Korea Development Bank
Government fundSeoul · Series A–Series C
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What they invest in
from 40 of 43 portfolio companiesAI & Machine Learning ×25SaaS ×10Consumer ×9Deep Tech ×8Hardware ×5Data & Infrastructure ×4E-commerce ×4Fintech ×4
HQs:South Korea×28United States×4United Kingdom×1
Investments · 43 tracked
founders shown can be your intro pathBy year:2026 · 102025 · 52024 · 52023 · 22022 · 42021 · 22020 · 12019 · 22016 · 132 dated
Ingine develops and commercializes wave power generation technology, building offshore wave energy plants and also entering solar power projects.
CleantechClimate TechEnergy
성용준(대표 (CEO))
Co-investorsThe Ventures Co
Clobot is a Korean robotics service provider that builds software for autonomous and heterogeneous robots, including CHAMELEON for general-purpose autonomous driving robots and CROMS, a cloud-based fleet management and operations system.
Advanced ManufacturingAI & Machine LearningLogistics & Supply ChainRoboticsSaaSSeongnam, KR
Kim Chang-gu(CEO (대표이사))
Co-investorsNaverShinhan Venture InvestmentAtinum Investment Co. Ltd.Groom InvestmentLotte VenturesNaver D2SF+1 more
Global Foodtech Company (GFC) builds digital tools for the restaurant and dining industry across three areas — B2B SaaS, consumer services, and payments — covering reservations, seat and customer management, food ingredient ordering, and restaurant financing.
FintechFoodTechSaaS
Co-investorsGlobal BrainNaver
ICTK develops PUF-based (Physically Unclonable Function) hardware security chips and platforms used for IoT device authentication, digital ID, and communications security.
CybersecurityIoTQuantum ComputingSemiconductorsSeoul, KR
이정원(대표이사 (CEO))김동현(대표 (CEO))
Co-investorsIMM InvestmentIMM Investment Japan
INFLUENTIAL is a Korean knowledge-content company operating three business lines — a lecture/speaker booking business, a book-publishing business, and the Welaaa reading platform offering audiobooks, e-books, and expert lectures by subscription.
AI & Machine LearningConsumerEdTechMedia & Entertainment
Moon Tae-jin(Founder & CEO)
Co-investorsNaverSBI Investment Korea Co. Ltd.
AB180 provides full-stack AI solutions for marketing and advertising technology, including deep linking, attribution, product analytics, customer engagement, and intelligent monetization capabilities.
AdTechAI & Machine LearningMarketing TechSeoul, KR
Roi Nam(Co-Chief Executive Officer (Co-founder))inHunjae Jung(Co-Chief Executive Officer)in
Co-investorsAtinum Investment Co. Ltd.Storm VenturesZ Venture CapitalIndustrial Bank of KoreaKB Investment
Aniai develops an automated grill system designed for commercial kitchens to improve consistency and reduce labor dependency at the busiest station.
FoodTechHardwareRoboticsNew York City, US
minsu ji 님(Founder)in
Co-investorsLotte VenturesIntervest
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-investorsAscendo VenturesKorea Investment PartnersSBI Investment
Featuring offers an AI-based influencer marketing platform that helps marketing teams discover, group, and manage influencers, along with content and schedules, and predict and track campaign performance.
AI & Machine LearningCreator EconomyMarketing TechSaaSSeoul, KR
장지훈(CEO)Jang Ji-hun(CEO (대표))
Co-investorsKiwoom InvestmentLaguna InvestmentHana VenturesMagna InvestmentSTIC Ventures
Seoul-based robotics startup building Floware, an AMR and software system that automates e-commerce warehouse picking.
Co-investorsKakao VenturesBluepoint PartnersBSK InvestmentIndustrial Bank of KoreaNaver D2SF
Flykitt is a jet lag prevention system combining custom supplements, blue-light-blocking glasses, and an AI-driven app that tailors supplement, light, sleep, and meal timing to a traveler's itinerary.
AI & Machine LearningConsumerDigital HealthDirect to ConsumerWellness & Fitness
Andrew Herr(Founder & CEO)inClayton Kim(CTO)in
Co-investorsBluestein VenturesChampion Hill VenturesStreamlined VenturesVery Serious VenturesAmity VenturesElysian Park Ventures+4 more
Fount is a Korean investment advisory company that provides an app-based service for personal asset management and investing.
