Nurturing the Next Toss... Korea Venture Investment Corp. Selects Six Global Fund Managers

United States, France, Hong Kong, Vietnam, and More
76.8 Billion Won Invested, 721.4 Billion Won Fund to Be Established

Korea Venture Investment Corp. announced on December 9 that it has selected six venture capital firms from four countries, including TEDCO from the United States, AVP from France, and CMBI from Hong Kong, as global fund managers for the second half of 2025.

Korea Venture Investment Corp. explained that the decision was made after a call for applications in August, followed by a document review, on-site due diligence from September to November, and an investment committee meeting in early December. The company stated, "We evaluated the candidates based on the likelihood of fund formation, investment expertise, and their contribution to the domestic venture investment ecosystem, including investment in Korean companies."

This investment initiative will see 76.8 billion won contributed from the Mother Fund, with the aim of establishing a fund totaling approximately 721.4 billion won. It is also expected that more than 89 billion won will be invested in Korean companies. The selected fund managers must establish their funds within six months of the announcement.

The Global Fund is a program in which the Mother Fund invests in funds managed by outstanding overseas venture capital firms, with the requirement that at least the amount invested by the Mother Fund be allocated to Korean companies. Since its launch in 2013, the program has supported 76 funds worldwide, with a total scale of 12.4 trillion won. Through the Global Fund, 661 Korean ventures and startups have received investments totaling 1.3 trillion won, contributing to the emergence of global unicorns such as Toss, Danggeun Market, and Rebellions.

Lee Daehee, CEO of Korea Venture Investment Corp., stated, "The Global Fund has played a significant role in the emergence of domestic unicorns and has served as a key connector between Korean startups and overseas investors." He added, "Korea Venture Investment Corp. will continue to fully support overseas investment attraction and global expansion for our ventures and startups by forming more than 1 trillion won in Global Funds every year going forward."

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