Neoply

Neoply is a venture capital firm and startup accelerator based in Seongnam, South Korea. Established in 2008, it focuses on seed investments in South Korean startups, particularly those operating in the blockchain sector. In addition to providing financial support, Neoply offers mentoring, networking opportunities, and office space to help startups grow and succeed. The firm has incubated over 40 startups and has made follow-on investments ranging from KRW 50 million to KRW 500 million. Notably, Neoply's first exit was with SundayToz, which was set to be listed on the KOSDAQ in 2013. As a subsidiary of Neowiz Games, Neoply continues to play a significant role in nurturing the startup ecosystem in South Korea.