‘Korea VC Awards 2022’ Best Management Company Stonebridge Ventures

Korea Venture Investment Awards in 5 Categories Including Best Fund Manager and Best Investment Officer

[Asia Economy Reporter Kwangho Lee] Korea Venture Investment held the ‘Korea VC Awards 2022’ on the 13th to share the performance of sub-fund operations with the Korea Fund of Funds and to honor outstanding venture capitalists and others who contributed to the development of the innovative venture ecosystem.

Since its inception in 2010, the ‘Korea VC Awards 2022’ marked its 13th edition this year and was held as an in-person event overcoming COVID-19. The event selected outstanding contributors to the development of the venture industry and provided a platform for networking between LPs and VCs.

At the awards ceremony, commendations were presented in five categories: ▲Best Fund Manager ▲Best Investment Officer ▲Best Fund ▲Best Management Personnel ▲Company of the Year. Awards included the Minister of SMEs and Startups Commendation, Minister of Culture, Sports and Tourism Commendation, Commissioner of the Korean Intellectual Property Office Commendation, and Korea Venture Investment CEO Commendation.

Stonebridge Ventures was selected as the Best Fund Manager for contributing to the activation of investment in small and venture businesses. Stonebridge Ventures invested in companies such as ‘Zigbang’, ‘Zigzag’, and ‘Woowa Brothers’, with a cumulative total of 192 invested companies.

The Best Investment Officer award, recognizing excellent investment performance, was divided into three categories: the Minister of SMEs and Startups Award, the Minister of Culture, Sports and Tourism Award, and the Commissioner of the Korean Intellectual Property Office Award.

Park Sun-bae, Executive Director of Daol Investment, was selected for the Minister of SMEs and Startups Award. Daol Investment recorded 380 investments and a total investment amount of 974.9 billion KRW this year.

The Minister of Culture, Sports and Tourism Award went to Choi Ji-hyun, Executive Director of Ilsin Startup Investment, who actively invested in the film, drama, and performance industries struggling due to COVID-19. The Commissioner of the Korean Intellectual Property Office Award was given to Shin Ga-hyung, Head of ID Ventures, who contributed to the development of the patent industry by conducting new share investments in companies commercializing patented technologies.

The Best Fund award is given to a liquidated fund among Korea Fund of Funds-backed venture investment associations that achieved policy objectives while recording high returns. The award went to Stonebridge Ventures’ Mirae Creation Naver Stonebridge Early-Stage Investment Association (Lead Fund Manager Kim Il-hwan).

The Best Management Personnel award, given to a risk manager demonstrating outstanding crisis management skills, was awarded to Oh Kyung-sun, Senior Manager at Stick Ventures.

The Company of the Year award, given to a company that created quality jobs and generated returns for the Korea Fund of Funds, was awarded to Maxst Co., Ltd., a company creating a metaverse platform connecting realistic virtual spaces and augmented reality.

Woo-ung Hwan, CEO of Korea Venture Investment, said, “Thanks to venture capitalists (VCs) and related organizations, we have greatly contributed to the development of the venture industry. Going forward, the Korea Fund of Funds will do its best to lead a venture ecosystem where venture companies solving social problems can continuously grow.”

This content was produced with the assistance of AI translation services.