7.1 mil members, 10 mil monthly visitors', 'More than 18,000 crowdfunding projects in a year','Selected Korea’s Top 10 game changer brand by interbrand'

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Investment focus

  • Industry: E-Commerce, Retail, Sales
  • Stage:Seed, Series A, Equity Crowdfunding
  • Geography: South Korea

Investor stats

  • Total investments: 28
  • Round size: Seed $88k–$906k; Series A $997k–$3.7M; Equity Crowdfunding $1.3k–$1.3M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Sunnicorn — Sunnicorn develops vegan skincare products designed for sensitive skin, combining plant-based ingredients with minimalist formulations. The company focuses on creating practical daily skincare items such as cleansers, creams, and masks that support balanced skin care routines while emphasizing simple product design and accessible beauty solutions.
  • Power Player — Natural Clean Beauty
  • KOOZA — KOOZA is a kitchenware brand that offers cookware and household goods and supplies them to department stores, and live commerce companies.
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Korea Development Bank
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 4 investments in South Korea Retail startups, 47 in the past 12 months

The Korea Development Bank (KDB) provides long-term financing for projects designed to assist Koreaâ€:tm:s economic growth and development. It offers equipment capital loans and working capital loans to Korean private enterprises that undertake major industrial projects. The bank also extends guarantees to its clients to facilitate their other borrowings and to finance major industrial projects. KDB guarantees Won-denominated corporate debentures, local currency loans, and other Won liabilities and foreign currency loans from domestic and overseas Korean financial institutions and from foreign institutions. The bankâ€:tm:s other activities include engagement in a range of industrial development activities, including conducting economic and industrial research; performing engineering surveys; providing business analyses and managerial assistance; and offering trust services. As of June 30, 2007, KDB had 40 local branches, 6 overseas branches, and 2 overseas offices. The bank was founded in 1954 and is headquartered in Seoul, South Korea.

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Investment focus

  • Industry: Artificial Intelligence, Software, Information Technology
  • Stage:Series B, Series A, Series C
  • Geography: South Korea, United States, Japan

Investor stats

  • Total investments: 396
  • Round size: Series A $1.9M–$26M; Series B $4.7M–$31M; Series C $7.1M–$51M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Trioar — Trioar is a biotechnological research company that manufacture pharmaceutical products and drugs.
  • FuriosaAI — FuriosaAI develops system semiconductors optimized for AI, enabling efficient processing of large amounts of data in a short period of time.
  • NanoForge AI — Nanoforge AI merges AI-driven material design with robotics automation to cut material development time from years to weeks
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Sazze Partners
VC Fund · San Jose, California, United States · 4 investments in South Korea Retail startups, 11 in the past 12 months

Primer Sazze Partners - We like to find founders who are making the impossible happen through sheer force of will and a refusal to accept hard truths.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: South Korea, United States, Japan

Investor stats

  • Total investments: 174
  • Round size: Seed $200k–$4.5M; Pre-Seed $200k–$2.8M; Series A $264k–$15M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: Likely still investing — raised $127M in 2021

Portfolio highlights

  • Concorda — Concorda is a legal tech platform helping teams manage contracts, automate workflows, and streamline business operations.
  • Airbility — Korean anti-drone and counter-drone company founded in 2023 by aerospace, defense and mobility engineers. Team, milestones and careers.
  • Pascal — Pascal, founded in 2023, develops innovative low-pressure solid refrigerant systems for cooling applications including air conditioning and industrial uses. Join us in building better cooling solutions.
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InfoBank
VC Fund · Gyeongju, Kyongsang-bukto, South Korea · 4 investments in South Korea Retail startups

InfoBank develops and provides mobile messaging solutions and other related services. The company offers business messaging services such as SMS, LMS, and multimedia message services; interactive media services; smart car solutions; and integrated online and offline payment services. InfoBank was founded in 1995 and is based in Gyeongju, South Korea.

