Korea Venture Investment Corp

The Korea Venture Investment Corporation (KVIC), established in 2005, is a Fund of Funds management company dedicated to fostering the growth of the private equity sector in South Korea. As a wholly owned subsidiary of the Small Business Corporation (SBC) of Korea, KVIC manages the Korea Fund of Funds (KFOF), which is backed by the Korean government. The organization focuses on investing in venture capital funds both domestically and globally, thereby supporting the development of the local private equity industry. Through its strategic investments, KVIC aims to enhance the overall investment landscape and promote innovation within the region.

http://www.k-vic.co.kr

http://www.kvic.or.kr

https://crunchbase.com/organization/korea-venture-investment-corp

https://www.capitaliq.com/CIQDotNet/company.aspx?companyId=59120216

https://www.privateequityinternational.com/database/#/profile?id=2041

Kang-Rae Chi

Chief Executive Officer

Sang Ik Jang

Managing Director

Seung-heum Lee

Director - Planning and Coordination Department

Ji-chan Lee

Investment Professional

Gi-hong Sung

Director - Investment Management Headquarter

Hyo Hwan Yun

Senior Managing Director

Past deals in South Korea

Kidop

Seed Round in 2021

Kidop Co., Ltd. offers home schooling kits for school children. The company is based in Seoul, South Korea.

Naver

Venture Round in 2020

Naver Corporation, founded in 1999 and headquartered in Seongnam, South Korea, operates as an internet portal and mobile services provider on a global scale. The company is known for its innovative search technologies, including Comprehensive Search and Real-time Rising Keyword, as well as user-generated content platforms such as Blogs and Cafes. Naver has also developed Junior Naver, a children’s portal, and Happybean, an online donation site. It pioneered the webtoon industry with its digital comics service launched in 2004. Additionally, Naver offers various services through its subsidiary LINE Corporation, including the mobile messenger LINE and the video messenger Snow. The company is involved in diverse areas such as fintech, digital content, cloud services, software development, internet commerce, and search advertising, contributing significantly to its comprehensive digital ecosystem.

LYCLE

Seed Round in 2019

Lycle Company Co., Ltd. provides a mobile rental application for outdoor activity equipment, such as bicycles, surfing, camping, and ski equipment in South Korea. The company is based in Seoul, South Korea.