Skip to Content

Press Releases

First Quarter Venture Investment and Funds Formation in the Republic of Korea: The Highest Ever

International Cooperation Division
- Investments and funds surpassed KRW 1 trillion in the first quarter respectively, along with the second venture boom -

□ (Investment) Investment in the first quarter this year grew by over 60% year-on-year (+ KRW 472.3 billion), reaching KRW 1.246 trillion, the highest ever in the first quarter. ◦ In all business types, investment grew by over KRW 100 billion, especially in the distribution and service, information and communications technology (ICT), and biomedical business types, which have mainly attracted investment recently. ◦ Companies that drew more than KRW 10 billion in investment amounted to 23, the highest ever for the first quarter.

□ (Funds) Fund-raising jumped by close to three times in the first quarter year-over-year thanks to fund of funds investment, recording KRW 1.456 trillion, the highest attained in the first quarter. ◦ While policy financing investment by funds of funds and policy agencies, among others, largely surged (+231.0%, + KRW 324.5 billion), private investment also jumped (+169.8%, + KRW 623.8 billion).
Please see the attached file.