Korea Venture Investment Corp

Established in 2005, Korea Venture Investment Corp is a government-backed institution under the Ministry of SMEs and Startups. Based in Seoul with additional offices in California, Shanghai, and Singapore, it invests globally in venture capital funds through its 'Korea Fund of Funds'.

Past deals in South Korea

CURAUM

Series B in 2023
Founded in 2017, CURAUM specializes in developing and selling oral care and sleep-related healthcare products. Its key offerings include Clium Cleaner for dental device cleaning, Clium S-Guard for managing obstructive sleep apnea and snoring, and the Clium System for personalized chronic sleeping disorder management.

WHYNOT Media

Series C in 2022
WHYNOT Media is a Seoul-based media company that develops and produces digital entertainment, including content IP, short-form drama, web entertainment, branded content, and transmedia storytelling. It operates a web content production platform that creates adaptable content franchises centered on drama, tailoring output to diverse cultural backgrounds to reach broader audiences. The company emphasizes easy access to entertainment through its platform by developing scalable web dramas and related formats.

Ingine

Series B in 2022
Ingine Inc. is a technology company based in Seoul, South Korea, founded in 2017. It specializes in the development of a wave energy converter known as INwave, which effectively transforms tidal energy generated from waves into electricity. This innovative technology is capable of operating in shallow waters, addressing the limitations faced by traditional converters. By harnessing the full range of wave movements, Ingine enables clients to generate power in environments where other solutions may not be viable, positioning itself as a significant player in the renewable energy sector focused on wave power generation.

Anipen

Convertible Note in 2021
Anipen is a Korean company focused on developing 3D content and augmented reality applications tailored for short video platforms and video games. The firm utilizes advanced augmented reality and deep learning technologies to create engaging content, including AR web TV shows, promotional videos for social media, and animated clips optimized for mobile devices. By providing these innovative solutions, Anipen enables enterprises to enhance their video communication and entertainment offerings, thereby promoting their products effectively in a competitive digital landscape.

Naver

Venture Round in 2020
Naver is a South Korean technology company and internet platform that operates a leading search engine and e-commerce ecosystem, offering fintech services, digital content, and cloud computing. It has developed advanced search features such as comprehensive search, Knowledge iN, and real-time keyword insights, and supports user-generated content through services like Blog and Cafe, as well as lifestyle portals such as Junior Naver and a donation platform called Happybean. Naver pioneered webtoon distribution in 2004 and continues to produce and distribute digital comics. It also maintains mobile and web services for global markets, including LINE, its messaging platform through a subsidiary, along with related apps such as Snow and BAND. Beyond consumer services, the company engages in software development, IT infrastructure operations and security, online shopping, mobile apps marketing, and various content and media activities. Founded in 1999 and based in Seongnam, South Korea, Naver has evolved into a broad internet platform with diverse services.

Robo Arete

Pre Seed Round in 2020
Robo Arete is a robotics company specializing in the Food and Beverage (F&B) industry, established with the goal of innovating humanity's culinary culture and F&B business through the Robotics Kitchen. Comprising experts in robotics who directly execute development, deisgn, programming, and assembly of robotics automation systems, the team possess a comprehensive understanding of robotics. As a first project, we developed a robotics system equipped with the capability to automatically fry a variety of menu items, ranging from chicken to French fries. Since 2020, we have been operating our own chicken brand, "Robert Chicken," testing and continously enhancing the system in diverse environmnets, including delivery-focused stores, restaurants with dine-in options, shared kitchens, food trucks and others. The Robo Arete frying robot solution has been successfully implemented in various brands, including GS25, BHC, Hangry Joe's Hot Chicken, and ORG. The Robert Chicken familiy is expanding not only in South Korea but also in several countries. Franchise stores of Robert Chicken are set to open in the United States, Mexico, the Philippines, Singapore, and other countries in the first half of 2024, as part of an active pursuit of global market expansion. Robo Arete is also in the process of developing automation solutions for various cooking processes beyond frying, including hamburger patties and noodles. Additionally, we have developed robotic bartender for soju cocktails, currently being installed at the flagship Robert Chicken store in New York, with plans for public unveiling in the first half of 2024.

Bluereo

Series A in 2020
Bluereo designs and manufactures electric suction toothbrushes for individuals with limited mobility due to sickness, disability, or injury. Their products feature sonic vibration, LED lighting, water suction, smart monitoring, and a rechargeable battery, ensuring convenient oral hygiene without spills or swallowing.

CloudHospital

Seed Round in 2020
CloudHospital is a global online platform that connects patients worldwide with top medical providers. It offers services in English, Chinese, and Russian, facilitating comparisons of healthcare professionals' services and fees. The platform enables hospitals and clinics to efficiently reach a global audience.

Bluereo

Equity Crowdfunding in 2020
Bluereo designs and manufactures electric suction toothbrushes for individuals with limited mobility due to sickness, disability, or injury. Their products feature sonic vibration, LED lighting, water suction, smart monitoring, and a rechargeable battery, ensuring convenient oral hygiene without spills or swallowing.

VisualCamp

Venture Round in 2020
VisualCamp develops eye-tracking technology for virtual reality head-mounted displays and smartphones. Its solutions cover VR and AR eye tracking, including gaze analysis, look-and-action, foveated rendering, and intention analysis, along with smartphone eye tracking and remote eye-tracking kits. The company provides SDKs for developers and serves content, retail, education and training, and advertising sectors. Founded in 2014 and headquartered in Seongnam, South Korea, VisualCamp leverages AI to improve eye-control capabilities and derive user insights, enabling developers, manufacturers and marketers to enhance user experience and interaction across mobile and VR/AR devices.

theBreadBlue

Seed Round in 2019
theBreadBlue is a vegan bakery based in South Korea that makes delicious bread and desserts without using animal-related ingredients - no egg, no milk, no butter.

UrbanPlay

Series A in 2019
UrbanPlay Inc. is a South Korean company, established in 2013 and headquartered in Seoul, that specializes in creating urban culture content. The company focuses on addressing urban issues through accessible technology and innovative solutions. UrbanPlay collects and processes both tangible and intangible content in the region, offering a variety of services that include online platforms, regional projects, multimedia publications, and space utilization. Its community-oriented platform provides real estate content services, local marketing, and merchandise, all designed to foster a sustainable urban cultural ecosystem. Through its initiatives, UrbanPlay enables users to engage with and reflect on urban lifestyles in a meaningful way.

Medipixel

Seed Round in 2018
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.

VisualCamp

Series A in 2018
VisualCamp develops eye-tracking technology for virtual reality head-mounted displays and smartphones. Its solutions cover VR and AR eye tracking, including gaze analysis, look-and-action, foveated rendering, and intention analysis, along with smartphone eye tracking and remote eye-tracking kits. The company provides SDKs for developers and serves content, retail, education and training, and advertising sectors. Founded in 2014 and headquartered in Seongnam, South Korea, VisualCamp leverages AI to improve eye-control capabilities and derive user insights, enabling developers, manufacturers and marketers to enhance user experience and interaction across mobile and VR/AR devices.

Caroom

Pre Seed Round in 2017
Caroom Co., Ltd. is a car dealership based in Jeonju-si, South Korea, founded in 2016. The company specializes in providing car repair and maintenance services, leveraging an online application to streamline these offerings for its customers. By integrating technology into its service model, Caroom aims to enhance the convenience and efficiency of automotive care for vehicle owners.

N.thing

Seed Round in 2015
Founded in Seoul in 2014, N.thing is an innovative Agri-Food tech company specializing in smart indoor farming systems. It develops modular vertical farms ('CUBE'), hydroponic kits ('SQUARE'), and connected gardening tools like 'Planty' and 'Life'. The company uses IoT technology and data to optimize crop growth, enabling real-time monitoring and efficient farming.

HelloWorld

Seed Round in 2013
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.

kozaza.com

Seed Round in 2013
Kozaza Inc. is a home sharing platform based in Seoul, South Korea, specializing in a variety of unique and affordable accommodations, including homestays, apartments, guesthouses, and traditional Korean houses known as Hanoks. The name "Kozaza" reflects its mission to provide a restful experience, translating to "sleep well as baby" in Korean. Since its designation as a sharing company by the Seoul Metropolitan Government in 2013, Kozaza has partnered with local governments to promote a new culture of accommodation for foreign visitors. The platform emphasizes local service and cost-effectiveness, offering lower service fees and special promotions with local hosts. Kozaza aims to enhance the travel experience in Korea by providing diverse lodging options tailored to various preferences.
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