
Kakao Ventures
Description
Kakao Ventures, an independent venture capital firm and a subsidiary of the South Korean tech giant Kakao Corp., is a prominent early-stage investor based in Seongnam. Established with a mandate to foster innovation, the firm positions itself as a founder-friendly partner, primarily targeting seed to early Series A stage startups. Leveraging its strategic affiliation with Kakao, Kakao Ventures aims to identify and nurture promising technology companies that can benefit from or contribute to the broader Kakao ecosystem.
The firm's investment strategy is deeply rooted in supporting the burgeoning startup landscape in South Korea, with a strong emphasis on sectors like IT, mobile, artificial intelligence, blockchain, content, and gaming. Kakao Ventures is known for its hands-on approach, offering not just capital but also strategic guidance, networking opportunities, and operational support to its portfolio companies. Their "founder-friendly" ethos means they often prioritize long-term partnership and sustainable growth over short-term returns, aiming to build strong relationships with entrepreneurs from the earliest stages.
Kakao Ventures typically deploys initial checks ranging from approximately $300,000 to $2,000,000, making them a significant player in the seed and pre-Series A funding rounds in Korea. As of 2021, the firm managed funds exceeding ₩300 billion (approximately $225 million USD), demonstrating substantial capital reserves for their investment activities. Their extensive portfolio includes over 200 companies, reflecting their high activity level and commitment to diverse technological innovation across various sectors. This broad reach underscores their position as one of the most active early-stage VCs in the region.
Investor Profile
Kakao Ventures has backed more than 68 startups, with 13 new investments in the last 12 months alone. The firm has led 15 rounds, about 22% of its total and boasts 15 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series B rounds (top funding stages).
- Majority of deals are located in South Korea, United States, Germany.
- Strong thematic focus on Software, Artificial Intelligence (AI), Information Technology.
- Led 5 rounds in the past year.
- Typical check size: $300K – $2M.
Stage Focus
- Seed (37%)
- Series A (28%)
- Series B (12%)
- Series C (9%)
- Series D (6%)
- Series Unknown (4%)
- Pre Seed (3%)
- Convertible Note (1%)
Country Focus
- South Korea (69%)
- United States (26%)
- Germany (1%)
- Singapore (1%)
- Japan (1%)
Industry Focus
- Software
- Artificial Intelligence (Ai)
- Information Technology
- E-commerce
- Health Care
- Machine Learning
- Mobile Apps
- Communities
- Virtual Reality
- Augmented Reality
Frequently Asked Questions
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