Kiwoom Investment

Kiwoom PE Fund is a buyout fund managed by Kiwoom Asset Management, located in Seoul, South Korea. The fund focuses on acquiring and managing established companies, with an emphasis on creating value through operational improvements and strategic growth initiatives. Kiwoom Asset Management, founded in 1988, specializes in asset management and investment consultation services. The firm operates within a broader ecosystem of Kiwoom Investment, which was established in 1999 and provides venture capital funding primarily to early-stage companies in various sectors, including ICT, bio and medical, and consumer goods. Through its diverse investment strategies, Kiwoom PE Fund aims to enhance the performance of its portfolio companies while contributing to the growth of the South Korean economy.

Past deals in South Korea

Dankkumi

Series B in 2022
Operator of an educational platform intended to offer enjoyable learning content for children. The company provides informative and beneficial children's humanities content and prepares diverse stories, enabling children to think, feel, and learn on their own.

Maymust

Series A in 2022
Developer of a cloud technology designed to provide a secure digital workspace for all users in an organization. The company provides licenses and technical consulting services, enabling clients to provide hardware, software, and integrated maintenance.

Space Oddity

Series A in 2022
Developer an online music platform designed to create a new music company that fits the current times. The Company's platform has gathered experts from various fields who create and operate a variety of content and data platforms based on music under the mission of benefiting the world through music, enabling music companies to find undervalued singers in the music market.

Enerever

Series B in 2022
Enerever Battery Solution is a leading manufacturer in South Korea specializing in battery coating products and separators. The company produces eco-friendly materials for secondary batteries, focusing on water-based coatings that provide uniform thickness while preserving the integrity of individual particles. This innovative approach enables manufacturers in various sectors, including electric vehicles, mobile phones, and e-bicycles, to utilize efficient coating solutions for their battery production. Additionally, Enerever is the only comprehensive separator company in Korea, offering services that include fabric coating, slitting, and battery can manufacturing. Through its advanced technologies, Enerever plays a significant role in enhancing the performance and sustainability of battery materials.

Spark Biopharma

Series C in 2022
SPARK BioPharma Co., Ltd. was established in Seoul National University in January 2016 based on the unique drug molecule diversity technology, the image-based screening technology using the unique fluorescent skeleton probe, and the target protein identification technology in the initial drug development stage. We are currently exploring and developing new drug candidates using these three core technologies, and we will continue to accelerate the development of new drugs and increase the success rate through strategic cooperation research with domestic and overseas research institutes and pharmaceutical institutions. '

Fintech

Series A in 2021
Fintech is a leading data solution service company.

N.thing

Series B in 2021
N.thing, Inc. is a South Korean company founded in January 2014, specializing in IoT technology for the gardening and agriculture sectors. Headquartered in Seoul, with a North American branch in New York, the company aims to connect people with nature through innovative solutions. N.thing offers a range of products, including the Planty Cube, an internet-connected indoor farm equipped with LED technology and real-time monitoring, and the Planty Square, a modular hydroponic kit that allows users to grow various plants easily. Additionally, Planty serves as the world's first internet-connected social pot, enabling users to monitor their plants' conditions and share their gardening experiences. The company also provides a smart gardening journal called Life, which helps plant enthusiasts document and share their gardening activities on social media. N.thing's mission is to enhance the gardening experience by integrating technology, making it accessible for anyone to engage in farming and plant care.

N.thing

Series B in 2021
N.thing, Inc. is a South Korean company founded in January 2014, specializing in IoT technology for the gardening and agriculture sectors. Headquartered in Seoul, with a North American branch in New York, the company aims to connect people with nature through innovative solutions. N.thing offers a range of products, including the Planty Cube, an internet-connected indoor farm equipped with LED technology and real-time monitoring, and the Planty Square, a modular hydroponic kit that allows users to grow various plants easily. Additionally, Planty serves as the world's first internet-connected social pot, enabling users to monitor their plants' conditions and share their gardening experiences. The company also provides a smart gardening journal called Life, which helps plant enthusiasts document and share their gardening activities on social media. N.thing's mission is to enhance the gardening experience by integrating technology, making it accessible for anyone to engage in farming and plant care.

Travel Wallet

Series B in 2021
Developer of a mobile-based foreign currency platform designed to provide digital travel wallet services. The company's platform includes a currency exchange service, real-time exchange rates, an exchange rate calculator, local cash pick-up, physical card issuance, and an exchange rate graph, enabling tourists and business travelers to get fast and easy money exchange service at a competitive rate compared to retail banks.

CMES

Series B in 2021
Developer of three-dimensional (3D) robot vision technology designed to increase production efficiency in major industries. The company's technology recognizes and coordinates irregularly shaped products, creates optimal robot passes to increase the accuracy of the automotive processes, and automates essential manufacturing processes at a reasonable cost, enabling businesses to be precise and efficient.

