SK Group

SK Group, established in 1953 and headquartered in Seoul, South Korea, operates across multiple sectors, including energy, chemicals, information technology, and logistics on a global scale. The organization emphasizes a dual approach of autonomy and collaboration, enabling each affiliate to enhance its competitiveness and maximize enterprise value through independent management. Simultaneously, these affiliates foster synergies through voluntary cooperation, contributing to the group's overall sustainable growth and development.

Dong-Hyun Jang

CEO

23 past transactions

TerraPower

Series A in 2022
TerraPower, LLC, founded in 2008 and based in Bellevue, Washington, focuses on developing advanced nuclear energy technology aimed at providing sustainable and economical electricity production. The company is primarily known for its traveling wave reactor (TWR), which generates heat and electricity by utilizing fuel made from depleted uranium. In addition to its core TWR technology, TerraPower operates laboratories to support nuclear research and engineering, develops radioisotope generators for medical applications, and is working on molten chloride fast reactor (MCFR) solutions to extend the benefits of nuclear technology to sectors beyond electricity generation. The company aims to enhance the reliability of nuclear power plants while addressing issues of energy independence, environmental sustainability, and waste management.

TerraPower

Venture Round in 2022
TerraPower, LLC, founded in 2008 and based in Bellevue, Washington, focuses on developing advanced nuclear energy technology aimed at providing sustainable and economical electricity production. The company is primarily known for its traveling wave reactor (TWR), which generates heat and electricity by utilizing fuel made from depleted uranium. In addition to its core TWR technology, TerraPower operates laboratories to support nuclear research and engineering, develops radioisotope generators for medical applications, and is working on molten chloride fast reactor (MCFR) solutions to extend the benefits of nuclear technology to sectors beyond electricity generation. The company aims to enhance the reliability of nuclear power plants while addressing issues of energy independence, environmental sustainability, and waste management.

Geminus

Seed Round in 2022
Geminus.AI, Inc. is a company based in Palo Alto, California, that specializes in developing artificial intelligence systems tailored for industrial processes. Founded in 1990, Geminus creates a platform designed to empower engineers and industrial operators to make rapid and informed decisions in environments characterized by high uncertainty. The company's offerings focus on self-optimized design and predictive operational intelligence, enhancing the performance and efficiency of various industrial assets, including refineries, power plants, satellites, and ships. By leveraging advanced AI applications, Geminus aims to support operators and engineering service providers in improving their operational capabilities.

The CrownX

Secondary Market in 2021
The Crown X is an integrated consumer-retail platform.

BigPay

Corporate Round in 2021
BigPay is re-imagining banking by building a state-of-the-art technology platform to deliver fair and transparent financial services across Southeast Asia. We want to help a new generation of people take back control of their money and rediscover value in financial services. BigPay launched in January 2018 and is growing rapidly in one of the fastest-growing markets in the world. We now have offices in Singapore, Kuala Lumpur, and soon to come in other ASEAN cities. Our mission is to use technology and data to make financial inclusion a reality for Southeast Asia.

TBM

Corporate Round in 2021
TBM Co., Ltd. is a Japanese company that specializes in the research, production, and sale of LIMEX, an innovative alternative to paper and plastics made from limestone. Founded in 2011 and based in Tokyo, with additional offices in Kyoto and San Francisco, TBM offers a wide range of products, including LIMEX sheets for applications such as menus, business cards, and posters, as well as LIMEX plastic alternatives for items like containers and stationery. The company aims to provide sustainable solutions to reduce reliance on traditional materials and distributes its products globally. TBM operates as a subsidiary of ZERO Co., Ltd.

Monolith

Corporate Round in 2021
Monolith Materials, Inc. is a manufacturer of natural gas-based carbon black and hydrogen, headquartered in Lincoln, Nebraska, with an additional office in San Carlos, California. Founded in 2012, the company utilizes a proprietary process to convert natural gas into carbon black, which is used in a variety of applications such as tires, industrial rubber products, plastics, coatings, and petroleum refining. Alongside carbon black, Monolith produces hydrogen tail-gas, a co-product that can be utilized in power generation or sold into industrial gas markets. The company aims to deliver its products in a cost-effective and environmentally responsible manner.

The Wave Talk

Series B in 2021
The Wave Talk, Inc. is a South Korean company specializing in the development and manufacturing of advanced biosensors for real-time bacterial detection. Founded in 2006 and based in Daejeon, the company focuses on addressing critical health and safety issues in the food and healthcare industries. Its innovative sensor technology allows for the rapid detection of bacteria in various environments, including water sources and food production systems, thereby facilitating the production of aseptic water and promoting food safety. Unlike traditional methods that can take hours or even days, The Wave Talk's sensor provides immediate results, significantly reducing the risk of food-borne illnesses and antimicrobial resistance. By leveraging this cutting-edge technology, the company aims to enhance public health and safety by ensuring clean and safe water and food.

