
Fast Ventures
Description
Fast Ventures is a prominent early-stage venture capital firm based in Seoul, South Korea, established as a key part of the Fast Track Asia group. The firm primarily focuses on seed to Series A investments, targeting innovative startups with high growth potential across various sectors. Their investment philosophy extends beyond mere capital injection, emphasizing active support and operational guidance to help portfolio companies scale.
The firm's investment thesis centers on identifying disruptive technologies and business models, with a particular interest in sectors such as information technology, mobile applications, e-commerce, digital content, and emerging tech. Fast Ventures is known for its hands-on approach, leveraging its extensive network and operational expertise to assist founders with strategic planning, talent acquisition, and market expansion. This collaborative model aims to foster sustainable growth for their portfolio companies.
Fast Ventures has established a significant presence in the Korean startup ecosystem, having invested in over 100 startups since its inception. Their typical first cheque sizes range from approximately 500 million KRW to 2 billion KRW, which translates to roughly $365,000 to $1,460,000 USD, depending on the stage and specific needs of the startup. The firm has demonstrated robust fundraising capabilities, with their fourth fund, for example, successfully raising 30 billion KRW (approximately $25 million USD at the time of its closing). This financial capacity allows them to support companies through critical early growth phases.
Their commitment to nurturing the next generation of Korean tech leaders positions Fast Ventures as a crucial player in the region's venture capital landscape. By combining strategic capital with deep operational support, they aim to drive innovation and contribute significantly to the development of the South Korean startup economy.
Investor Profile
Fast Ventures has backed more than 23 startups, with 6 new investments in the last 12 months alone. The firm has led 3 rounds, about 13% of its total and boasts 0 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
- Majority of deals are located in South Korea, United States, Hungary.
- Strong thematic focus on Information Technology, Software, Financial Services.
- Led 2 rounds in the past year.
- Typical check size: $365K – $1.5M.
Stage Focus
- Seed (70%)
- Series A (26%)
- Pre Seed (4%)
Country Focus
- South Korea (91%)
- United States (4%)
- Hungary (4%)
Industry Focus
- Information Technology
- Software
- Financial Services
- E-commerce
- Trading Platform
- Service Industry
- Manufacturing
- Health Care
- Information Services
- Analytics
Frequently Asked Questions
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