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.

Korea Development Bank

Founders Dong-gull Lee

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 160
Average round size
info
The average size of a deal this fund participated in
$37M
Portfolio companies 141
Rounds per year 2.29
Lead investments 18
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.12
Exits 4
Key employees Soon

Areas of investment

  • Information Technology
  • Software
  • Artificial Intelligence
  • E-Commerce
  • Machine Learning
Summary

In 1954 was created Korea Development Bank, which is appeared as Corporate Investor. The main department of described Corporate Investor is located in the Seoul. The venture was found in Asia in South Korea.

Besides, a startup requires to be at the age of 11-15 years to receive the investment from the fund. The fund has no exact preference in a number of founders of portfolio startups. In case when startup counts 4 of the founder, the chance for it to get the investment is meager. We can highlight the next thriving fund investment areas, such as Communications Infrastructure, E-Commerce. For fund there is a match between the country of its foundation and the country of its the most frequent investments - South Korea. Among the most popular portfolio startups of the fund, we may highlight China Bank, True Balance, East Interactive.

Considering the real fund results, this Corporate Investor is 13 percentage points more often commits exit comparing to other organizations. The fund is constantly included in less than 2 deals per year. When the investment is from Korea Development Bank the average startup value is 10-50 millions dollars. The top activity for fund was in 2019. The usual things for fund are deals in the range of 10 - 50 millions dollars.

The standard case for the fund is to invest in rounds with 4-5 partakers. Despite the Korea Development Bank, startups are often financed by SparkLabs Accelerator, SK Securities, Mirae Asset Venture Investment. The meaningful sponsors for the fund in investment in the same round are POSCO Venture Capital, Premier Partners, Korea Kolmar Co.. In the next rounds fund is usually obtained by TS Investment, Shinhan Capital, Shinhan Bank.

Read more

Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Korea Development Bank:
Typical Co-investors
Korea Development Bank is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Korea Development Bank:
There are no funds here. If we find new data, we will add it here.

Look at other 50 related and similar funds Collapse list
Fund NameLocation
Arkeon Gestion France, Ile-de-France, Paris
Beacon Capital England, London, United Kingdom
Beijing Holch Capital Beijing, Beijing, China
Cambridge Companies Las Vegas, Nevada, United States
CAPNOVA Aarhus, Denmark, Midtjylland
Dutchess Opportunity Fund Boston, Massachusetts, United States
Glocalink Singapore Central, Central Region, Singapore
Goodfellows -
Hornbill Capital Advisers India, Maharashtra, Mumbai
Hound Partners New York, New York, United States
Huahang Investment China, Japan, Kagoshima Prefecture
KKCG Lucerne, Luzern, Switzerland
KKR & Co. New York, New York, United States
NextCard California, San Francisco, United States
Phoenix Technologies California, Milpitas, United States
PlanGrid California, San Francisco, United States
Siebel Systems California, Redwood Shores, United States
Tom Brown Inc Alberta, Calgary, Canada
Winnovation California, San Jose, United States

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Torder

Electronics
Information Technology
Mobile Devices
$11M28 Mar 2024 Seoul, Seoul-t'ukpyolsi, South Korea

Caring

Health Care
Hospital
Medical
$34M26 Feb 2024 Kangwon-do, Gangwon-do, South Korea

BrownBag Coffee

Coffee
E-Commerce
$6M19 Feb 2024 Seocho, Seoul-t'ukpyolsi, South Korea

GenEdit

Biotechnology
Delivery Service
Genetics
Therapeutics
$24M23 Jan 2024 Berkeley, California, United States

bHaptics

Augmented Reality
Consumer Electronics
Gaming
Information Technology
Software
Virtual Reality
$8M22 Jan 2024 Daejeon, Taejon-jikhalsi, South Korea

Pion Electric

$10M18 Jan 2024 Seoul, Seoul-t'ukpyolsi, South Korea

GenGenAI

Artificial Intelligence
Information Technology
$3M21 Dec 2023 South Korea, Gangwon-do, South Korea

OKESTRO

$113M04 Dec 2023 Seoul, Seoul-t'ukpyolsi, South Korea

Lucentblock

Financial Services
FinTech
Real Estate
Small and Medium Businesses
$13M23 Nov 2023 South Korea, Gangwon-do, South Korea
News
H2O Hospitality secures $30M Series C to expedite hotel digital transformation

– H2O Hospitality, a South Korea and Japan-based unmanned hotel management company, raised $30m funding.
– The round was led by Kakao Investment and Korea Development Bank, Gorilla Private Equity, Intervest and NICE Investment also participated.
– H2O Hospitality will expand its business further by adding various types of accommodations in South Korea and Japan in 2021 and 2022 and plans to enter Singapore and Indonesia in 4Q in 2022 in line with its Southeast Asia penetration strategy.

Deepbrain boosts AI-powered virtual avatars with $44M raise

– Deepbrain AI (formerly Moneybrain), a conversational AI startup based in Seoul, South Korea, has raised $44m in a series B round led by Korea Development Bank at a post-money valuation of $180m.
– The capital will be used to expand the company’s customer base and operations globally, CEO Eric Jang said in a statement, with a particular emphasis on the U.S.
– Deepbrain provides a range of AI-powered customer service products, but its focus is on “synthetic humans,” or human-like avatars that respond to natural language questions.

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 Korea Development Bank?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!
Total investments 160
Average round size 37M
Rounds per year 2.29
Peak activity year 2022
Lead investments 18
Follow on index 0.12
Exits 4
Group Appearance index 0.91

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Torder

Electronics
Information Technology
Mobile Devices
$11M28 Mar 2024 Seoul, Seoul-t'ukpyolsi, South Korea

Caring

Health Care
Hospital
Medical
$34M26 Feb 2024 Kangwon-do, Gangwon-do, South Korea

BrownBag Coffee

Coffee
E-Commerce
$6M19 Feb 2024 Seocho, Seoul-t'ukpyolsi, South Korea

GenEdit

Biotechnology
Delivery Service
Genetics
Therapeutics
$24M23 Jan 2024 Berkeley, California, United States

bHaptics

Augmented Reality
Consumer Electronics
Gaming
Information Technology
Software
Virtual Reality
$8M22 Jan 2024 Daejeon, Taejon-jikhalsi, South Korea

Pion Electric

$10M18 Jan 2024 Seoul, Seoul-t'ukpyolsi, South Korea

GenGenAI

Artificial Intelligence
Information Technology
$3M21 Dec 2023 South Korea, Gangwon-do, South Korea

OKESTRO

$113M04 Dec 2023 Seoul, Seoul-t'ukpyolsi, South Korea

Lucentblock

Financial Services
FinTech
Real Estate
Small and Medium Businesses
$13M23 Nov 2023 South Korea, Gangwon-do, South Korea
Crunchbase icon

Content report

The following text will be sent to our editors: