Smilegate Investment

Smilegate Investment, established in 1999 in Seoul, South Korea, is a venture capital and private equity firm that has actively supported the growth of over 200 companies since its inception. Originally founded as MVP Capital, the firm has organized and managed more than 30 funds, focusing on a diverse range of sectors including B2B, B2C, media, healthcare, energy, information technology, advanced manufacturing, climate technology, digital health, SaaS, artificial intelligence, big data, e-commerce, financial technology, mobile commerce, clean technology, and life sciences. Smilegate Investment aims to identify and nurture promising growth potential within these industries, contributing to the advancement of the South Korean economy.

Byung-Hwi Ahn

Senior Vice President

Heung-Sun Chang

Senior Vice President

Kyoung-Hwan Kim

Senior Vice President

Young-Kwon Ku

President

Jong-Ho Lee

Senior Vice President

Ki-Mun Nam

CEO

Kimoon Nam

CEO

Jung-In Park

Senior Vice President

Past deals in Cosmetics

BVMT

Seed Round in 2024
BVMT is a cleansing cosmetic brand.

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.
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