Plug Power

Post in 2021
Plug Power Inc. specializes in hydrogen fuel cell solutions for electric mobility and stationary power markets across North America and Europe. The company focuses on advanced proton exchange membrane (PEM) fuel cell technologies and offers a range of products, including GenDrive, a hydrogen PEM fuel cell system for material handling electric vehicles, and GenFuel, which encompasses hydrogen fueling delivery and storage systems. Additionally, Plug Power provides GenCare for ongoing maintenance of its fuel cells, GenSure for modular stationary power solutions, and ProGen, a fuel cell stack used in various applications. With a commitment to creating a green hydrogen ecosystem, Plug Power aims to establish hydrogen highways and deliver sustainable energy solutions across multiple sectors, including telecommunications and transportation. Founded in 1997 and headquartered in Latham, New York, the company serves retail-distribution and manufacturing businesses through direct sales and partnerships with original equipment manufacturers and dealer networks.

Imexpharm

Corporate Round in 2020
Imexpharm Corporation, founded in 1977 and headquartered in Cao Lanh, Vietnam, is involved in the manufacture, import, export, and trade of a wide range of pharmaceutical products. The company produces oral and injectable antibiotics, as well as medications for various medical fields, including digestion, central nervous system, cardiovascular health, diabetes, musculoskeletal disorders, respiratory issues, and pain relief. Additionally, Imexpharm offers products for anti-allergy, ophthalmology, and anti-parasitic treatments, alongside vitamins and minerals. The company also engages in the import and export of medical equipment, supplies, and materials essential for medicine manufacturing and packaging, as well as chemicals used for sterilization and disinfection.

Consensys

Venture Round in 2019
ConsenSys is a leading blockchain venture production studio focused on building a robust ecosystem of consumer-oriented products and enterprise solutions, primarily utilizing Ethereum technology. The company aims to facilitate the transition to Web 3.0, which it envisions as a foundation for more open, efficient, and accessible economic systems. ConsenSys identifies opportunities for software development and promotes collaboration among various ventures to enhance innovation and idea exchange. By creating platforms, applications, and tools that support Web 3.0, ConsenSys strives to ensure these solutions effectively meet customer needs. The organization also collaborates with blockchain experts and partners to develop open infrastructure, positioning itself at the forefront of technological advancements that have the potential to disrupt various industries.

Vingroup

Post in 2019
Vingroup Joint Stock Company is a prominent Vietnamese enterprise primarily focused on the real estate sector. The company engages in the development, sale, and management of residential properties such as apartments and villas, and it also leases office and retail spaces. Vingroup is involved in various services, including hospitality and entertainment, operating hotels, resorts, and amusement parks, as well as providing healthcare and educational services. The company manages shopping malls, supermarkets, and convenience stores, and it offers retail services for fashion, electronics, and household goods. Additionally, Vingroup manufactures automotive vehicles and mobile phones, and provides consultancy, construction, and logistics services. Founded in 1993 and headquartered in Hanoi, Vingroup has diversified its activities to include agricultural products, pharmaceuticals, and technology research while expanding its presence across multiple sectors in Vietnam.

LonDian

Corporate Round in 2019
Shenzhen Longdian Electric Co., Ltd. was established in 1996 with a registered capital of 290 million. It is a national high-tech enterprise integrating power equipment, new energy and new materials. Shenzhen Longdian Electric Co., Ltd. is not only based on the domestic market, but also has a fruitful market in overseas markets. The products are widely used in more than 20 Nordic countries, the United Kingdom, Germany, Portugal, Japan, South Korea, South America, Thailand, Indonesia, Malaysia and Bangladesh. The national region is an international leading enterprise that implements the strategy of the Belt and Road.

Blue Racer Midstream

Private Equity Round in 2019
Blue Racer Midstream, LLC specializes in the development and provision of midstream infrastructure and services focused on natural gas. Founded in 2012 and headquartered in Dallas, Texas, the company operates in key areas including Marshall County, West Virginia, and Ohio. Its offerings include natural gas gathering, compression, treating, processing, and transportation, as well as condensate handling and the fractionation, storage, transportation, and marketing of natural gas liquids. Blue Racer Midstream operates interconnected midstream assets that facilitate the movement of natural gas products from production sites in the Utica and southwestern Marcellus shales to market, enabling customers in the Appalachian basin to access essential midstream services and optimize their pricing outcomes. The company is a joint venture between Dominion Resources and Caiman Energy II.

