/Investor DB

Ascendo Ventures

Venture capital

Seoul · Pre-Seed–Growth · 10 people tracked

Not to be confused with Ascendo Ventures (Venture capital · Miami, US)

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Investment thesis

Ascendo Ventures invests in early- to growth-stage technology companies, with a stated current fund focus on climate and environmental sectors while maintaining a broad portfolio across AI, semiconductors, healthcare, batteries, renewable energy, SaaS and consumer/leisure platforms. The firm supports cross-border expansion for its portfolio, particularly helping companies enter Southeast Asian and other Asian markets, and continues to invest through market downturns. It participates in seed through growth rounds, sometimes leading rounds and making follow-on investments, and emphasizes backing founders navigating the challenges of building startups internationally, including foreign entrepreneurs operating in Korea.

Source: firm website, verified Aug 27, 2026.

Stage
Pre-Seed–Growth
HQ
Seoul, KR
Leads rounds
Leads
Instruments
Equity
Founded
2017
Last 12 months
1 investment
Tracked investments
54
Unicorns
1
IPOs
1
Acquisitions
1

Team · 10 people

from the firm's website & curated & public directories

What they invest in

from 36 of 54 portfolio companies

AI & Machine Learning ×12Consumer ×9SaaS ×7Cleantech ×6E-commerce ×6Deep Tech ×5Energy ×5FoodTech ×4

HQs:South Korea×20United States×2Australia×1Malaysia×1

Who they back

founder profiles across 8 portfolio companies
50%
solo founders
4 of 8 mapped founding teams

Founding team size:solo founder×42 founders×4

Investments · 54 tracked

founders shown can be your intro path

By year:2025 · 12022 · 12021 · 12019 · 12015 · 15 dated

Adropadrop.ioin

Adrop (에이드랍) offers Ad Control, an all-in-one ad monetization platform that lets app publishers run direct-sold and network ads, using first-party data targeting, contextual targeting, native/video ad formats, and backfill from global ad networks (Google AdMob, AdSense, Meta, TikTok Pangle, InMobi).

AdTechMarketing TechSaaS

Agencoreagencore.netin

Agencore works on tritium solutions and related technologies spanning tritium, GTLS, and nuclear fusion.

Deep TechEnergy

Aiskoreaaiskorea.co.kr

Korean agritech company AIS operates 'Jalkium', an open-field smart farm service giving crop-stage-based farm work prescriptions.

Aldaveraldaver.co.kr

Korean startup making biopolymer-based artificial organs for medical device testing and surgical training simulators.

Steve Park(Founder)in

Co-investorsDAYLI PartnersKB InvestmentKorea Investment Partners

Alloallo.ioin𝕏Seed · Dec 2019 · $1M

ALLO is a visual project collaboration tool that combines a canvas for briefs, files, drafts, and feedback with project management views (List, Kanban, Calendar, Timeline, Dashboard), letting teams review versions, comment on work, and record decisions in one place.

AI & Machine LearningFuture of WorkSaaS

Co-investorsAtinum Investment Co. Ltd.Inventum Ventures

Alsemy Incalsemy.comin

Alsemy builds AI-driven platforms that generate neural network-based device compact models and optimize semiconductor design and manufacturing through process modeling, simulation, and DTCO.

AI & Machine LearningDeep TechSemiconductors

Co-investorsLaguna InvestmentLG Technology Ventures

Aptiapti.co.kr

Korean operator of the 아파트아이 (Apartment i) mobile app for apartment maintenance-fee payment, community and resident services.

Awexomerayawexomeray.com

South Korean developer of carbon nanotube-based materials, components and equipment for X-ray, semiconductor and air purification uses.

Co-investorsKakao Ventures

Bluewhalebluewhale.bioinOct 2025

BlueWhale Bio develops manufacturing technologies for cell-based therapies, focusing on cell activation and expansion in early-stage processing to improve efficiency and reduce costs.