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Investment focus

  • Industry: Artificial Intelligence, Information Technology, Software
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: South Korea, United States, South Africa

Investor stats

  • Total investments: 167
  • Round size: Seed $85k–$1.5M; Series A $88k–$9.4M; Venture - Series Unknown $1.8M–$11M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • Pmatch — Pmatch is a comprehensive platform designed to provide reliable, accurate medication information to help users make informed decisions about their healthcare. By offering detailed insights into various medications, including their uses, dosages, side effects, and interactions, Pmatch ensures that individuals can use medicines in a smarter and saferway. The platform aims to enhance patient safety, reduce medication errors, and improve overall health outcomes by empowering users with the knowledge they need to manage their treatments effectively. Whether for healthcare professionals or patients, Pmatch serves as a trusted resource for promoting informed decision-making and better health management.
  • Switchwon — Switchwon provides currency exchange services.
  • Limpid — Limpid is a Bio pet food startup. It set new standards in pet nutrition through continuous innovation.
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East Gate Partners
VC Fund · Seongnam, Kyonggi-do, South Korea · 3 investments in South Korea Retail startups

East Gate Partners is a venture capital firm specializing in investment for businesses.

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Investment focus

  • Industry: Software, Gaming, Information Technology
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: South Korea, United States

Investor stats

  • Total investments: 41
  • Round size: Seed $340k–$2.2M; Series A $254k–$3.7M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • AIT STUDIO — AIT Studio is a digital health startup that develops AI-powered, contactless gait analysis solutions for early detection of mobility decline and age-related conditions such as sarcopenia. Our flagship products—GAIT Studio (App) and MediStep M Pro (hardware package)—deliver full gait assessments in under 1 minute, without wearables or specializedstaff.
  • Waggy Days — The first impact-actuated safety leash adapter that automatically releases when an elevator door closes on the leash.
  • Peekaboo Labs — Peekaboo Labs perfectly protects the corporate data with 'On-Device AI' without external servers, and experience overwhelming productivity even without the internet. The company eliminates servers and implements AI on 'PC'. Peekaboo Labs empower enterprises in high-compliance sectors (Finance, Healthcare, Defense) to deploypowerful LLMs within air-gapped environments. They carefully select and organize only the information needed from among over 100 documents .
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Kaist Venture Investment Holdings
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 3 investments in South Korea Retail startups

Kaist Venture Investment Holdings is a startup company that invests in startups that solve social problems through innovative technologies. They invest in businesses that maximize synergy by pursuing both social and financial values at the same time. It focuses on five sectors including health, environment, education, elimination of inequality, andsocial infrastructure. Kaist Venture Investment Holdings was founded on October 31, 2014, and is headquartered in Seoul, South Korea.

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Investment focus

  • Industry: Health Care, Information Technology, Medical
  • Stage:Seed, Grant, Angel
  • Geography: South Korea, United States, Australia

Investor stats

  • Total investments: 47
  • Round size: Seed $162k–$1.5M; Grant $7k–$1.3M
  • Lead/follow: 51% lead, 49% follow

Portfolio highlights

  • Metealth — Metealth is a company that provides simple, non-invasive genetic testing and personalized healthcare solutions using fingernails. It focuses on pain-free genetic testing and health monitoring by extracting high-quality DNA from 0.05g of fingernails rather than blood or saliva.
  • SnapScale — SnapScale develops an ontology-driven, agentic AI platform designed to automate FEED-EPC design and document verification processes for the plant engineering industry. Operating entirely on-premise to protect proprietary data, the system utilizes specialized engineering knowledge graphs to autonomously modify CAD drawings, execute hydrauliccalculations, and verify cross-document consistency. This approach eliminates structural data mismatches and slashes engineering verification cycles from weeks to a single day, preventing costly project delivery penalties.
  • K-Work Partners — K-Work Partners provide comprehensive living support services essential to foreign workers in Korea.
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Bokwang Investment
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 3 investments in South Korea Retail startups

Bokwang Investment is a Korean investment management firm that supports funds and management for small- and medium-sized companies.

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Investment focus

  • Industry: Software, Mobile, Health Care
  • Stage:Series A, Series B, Seed
  • Geography: South Korea, United States

Investor stats

  • Total investments: 50
  • Round size: Seed $469k–$2.4M; Series A $1.4M–$18M; Series B $2M–$14M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • MOAIS — MOAIS develops a smartphone AI solution that analyzes golf swing problem and offers a lesson solution. It is an on-device AI optimized for smart phones, has a video pose estimation, video segmentation, video classification, video object detection, and image processing of golf swing video.
  • Volvik — Volvik is a manufacturer of golf equipment and products.
  • PEOPLE & TECHNOLOGY — PEOPLE AND TECHNOLOGY provides DX-based AI solutions on INDOOR GEOLOCATION AND SMART SENSING through its INDOORPLUS+ IoT, Location Based System (LBS) and Real Time Location System (RTLS) platform in the fields of healthcare, manufacturing, defense, smart cities, and the public sector.More than 100 corporate customers in various business sectorssuch as healthcare, banking, manufacturing, retail, energy and public services have already chosen PEOPLE AND TECHNOLOGY to deploy industry grade solutions for employee safety, asset tracking & monitoring, security & access control, flow management and process efficiency. They have gained improvements in productivity and process efficiency while reducing their corporate risks and optimizing their procurement. Since its foundation in 2013, PEOPLE AND TECHNOLOGY has become a leading provider in South Korea and is expanding overseas.
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HITEJINRO CO
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 3 investments in South Korea Retail startups

