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Hanwha

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

Description

Hanwha Corporation is one of the Top-Ten industrial conglomerates in South Korea

Investor Profile

Hanwha has backed more than 12 startups, with 5 new investments in the last 12 months alone. The firm has led 3 rounds, about 25% of its total and boasts 3 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Post Ipo Equity, Seed, Series B rounds (top funding stages).
  • Majority of deals are located in United States, South Korea, Norway.
  • Strong thematic focus on Manufacturing, Blockchain, Internet of Things.
  • Led 2 rounds in the past year.

Stage Focus

  • Post Ipo Equity (17%)
  • Seed (17%)
  • Series B (17%)
  • Series D (8%)
  • Pre Seed (8%)
  • Series C (8%)
  • Series Unknown (8%)
  • Post Ipo Debt (8%)
  • Series A (8%)

Country Focus

  • United States (58%)
  • South Korea (25%)
  • Norway (8%)
  • Australia (8%)

Industry Focus

  • Manufacturing
  • Blockchain
  • Internet Of Things
  • Artificial Intelligence (Ai)
  • Electronics
  • Information Technology
  • Auto Insurance
  • Finance
  • Insurance
  • Web Design
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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 Hanwha frequently co-invest with?

Ribbit Capital
North America, California, United States, Palo Alto
Co-Investments: 2
Draper Dragon
North America, California, United States, San Mateo
Co-Investments: 2
Altos Ventures
North America, California, United States, Menlo Park
Co-Investments: 2
IOSG Ventures
Asia, Hong Kong Island, Hong Kong, Hong Kong
Co-Investments: 2
HashKey Capital
Asia, Hong Kong Island, Hong Kong, Hong Kong
Co-Investments: 2
Jump Crypto
North America, Illinois, United States, Chicago
Co-Investments: 2
NewBuild Venture Capital
North America, California, United States, Palo Alto
Co-Investments: 2
Escape Velocity
Oceania, Victoria, Australia, Wheelers Hill
Co-Investments: 2
DHVC
North America, California, United States, Palo Alto
Co-Investments: 2
Goodwater Capital
North America, California, United States, Burlingame
Co-Investments: 2

Which angels does Hanwha often collaborate with?

AP
North America, California, United States, San Francisco
Shared Deals: 1
MR
North America, California, United States, San Francisco
Shared Deals: 1
PR
North America, Maryland, United States, Baltimore
Shared Deals: 1
SS
North America, Nevada, United States, Las Vegas
Shared Deals: 1
AR
North America, New York, United States, New York
Shared Deals: 1
NB
North America, California, United States, San Francisco
Shared Deals: 1
CS
North America, Texas, United States, Austin
Shared Deals: 1

What are some of recent deals done by Hanwha?

HavocAI

Providence, Rhode Island, United States

HavocAI is an artificial intelligence company that offers maritime autonomy solutions to the defense and commercial markets.

Artificial Intelligence (AI)Marine TechnologyPublic Safety
Series AOct 9, 2025
Amount Raised: $85,000,000
Austal

Perth, Western Australia, Australia

Austal is a shipbuilding platform that designs, construct, and support revolutionary defense and commercial vessels.

CommercialConstructionManufacturingProduct Design
Post Ipo EquityMar 18, 2025
Amount Raised: $116,593,185
Hone Health

New York, New York, United States

Hone Health is a telehealth clinic that offers hormone optimization and wellness therapies for both men and women.

Health Care
Series AJan 28, 2025
Amount Raised: $33,000,000
REC Silicon ASA

Fornebu, Akershus, Norway

Silicon producer for the solar and electronics industries

ElectronicsManufacturingSolar
Post Ipo DebtJan 24, 2025
Amount Raised: $40,000,000
Luma AI

Palo Alto, California, United States

Luma AI is a generative AI startup that enables users to transform text descriptions into corresponding 3D models.

3D TechnologyArtificial Intelligence (AI)Augmented RealityGenerative AIVideo GamesVirtual Reality
Series BDec 6, 2024
Amount Raised: $90,000,000
KDT Diamond

Seoul, Seoul-t'ukpyolsi, South Korea

KDT Diamond manufactures synthetic diamonds for industrial applications, including semiconductors, precision tools, advanced manufacturing.

FashionManufacturingPrecious Metals
Series UnknownSep 6, 2024
Amount Raised: $746,954
DreamBig Semiconductor

San Jose, California, United States

DreamBig Semiconductor provides Chiplet platform with SMARTNIC/DPU solutions for AI, data centers and storage acceleration.

Artificial Intelligence (AI)Data CenterData StorageElectronics
Series BJul 16, 2024
Amount Raised: $75,000,000
MachineFi Lab

Los Angeles, California, United States

MachineFi Lab operates as a designer for IoT and blockchain technologies.

BlockchainInternet of ThingsWeb Design
SeedJun 7, 2022
Amount Raised: $10,000,000
IoTeX

Houston, Texas, United States

IoTeX is a modular Web3 infrastructure platform connecting smart devices and real-world data to blockchains.

BlockchainCryptocurrencyDecentralized Finance (DeFi)Internet of ThingsWeb3
SeedJun 7, 2022
Amount Raised: $10,000,000
Carrot General Insurance

Seoul, Seoul-t'ukpyolsi, South Korea

Carrot General Insurance is a digital insurance company.

Auto InsuranceFinanceInsurance
Post Ipo EquityJul 2, 2021
Amount Raised: $88,435,314