SBI Investment

SBI Investment is the corporate venture capital arm of SBI Holdings, based in Tokyo, Japan. It funds and supports the growth of private venture companies by managing venture capital funds and attracting capital from institutional partners. The firm backs a broad range of technology-driven sectors, including artificial intelligence, blockchain, fintech, information technology, cybersecurity, e-commerce, biotechnology, life sciences, healthcare, and environmental energy. Through regional operations such as SBI Investment Korea, it engages with startups in Korea and focuses on sectors including healthcare, consumer, ICT, entertainment, information services, and manufacturing. SBI Investment aims to create value by helping portfolio companies scale, form strategic partnerships, and pursue exits via initial public offerings or acquisitions, reinforcing its role in fostering innovation and core industries in the 21st century.

Ahn Jae- gwang

Director

Shotaro Iwano

Deputy General Manager

Akira Kawamura

Deputy General Manager

Katsuya Kawashima

Director and President

Tomoyuki Nii

Executive Officer and Director

Past deals in South Korea

Medipixel

Series B in 2023
Medipixel, Inc. is a South Korean MedTech startup founded in 2017, specializing in artificial intelligence-based diagnostic software and semi-autonomous robotic systems for lung cancer and cardiac interventions. The company is comprised of a team of AI experts in computer vision, deep learning, and reinforcement learning, collaborating with top healthcare professionals, including those at Seoul Asan Medical Center, to enhance disease diagnosis and surgical procedures. Medipixel offers three primary solutions for intervention surgeons: an AI-based diagnosis tool that assists in identifying lesions during coronary angiography, a guide and planning solution that visualizes coronary arteries to facilitate guidewire manipulation, and an automated navigation engine that directs robotic units through arteries with real-time commands. These innovations aim to improve surgical outcomes and patient safety by reducing reliance on contrast agents and enhancing the precision of interventions.

A-Pro Semicon

Series A in 2023
A-Pro Semicon is a South Korean manufacturer specializing in gallium nitride (GaN) technology. The company designs and produces GaN power and RF semiconductors, catering to diverse industries including electric vehicles, e-mobility, and household appliances. It offers integrated solutions, from initial design to final manufacturing, and supplies GaN power devices and related equipment to its clients.

Rznomics

Series C in 2022
Rznomics is a biotechnology company focused on developing RNA-based gene therapies and related gene therapy products to treat cancer and other intractable diseases. It aims to create new biopharmaceuticals for cancers, degenerative neurological diseases, and hereditary conditions, including approaches for liver cancer. Originating from Professor Lee Sung-wook’s laboratory, the company has been recognized for technology excellence and was selected by the TIPS program, underscoring its potential in advancing gene therapy.

Y&Archer

Series A in 2022
Y&Archer is an accelerator and incubator based in Seoul, South Korea, founded in 2015. It helps startups expand into global markets with a focus on Asian companies seeking international growth. The organization leverages a network of venture capitalists, consultants, marketers, and domain experts to support growth through a Market-Driven Program that diagnoses business items and systems to identify customizable solutions. It serves business-to-business, business-to-consumer, and technology sectors, helping early-stage companies scale internationally.

RideFlux

Series A in 2021
RideFlux is a South Korean self-driving software company focused on safe and reliable autonomous transportation. The firm develops autonomous driving software and pilot services, including remote vehicle control and high-precision map operation, to enable safe, efficient mobility. Founded in 2018, RideFlux conducts development and testing in Jeju Island, leveraging its varied road environments and weather conditions to advance urban autonomy. The company aims to provide integrated software and services that support autonomous driving for consumer and mobility services, emphasizing safety and reliability in autonomous transportation.

Neurophet

Series B in 2021
Founded in 2016, Neurophet is a neuroscience company based in Seoul, South Korea. It specializes in developing advanced brain stimulation simulation software, Neurophet tES Lab, and neuro-navigation technology to aid clinicians in treating patients with brain diseases.

