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Korea Development Bank

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

Description

Korea Development Bank is a state-owned bank in South Korea that funds major industrial projects.

Investor Profile

Korea Development Bank has backed more than 48 startups, with 20 new investments in the last 12 months alone. The firm has led 6 rounds, about 13% of its total and boasts 10 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series A, Series C rounds (top funding stages).
  • Majority of deals are located in South Korea, United States, China.
  • Strong thematic focus on Software, Artificial Intelligence (AI), Machine Learning.
  • Led 3 rounds in the past year.

Stage Focus

  • Series B (31%)
  • Series A (21%)
  • Series C (19%)
  • Series Unknown (13%)
  • Series D (6%)
  • Series G (4%)
  • Debt Financing (2%)
  • Convertible Note (2%)
  • Seed (2%)

Country Focus

  • South Korea (92%)
  • United States (6%)
  • China (2%)

Industry Focus

  • Software
  • Artificial Intelligence (Ai)
  • Machine Learning
  • Information Technology
  • Biotechnology
  • Internet
  • E-commerce
  • Saas
  • Fintech
  • Internet Of Things
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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 Korea Development Bank frequently co-invest with?

Industrial Bank of Korea
Asia, Seoul-t'ukpyolsi, South Korea, Seoul
Co-Investments: 5
Altos Ventures
North America, California, United States, Menlo Park
Co-Investments: 12
SBVA
Asia, Seoul-t'ukpyolsi, South Korea, Seoul
Co-Investments: 3
Mirae Asset Venture Investment
Asia, Kyonggi-do, South Korea, Seongnam
Co-Investments: 4
IMM Investment
Asia, Cholla-namdo, South Korea, Kangnam
Co-Investments: 4
Korea Investment Partners
Asia, Seoul-t'ukpyolsi, South Korea, Seoul
Co-Investments: 4
Shinhan Venture Investment
Asia, Seoul-t'ukpyolsi, South Korea, Seoul
Co-Investments: 5
KB Investment
Asia, Seoul-t'ukpyolsi, South Korea, Seoul
Co-Investments: 4
KT Investment
Asia, Seoul-t'ukpyolsi, South Korea, Seoul
Co-Investments: 3
Premier Partners
Asia, Seoul-t'ukpyolsi, South Korea, Seoul
Co-Investments: 3

What are some of recent deals done by Korea Development Bank?

TelePIX

Seoul, Seoul-t'ukpyolsi, South Korea

TelePIX specializes in high-resolution electro-optics for observation, surveillance, and tracking.

Information Technology
Series UnknownMar 16, 2026
Amount Raised: $10,027,275
Mustbio

Seoul, Seoul-t'ukpyolsi, South Korea

MustBio utilizes multi-antibody technology to develop immuno-oncology therapeutics.

BiotechnologyHealth CareMedicalOncology
Series CMar 13, 2026
Amount Raised: $23,289,084
ActionPower

Gwangju, Kwangju-jikhalsi, South Korea

ActionPower is an AI-based startup company that offers speech recognition and natural language processing technology services.

Artificial Intelligence (AI)Information TechnologySoftware
Series BMar 5, 2026
Amount Raised: $4,052,384
Uniqconn

Seongnam, Kyonggi-do, South Korea

Uniqconn is a telecommunication company that offers wireless and mechanical interference services.

Information and Communications Technology (ICT)TelecommunicationsWireless
Series BFeb 27, 2026
Amount Raised: $12,878,326
RLWRLD

Seoul, Seoul-t'ukpyolsi, South Korea

RLWRLD is a software company that develops foundation models through Artificial Intelligence and robotics.

Artificial Intelligence (AI)Robotic Process Automation (RPA)Robotics
SeedFeb 25, 2026
Amount Raised: $26,000,000
BOS Semiconductors

Seongnam, Kyonggi-do, South Korea

BOS Semiconductors develops semiconductor technology for the automotive industry.

AutomotiveElectronicsSemiconductor
Series AFeb 23, 2026
Amount Raised: $60,300,606
Galux

Dogokdong, Seoul-t'ukpyolsi, South Korea

Galux provides molecular design technology focusing on discovering and developing novel drugs for incurable and rare diseases.

Artificial Intelligence (AI)BiotechnologyMedicalProduct ResearchProfessional Services
Series BFeb 9, 2026
Amount Raised: $29,000,000
Aniai

New York, New York, United States

Aniai develops a labor solution for quick service restaurants by building a robotic kitchen.

Artificial Intelligence (AI)Food and BeverageIndustrial AutomationRobotics
SeedJan 20, 2026
Amount Raised: $4,000,000
AiderX

Seongnam, Kyonggi-do, South Korea

AiderX is a technology startup that creates AI assistants for everyone.

AdvertisingArtificial Intelligence (AI)Cloud Infrastructure
SeedJan 13, 2026
Amount Raised: $6,779,619
RideFlux

Jeju, Cheju-do, South Korea

RideFlux is a self-driving software company for safe and reliable autonomous transporation service

AutomotiveAutonomous VehiclesMobileRoboticsSoftwareTransportation
Series UnknownDec 29, 2025
Amount Raised: $13,953,954

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