FintechSaaSSeoul, KR
이종휘(대표 (CEO))
Co-investorsKT investment Inc.KT Strategic Investment Fund 4LB InvestmentShinhan CapitalSmilegate Investment
FuriosaAI designs AI accelerator chips, including the RNGD NPU for large language models and multimodal workloads and a Vision NPU for computer vision, along with related server and PCIe products and a developer platform.
AI & Machine LearningHardwareSemiconductorsSeoul, KR
June Paik(Founder)inJoon Ho Baek(Executive Officer, Director)Alex LiuinHanjoon Kim(Director)Hyungil Koo(Director)Kyungho Lee(Director)
Co-investorsCrit VenturesFuturePlayHan River PartnersIMM Investment JapanMarketX VenturesVision Ventures+2 more
Glorang provides AI-powered education infrastructure that automates administrative and content creation tasks for educational institutions.
AI & Machine LearningEdTech
Hwang Tae-il(CEO)Taeil Hwang(Founder)
Co-investorsDG Daiwa VenturesPKSHA Technology CapitalIndustrial Bank of KoreaKorea Investment PartnersMurex PartnersTBS Innovation Partners
HabitFactory provides tools that support the insurance workflow from consultation to contract completion, and helps users through loan processes by reducing paperwork and interest-rate comparison using AI-based tools and expert consultation.
AI & Machine LearningFintechInsurTech
Co-investorsWe VenturesZ Venture CapitalKB InvestmentKolon Investment, Inc.Shinhan Venture InvestmentSmilegate Investment
LifeX connects users and healthcare institutions across life stages (pregnancy, childbirth, childcare, disease treatment, and daily health management) and builds data-driven intelligence from accumulated life cycle data.
AI & Machine LearningData & InfrastructureDigital HealthFemTech
Co-investorsGeneral CatalystKorea Investment PartnersNaverAI Angel Club
Jobis & Villains operates a service (branded "삼쩜삼" / 3.3) that helps individual customers recover money, time, and rights — primarily focused on tax refunds and related financial services in South Korea.
AI & Machine LearningConsumerFintechSaaS
Co-investorsAtinum Investment Co. Ltd.
Korean proptech operating a digital asset-backed securities platform for fractional commercial real estate investment; now winding down.
Changwhan Yea(Founder)Jaeyong Lee(Founder)Roman Pedan(Founder)
Co-investorsKakao VenturesMohari Ventures Limited (formerly, Ritastar)Allegion VenturesBoxGroupCerity Partners VenturesCiti Ventures+7 more
Latus develops gene therapy research and development capabilities leveraging cell and gene therapy expertise.
AI & Machine LearningBiotechDeep TechHealthtechPhiladelphia, US
Co-investorsHatch BioFund8VCBioAdvanceDCVC (Data Collective)DCVC BioGaingels+1 more
Uisikju Company (Life Goes On) operates Laundrygo, a South Korean laundry service offering door-to-door pickup and delivery, smart unmanned laundromats (Laundry24), and B2B hotel and industrial laundry, all supported by proprietary smart-factory and IT technology.
Circular EconomyConsumerLogistics & Supply Chain
Co-investorsAju IB InvestmentHan River PartnersKT investment Inc.KT Strategic Investment Fund 4Altos VenturesKB Securities+3 more
Letinar develops wearable display technology for augmented reality and mixed reality applications, offering low-power, lightweight optical solutions compatible with various AR form factors including glasses and headsets.
Deep TechHardwareAnyang-si, KR
Jae-hyeok Kim(CEO (Chief Executive Officer))Jeong-hun Ha(CTO (Chief Technology Officer))
Co-investorsAF WPartnersGlobal BrainKakao VenturesKDDI Open Innovation FundLotte VenturesNaver D2SF
LigaChemBio is a biopharmaceutical company focused on developing antibody-drug conjugates (ADCs) and small molecule therapeutics, with proprietary ADC technology and a drug development pipeline.
BiotechHealthtechMedical Devices
Co-investorsAtinum Investment Co. Ltd.
Liner is an AI research agent and search engine that provides source-cited answers, aiming to minimize hallucinations.
AI & Machine LearningEdTechFuture of WorkSaaS
Brian(Chanmin) Woo(Founder)in
Co-investorsAtinum Investment Co. Ltd.Industrial Bank of KoreaIntervestKB InvestmentKB SecuritiesLB Investment+2 more
MakeStar is a platform for K-pop and entertainment fans that sells pre-order album packages and exclusive limited-edition merchandise such as photocards, handling worldwide production and shipping of fan rewards.
