"Fund of Funds Invests 76.8 Billion Won"…Global Fund Investment Program Launched

KVIC Expects Fund Formation Exceeding 200 Billion Won
Mandatory Investment in Korean Companies Equal to Fund of Funds Commitment
Final Selection to Be Announced in December After Investment Committee Review

Korea Venture Investment Corp. announced on August 20 that it will launch the 2025 second-half Global Fund investment program with a total scale of 76.8 billion won.

The Global Fund is a program in which the Fund of Funds invests in funds operated by outstanding overseas venture capital (VC) firms, requiring these funds to invest at least an amount equal to the Fund of Funds' investment in Korean companies. To date, it has been operated through 74 funds worldwide, with a total scale of 12.3 trillion won.

Since 2013, Korea Venture Investment Corp. has managed the Global Fund, enabling a total investment of 1.3 trillion won in 654 Korean ventures and startups. Among them, domestic ventures and startups such as Bucketplace, Moloco, and Rebellions have grown into unicorns with the fund's support.

For this investment program, the Fund of Funds will invest 76.8 billion won, with the total fund expected to exceed 200 billion won. The investment field is general, and the final selected management company will be required to invest at least an amount equal to the Fund of Funds' investment in Korean companies.

Korea Venture Investment Corp. announced the program on this day and will accept applications from September 5 to 19. After document and on-site evaluations and an investment committee review, the final selection will be announced in early December. Detailed information can be found on the Korea Venture Investment Corp. website.

Lee Daehee, CEO of Korea Venture Investment Corp., stated, "Through the Global Fund, we will actively support overseas investment attraction and global expansion for our ventures and startups, serving as a driving force for Korea to become one of the world's top four venture powerhouses."

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