Going global beyond number one in KOREA, HITEJINRO is grateful for your support.

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Investment focus

  • Industry: E-Commerce, Food and Beverage, Agriculture
  • Stage:Seed, Series A, Series B
  • Geography: South Korea, Japan, United States

Investor stats

  • Total investments: 27
  • Round size: Seed $144k–$1.5M; Series B $3.3M–$7.4M
  • Lead/follow: 48% lead, 52% follow

Portfolio highlights

  • FIRMMIT — FIRMMIT is an ag-tech company that optimizes growth data by securing and analyzing agricultural technology data.
  • Mr. Dad — Mr. Dad is a seller of food products.
  • TMR Founders — TMR Founders is a personal startup platform intended to help entrepreneurs grow. The company's platform offers tools and resources to solve the problems of the offline individual startup market, which has many risk factors due to information asymmetry and is inefficient, helping self-employed entrepreneurs in the start-up process.
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Goodwater Capital
VC Fund · Burlingame, California, United States · 3 investments in South Korea Retail startups

Consumer Tech Investors - We empower exceptional entrepreneurs everywhere to change the world for good.

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: United States, India, South Korea

Investor stats

  • Total investments: 915
  • Round size: Seed $850k–$7.5M; Pre-Seed $125k–$2.1M; Venture - Series Unknown $481k–$105M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: Likely actively investing — fresh fund, raised $5M in 2025

Portfolio highlights

  • Kaon — Discover prompts and AI apps built by a global community, or publish your own. FlowGPT is an open platform for building and sharing with AI.
  • Egoist Machines — Egoist Machines builds efficient full-stack ML infrastructure for reliable AI systems, from model serving and evaluation to secure deployment and operations.
  • Wrtn Technologies — Bring AGI Close to People
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AIM Investment
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 3 investments in South Korea Retail startups

AIM Investment is a private equity fund manager specializing in equity investment, mergers, and acquisitions.

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Investment focus

  • Industry: Software, Apps, Retail
  • Stage:Venture - Series Unknown, Seed, Series A
  • Geography: South Korea

Investor stats

  • Total investments: 7
  • Round size: Series A $3.3M–$5.9M; Venture - Series Unknown $7.4M–$11M
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • Volvik — Volvik is a manufacturer of golf equipment and products.
  • Diquest — diquest is a Korean enterprise search engine.
  • PersonaAI — Persona AI is a Korean artificial intelligence company that develops its own NLP-based conversational AI engine and AI contact center (AICC) solutions for businesses. It provides enterprise AI services such as chatbots, callbots, and automation platforms designed to improve customer communication and support operations. The company focuses onbuilding scalable AI infrastructure including edge AI and generative AI tools used across industries like healthcare, finance, and customer service.
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DS Asset Management
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 3 investments in South Korea Retail startups

DS Asset Management is a firm that invests in listed companies and venture firms.

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Investment focus

  • Industry: Biotechnology, Medical, Information Technology
  • Stage:Series B, Series A, Series C
  • Geography: South Korea, United States, Japan

Investor stats

  • Total investments: 104
  • Round size: Series A $1.9M–$18M; Series B $5.3M–$29M; Series C $11M–$51M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Trioar — Trioar is a biotechnological research company that manufacture pharmaceutical products and drugs.
  • DEEPX — DEEPX is a Korean AI hardware system solution company.
  • Labrador Labs — LABRADOR LABS began as an academic research collaboration initiative to develop an automated analytic method for detecting both known and new vulnerabilities.
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We Ventures
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 3 investments in South Korea Retail startups

we ventures is a VC industry with innovative venture capitalists, who invest in creative, honest, and outstanding entrepreneurs.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: South Korea, United States, Singapore