BiotechDeep TechMedical DevicesPhiladelphia, US

Peter Keller(Executive Officer, Director)in

BoardPaul Meister(Director)Elaine Heron(Director)Paula Cannon(Director)Beate Mueller-Tiemann(Director)

Co-investorsNovalis LifeSciencesBaselayer CapitalCardanoGhaf Capital Partnersgumi IncPRIMAL CAPITAL+2 more

Bountifarmbountifarm.comin

A chat-based platform where agricultural buyers and sellers connect with an AI broker to transact in commodities trade.

AgTechAI & Machine LearningB2B MarketplacesSt Leonards, AU

Co-investorsTechstars

Caringcaring.co.kr

Caring provides elderly care services in South Korea, offering guidance and free expert consultations on long-term care grades, day care centers, family caregiving, and home visit care.

Digital HealthHealthtechWellness & FitnessSeoul, KR

Co-investorsAju IB InvestmentLB Investment

Clicknclickn.co.kr

Clickn (클릭엔) is a no-code website builder that lets users create and manage websites by selecting design skins and blocks without technical skills.

E-commerceMarketing TechSaaS

Co-investorsKiwoom Investment

DalcomSoftdalcomsoft.com𝕏

Dalcomsoft is a company whose site promotes a mobile service inviting users to "meet your star on mobile," indicating a mobile entertainment or fan-engagement application.

ConsumerMedia & Entertainment

Co-investorsDunamu & PartnersSM Culture Partners

Eatigoeatigo.comacquired by FunNow

Eatigo is an online restaurant reservation platform offering time-based discounts of up to 50% at participating restaurants, helping venues fill empty seats during off-peak hours.

ConsumerFoodTechMarketplacesBangkok, MY

Enerzaienerzai.comin

EnerzAI is an AI company, founded in 2019, that provides technology to improve AI model performance across accuracy, speed, cost efficiency, and sustainability.

AI & Machine LearningDeep TechIoT

Daniel Hanhim Chang(Founder)inHanhim Chang(Founder)

Co-investorsKorea Development BankKorea Investment PartnersSBI Investment

Ersteqersteq.com

Korean AI drug discovery company using target-centric structural AI to design molecular glue degraders for undruggable targets.

Fitpetfitpet.co.kr

Fitpet is a South Korean company focused on pet health and care.

ConsumerDigital HealthE-commerceHealthtechSeoul, KR

Ko Jung-wook(CEO (대표))

Co-investorsLB InvestmentPremier Partners

FunNowmyfunnow.comSeries B · Nov 2021 · $15M

FunNow operates a mobile app for instant booking of local lifestyle and leisure services, including restaurants, hotel stays, spa and massage, salon and nail services, KTV, and activities.

ConsumerMarketplacesTravel & Hospitality

Co-investorsAscendo VenturesCDIB CapitalDarwin CapitalDarwin Venture ManagementNEC Capital SolutionsVenture Labo Investment

Gentle Energygentle-energy.framer.aiinSeries A · Aug 2022 · $2M

Gentle Energy Corporation provides knowledge and automated tools to optimize and reduce energy consumption, aiming to make energy use more efficient and environmentally friendly.

AI & Machine LearningCleantechClimate TechEnergy

Charles Kiseok Song(CEO)in

Global Networks Venture Capitalmeatbox.co.kr

Meatbox is an online marketplace for meat and seafood products, offering Korean beef, imported pork, poultry, and other meat categories for retail customers.

B2B MarketplacesE-commerceFoodTech

Co-investorsIMM Investment JapanKT Strategic Investment Fund 4

Grinergygrinergy.tech

Grinergy develops lithium battery technology and energy storage products aimed at supporting environmentally focused, green energy applications.

CleantechEnergyHardware

Co-investorsAscendo Ventures

Grinergygrinergy.co.kr

Grinergy develops battery and energy technology aimed at supporting green and sustainable energy solutions.

CleantechClimate TechEnergy

Co-investorsAscendo Ventures

H-Energyhenergy.xyz

Operates the MoHaet solar energy investment platform and solar power plant SaaS services.

Havehadhavehad.kr

Havehad is a Korean apparel brand selling menswear and womenswear, including set-ups, outerwear, tops, bottoms, dresses, and caps, with online shopping and global shipping.

ConsumerDirect to ConsumerE-commerce

Icloudhospitalicloudhospital.com

Seoul-based health-tech company operating a B2C medical marketplace and a B2B SaaS platform for hospitals and clinics.

Co-investorsHi Investment Partners

Innohasinnohas.com

Innohas offers a collection of hundreds of recipes designed to be prepared simply using a microwave, along with recommended recipes and member events.

Consumer

Co-investorsAscendo VenturesIndustrial Bank of KoreaShinhan Venture InvestmentVinaCapital Ventures

Jienemjienem.com

JIENEM provides managed operations and remodeling/development solutions for accommodation businesses such as hotels and wellness stays, including a contactless operating system (FRONT-X) and startup education courses.

PropTechSaaSTravel & Hospitality

Co-investorsAI Angel ClubSM Culture Partners

Kencoaaerokencoaaero.com

Kencoa Aerospace is a total solution provider spanning aviation raw material supply, parts manufacturing, structural assembly, military aircraft depot maintenance, and drone R&D.

Advanced ManufacturingDefense TechHardwareSpace Tech

Kenny Minkyu Lee, MBA(Founder)inKenneth Minkyu Lee(CEO)

Latticelattice.imin

Lattice is a B2B-focused operating holding company startup that uses M&A and new business ventures to build a portfolio and address corporate challenges, with a focus on the Korean market.

AI & Machine LearningEnterprise SoftwareSaaS

Jack Altman(Co-founder)in

Co-investorsFounders FundFuel CapitalKhosla VenturesShasta VenturesThrive CapitalTiger Global Management

LIVSMEDlivsmed.com

Korean medical device maker of ArtiSential articulating laparoscopic instruments and the STARK surgical robot.

Co-investorsLB Investment

Medipixelmedipixel.ioin

Medipixel develops AI-based clinical solutions in the medical technology field, working with hospitals and healthcare partners.

AI & Machine LearningDigital HealthMedical Devices

Co-investorsAscendo VenturesCompany K PartnersMirae Asset Venture InvestmentPremier PartnersAI Angel ClubDAYLI Partners

Musicspraymusicspray.net

MusicSpray is an online platform for global music distribution that connects musicians with the music market and supports artists' creative work.

AI & Machine LearningConsumerCreator EconomyMedia & EntertainmentAnyang, KR

Newrizonnewrizon.kr

South Korean maker of HVAC, ventilation and HEPA air filters and water purifiers supplying public agencies, hospitals and industry.

Co-investorsLightspeed Venture PartnersLuminous VenturesNIO Capital

Onedodailyonedodaily.kr

원두데일리 is a B2B office coffee brand that provides subscription access to beans from well-known Korean roasteries and cafés along with matched coffee machines for offices, studies, hospitals, hotels, restaurants, and cafés.

Enterprise SoftwareFoodTech

Onnuristoreonnuristore.co.kr

Onnuri Store is a South Korean online retailer that sells health functional foods and medical devices as a registered e-commerce and mail-order business.

E-commerceRetail TechWellness & FitnessSeoul, KR

Hyosoo ParkinPark Hyo-su(CEO)

Penseespensees.co.krin

Pensees develops cultivated meat produced by growing animal cells, using its patented 3D bioprinting technology.

BiotechFoodTechHardware

Co-investorsLotte VenturesIDG Capital

Qbinvestmentsqbinvestments.com

Quarterback Asset Management (쿼터백자산운용) is a South Korean asset management firm that runs data- and algorithm-based investment strategies for retirement pensions (IRP, DC), pension savings, ISA, and stock accounts.

AI & Machine LearningFintechSaaS

조홍래(대표이사 (CEO))

Remannremann.co.kr

Remann is a social enterprise that refurbishes and recycles discarded digital devices, including PCs and laptops, for reuse and donation to underserved communities.

Circular EconomyCleantechClimate TechImpact & Social GoodRetail TechPocheon, KR

구자덕(CEO / 대표이사)Koo Ja-deok

Resetsnowresetsnow.com

Reset provides environmental consulting services, including research, analysis, diagnosis, and information provision on environmental regulations covering waste, chemical substances, water quality, and environmental management.

Circular EconomyCleantechEnergy

ROKIT Healthcarerokithealthcare.comin

Healthcare company that recently went public.

Co-investorsAF WPartnersDAYLI PartnersNH Investment & SecuritiesOasisPAG Japan

Simplelabssimplelabs.kr

Simple Labs is a jewelry production service that manufactures jewelry for retailers and businesses, using experienced craftsmen to handle production processes on behalf of clients.

Advanced ManufacturingSaaS

Co-investorsAju IB Investment

Sojunghangeulsojunghangeul.com

H2K (에이치투케이) is a social venture that develops an AI-based Korean-language (Hangeul) learning app for children, including slow learners, using big data and artificial intelligence.

AI & Machine LearningConsumerEdTechImpact & Social Good

홍창기(Co-founder)김우현(Co-founder)

Sugeosugeo.onl𝕏

Sugeo (오늘수거) operates a Korean on-demand waste collection app that picks up household waste—leftover delivery food, old clothes, broken small appliances, used cosmetics—from customers' doorsteps for a per-weight fee.

Circular EconomyCleantechConsumer

Ten1010ten1010.ioin𝕏

TEN builds AIPub, an enterprise AI infrastructure platform that uses spatial GPU partitioning and dynamic resource allocation to raise GPU utilization, plus RA:X workload benchmarking consulting, managed AI cloud, and modular AI data centers.

AI & Machine LearningCloud ComputingData & InfrastructureSeoul, KR

Co-investorsShinhan Capital

Thetrivethetrive.com

The Trive operates an online marketplace for buying and selling used luxury and premium vehicles such as Porsche, Bentley, Mercedes-Benz, BMW, and Land Rover.

E-commerceMarketplacesMobility & TransportationSeoul, KR

Lee Hyun-bok(Representative (대표자))

Co-investorsAI Angel ClubHashed

Withrobotwithrobot.com

Withrobot designs and sells imaging and sensing hardware, including USB 3.0 cameras (color, mono, stereo, global/rolling shutter), attitude/heading reference and orientation sensor modules, and embedded boards.

Advanced ManufacturingAI & Machine LearningDeep TechHardwareIoTRoboticsSeoul, KR

Kim Do-yun(CEO (대표이사))Jung In-su(CAO/CFO)Lee Jong-hun(Head of Business Division (사업본부장))Hong Yoon-sik(Head of Research Institute (연구소장))

Ztibioztibio.com

Zti Biosciences is a Daejeon, South Korea-based company founded in 2020, operating at the Gwahak-ro research campus.

아도바adoba.net

Platform for multi-channel content management, distribution, and monetization for creators expanding into China.

Co-investorsLaguna InvestmentWe Ventures

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

Allo (BeeCanvas)MoHaetPrizmSimple LabsTENTne4Global

Exits · 2

1 IPOs · 1 acquisitions · showing 1

Eatigoacq. by FunNow

Frequently asked questions

How many investments has Ascendo Ventures made?
Ascendo Ventures has 54 tracked investments, 2 of which have exited, including 1 dated in the last 24 months.
What stage does Ascendo Ventures invest at?
Ascendo Ventures invests at the Pre-Seed, Seed, Series A, Series B, Growth stages.
What sectors does Ascendo Ventures focus on?
Ascendo Ventures focuses on AgTech, AI & Machine Learning, Cleantech, Climate Tech, Consumer, Creator Economy, Data & Infrastructure, Energy, FoodTech, Healthtech, Media & Entertainment, SaaS, Semiconductors.
Where is Ascendo Ventures located?
Ascendo Ventures is headquartered in Seoul, KR.
Does Ascendo Ventures lead rounds?
Yes, Ascendo Ventures leads investment rounds.
Who does Ascendo Ventures co-invest with?
Ascendo Ventures most often shares deals with AI Angel Club, DAYLI Partners, LB Investment, among 21 tracked co-investors.

Images

Ascendo Ventures photo

Co-investors · 1

Alchemist Accelerator

Alchemist Accelerator is a startup accelerator that supports early-stage B2B, enterprise, AI and deep tech companies through mentorship, investor access, and an industry network.

$30K

Firms observed investing alongside Ascendo Ventures, from public investor directories. Shared companies are the overlap with Ascendo Ventures's recorded portfolio.

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