Huvis

Series A in 2021
Huvis Corp is a South Korea based company, operates in fiber and polyester business. It manufactures fiber materials such as super fiber, environment-friendly fiber, and differentiated fiber. In addition, it also involved in the water treatment market with core technologies related to water treatment, such as water purification, wastewater treatment, and seawater desalination. The group holds manufacturing plants in Jeonju, Ulsan and China, and a research and development center in Daejeon.
OliX Pharmaceuticals is a clinical stage biotechnology company based in Suwon, South Korea, specializing in the development of RNA interference (RNAi) therapeutics aimed at treating various dermal, ophthalmic, and pulmonary diseases. The company's diverse product pipeline includes treatments such as OLX101 for skin scars, OLX102 for skin whitening, OLX103 for atopic dermatitis, OLX104 for hair loss, OLX105 for anti-wrinkle applications, and OLX106 for diabetic foot ulcers. Additionally, it is developing therapies for age-related macular degeneration, retinitis pigmentosa, lung fibrosis, asthma, influenza, neuropathic pain, liver fibrosis, and cancer immunotherapy. OliX Pharmaceuticals has also formed a collaboration with Théa to advance SiRNA therapeutics specifically for ophthalmic conditions. Established in 2010, the company leverages its proprietary RNAi technology to regulate the expression of genes associated with diseases.

Jocoos

Series B in 2020
Jocoos Co., Ltd. is a South Korean company founded in 2012, specializing in video transcoding and real-time video editing software for mobile and web environments. The company offers a range of products, including J Player, which combines transcoding and live streaming solutions, and Naïve, a video editing tool designed for instantaneous video editing. Additionally, Jocoos has developed SURT, a mobile application aimed at helping artists and musicians showcase their talents and connect with agencies, recording companies, producers, and fans. By providing engaging platforms, Jocoos supports individuals in pursuing their creative aspirations and achieving their goals in the entertainment industry.

ILIAS

Series B in 2020
ILIAS Biologics is a biotechnology company that specializes in therapeutic molecules. The company features platform technology that enables experts to load large therapeutic molecules into exosomes. ILIAS Biologics is developing various therapeutic exosomes, a potential treatment for sepsis, pre-term birth, and various hard-to-treat diseases in inflammatory and metabolic areas.

Parameta

Series B in 2020
Parameta is a blockchain technology company based in Seoul, South Korea, founded in May 2016. It specializes in providing a robust blockchain platform tailored for financial investment firms, insurance companies, and healthcare organizations. The company offers an optimized environment for various applications to access its blockchain network, facilitating enhanced performance through distributed ledger technology. Parameta's platform includes features for managing system operations, such as user authentication, node management, and permission control for participants. It supports significant innovations in financial transactions, digital currencies, and the Internet of Things (IoT) by leveraging its self-developed blockchain engine, loopchain. As a technology partner for prominent organizations, including the Korea Financial Investment Association and Kyobo Life Insurance, Parameta aims to enhance scalability and security within existing platforms while maximizing the utility of blockchain technology.

Odd Concepts

Series B in 2020
Odd Concepts Inc. develops computer vision and artificial intelligence technology solutions. The company’s products include an image recognition platform which is a portfolio of ready to use image recognition and search technology, as a cloud based API service and computer vision consulting. It develops an online software technology for video content searches to link offline shopping businesses to create O2O market. The company was incorporated in 2012 and is based in Seoul, South Korea.

ONE Store

Venture Round in 2019
One Store is a mobile app market that allows users to download apps that are limited in Korea only. It is run by mobile carriers SK Telecom, KT, LG Uplus and tech company Naver. It has combined its own four different platforms for Android-based smartphones and other mobile devices. Users can upgrade one of the apps to use One Store. It can be used on Android phones and tablets in Korea. It provides games, apps, mobile commerce, e-books, and video content to 35 million members. It was founded in 2016 and is headquartered in Seongnam Gyeonggi-do, South Korea.

Market Designers

Series B in 2019
Developer of an on-demand matching platform designed to connect service providers with customers. The company's platform uses algorithms and on-demand experience to match customers' needs with service areas such as professional moving, cleaning, mortgage, and education, enabling service providers to increase their visibility and expand their client base.

Rainist

Series C in 2019
Rainist Co., Ltd. is a South Korean financial technology company founded in 2012 and based in Seoul. The company develops a financial application known as BankSalad, which collects and analyzes users' financial data to provide recommendations for expenditure analysis and personal financial management. BankSalad also offers tailored suggestions for financial products, such as credit cards, based on users' spending patterns. Through these services, Rainist aims to enhance individuals' financial decision-making and improve their overall financial well-being.

NDREAM

Venture Round in 2018
Developer of online games intended to bring new joy to everyone in the world. The company specializes in developing massive multi-player online games with 3D animated characters, strategy simulations, and life-like visuals, enabling gamers with an immersive gaming experience.

Rainist

Series A in 2017
Rainist Co., Ltd. is a South Korean financial technology company founded in 2012 and based in Seoul. The company develops a financial application known as BankSalad, which collects and analyzes users' financial data to provide recommendations for expenditure analysis and personal financial management. BankSalad also offers tailored suggestions for financial products, such as credit cards, based on users' spending patterns. Through these services, Rainist aims to enhance individuals' financial decision-making and improve their overall financial well-being.
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