Smilegate Investment

Smilegate Investment is a venture capital and private equity firm based in Seoul, South Korea, founded in 1999 as MVP Capital. It conducts venture capital and private equity investments across South Korea.

Byung-Hwi Ahn

Senior Vice President

Heung-Sun Chang

Senior Vice President

Inwoo Kang

General Manager, Investments

Kyoung-Hwan Kim

Senior Vice President

Young-Kwon Ku

President

Jong-Ho Lee

Senior Vice President

Kimoon Nam

CEO

Hoon-gon Nam

Senior Vice President

Ki-Mun Nam

CEO

Jung-In Park

Senior Vice President

Seo Kyung-Woo

Senior Vice President

Past deals in Cosmetics

BVMT

Seed Round in 2024
BVMT is a cleansing cosmetic brand.

Velymonkeys

Series B in 2024
Blimonkids has created and run its own retail platform to aid the expansion of Korean cosmetics in India. In particular, it offers a one-stop service for the introduction of Korean beauty products into India, distribution, and sales, as well as marketing and sales, through its own mall, Maccaron.

Lavim

Seed Round in 2023
Lavim aims to be a premium lifestyle platform for sensual women.

Velymonkeys

Series A in 2023
Blimonkids has created and run its own retail platform to aid the expansion of Korean cosmetics in India. In particular, it offers a one-stop service for the introduction of Korean beauty products into India, distribution, and sales, as well as marketing and sales, through its own mall, Maccaron.

Hince

Series A in 2020
Hince is a cosmetics brand that specializes in a diverse range of personal care products, including skin, lip, eye, and face care items. The company focuses on developing mood narrative makeup products, which encompass lipsticks, compacts, eye shadows, and lip glosses. Hince emphasizes the use of natural and vegan ingredients in its offerings, catering to consumers who seek environmentally friendly and ethical options in their beauty routines. By providing a variety of high-quality cosmetics, Hince aims to enhance the beauty experience for its customers while promoting a commitment to sustainability.
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