Investor stats

  • Total investments: 95
  • Round size: Seed $729k–$4.3M; Series A $2.2M–$19M; Series B $3M–$16M
  • Lead/follow: 20% lead, 80% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • GraphAI — GraphAI AI enables seamless integration of diverse data sources for fast and user-friendly AI-powered Business Intelligence (BI).GraphAI-A leverages neural networks to maintain a comprehensive graph view and swiftly reveals valuable insights from enterprise data, facilitating trend analysis and a 360-degree customer perspective. This is achievedthrough In-DB AI technology with an intuitive low-code interface.GraphAI-T delivers accelerated and robust BI analytics by leveraging the valuable insights obtained from GraphAI-A. It further facilitates transaction processing on business data through structured queries like SQL and Cypher.
  • KB-Element — KB-Element is a graphene development and production company that also turns graphene into intermediate items and novel materials.
  • Bunker Kids — Bunker Kids is a startup that provides solutions optimized for achieving personal health goals using data and algorithms.
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CRIT Ventures
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 3 investments in South Korea Retail startups

The Road Not Taken

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Investment focus

  • Industry: Gaming, Information Technology, Video Games
  • Stage:Seed, Venture - Series Unknown, Series A
  • Geography: South Korea, United States, Hong Kong

Investor stats

  • Total investments: 139
  • Round size: Seed $425k–$6.5M; Series A $1.6M–$36M; Venture - Series Unknown $287k–$42M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • A button — A button is a game development firm that focuses on massively multiplayer online role-playing games (MMORPGs), first-person shooter (FPS) games, roguelikes, and souls-likes. Averton makes extensive use of AI. This strategy enhances development efficiency by minimizing the need for information gathering, data organization, and basic repetitivetasks. In certain instances, programmer productivity can nearly double.
  • Neubility — Connecting the physical world with robotic autonomy
  • J Dragon Games — J Dragon Games is a video game studio that develops cross-platform medieval fantasy role-playing games playable simultaneously on computers and mobile devices.
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HB Investment
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 3 investments in South Korea Retail startups, 13 in the past 12 months

HB Investment Inc. was founded on November 11, 1999 starting with paid-in Capital of KRW 10 billion. Since its foundation, HB Investment Inc. has been investing small and medium businesses that have the potential for steady growth and profitability and helping the invested companies to grow well by giving various consulting services. As a result, HB Investment Inc. constructed comprehensive portfolio out of various industrial areas, such as game, entertainment, as well as representative high-tech industries related to semiconductor, Internet, LCD, and a smart phone, bio, health care. In addition, HB Investment Inc. has experiences in implementing business Success-fully by organizing several partnership funds for recent years.

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Investment focus

  • Industry: Biotechnology, Software, Health Care
  • Stage:Venture - Series Unknown, Series B, Series A
  • Geography: South Korea, United States, Vietnam

Investor stats

  • Total investments: 189
  • Round size: Series A $1.2M–$15M; Series B $3.6M–$25M; Venture - Series Unknown $717k–$23M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Trioar — Trioar is a biotechnological research company that manufacture pharmaceutical products and drugs.
  • 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.
  • Yipscell — Yipscell is a biotech company that develops IPSC stem cell therapy to diagnose and treat incurable diseases.
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SBVA
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 3 investments in South Korea Retail startups, 8 in the past 12 months

Established in 2000 as an early-stage venture capital arm of SoftBank Group, SBVA has a storied history of empowering extraordinary entrepreneurs across the globe. In 2023, we joined forces with The Edgeof, a global startup ecosystem builder founded by Taizo Son, JP Lee, and Atsushi Taira and began our new chapter as an independent entity with a renewed commitment to fostering innovation and technological advancement.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Series A, Series B, Seed
  • Geography: South Korea, United States, China

Investor stats

  • Total investments: 311
  • Round size: Seed $878k–$9.5M; Series A $1.5M–$38M; Series B $3.7M–$60M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely actively investing — fresh fund, raised $23M in 2026

Portfolio highlights

  • Nums AI — New predictions from the examples in your data, without task-specific retraining.
  • Dentlink — A state-of-the-art digital dental lab, made by masters. All-on-X, veneers, implant crowns. One dedicated master technician on every case. First case free.
  • WIRobotics — My First-Ever Robot
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Altos Ventures
VC Fund · Menlo Park, California, United States · 3 investments in South Korea Retail startups

We are privileged to invest on behalf of institutional investors, most with charitable, educational, or non-profit missions. Serving entrepreneurs is a calling for us, and we look to partner with companies with an equally strong sense of purpose.

