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Ascendo Ventures

Asia, Seoul-t'ukpyolsi, South Korea, Seoul

Description

Ascendo Ventures invests in top Korean and global startups with a focus on supporting their growth via cross-border business development

Investor Profile

Ascendo Ventures has backed more than 11 startups, with 4 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series C, Series B rounds (top funding stages).
  • Majority of deals are located in South Korea, United States, Vietnam.
  • Strong thematic focus on Information Technology, Apps, Software.

Stage Focus

  • Seed (55%)
  • Series C (18%)
  • Series B (9%)
  • Series A (9%)
  • Series Unknown (9%)

Country Focus

  • South Korea (55%)
  • United States (36%)
  • Vietnam (9%)

Industry Focus

  • Information Technology
  • Apps
  • Software
  • Web Development
  • Internet
  • Medical
  • Finance
  • Financial Services
  • Fintech
  • Payments
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Ascendo Ventures frequently co-invest with?

ES Investor
Asia, Seoul-t'ukpyolsi, South Korea, Seoul
Co-Investments: 1
Korea Development Bank
Asia, Seoul-t'ukpyolsi, South Korea, Seoul
Co-Investments: 2
305 Ventures
North America, Florida, United States, Miami
Co-Investments: 1
MPG Fund
North America, North Carolina, United States, Charlotte
Co-Investments: 1
FundersClub
North America, California, United States, San Francisco
Co-Investments: 1
Smilegate Investment
Asia, Kyonggi-do, South Korea, Seongnam
Co-Investments: 2
KB Securities
Asia, Seoul-t'ukpyolsi, South Korea, Seoul
Co-Investments: 1
DV
North America, Florida, United States, Miami
Co-Investments: 1
Alchemist Accelerator
North America, California, United States, San Francisco
Co-Investments: 1
Goodwater Capital
North America, California, United States, Burlingame
Co-Investments: 1

Which angels does Ascendo Ventures often collaborate with?

AS
North America, California, United States
Shared Deals: 1
Claire Diaz-Ortiz
South America, Distrito Federal, Argentina, Buenos Aires
Shared Deals: 1
Vijay Shekhar Sharma
Asia, Delhi, India, New Delhi
Shared Deals: 1
SN
North America, California, United States, San Mateo
Shared Deals: 1
MF
North America, New York, United States, New York
Shared Deals: 1
RT
North America, Texas, United States, Houston
Shared Deals: 1
Pravin Gandhi
Asia, Maharashtra, India, Mumbai
Shared Deals: 1

What are some of recent deals done by Ascendo Ventures?

Reset Company

Seongnam, Kyonggi-do, South Korea

Reset Company specializes in building sustainable energy production and resource circulation ecosystems.

Environmental ConsultingRenewable EnergySolar
Series BJul 7, 2025
Amount Raised: $3,656,432
TEN Inc

Seoul, Seoul-t'ukpyolsi, South Korea

TEN Inc. provides an MLops platform (AI workload orchestration) for efficient operation of AI infrastructure.

Series UnknownMay 21, 2025
Amount Raised: $5,834,364
Aldavar

Daejeon, Taejon-jikhalsi, South Korea

ALDAVER provides incredibly realistic personalized surgical training models using innovative biopolymer materials.

3D PrintingMedicalTraining
Series ADec 7, 2024
Amount Raised: $7,717,944
H Energy

Yeoksamdong, Seoul-t'ukpyolsi, South Korea

H Energy provides optimal operation of distributed resources and power brokerage services.

EnergyInformation TechnologySolar
Series COct 7, 2024
Amount Raised: $29,775,823
Ugly Lab

Seoul, Seoul-t'ukpyolsi, South Korea

Ugly Lab is a waste-tech startup that provides subscription-based waste collection services and consulting.

ConsultingDeveloper PlatformInformation TechnologyInternet of ThingsSubscription ServiceWeb Apps
SeedAug 20, 2024
Amount Raised: $1,880,814
CloudHospital

Seocho, Seoul-t'ukpyolsi, South Korea

Cross-border Treatment and Cross-border Telemedicine Services worldwide

Data CenterHealth CareHospitalInformation TechnologyInternetMedicalWeb Hosting
SeedFeb 17, 2023
Amount Raised: $1,543,329
Pigeon

Miami, Florida, United States

Pigeon is a peer-to-peer lending platform that facilitates loans between family, friends, and loved ones.

FinanceFinancial ServicesFinTechPayments
SeedMay 17, 2022
Amount Raised: $2,500,000
GOQii

Menlo Park, California, United States

GOQii’s goal is to enable people across the world to “be the force” to unleash their untapped potential.

Consumer ElectronicsFitnessLifestyle
Series CFeb 16, 2022
Amount Raised: $50,000,000
Blue Wale Company Co., Ltd.

Seoul, Seoul-t'ukpyolsi, South Korea

Blue Wale Company is a software application that provides store rental spaces and luggage storage reservation services.

AppsMobile AppsRentalReservationsSelf-StorageSoftware
SeedJan 28, 2022
ALLO

San Francisco, California, United States

AI powered collaboration platform

AppsInformation TechnologySoftwareWeb Development
SeedDec 1, 2021
Amount Raised: $5,000,000