Krit Ventures Launches 37.5 Billion Won Global Content Fund

Industrial Bank of Korea and Square Enix Join as Investors

Krit Ventures announced on October 23 that it has established the “IBK-Krit Global Content Investment Partnership,” a cultural content fund worth 37.5 billion won.

In April, Krit Ventures was selected as a general partner (GP) in the export sector for the first round of the 2025 Fund of Funds regular investment program, organized by Korea Venture Investment Corp. (KVIC). The fund targets promising small and venture companies and projects in the cultural industry with global capabilities, such as generating overseas sales or establishing local subsidiaries.

Krit Ventures CI.

Based on this, the IBK-Krit Global Content Investment Partnership was formed to invest in the fields of gaming, K-Pop, and media/IP. Investors (LPs) include Industrial Bank of Korea, Kolmar Holdings, A-LUX, as well as global gaming company Square Enix from Japan.

Notably, this marks the first time Square Enix has participated in a domestic venture capital fund. Going forward, Square Enix plans to continuously collaborate with various content companies, including domestic game developers invested in by Krit Ventures. Previously, Krit Ventures has also attracted investments from leading global gaming companies such as Supercell, Ubisoft, NetEase, and Garena, in addition to Square Enix.

With the establishment of this fund, Krit Ventures now manages a total of eight funds, including the Krit Global Scaling Up Investment Partnership, KNET-Krit Content Investment Partnership, and KIP-Krit Interactive Content Fund. Its assets under management (AUM) have surpassed 300 billion won.

Krit Ventures’ notable investments in the cultural content sector include game company Averton, K-Pop distribution company Kaimedia, music data SaaS provider Chartmetric, AI entertainment tech firm Galaxy Corporation, and overseas film production company Runup Company.

Lee Jonghyuk, Director of Krit Ventures and lead fund manager of the IBK-Krit Global Content Investment Partnership, stated, “We will spare no effort in investing in and supporting companies with potential so they can grow into global top-tier enterprises.”

This year, Krit Ventures is focusing its investments on global and content sectors, including companies such as Klink, Regym International, and OneSelfWorld.

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