ConsumerE-commerceMarketplacesMedia & EntertainmentSeoul, KR
김재면(CEO (대표이사))
Co-investorsHan River PartnersRPS VenturesAltos VenturesCompany K Partners
MORAI builds a digital twin simulation platform for developing, validating, and certifying ADAS and autonomous systems, enabling engineering teams to generate reproducible, regulator-aligned validation evidence.
AI & Machine LearningDeep TechDefense TechMobility & TransportationSeoul, KR
Jiwon Jung(CEO & Co-Founder)inJun Hong(CEO)
Co-investorsAtinum Investment Co. Ltd.Kakao VenturesNaver D2SFKB InvestmentKorea Investment Partners
Korean immuno-oncology biotech developing multi-specific antibody and immune-cytokine fusion therapies for cancer.
Co-investorsAtinum Investment Co. Ltd.Premier PartnersKorea Investment PartnersShinhan CapitalWONIK Investment Partners
Mycel is a blockchain infrastructure for cross-chain asset exchange, using an Ownership Transfer Protocol (OTP) and a CometBFT-based consensus layer (HyphaBFT) to swap native tokens across isolated blockchain ecosystems.
Crypto & Web3Data & InfrastructureDeep Tech
Taro Kimura(Founder)in
Co-investorsCV VCNotch VenturesIndustrial Bank of KoreaStone Bridge VenturesWe Ventures
Nexeon develops and manufactures silicon-based anode materials for lithium-ion batteries, enabling improved energy density and performance for battery applications.
CleantechEnergyNew MaterialsOxfordshire, GB
Co-investorsHonda Innovations Silicon ValleySalica InvestmentsInvesco
HeyDealer is an online used car marketplace where customers can buy pre-screened vehicles with a 1-year warranty and free delivery.
MarketplacesRetail TechSeoul, KR
Co-investorsAtinum Investment Co. Ltd.Groom InvestmentThe Ventures CoIMM InvestmentTheVentures
ProtoPie is a code-free interaction prototyping tool for design teams, offering collaboration features, developer handoff with automated interaction specs, and integrations with hardware, APIs, and multiple devices.
AI & Machine LearningCreator EconomyDeveloper ToolsMobility & TransportationSaaSSeoul, KR
Tony S. Kim(Founder)in
Co-investorsAtinum Investment Co. Ltd.LB InvestmentVela PartnersBSK InvestmentIndustrial Bank of KoreaKorea Investment Partners
RideFlux develops autonomous driving technology aimed at making mobility safer and more accessible.
AI & Machine LearningDeep TechMobility & TransportationRobotics
Junghee Park(CEO)inHawook Jeong(COO)inHo Yoon(CTO)
Co-investorsAtinum Investment Co. Ltd.SBI Investment Korea Co. Ltd.Industrial Bank of KoreaKorea Investment PartnersMurex PartnersYuanta Investment
Seadronix develops AI-powered solutions for maritime navigation, including autonomous navigation systems, navigation assistance, and vessel monitoring for the shipping and logistics industry.
AI & Machine LearningDefense TechHardwareIoTLogistics & Supply Chain
Byeolteo Park(CEO, Ph.D.)inKyongsoo Noh(COO)inDonghoon Kim(CTO, Ph.D.)Hankeun Kim(CTO, Ph.D.)
Co-investorsLB InvestmentKB Investment
SodaGift operates a gifting platform that enables users to send and receive gifts through a network of 150+ retailers.
ConsumerE-commerceMarketplaces
Jake Kim(Founder)in
Co-investorsBig Basin Capital
A marketplace connecting consumers with freelance service professionals for tasks like moving, interior design, repairs, and home maintenance.
ConsumerMarketplacesSeoul, KR
Robin Kim(CEO)inHwan Kim(CTO)Jiho Kang(Founder/Chief of Product)in
BoardSung Hyun Park(Director)
Co-investorsAtinum Investment Co. Ltd.FJ LabsIMM Investment JapanSazzeTaurus VenturesTBT+10 more
Storelink is a Korean e-commerce marketing platform that analyzes large volumes of e-commerce data to help companies build data-driven sales strategies and optimize product listings.
Data & InfrastructureE-commerceMarketing Tech
Co-investorsKT investment Inc.KT Strategic Investment Fund 4Hana VenturesShinhan Venture Investment
Superb AI provides an industrial AI stack for vision and analytics applications across mobility, security, defense, logistics, and manufacturing.