8Percent

Series D in 2021
8Percent is a prominent online financial services provider in South Korea, specializing in peer-to-peer lending. The company operates a platform that connects small investors with borrowers, allowing individuals to fund loans directly. This innovative model enables borrowers to repay loans monthly, providing investors with an opportunity to earn interest returns averaging around eight percent. By leveraging advanced evaluation systems and technology, 8Percent offers high-yield financial products, contributing to a healthier public finance landscape while enhancing investment options for its clients.

Bankware Global

Series B in 2021
Founded in 2010 and headquartered in Seoul, Korea, Bankware Global specializes in the development of banking and financial software systems tailored for various sectors, including retail, corporate, private, treasury, and microfinance banks. With a presence in three countries and four offices, the company serves over 100 financial institutions across seven countries in the Asia Pacific region. Bankware Global is recognized for its expertise in core banking solutions, having supplied its software to five digital banks in markets such as Korea, China, Japan, and Taiwan. The company is distinguished as a leading provider of core banking solutions in Korea, focusing on delivering innovative financial institution products and transaction software to both domestic and international clients.

Brandi

Series B in 2020
Brandi is a vertical commerce company founded in 2014 and headquartered in Seoul, South Korea. It operates a retail platform specializing in the fashion and beauty sectors, providing both B2C and B2B shopping experiences. Brandi offers a diverse range of products, including clothing, cosmetics, and home interior items. The company focuses on creating a connected ecosystem that links manufacturers, wholesalers, and consumers, thereby aiding young individuals in engaging with current fashion trends. Through its platform, Brandi aims to make various clothing brands accessible to customers at affordable prices.

BioSquare

Series A in 2020
BioSquare Inc. is a biotechnology company based in Seongnam-si, South Korea, founded in 2017. The company specializes in the development of platform detection chemistry known as Quantum PACK, which is utilized to manufacture in vitro diagnostic products. By leveraging this advanced technology, BioSquare creates point-of-care testing devices and develops assays designed for mission-critical healthcare settings. Their innovations aim to enhance assay stability, sensitivity, and multiplexing capabilities, ultimately providing healthcare practitioners with reliable diagnostic tools.

Brandi

Series C in 2020
Brandi is a vertical commerce company founded in 2014 and headquartered in Seoul, South Korea. It operates a retail platform specializing in the fashion and beauty sectors, providing both B2C and B2B shopping experiences. Brandi offers a diverse range of products, including clothing, cosmetics, and home interior items. The company focuses on creating a connected ecosystem that links manufacturers, wholesalers, and consumers, thereby aiding young individuals in engaging with current fashion trends. Through its platform, Brandi aims to make various clothing brands accessible to customers at affordable prices.

Influential

Series B in 2020
Influential Inc. is a South Korean company founded in 2008 that specializes in publishing books and audiobooks. It operates a subscription service for its online audiobooks, catering to a wide audience. Additionally, Influential organizes lectures and seminars featuring industry experts, offering professional speaking services to companies and organizations around the globe. The company's focus on disseminating knowledge through various formats positions it as a key player in the educational and professional development sectors.

Odd Concepts

Series B in 2020
Odd Concepts Inc. is a technology company specializing in computer vision and artificial intelligence solutions. Founded in 2012 and based in Seoul, South Korea, it offers a comprehensive portfolio of image recognition and search technologies delivered as a cloud-based API service. The company's innovative platform is designed to meet diverse customer needs by allowing for the tuning and combination of analysis engines to achieve optimal results. Additionally, Odd Concepts develops software for video content searches, facilitating connections between offline retail businesses and online markets. This enables clients to conduct product data analysis and provide personalized product recommendations, enhancing the overall shopping experience.

Brandi

Series A in 2020
Brandi is a vertical commerce company founded in 2014 and headquartered in Seoul, South Korea. It operates a retail platform specializing in the fashion and beauty sectors, providing both B2C and B2B shopping experiences. Brandi offers a diverse range of products, including clothing, cosmetics, and home interior items. The company focuses on creating a connected ecosystem that links manufacturers, wholesalers, and consumers, thereby aiding young individuals in engaging with current fashion trends. Through its platform, Brandi aims to make various clothing brands accessible to customers at affordable prices.

