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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?

Snap Company

Seoul, Seoul-t'ukpyolsi, South Korea

Snap Company is an e-commerce solutions provider that leverages AI technology and customer data to deliver customized tools.

Artificial Intelligence (AI)E-CommerceMarketingSaaS
Series UnknownOct 30, 2025
Amount Raised: $14,744,819

Daedong Aegtech is a future agriculture platform that provides AI alerts and vehicle diagnostics for farming sectors.

AgricultureAgTechFarming
Series UnknownOct 28, 2025
Amount Raised: $10,433,015
Habit Factory

Yongsan, Seoul-t'ukpyolsi, South Korea

Habit Factory provides financial big data analytics solutions.

ConsultingFinanceFinancial ServicesInsurance
Series DOct 23, 2025
Amount Raised: $24,314,324
Rebellions

Seongnam, Kyonggi-do, South Korea

Rebellions develops AI accelerator chips and data center systems designed for efficient inference in large‑scale applications.

Artificial Intelligence (AI)HardwareManufacturingSemiconductor
Series CSep 30, 2025
Amount Raised: $250,000,000
MTR Corporation

Kowloon City, Kowloon, Hong Kong

MTR Corporation operates a rail-based transportation system.

Public TransportationRailroadTransportation
Post Ipo DebtSep 23, 2025
Amount Raised: $3,959,035,940
Yeoshin

Seoul, Seoul-t'ukpyolsi, South Korea

Yeoshin is a skin treatment information platform.

BeautyHealth CareInformation ServicesMobile Apps
Series CSep 8, 2025
Amount Raised: $7,191,590
Upstage

Yongin, Ch'ungch'ong-namdo, South Korea

Upstage is an AI-driven language models and document processing engines that streamline data extraction, analysis, and workflow management.

Artificial Intelligence (AI)Machine LearningNatural Language ProcessingPredictive AnalyticsSoftware
Series BAug 19, 2025
Amount Raised: $44,619,287

Qunova Computing is an integrated computing solution that generates results and enhances efficiency services.

ComputerHardwareSoftware
Series AAug 18, 2025
Amount Raised: $10,000,000
StudioBside

Seongnam, Kyonggi-do, South Korea

StudioBside is a mobile game developer based in Korea.

GamingInternetMobile Apps
Series UnknownJul 23, 2025
FuriosaAI

Seoul, Seoul-t'ukpyolsi, South Korea

FuriosaAI designs and develops data center accelerators for the most advanced AI models and applications.

AnalyticsArtificial Intelligence (AI)Big DataHardwareInformation TechnologySemiconductor
Series CJul 22, 2025
Amount Raised: $122,508,824