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Investment focus

  • Industry: Software, E-Commerce, Internet
  • Stage:Series A, Series B, Series C
  • Geography: South Korea, United States, Canada

Investor stats

  • Total investments: 415
  • Round size: Series A $2.1M–$26M; Series B $4.1M–$35M; Series C $5.2M–$57M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: Likely actively investing — fresh fund, raised $350M in 2026

Portfolio highlights

  • Soraban — The cloud-based platform modernizing and automating menial work for tax firms.
  • PureSpace — Shelf-Life Extension Technology: Remarkably effective ethylene scrubber designed to keep fruits and vegetables fresher for longer. 50% food waste reduction in the supply chain. Explore more.
  • Branders.com — Branders.com sells instantly customizable promotional items suchs as pens, hats, magnets, etc for marketing, sales, and event planning. They provide a single source to locate, design, order, and track promotional items online. Branders.com experience also offers you the following benefits to help you with your purchase: - Provides aone-stop shop for customizing merchandise - Aids in product selection with advanced, custom search and recommendation services - Allows you to customize and decorate your own products online and in real-time - Reduces fulfillment activities - Improves corporate identity management
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Devsisters Ventures
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 3 investments in South Korea Retail startups

Venture Capital firm in Korea. We are interested in early-stage investment in gaming, healthcare/biotech, IT services and high technology companies.

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Investment focus

  • Industry: Software, Biotechnology, Gaming
  • Stage:Venture - Series Unknown, Series A, Seed
  • Geography: South Korea, United States, Russian Federation

Investor stats

  • Total investments: 109
  • Round size: Seed $441k–$3.5M; Series A $1.7M–$8.7M; Venture - Series Unknown $7.7M–$11M
  • Lead/follow: 8% lead, 92% follow
  • Last fund: Likely still investing — raised $23M in 2023

Portfolio highlights

  • Deeply — Deeply provides AI-powered sound analysis solutions for real-time monitoring across manufacturing, industrial safety, and security environments.
  • Red Brick House — Red Brick House is a specialized South Korean indie game publisher dedicated to discovering, supporting, and publishing innovative independent games, helping talented developers bring creative and engaging gaming experiences to players across domestic and global markets.
  • AWESOME Entertainment — AWESOME Entertainment is a media and digital content company that provides YouTube content production, influencer and MCN management, advertising and branded content creation, and media commerce services. The comapny supports brands with campaign planning, viral video production, and distribution across multiple social platforms, while alsooffering production outsourcing and partnership services to maximize audience reach and engagement.
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SBI Investment Korea
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 3 investments in South Korea Retail startups, 8 in the past 12 months

SBI Investment Co., Ltd. has established itself as a true partner of the Republic of Korea venture business development in the past 28 years as a venture capital concept introduced first in Korea in 1986 was even unfamiliar concept of 'venture'. SBI Investment Co., Ltd. is a direct excavation domestic / other promising venturesinvestment as well as domestic / external funding attracted through cooperation with institutional investors and technology, marketing, public offering (IPO), the law, adhere to the role which has been providing comprehensive services such as Value-up tax.

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Investment focus

  • Industry: Information Technology, Software, Artificial Intelligence
  • Stage:Series A, Series B, Series C
  • Geography: South Korea, United States, Japan

Investor stats

  • Total investments: 117
  • Round size: Series A $2.7M–$15M; Series B $4.9M–$32M; Series C $8.5M–$38M
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • XCENA — XCENA is a semiconductor company that develops data-centric computing systems designed for AI and large-scale data processing environments. The company builds computational memory technology that combines high-capacity pooled DDR5 memory with near-data processing capabilities, allowing computation to occur closer to where data is stored. Its coreplatform is based on the Compute Express Link (CXL) standard, which enables memory expansion beyond traditional CPU limitations while improving data movement efficiency and reducing latency in data center workloads. XCENA’s architecture is designed to support applications such as artificial intelligence workloads, vector databases, and large-scale analytics by addressing memory bandwidth and capacity constraints. The company provides a hardware-software ecosystem that includes computational memory systems and a full-stack software development kit. This SDK offers APIs, runtime tools, and drivers that allow applications to use computational memory without major changes to existing software architectures while also supporting low-level control for performance optimization.XCENA’s flagship product line includes MX1, a CXL-based computational memory solution that integrates near-data processing engines with memory infrastructure to support AI inference and data-intensive workloads. The platform is designed to improve throughput and scalability in environments where traditional memory architectures become a bottleneck. The company operates in the broader field of AI infrastructure and memory innovation, working with customers such as hyperscalers, telecom providers, and research institutions that manage large-scale computing workloads. Its solutions are intended to improve efficiency in systems handling AI, big data processing, and scientific computing.
  • Automata — Automata builds ontology-driven enterprise systems that execute. Zenith verifies decisions, grades knowledge, and turns institutional memory into software you can run.
  • Cenyx Biotech — Cenyx Biotech develops diagnostic and therapeutic nano-compounds formed based on nanozymes and nanoparticles.
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TBT
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 3 investments in South Korea Retail startups