Enechange

Series B in 2018
Enechange Co., Ltd., founded in April 2015 and based in Tokyo, Japan, operates a comprehensive electricity plan comparison website that assists consumers in selecting their electricity providers. The company provides online switching services for energy and gas, facilitating a more informed decision-making process for users. In addition to its comparison platform, Enechange offers an Energy Marketing Acceleration Platform (EMAP), which supports electricity and gas retailers with marketing and customer acquisition through cloud-based solutions. The company also specializes in AI-driven technologies for energy digitalization, including profitability analysis and demand response services. By promoting energy deregulation, Enechange aims to optimize energy usage and streamline the switching process for consumers, contributing to a more competitive energy market in Japan.

AMPAC Fine Chemicals

Acquisition in 2018
AMPAC Fine Chemicals LLC is a custom manufacturer specializing in active pharmaceutical ingredients (APIs) and registered intermediates for the global pharmaceutical industry. Founded in 1998 and based in Rancho Cordova, California, the company operates production facilities in California, Texas, and Virginia. AMPAC Fine Chemicals offers a range of services, including the production of high-potency APIs, process development, and scale-up, while ensuring compliance with current Good Manufacturing Practices (cGMP). The company also utilizes advanced technologies such as simulated moving bed chromatography for industrial-scale separation processes. In addition to manufacturing, AMPAC Fine Chemicals provides comprehensive laboratory services, including release testing, method development, stability studies, and compound characterization. As a subsidiary of SK Holdings Co., Ltd., AMPAC Fine Chemicals demonstrates a strong commitment to supporting pharmaceutical and biotechnology clients throughout various phases of product development.

MEGVII

Series C in 2017
Incorporated in 2011, Megvii is committed to make greatest value for customers and the whole society with extraordinary technology. Megvii is an Artificial Intelligence company specialized in providing enterprises and developers with intelligent solutions and data services, and is dedicated to the mission of “Create machines that can see and think”. Based on its original deep learning system Brain++, Megvii seeks to build AI Engine, a core fundamental technology powering various AI application. It is leveraging on recognition, control, optimization and other algorithms to connect individuals, objects and scenarios, building a product platform of IoT OS. It is connecting standardized hardware like sensors, robots and personal devices with AI+IoT (AIoT), thus commercializing three application-oriented IoT brains on a large scale, namely, city brain, supply chain brain, and personal life brain. Megvii is building an operation system for the era of AIoT. Megvii is an AIoT solutions expert.

Poolus

Series A in 2017
Poolus Inc. designs and develops ride sharing application that provides real time carpool matching services through smart phone. The company provides application for passengers and drivers. It also provides driver certification program. Poolus Inc. was founded in 2016 and is based in Seoul, South Korea.

Socar

Series B in 2017
Socar Inc. is a car-sharing service based in Jeju-si, South Korea, that facilitates eco-friendly transportation through its platform. Founded in March 2012, the company allows users to book cars for personal use via its website and smartphone applications. Socar has built a substantial community, boasting over 1.7 million registered users, with approximately 50,000 active monthly users and around 80,000 transactions each month. The company owns and operates a fleet of vehicles while also offering franchise opportunities. In 2015, Socar secured $18 million in funding, making it one of the highest fundraising achievements for a South Korean startup at the time, with notable participation from Bain Capital.

DiaMedica

Post in 2016
DiaMedica Therapeutics Inc., a clinical stage biopharmaceutical company, focuses on the development and commercialization of recombinant proteins for the treatment of kidney and neurological diseases. Its lead drug candidate is DM199, a recombinant human tissue kallikrein-1 protein, which has completed Phase Ib clinical trials for the treatment of patients with moderate or severe chronic kidney disease caused by Type I or Type II diabetes; and Phase II REMEDY trials for the treatment of patients with acute ischemic stroke. The company also develops DMDx, a diagnostic tool to measure human tissue kallikrein-1 levels. It has a license and collaboration agreement with Ahon Pharmaceutical Co Ltd. to develop and commercialize DM199 for acute ischemic stroke. The company was formerly known as DiaMedica Inc. and changed its name to DiaMedica Therapeutics Inc. in December 2016. DiaMedica Therapeutics Inc. was founded in 2000 and is headquartered in Minneapolis, Minnesota.

HelioVolt

Private Equity Round in 2013
HelioVolt's FASST process eliminates the expense of slicing photovoltaic circuits and assembling individual solar cells into modules. Its line of integrated platform circuits can be adapted to a range of sizes and shapes and applied to almost any construction material including glass, steel, metal, composites and some polymers. Resultant solar cells are thinner, easier and cheaper to manufacture than silicon panels.

HelioVolt

Private Equity Round in 2011
HelioVolt's FASST process eliminates the expense of slicing photovoltaic circuits and assembling individual solar cells into modules. Its line of integrated platform circuits can be adapted to a range of sizes and shapes and applied to almost any construction material including glass, steel, metal, composites and some polymers. Resultant solar cells are thinner, easier and cheaper to manufacture than silicon panels.
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