Mashup Angels Forms Early-Stage Startup Investment Fund Worth 27.5 Billion KRW
Participation of Mashup Angels Alumni Founders and Numerous Senior Entrepreneurs
Early-stage startup-focused investment firm Mashup Angels (Managing Partner Lee Taek-kyung) announced on the 7th that it has established a new fund called the 'Mashup Angels Value Growth Venture Investment Fund' worth 27.5 billion KRW. This fund is purely private capital and was created with the purpose of investing in and supporting early-stage startups in the ICT sector.
The Mashup Angels Value Growth Venture Investment Fund includes contributions from many senior entrepreneurs, including Jang Byung-gyu, Chairman of Krafton, Kim Sung-hoon, CEO of Upstage, and Kim Hyun-joon, former CEO of Vuno. Alumni founders from Mashup Angels such as Today’s House, Cashwalk, Finda, StyleShare, MyRealTrip, and Shiftee also participated, symbolizing the creation of a virtuous cycle within the ecosystem.
Lee Taek-kyung, Managing Partner of Mashup Angels, stated, "Based on our know-how of discovering and supporting leading companies in the mobile market at an early stage, we will actively invest in early AI companies."
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