AI & Machine LearningDeep TechDeveloper ToolsEnterprise SoftwareSaaSSan Francisco, US
Hyun Kim(Founder)inMoonsu Cha(ML Engineer)inJonghyuk Lee(Machine Learning Engineer)inJungkwon Lee(Founder)inHyundong Lee(Founder)inHyunsoo Kim(Founder)
Co-investorsAtinum Investment Co. Ltd.Duke Capital PartnersGrant Park VenturesKT investment Inc.KT Strategic Investment Fund 4Point Reyes Management+7 more
Turing AI provides an AI-powered cloud video security platform, offering AI cameras, edge devices, and analytics that integrate with third-party systems such as Axis, Brivo, and Genea.
AI & Machine LearningCloud ComputingCybersecurity
Co-investorsAltaIR CapitalAmino CapitalFoothill VenturesFoundation CapitalCompany K PartnersFortius Ventures+6 more
Upstage builds advanced language models and document processing engines that help organizations improve workflow efficiency and process automation for the future of work.
AI & Machine LearningData & InfrastructureEnterprise SoftwareSaaSSeoul, KR
Sung Kim(Founder)inHwalsuk Lee(Founder)inLucy Park(Founder)inEunjeong Lucy Park(Founder)Hal-Seok Lee(Founder)Kim Seong-hoon(Founder)
Co-investorsCompany K PartnersPrimer Sazze PartnersSK NetworksHigher Life VenturesPremier PartnersSazze+9 more
Wanted operates an AI-based recruitment platform and HR community in South Korea, connecting job seekers with companies and using AI agents to analyze matching and hiring data.
AI & Machine LearningHR TechSaaSSeoul, KR
Co-investorsAtinum Investment Co. Ltd.Spark Labs Korea Accelerator Fund 4Industrial Bank of KoreaKTB NetworkMirae Asset Venture InvestmentVector
Wrtn Technologies (Wrtn) builds consumer and business-facing generative AI products, including Korea's first generative AI copywriting service and AI entertainment apps, and runs enterprise/government AI transformation projects.
AI & Machine LearningConsumerEnterprise Software
Youngjoon Yoo(Founder)inSe-young Lee(Founder)Seyoung Lee(Founder)
Co-investorsAntlerCapstone Partners KoreaKrew Capital VentureZ Venture CapitalBRV Capital ManagementDCM Ventures+2 more
Wrtn is an AI assistant platform offering chat, AI-detection avoidance, YouTube summarization, and real-time recording tools.
AI & Machine LearningConsumer
Jae Sung-won(Founder)Lee Dong-jae(Founder)Lee Se-young(Founder)Seyoung Lee(Founder)Yoo Young-joon(Founder)
Co-investorsAntlerCoreline VenturesGoodwater Capital
XCENA develops computational memory hardware that combines high-capacity pooled DDR5 memory with near-data processing (NDP) cores, built on the open Compute Express Link (CXL) standard to expand memory beyond CPU limits and run computation where data resides.
AI & Machine LearningDeep TechHardwareSemiconductors
Jin Kim(Founder)inDoHun Kim(Founder)Harry Juhyun Kim(Founder)
Co-investorsAtinum Investment Co. Ltd.Kiwoom InvestmentCompany K PartnersDSC InvestmentIMM InvestmentKDB Capital+6 more
Delivus is a technology-focused logistics company that builds systems to deliver packages faster and more accurately.
AI & Machine LearningE-commerceLogistics & Supply Chain
Yongjae Kim(Founder)
Co-investorsHashedLaguna InvestmentHana Ventures
Portfolio news
latest coverage across their companiesNexeon · eu-startups.com · Aug 31, 2026

Liner · thenextweb.com · Aug 25, 2026

Superb AI · prnewswire.com · Jul 14, 2026

AB180 · thesaasnews.com · Jul 6, 2026
Latus · finsmes.com · May 5, 2026
Upstage · thesaasnews.com · Apr 15, 2026
FuriosaAI · finsmes.com · Jul 31, 2025
Frequently asked questions
- How many investments has Korea Development Bank made?
- Korea Development Bank has 43 tracked investments, 3 of which have exited, including 15 dated in the last 24 months.
- What stage does Korea Development Bank invest at?
- Korea Development Bank invests at the Series A, Series B, Series C stages.
- What sectors does Korea Development Bank focus on?
- Korea Development Bank focuses on AI & Machine Learning, Crypto & Web3, SaaS.
- Where is Korea Development Bank located?
- Korea Development Bank is headquartered in Seoul, KR.
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