TBT is an Adventure Capital.We are more than your average VC investor; we are always up for an adventure. Investment means more than just transfer of capital for us. We want to be a discussion partner that discovers possibilities beyond risk and aligns growth with progress. We want to share decades of industry knowledge and experience in internetand mobile services to build services and products that can make the world a better place.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Series A, Seed, Series B
  • Geography: South Korea, United States

Investor stats

  • Total investments: 56
  • Round size: Seed $743k–$5.1M; Series A $678k–$18M; Series B $3M–$16M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • Shopl & Company — From Scheduling to Task management and Communication. Collaborate easily with teams on site with Shopl.
  • LIVEKLASS — LIVEKLASS is an operator of a knowledge-based platform intended to offer independent education. LIVEKLASS allows one to learn about any topic they want by creating and operating a variety of live classes.
  • Medistream — Medistream operates an integrated platform for oriental medicine.
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DSC Investment
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 3 investments in South Korea Retail startups, 14 in the past 12 months

DSC Investments invests in early stage and growth companies in the field of corporate identify and focus, IT, software, biotechnology, machinery, and future high-growth areas such as environment and resources.

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Investment focus

  • Industry: Artificial Intelligence, Health Care, Software
  • Stage:Series A, Series B, Seed
  • Geography: South Korea, United States, Israel

Investor stats

  • Total investments: 270
  • Round size: Seed $441k–$9.7M; Series A $1.7M–$17M; Series B $4.8M–$60M
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • OQT — OQT is focusing on developing QPUs utilizing neutral atoms.
  • FuriosaAI — FuriosaAI develops system semiconductors optimized for AI, enabling efficient processing of large amounts of data in a short period of time.
  • NanoForge AI — Nanoforge AI merges AI-driven material design with robotics automation to cut material development time from years to weeks
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Big Basin Capital
VC Fund · Cupertino, California, United States · 3 investments in South Korea Retail startups

Big Basin Capital is a venture capital firm based in Silicon Valley, investing in early-stage startups in Korea and the United States.

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Investment focus

  • Industry: E-Commerce, Software, Apps
  • Stage:Seed, Series A, Series B
  • Geography: South Korea, United States, Singapore

Investor stats

  • Total investments: 90
  • Round size: Seed $448k–$2M; Series A $1.1M–$7M; Series B $2.5M–$11M
  • Lead/follow: 20% lead, 80% follow
  • Last fund: May invest from a new fund soon — last raise in 2013

Portfolio highlights

  • Willog — As a fast-growing startup, Willog provides a “item-level condition monitoring” that innovates the supply chain of sensitive, perishable or valuable goods where condition monitoring is required, and its efforts are to create a transparent and connected logistics flow. Based on its patented sensor technology and its cloud-based software, Willog helpscompanies gain seamless visibility down to the item-level and control over their shipments across their supply chain so they can have condition foresights and insights to improve their bottom line.Willog acquired 25 enterprise customers including MNCs like Hyundai Motor Group and DHL Express since its establishment. Willog is rapidly expanding its presence in various industries including bio-pharmaceutical, fresh food, and special logistics, where condition monitoring is key to business continuity. Going forward, while strengthening its leadership position in Korea, Willog will accelerate global expansion with partnerships in America, Kazakhstan, and Malaysia.
  • Dentlink — A state-of-the-art digital dental lab, made by masters. All-on-X, veneers, implant crowns. One dedicated master technician on every case. First case free.
  • 276 Holdings — 276 Holdings is a finance company that offers corporate financial service flow and a new flow of trade receivables value to companies.
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Hashed
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 3 investments in South Korea Retail startups, 8 in the past 12 months

