Mashup Ventures Appoints Eunwoo Park as CIO and Recruits Successful Founders

"Enhancing Deep-Tech Investment Expertise"
Strengthening Support for Portfolio Companies' Global Expansion and Scaling Up

Mashup Ventures, an investment firm specializing in early-stage startups, has appointed Eunwoo Park as Vice President (Chief Investment Officer, CIO) and brought on Sangwon Lee, co-founder of Qeexo, as Venture Partner, as well as Hoon Seok, co-founder of Zigbang, as Entrepreneur in Residence (EIR). These moves are aimed at enhancing the firm's investment expertise in emerging core technology fields and supporting portfolio companies in global expansion and scaling up.

From the left, Eunwoo Park, Vice President; Sangwon Lee, Venture Partner; and Hoon Seok, Entrepreneur in Residence (EIR) at Mashup Ventures.

On July 15, a Mashup Ventures representative stated, "Vice President Eunwoo Park joined Mashup Ventures as a partner in 2023 and has since executed early-stage investments totaling 40 billion won. Moving forward, he will oversee the entire investment system based on his independent investment perspective and deep-tech expertise."

Park, the new Vice President, has experience as both an engineer and a venture capitalist (VC), as well as at deep-tech startups, giving him a dual background in investment and entrepreneurship. While serving as an associate at BonAngels Venture Partners, he made the first institutional investments in Vuno, a medical AI company, and Nearthlab, an AI-enabled autonomous drone company. Later, he joined Nearthlab as Chief Strategy Officer (CSO), helping lead the company's expansion into over 30 countries and securing investments totaling 30 billion won.

Venture Partner Sangwon Lee, who was recently recruited, co-founded Qeexo, a machine-learning-based deep-tech company in Silicon Valley, and later sold it to global electronics giant TDK. He is expected to actively support Mashup Ventures' portfolio companies in their go-to-market (GTM) efforts in the U.S. market and in securing subsequent investment rounds.

EIR Hoon Seok is a former certified public accountant at Samil PwC and a serial entrepreneur who has contributed to the growth of companies such as Zigbang and Houzer. As Zigbang's co-founder and CSO, he led the company's growth and scaling-up initiatives. Subsequently, he has served as CFO for several companies, leading critical growth stages such as fundraising, business operations, M&A, and post-merger integration (PMI).

Mashup Ventures CEO Taekkyung Lee commented, "At a time when discovering and nurturing deep-tech startups has never been more important, I expect Vice President Park, who deeply understands both technology and business, to sharpen Mashup Ventures’ early-stage investment strategy even further. With the addition of talent possessing global entrepreneurial experience and large-scale organizational scaling expertise, we will further strengthen our comprehensive support system for portfolio companies."

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