South Korea's Mother Fund has selected six global venture capital managers from the US, France, Hong Kong, and Vietnam to establish new funds totaling 721.4 billion won ($555 million), with a mandate to invest in Korean startups and drive global expansion.
#YonhapInfomax #MotherFund #KoreaVentureInvestment #GlobalFund #VentureCapital #UnicornStartups #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=94532
Mother Fund Launches Global Fund Initiative—KRW 76.8 Billion Allocated
Korea Venture Investment Corp. launches a KRW 76.8 billion ($57.5 million) Global Fund initiative, targeting overseas VC partnerships with mandatory investment in Korean startups.
Lee Jae-myung Includes 'Venture Investment' in First Campaign Promise - A Gift Package for VC Ecosystem
Presidential candidate Lee Jae-myung prioritizes venture investment in campaign promises, aiming to boost South Korea's venture capital ecosystem and achieve global top 4 venture powerhouse status.
55 companies compete for 155.2 billion won allocation in Mother Fund's second regular investment, with future environmental industry sector seeing fierce competition across green startup, commercialization, and scale-up categories.
#YonhapInfomax #MotherFund #KoreaVentureInvestment #InvestmentProject #FutureEnvironmentalIndustry #Metaverse #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=61704
55 Companies Compete for Mother Fund's 2nd Regular Investment - 155.2 Billion Won Allocated
55 companies compete for 155.2 billion won allocation in Mother Fund's second regular investment, with future environmental industry sector seeing fierce competition across green startup, commercialization, and scale-up categories.
12 GPs for Mother Fund's Cultural Account 1st Regular Funding Begin Fundraising
Korea Venture Investment Corp. selects 12 GPs for Mother Fund's Cultural Account, aiming to raise 615.6 billion won in sub-funds across five sectors
Ministry of SMEs and Startups Finalizes 34 GPs for First Regular Mother Fund Investment, Including 10 Rookies
Korea Venture Investment Corp. selects 34 GPs for Mother Fund's first regular investment, including 10 rookies, with 374.7 billion won total investment to form subsidiary funds of at least 753.8 billion won
Patent Technology Fund - Will Samho Green & IBK Capital-POSCO Tech Investment Secure GP Positions Unopposed?
Two asset management companies vie for GP positions in Korea Venture Investment's Mother Fund patent account, with low competition due to minimal investment ratio of 12.5%
[From the Field]Reinvestment of Mother Fund Recovery Resources - Potential Introduction to Rookie League
Mother Fund considers allowing reinvestment of recovered resources in Rookie League to boost challenging investments amid tough VC fundraising market
Kyobo Securities Aims for Solo GP in Mother Fund, Boosted by Furiosa AI Investment
Kyobo Securities aims for solo GP role in Mother Fund's revitalization sector, leveraging momentum from Furiosa AI investment amid challenging market conditions
[Mother Fund' 1st Round①] Record Number of Rookie VCs Compete in 'Rookie League' - 41 Firms Vie for Selection
Record 41 emerging venture capital firms compete in 'Rookie League' for Mother Fund selection, with 100 billion won budget allocated for challenging investments in startup ecosystem
Yonhap Infomax News