VC Association: Venture Capital System Establishes Itself as Korea's Only Venture Investment Platform
The Korea Venture Capital Association (VC Association) announced on the 12th that it has significantly enhanced transparency in investment information and greatly improved the management system for investment funds through the operation of the “Venture Capital System (VCS),” a comprehensive venture investment portal built to support disclosures by venture investors and matching between investors and companies.
The Venture Capital System is the only venture investment platform in Korea that integrates the venture investment systems of multiple institutions so that the public, investors, and founders can obtain all necessary information in one place. The portal provides core functions required to advance the venture investment market.
First, through the “Venture Investment Mart” within VCS, it supports the efficient operation of “Venture Investment Toktok,” a one-on-one matching program between investors and early-stage companies. Through this monthly program, participating companies can receive practical feedback, including corporate diagnosis, review of business models and growth strategies, and the establishment of stage-by-stage fundraising strategies.
In addition, VCS provides disclosure information such as investment performance, financial statements, and staffing status for venture capital companies, startup accelerators, and individual investment funds. In particular, since the second half of last year, it has added electronic disclosures for individual investment funds to improve information accessibility. It also continuously operates a function that allows users to report unfair practices in the venture investment process, thereby helping to enhance market transparency.
Furthermore, by offering a function that allows founders to search for investors by investment sector, years in operation, and size of assets under management, the system provides tailored information to entrepreneurs. Recently, it has been developing an advanced search function for investors in cutting-edge fields such as AI and robotics, and it plans to additionally provide key information within this year, including the rate of return of liquidated venture investment funds.
The Venture Fund System (VFS), an information system for venture fund management that the association operates for limited partners (LPs) and general partners (GPs), currently has more than 140 member firms. This system provides qualitative and quantitative evaluation results, including fund-by-fund analytical reports, successful portfolio case studies, and cash flow forecasts, and in recent years membership has been expanding to local governments nationwide and private limited partners.
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Hwang Sunhee, Director of the Investment Management and Supervision Division at the Ministry of SMEs and Startups, said, “The Venture Capital System and the Venture Fund System are part of the venture infrastructure that connects investors, companies, and limited partners through a single data-based investment platform,” adding, “We will continue to develop these systems into an advanced venture investment matching platform where users can easily access information on the entire investment process and invest with confidence.”
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