RideFlux

Venture Round in 2020
RideFlux is a South Korean self-driving software company focused on safe and reliable autonomous transportation. The firm develops autonomous driving software and pilot services, including remote vehicle control and high-precision map operation, to enable safe, efficient mobility. Founded in 2018, RideFlux conducts development and testing in Jeju Island, leveraging its varied road environments and weather conditions to advance urban autonomy. The company aims to provide integrated software and services that support autonomous driving for consumer and mobility services, emphasizing safety and reliability in autonomous transportation.

Neurophet

Series A in 2020
Founded in 2016, Neurophet is a neuroscience company based in Seoul, South Korea. It specializes in developing advanced brain stimulation simulation software, Neurophet tES Lab, and neuro-navigation technology to aid clinicians in treating patients with brain diseases.

StyleShare

Series D in 2020
StyleShare Inc. is a South Korean company founded in 2011 that specializes in designing and developing a mobile and web application focused on fashion, beauty, and lifestyle. The platform serves as a real-time space for users to share and receive updates related to these interests, allowing individuals to showcase their daily outfits and recent purchases. With millions of users across 120 countries, StyleShare has established itself as a leading mobile platform in the fashion and beauty sector, earning recognition from prominent publications such as VOGUE, Instyle, and Elle Japan. Through its innovative application, StyleShare facilitates a vibrant community where users can connect over their shared passion for fashion.

Spoon Labs

Series B in 2019
Spoon is a personal audio broadcasting platform based in Seoul, South Korea, that enables users to share stories, ideas, and music through voice. The platform allows individuals to create personal broadcasts, conduct voice blogs, and share user-generated content, fostering a community where users can connect and engage with one another about real-life issues. By focusing on voice as the primary medium, Spoon offers a comfortable and accessible way for users to communicate and express themselves creatively.

Neurophet

Series A in 2019
Founded in 2016, Neurophet is a neuroscience company based in Seoul, South Korea. It specializes in developing advanced brain stimulation simulation software, Neurophet tES Lab, and neuro-navigation technology to aid clinicians in treating patients with brain diseases.

Rznomics

Series A in 2019
Rznomics is a biotechnology company focused on developing RNA-based gene therapies and related gene therapy products to treat cancer and other intractable diseases. It aims to create new biopharmaceuticals for cancers, degenerative neurological diseases, and hereditary conditions, including approaches for liver cancer. Originating from Professor Lee Sung-wook’s laboratory, the company has been recognized for technology excellence and was selected by the TIPS program, underscoring its potential in advancing gene therapy.

Raonsecure

Venture Round in 2019
Raonsecure Co., Ltd. is an ICT security software company based in Seoul, South Korea, specializing in security solutions for financial institutions, government entities, and enterprises. Founded in 1998 and originally known as Lumensoft Ltd., the company rebranded in October 2012. Raonsecure offers a range of products, including TouchEn OnePass, a biometric authentication solution that facilitates secure payments, mobile banking, and access to various online services. The company also engages in ICT security consulting and holds multiple patents in the integrated security and IoT sectors. Raonsecure is committed to advancing future-oriented technologies and products that enhance integrated authentication through innovative methods, including human and device authentication and FIDO-based solutions.

Sugarhill

Series B in 2018
Sugarhill is a Korean company that develops an online commercial real estate platform called Nemo. The platform enables users to register and promote offices, shops, and shared office properties, while providing information to support reliable transactions and contracts. It aims to improve information symmetry by incorporating private data and also offers furniture and office supplies to help clients outfit and manage office spaces.

