Many team members at Unicorn Nest are Ukrainians affected by Russian aggression. We do our best to solve any issues and answer your questions in the shortest possible time frames but some delays are possible.

Kakao Ventures

Founders Jihoon Rim

Overview

Investments

Unlock datapoints

Portfolio analytics

Team

News & Media

Add fund to favorites
info
Save this fund for later to form your own custom list of funds
This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

Need help with fundraising?

We offer an assisted fundraising option for startups

Learn more
Total investments 362
Average round size
info
The average size of a deal this fund participated in
$23M
Portfolio companies 239
Rounds per year 30.17
Lead investments 39
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.34
Exits 8
Key employees 3
Stages of investment
Early Stage Venture
Seed

Areas of investment

  • Software
  • Artificial Intelligence
  • Information Technology
  • Machine Learning
  • Health Care
Summary

In 2012 was created Kakao Ventures, which is appeared as VC. The leading representative office of defined VC is situated in the Seongnam. The fund was located in Asia if to be more exact in South Korea.

The standard case for the fund is to invest in rounds with 2-3 partakers. Despite the Kakao Ventures, startups are often financed by SparkLabs Accelerator, LB Investment, Altos Ventures. The meaningful sponsors for the fund in investment in the same round are LB Investment, Strong Ventures, Softbank Ventures Asia. In the next rounds fund is usually obtained by Softbank Ventures Asia, Mirae Asset Venture Investment, LB Investment.

Among the most successful fund investment fields, there are Software, Internet. The fund has no exact preference in some founders of portfolio startups. When startup sums 5+ of the founder, the probability for it to get the investment is little. For fund there is a match between the location of its establishment and the land of its numerous investments - South Korea. Besides, a startup requires to be at the age of 2-3 years to receive the investment from the fund. Among the most popular portfolio startups of the fund, we may highlight Mojo Vision, The Minerva Project, WhaTap Labs.

This organization was formed by Jimmy Rim. We also calculated 3 valuable employees in our database.

Opposing the other organizations, this Kakao Ventures works on 27 percentage points less the average amount of lead investments. Speaking about the real fund results, this VC is 9 percentage points more often commits exit comparing to other organizations. The fund is generally included in 13-24 deals every year. The high activity for fund was in 2018. Deals in the range of 1 - 5 millions dollars are the general things for fund.

Read more

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Bungee

Consulting
Marketing
Recruiting
SEO
$1M26 Mar 2024 Seoul, Seoul-t'ukpyolsi, South Korea

Vivid Health

06 Mar 2024 Seoul, Seoul-t'ukpyolsi, South Korea

Omelet

28 Feb 2024 Daejeon, Taejon-jikhalsi, South Korea

SqueezeBits

Artificial Intelligence
GPU
Information Technology
$2M23 Jan 2024 Seoul, Seoul-t'ukpyolsi, South Korea

Four Pillars

Blockchain
Cryptocurrency
Ethereum
$609K16 Jan 2024 Seoul, Seoul-t'ukpyolsi, South Korea

Polestar Games

Gaming
PC Games
$2M20 Sep 2023 -

Runbear

Artificial Intelligence
B2B
Information Technology
SaaS
08 Aug 2023 Seoul, Seoul-t'ukpyolsi, South Korea

Rapport Labs

E-Commerce
Mobile
Telecommunications
$29M31 Jul 2023 Seoul, Seoul-t'ukpyolsi, South Korea

Contoro Robotics

Artificial Intelligence
Information Technology
Machinery Manufacturing
Robotics
$7M26 May 2023 Austin, Texas, United States
News
Business Canvas, a Korea-based document management SaaS company, closes $2.5M seed round

– Business Canvas, a South Korean document management SaaS company, raised $2.5m seed round.
– The round was led by Mirae Asset Venture Investment and joined by Kakao Ventures and Nextrans Inc.
– The company plans to use the funding for accelerating product development and the global launch of an open beta for its AI-powered document management platform.

South Korean online secondhand marketplace Danggeun Market raises $162M at a $2.7B valuation

– Danggeun Market, the publisher of South Korea’s hyperlocal community app Karrot, announced it has raised $162m in a Series D round of funding with a valuation of $2.7bn.
– This round of funding was led by DST Global, with additional participation from Aspex Management, Reverent Partners and existing investors such as Goodwater Capital, Altos Ventures, SoftBank Ventures Asia, Kakao Ventures, Strong Ventures and Capstone Partners.
– The company plan to strengthen its capabilities in local commerce with Danggeun Pay, or Karrot Pay, which is set to launch this year.

Review

  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Coinvestors
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent Kakao Ventures?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!
Total investments 362
Average round size 23M
Rounds per year 30.17
Peak activity year 2018
Lead investments 39
Follow on index 0.34
Exits 8
Group Appearance index 0.64

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Bungee

Consulting
Marketing
Recruiting
SEO
$1M26 Mar 2024 Seoul, Seoul-t'ukpyolsi, South Korea

Vivid Health

06 Mar 2024 Seoul, Seoul-t'ukpyolsi, South Korea

Omelet

28 Feb 2024 Daejeon, Taejon-jikhalsi, South Korea

SqueezeBits

Artificial Intelligence
GPU
Information Technology
$2M23 Jan 2024 Seoul, Seoul-t'ukpyolsi, South Korea

Four Pillars

Blockchain
Cryptocurrency
Ethereum
$609K16 Jan 2024 Seoul, Seoul-t'ukpyolsi, South Korea

Polestar Games

Gaming
PC Games
$2M20 Sep 2023 -

Runbear

Artificial Intelligence
B2B
Information Technology
SaaS
08 Aug 2023 Seoul, Seoul-t'ukpyolsi, South Korea

Rapport Labs

E-Commerce
Mobile
Telecommunications
$29M31 Jul 2023 Seoul, Seoul-t'ukpyolsi, South Korea

Contoro Robotics

Artificial Intelligence
Information Technology
Machinery Manufacturing
Robotics
$7M26 May 2023 Austin, Texas, United States
Crunchbase icon

Content report

The following text will be sent to our editors: