Korea Venture Investment Corp|Corporate Culture

Business Overview

It was established to support entry of Korean startups and SMEs into the overseas market, and to promote the advancement of the venture capital ecosystem in accordance with “Ways to Promote the Virtuous Cycle of the Venture Foundation Fund Ecosystem” (announced in May 2013)
Top-tier investment firms or Korean venture capitalists in the United States, etc., can get invested from the Korea Fund of Funds under the same conditions as that of domestic VCs.
- Creating fund investing in domestic startups and subsequently supporting the overseas entry of domestic SMEs and local foundation in a foreign country

"Ways to Promote the Advancement of the Venture Foundation Fund Ecosystem"

(as of the end of December 2018)

	Foreign VC Investment Fund	Foreign VC Investment Fund II
Formed in	October 4th, 2013	July 15th, 2016
Fund Size	KRW135.4 billion	KRW170.7 billion
No. of Partnership Funds	11	9
Size of Partnership Funds	KRW 857.0 billion	KRW 998.3 billion
Fund Duration	10 years(2013.10~2023.10)	19 years(2016.7~2035.7)

Offshore funds managed by overseas VCs meeting the following basic requirements :

1
Fund should invest in Korean startups and
SMEs to a certain degree
2
Overseas investors should participate
in the fund as LPs
3
Retaining core personnel who are deemed
capable of efficiently supporting domestic startups and SMEs

Fund of Funds