Vuno

Series B in 2018
Vuno Inc. is a South Korean company specializing in the development of artificial intelligence solutions for the medical field. Founded in 2014, Vuno focuses on creating AI-based products that assist healthcare professionals in analyzing medical data and diagnosing diseases. Its notable offerings include BoneAge, which assesses bone age, DeepBrain, designed for the analysis of neurodegenerative diseases, and a chest X-ray diagnostic support system. Additionally, Vuno provides fundus AI for eye abnormalities and LungCT AI for detecting and reporting pulmonary nodules. The company serves a range of clients, including Asan Medical Center and HYUNDAI, and also offers VunoMed, a platform for analyzing various medical data types, including videos, ECGs, and electronic medical records.

kukka

Series A in 2018
kukka is a Seoul-based flower company founded in 2014 that provides flower delivery and subscription services for offices, showrooms, ateliers, events, and homes through retail stores and online channels. Its offerings include corporate event flowers, promotional flower boxes, customer-care flowers, and floral decorations, as well as flower subscription, bouquet delivery (including same-day service), and custom flower design. The company serves individual and corporate customers, enabling them to order fresh flowers online and for workplace environments.

TIE

Series A in 2018
TIE, founded in 2016 and based in Seongnam, Gyeong-Gi, is a manufacturing company dedicated to revolutionizing the mobility of goods and people through innovative drone technology. The company specializes in developing unmanned aerial vehicles (UAVs) and personal aerial vehicles (PAVs) to address the challenges of traditional ground transportation. TIE is committed to creating a cost-effective, safe, and reliable drone delivery service utilizing its in-house developed fully autonomous technology. With a team of experts in aviation, robotics, artificial intelligence, computer vision, machine learning, and logistics, TIE aims to transform daily transportation and enhance mobility solutions. The company's focus on hardware development and engineering projects positions it as a pioneer in next-generation mobility, offering smarter and more stable drone platforms for various applications.

Yanolja

Series C in 2018
Yanolja is a Seoul-based global leisure and travel platform offering online booking for accommodation, leisure activities and transportation. It provides information and booking capabilities for hotels worldwide and operates a technology platform that serves hotels, residences, food and beverage venues, and leisure facilities with cloud-based software solutions. The company uses technologies such as artificial intelligence, blockchain and the Internet of Things to link suppliers and customers across the travel value chain, delivering integrated services from discovery to booking. Founded in 2005, Yanolja aims to simplify and unify travel experiences on a global scale.

Podbbang

Series B in 2018
Podbbang is a South Korea-based audio content platform specializing in podcasts. The company offers a diverse range of audio programming, including genres such as culture, entertainment, current affairs, economy, language, and sports. Its platform features content from writers and professional voice actors, as well as audiobooks read by entertainers and lectures on various subjects. Podbbang aims to facilitate an easy and enjoyable experience for users who wish to consume and create audio content.

Norma

Series A in 2018
Norma Inc. is a computer network security company based in Korea that specializes in cyber asset security and information asset security consulting services. The company focuses on providing comprehensive solutions to protect organizations from cyber threats, ensuring the integrity and confidentiality of their information assets. By leveraging advanced security technologies and expertise, Norma aims to address the evolving challenges in the cybersecurity landscape, helping clients enhance their security posture and mitigate risks associated with digital assets.

Tera Funding

Series A in 2018
Tera Funding is a real estate investment firm based in Seoul, South Korea, specializing in a peer-to-peer lending platform that connects small investors with opportunities in the construction sector. The firm facilitates loans for small to mid-sized properties and construction projects, offering mortgaged-backed products across three investment strategies: safe investments, balanced portfolios, and high-risk, high-return options. Tera Funding employs a systematic risk management process to ensure that investments are thoroughly assessed, allowing investors to engage securely in the real estate market. Through its online platform, Tera Funding aims to democratize access to real estate financing, enabling more individuals to participate in the sector.

Jeju Beer Company

Series A in 2016
Jeju Beer Company is a Jeju, South Korea-based brewery founded in 2015 that owns and operates its own brewery and produces beer.

Yanolja

Series B in 2016
Yanolja is a Seoul-based global leisure and travel platform offering online booking for accommodation, leisure activities and transportation. It provides information and booking capabilities for hotels worldwide and operates a technology platform that serves hotels, residences, food and beverage venues, and leisure facilities with cloud-based software solutions. The company uses technologies such as artificial intelligence, blockchain and the Internet of Things to link suppliers and customers across the travel value chain, delivering integrated services from discovery to booking. Founded in 2005, Yanolja aims to simplify and unify travel experiences on a global scale.

Vuno

Series A in 2016
Vuno Inc. is a South Korean company specializing in the development of artificial intelligence solutions for the medical field. Founded in 2014, Vuno focuses on creating AI-based products that assist healthcare professionals in analyzing medical data and diagnosing diseases. Its notable offerings include BoneAge, which assesses bone age, DeepBrain, designed for the analysis of neurodegenerative diseases, and a chest X-ray diagnostic support system. Additionally, Vuno provides fundus AI for eye abnormalities and LungCT AI for detecting and reporting pulmonary nodules. The company serves a range of clients, including Asan Medical Center and HYUNDAI, and also offers VunoMed, a platform for analyzing various medical data types, including videos, ECGs, and electronic medical records.

Flitto

Series B in 2016
Flitto Inc. is a South Korean language data company that offers a wide range of translation services through its online platform and mobile application. Founded in 2012 and headquartered in Seoul, Flitto connects requesters with translators, facilitating translations across text, voice, image, and video formats. The platform supports approximately 25 languages, including Korean, English, Chinese, Spanish, French, Japanese, and Arabic, catering to a global user base of over 10 million individuals in 173 countries. In addition to its crowdsourced translation services, Flitto has expanded its offerings to include professional translation, AI-driven translation, video subtitle translation, and crowdsourced proofreading. The company has also established branches in China and Japan and collaborates with major enterprises such as Microsoft, Tencent, and Samsung to provide language data services and corporate translation solutions. Flitto aims to bridge linguistic barriers and enhance communication across cultures.

Mesh Korea

Series B in 2016
VROONG, a brand under Mesh Korea, is a prominent player in the last-mile logistics sector, known for its innovative approach to delivery services. It offers a range of solutions including premium delivery services through 'VROONG Prime', an integrated logistics management solution called 'VROONG TMS', fresh food delivery with 'VROONG Fresh', and a delivery magazine known as 'VROONG Collection'. VROONG boasts over 80 stations and a network of 13,000 riders across South Korea, enabling it to provide fast and reliable delivery services. The company leverages its platform to enhance the efficiency of the delivery process, connecting logistics companies, restaurants, and local stores through a streamlined application. This integration fosters a systematic logistics network, positioning VROONG as a key innovator in the industry.

8Percent

Series B in 2016
8Percent is a prominent online financial services provider in South Korea, specializing in peer-to-peer lending. The company operates a platform that connects small investors with borrowers, allowing individuals to fund loans directly. This innovative model enables borrowers to repay loans monthly, providing investors with an opportunity to earn interest returns averaging around eight percent. By leveraging advanced evaluation systems and technology, 8Percent offers high-yield financial products, contributing to a healthier public finance landscape while enhancing investment options for its clients.

Yello Mobile

Convertible Note in 2016
Yello Mobile Inc. is a mobile service and platform provider based in Seoul, South Korea, focusing on various sectors such as shopping, media, advertisement, travel, and offline-to-online services. Established in 2012, Yello Mobile comprises over 40 companies, including those specializing in mobile commerce, social applications, and web services. The company offers a comprehensive Shopping Media platform that allows users to compare prices across e-commerce sites and facilitates sellers with product registration and cross-border commerce. Its Media & Vertical Apps portal caters to entertainment needs, while Yello Digital Marketing provides solutions for digital marketing strategies and mobile ad networks. Additionally, Yello Mobile operates an Online Travel Agency for reservations and specialized platforms for accommodations. The company also supports offline businesses through services like Healthcare O2O, O2O Payment, and consulting focused on marketing and management. Yello Mobile's growth is attributed to its collaborative approach and commitment to enhancing mobile services that align with users' lifestyles.

Neofect

Series B in 2015
Neofect Co. Ltd, founded in 2010 by Hoyoung Ban, Scott Kim, and Young Choi, is a South Korean company focused on developing innovative rehabilitation training products and services for patients with neurological and musculoskeletal injuries. Its flagship product, the RAPAEL Smart Glove, was introduced in 2014 and has received FDA clearance, gaining traction among home patients and hospitals worldwide, including prominent institutions like NewYork-Presbyterian and the Department of Veterans Affairs. In addition to the Smart Glove, Neofect offers a range of products such as the RAPAEL Smart Pegboard, RAPAEL Smart Board, and RAPAEL Smart Kids. The company has also engaged in research, including a study with the National Rehabilitation Center in Korea that demonstrated the effectiveness of virtual reality-based rehabilitation combined with traditional therapy for stroke patients. Neofect operates offices in South Korea, the U.S., and Germany, with its products available in those regions and across Europe.

HelloWorld

Venture Round in 2015
Helloworld is a Korean software company that specializes in online delivery solutions. It has developed an integrated platform tailored for small to medium-sized food companies, facilitating the management of deliveries and operational processes. The platform streamlines various functions, including order placement, order receipt, delivery coordination, and point-of-sale transactions, all within a single operating system. By addressing the challenges faced by its clients, Helloworld enhances their ability to provide efficient food delivery services.

Mesh Korea

Series B in 2015
VROONG, a brand under Mesh Korea, is a prominent player in the last-mile logistics sector, known for its innovative approach to delivery services. It offers a range of solutions including premium delivery services through 'VROONG Prime', an integrated logistics management solution called 'VROONG TMS', fresh food delivery with 'VROONG Fresh', and a delivery magazine known as 'VROONG Collection'. VROONG boasts over 80 stations and a network of 13,000 riders across South Korea, enabling it to provide fast and reliable delivery services. The company leverages its platform to enhance the efficiency of the delivery process, connecting logistics companies, restaurants, and local stores through a streamlined application. This integration fosters a systematic logistics network, positioning VROONG as a key innovator in the industry.

Neofect

Series B in 2015
Neofect Co. Ltd, founded in 2010 by Hoyoung Ban, Scott Kim, and Young Choi, is a South Korean company focused on developing innovative rehabilitation training products and services for patients with neurological and musculoskeletal injuries. Its flagship product, the RAPAEL Smart Glove, was introduced in 2014 and has received FDA clearance, gaining traction among home patients and hospitals worldwide, including prominent institutions like NewYork-Presbyterian and the Department of Veterans Affairs. In addition to the Smart Glove, Neofect offers a range of products such as the RAPAEL Smart Pegboard, RAPAEL Smart Board, and RAPAEL Smart Kids. The company has also engaged in research, including a study with the National Rehabilitation Center in Korea that demonstrated the effectiveness of virtual reality-based rehabilitation combined with traditional therapy for stroke patients. Neofect operates offices in South Korea, the U.S., and Germany, with its products available in those regions and across Europe.

Neofect

Venture Round in 2012
Neofect Co. Ltd, founded in 2010 by Hoyoung Ban, Scott Kim, and Young Choi, is a South Korean company focused on developing innovative rehabilitation training products and services for patients with neurological and musculoskeletal injuries. Its flagship product, the RAPAEL Smart Glove, was introduced in 2014 and has received FDA clearance, gaining traction among home patients and hospitals worldwide, including prominent institutions like NewYork-Presbyterian and the Department of Veterans Affairs. In addition to the Smart Glove, Neofect offers a range of products such as the RAPAEL Smart Pegboard, RAPAEL Smart Board, and RAPAEL Smart Kids. The company has also engaged in research, including a study with the National Rehabilitation Center in Korea that demonstrated the effectiveness of virtual reality-based rehabilitation combined with traditional therapy for stroke patients. Neofect operates offices in South Korea, the U.S., and Germany, with its products available in those regions and across Europe.
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