Hashed is a global, early stage venture fund focused on backing founders who are pioneering the future of blockchain and cryptocurrency. Hashed is based in Seoul and San Francisco.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Financial Services
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: South Korea, United States, Singapore

Investor stats

  • Total investments: 333
  • Round size: Seed $1M–$15M; Series A $2.6M–$37M; Venture - Series Unknown $2M–$40M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Oh — Chat live with uncensored AI girlfriends and digital twins of top creators. Flirty, personalised conversations, voice, and steamy images. Discover your favourite companion on OhChat.
  • Chance Studios — Every Collection Starts With A Chance
  • Chance Studios — Every Collection Starts With A Chance
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SK Securities
VC Fund · Yongdungpo, Seoul-t'ukpyolsi, South Korea · 2 investments in South Korea Retail startups

SK Securities is a South Korea-based financial service provider that specializes in the securities market. It primarily engaged in securities brokerage, dealing and underwriting businesses, covering stocks, futures, options, government bonds, corporate bonds, foreign exchanges, and financial derivative products. The company also involves in theinvestment banking business, which provides acquisition, project financing services, and wealth management services.SK Securities was founded in 1955.

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Investment focus

  • Industry: Information Technology, Apps, Health Care
  • Stage:Series A, Seed, Series B
  • Geography: South Korea, United States, Singapore

Investor stats

  • Total investments: 40
  • Lead/follow: no public data

Portfolio highlights

  • DSRV — DSRV, a leading blockchain infrastructure company, offers A-Z solutions across the entire ecosystem for 160+ institutions through vertical integration of technologies such as staking, custody, and validators.
  • Hutom — Reshaping Surgery Through Digital Innovation
  • Soft Berry — Soft Berry is an electric vehicle charging platform.
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CJ ENM
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 2 investments in South Korea Retail startups

CJ ENM is a Korean entertainment and mass media company.

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Investment focus

  • Industry: Software, Apps, Artificial Intelligence
  • Stage:Series A, Series B, Pre-Seed
  • Geography: South Korea, United States, Japan

Investor stats

  • Total investments: 15
  • Lead/follow: no public data

Portfolio highlights

  • PulseAd — PulseAd harnesses the latest in machine learning technology to transform your retail advertising efforts, ensuring each campaign you run is data-driven, highly targeted, and optimized for success across major platforms like Amazon, Walmart, and Target. It's an intelligent advertising solution that empowers your brand to make impactfulconnections with customers, scaling your presence in the global marketplace. With PulseAd, you're not just running ads—you're embracing a strategic partner that propels your brand to new heights with every click and conversion.
  • Pozalabs — AI Music Startup
  • wavve — wavve is an app for sharing audio from your podcast, music and recordings on social media.
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Ascendo Ventures
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 2 investments in South Korea Retail startups

Ascendo Ventures is a Seoul, Korea-based venture capital firm that strives to be a true lifecycle partner for the fastest growing, game-changing Asian tech companies. From the moment we invest in our portfolio companies, we commit to being a long-term partner and ascend together embracing the treme

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Investment focus

  • Industry: E-Commerce, Medical, Health Care
  • Stage:Seed, Series A, Series B
  • Geography: South Korea, United States, Taiwan

Investor stats

  • Total investments: 36
  • Lead/follow: no public data

Portfolio highlights

  • Aldavar — ALDAVER provides incredibly realistic personalized surgical training models using innovative biopolymer materials that closely resemble human tissues and 3D printing technology.
  • Ugly Lab — Ugly Lab is a waste-tech startup that provides subscription-based waste collection services and consulting.
  • H Energy — H Energy provides optimal operation of distributed resources and power brokerage services.
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Antler
VC Fund · Singapore, Central Region, Singapore · 2 investments in South Korea Retail startups, 116 in the past 12 months

Build your next company with Antler, a global day zero investor enabling exceptional founders to start great companies, from the very beginning. Apply now!

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Pre-Seed, Seed, Series A
  • Geography: United Kingdom, Singapore, Australia

Investor stats

  • Total investments: 683
  • Lead/follow: no public data

Portfolio highlights

  • Rovers — Global Agricultural IP Company
  • Vern — Made with love in Sydney
  • Whisper — Whisper offers next-gen, real-time threat intelligence by leveraging a vast semantic graph built from 45 billion interconnected data points.
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KOSME
VC Fund · Jinju, Kyongsang-namdo, South Korea · 2 investments in South Korea Retail startups

KOSME specializes in providing youth entrepreneurship services. It offers support for all the stages of the startup lifecycle. it has contents that major programs, entrepreneurship education, practical education for startups, multiple coaching systems focusing on practical business. additional, follow-up supports for graduate companies forovercoming the Death Vally and innovation growth.

