ING Capital LLC

ING Capital LLC operates as the wholesale banking arm of ING Group in the United States, headquartered in New York. Unlike typical venture capital firms, its primary focus is on providing corporate finance and advisory services to large corporations, financial institutions, and public sector entities. The firm specializes in a range of sophisticated financial solutions, including corporate lending, structured finance, debt capital markets, and financial markets products such as foreign exchange and interest rate derivatives. Its activities are geared towards facilitating substantial financial transactions for established businesses rather than making equity investments in early-stage startups.

The firm's involvement in capital raising is predominantly through large-scale debt financing and underwriting services. For example, ING Capital LLC frequently participates in syndicated loan facilities, where the total deal sizes typically range from hundreds of millions to several billions of dollars, reflecting their engagement with significant corporate financing needs. They also play a role in private placements and securities underwriting, assisting mature companies in raising substantial capital through debt and equity issuances. ING Group, its parent company, reported a net profit of EUR 7.288 billion in 2023, underscoring the scale of its global financial operations and the substantial resources behind ING Capital LLC.

Given its specialized role as a corporate and institutional bank, ING Capital LLC's operational model does not involve providing venture capital "first cheques" to nascent companies. Their financial engagements are characterized by large-scale debt financing and capital markets activities for mature entities. Therefore, the concepts of a "min_check_size" or "max_check_size" in the context of typical venture capital equity investments are not applicable to their business model, as they do not operate as a venture capital fund.