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Investment focus

  • Industry: Manufacturing, E-Commerce, Health Care
  • Stage:Seed, Series A
  • Geography: South Korea, United States

Investor stats

  • Total investments: 38
  • Round size: Seed $74k–$2.4M; Series A $743k–$37M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • Cloudike — Cloudike powers cloud storage. Cloudike helps OEMs, mobile and Internet service providers acquire, retain, and upsell their customers by offering a compelling personal cloud experience under their own brand.
  • VivaLabs — VivaLabs is a health tech company that analyzes senior health data with AI technology and implements a personalized exercise prescription system to provide scientific strength training programs.
  • Studio Galilei — Studio Galilei is an SFO platform company that operates and manages mobility services.
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TINVESTMENT
VC Fund · Yeoksamdong, Seoul-t'ukpyolsi, South Korea · 2 investments in South Korea Retail startups, 6 in the past 12 months

TINVESTMENT is a venture capital investment firm.

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Investment focus

  • Industry: Manufacturing, Health Care, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: South Korea, United States

Investor stats

  • Total investments: 44
  • Round size: Seed $328k–$26M; Series A $3.4M–$9M; Series B $3.4M–$16M
  • Lead/follow: 2% lead, 98% follow

Portfolio highlights

  • RLWRLD — RLWRLD specializes in "Physical AI" by creating robotics foundation models (RFMs) designed to enable robots to function autonomously in real-world environments.
  • Nexusbe — Nexusbe is a manufacturer of atomic layer equipment technology intended to provide vacuum deposition equipment.
  • Protier Biotech — PROTIER Biotech is a company leading the development of therapeutics through innovative biotechnology .
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Stone Bridge Ventures
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 2 investments in South Korea Retail startups

Stone Bridge Ventures invests in entrepreneurs with bold ideas that improve and expand people's lives, industries, and markets. They provide professional assistance and a network of contacts geared towards businesses in order to help them expand.

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Investment focus

  • Industry: Artificial Intelligence, Software, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: South Korea, United States, South Africa

Investor stats

  • Total investments: 101
  • Round size: Seed $1.6M–$10M; Series A $2.5M–$18M; Series B $2.7M–$22M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: Likely still investing — raised $138M in 2022

Portfolio highlights

  • OQT — OQT is focusing on developing QPUs utilizing neutral atoms.
  • Enhans — Viralpick provides IT services for organizations including data analysis, automation, acquisition, and advertising services.
  • Amber Road — Amber Road is the creator of an operation management-focused data analysis program. By analyzing the data based on the input data, the company's platform generates a customized AI model and business insight report that requires the input of manufacturing process data.
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Korea Omega Investment
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 2 investments in South Korea Retail startups

Korea Omega Investment Finance is a private equity and venture capital firm

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Investment focus

  • Industry: Biotechnology, Medical, Health Care
  • Stage:Series A, Series B, Seed
  • Geography: South Korea, United States, France

Investor stats

  • Total investments: 41
  • Round size: Seed $762k–$1.5M; Series A $3.7M–$15M; Series B $5.9M–$54M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • MVRIX — MVRIX is a forward-thinking biotechnology company that focuses on pushing the boundaries of therapeutic innovation. The company specialises in developing new drugs based on platform technology related to membranes and viruses, enabling humans to be free from the attack of viruses and microorganisms. Additionally, it offers engineerable recombinantbotulinum toxin and virucidal therapeutics.
  • ActionFit — ActionFit is a video game company with expertise in developing and publishing video games for the mobile platform.
  • Brenus Pharma — Brenus Pharma develops off-the-shelf, next-generation in vivo immunotherapies designed to unlock the immune response against solid tumors.
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Retail VC funding in South Korea at a glance

Stats across 478 deals from 452 investors.

452
investors
in South Korea Retail startups
478
deals
in South Korea Retail startups
$2.5M
median round
in South Korea Retail startups
32%
lead investors
lead at least one round
43%
Seed
most common funding stage

Access all 452 VC funds in South Korea Retail startups.

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