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KTB Network

Asia, Kyonggi-do, South Korea, Seongnam

Description

KTB Network stands as a venerable and influential venture capital firm based in South Korea, boasting a rich history that dates back to its establishment in 1981. As one of the oldest and most prominent VC players in the region, KTB Network has played a pivotal role in shaping the Korean startup ecosystem. The firm is renowned for its comprehensive investment approach, spanning a wide array of sectors and investment stages, from nascent seed rounds to significant growth-stage capital injections.

The firm's investment strategy is characterized by its versatility and deep sector expertise, primarily focusing on high-growth areas such as Information Technology (IT), Bio/Healthcare, New Materials, and various service industries. KTB Network actively manages a substantial portfolio of funds, with its total Assets Under Management (AUM) exceeding KRW 1 trillion, which translates to approximately $750 million USD. This considerable financial backing enables the firm to support companies through various phases of their development, offering both capital and strategic guidance. Its extensive track record includes over 400 investments and more than 100 successful exits, underscoring its consistent ability to identify and nurture promising ventures.

KTB Network's portfolio features some of South Korea's most iconic success stories, including early investments in industry giants like Kakao, Celltrion, and NCsoft. These landmark investments highlight the firm's foresight and its capacity to back companies that go on to achieve significant market leadership. The typical first check sizes from KTB Network are highly adaptable, reflecting its multi-stage investment mandate. For early-stage companies, initial investments can range from approximately $500,000, providing crucial seed capital. For more mature, growth-stage enterprises, KTB Network is prepared to deploy substantial capital, with first checks potentially reaching up to $15,000,000, often taking lead or co-lead positions in larger funding rounds. This flexible investment range ensures that KTB Network remains a relevant and impactful partner for startups across their entire lifecycle.

Investor Profile

KTB Network has backed more than 26 startups, with 0 new investments in the last 12 months alone. The firm has led 4 rounds, about 15% of its total and boasts 16 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 United States, South Korea, China.
  • Strong thematic focus on Biotechnology, Software, E-Commerce.
  • Typical check size: $500K – $15M.

Stage Focus

  • Series B (31%)
  • Series A (31%)
  • Series C (19%)
  • Series Unknown (8%)
  • Private Equity (4%)
  • Series E (4%)
  • Series F (4%)

Country Focus

  • United States (38%)
  • South Korea (27%)
  • China (12%)
  • India (12%)
  • Indonesia (8%)

Industry Focus

  • Biotechnology
  • Software
  • E-commerce
  • Health Care
  • Information Technology
  • Therapeutics
  • Pharmaceutical
  • Analytics
  • Manufacturing
  • Biopharma
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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 KTB Network frequently co-invest with?

Sequoia Capital
North America, California, United States, Menlo Park
Co-Investments: 2
Altos Ventures
North America, California, United States, Menlo Park
Co-Investments: 4
DAOL Investment & Securities
Asia, Seoul-t'ukpyolsi, South Korea, Seoul
Co-Investments: 3
Sierra Ventures
North America, California, United States, San Mateo
Co-Investments: 2
WuXi Healthcare Ventures
North America, Massachusetts, United States, Cambridge
Co-Investments: 2
Johnson & Johnson Robotics and Digital Solutions
North America, New Jersey, United States, New Brunswick
Co-Investments: 2
Company K Partners
Asia, Seoul-t'ukpyolsi, South Korea, Ilsangu
Co-Investments: 2
KB Investment
Asia, Seoul-t'ukpyolsi, South Korea, Seoul
Co-Investments: 3
WI Harper Group
North America, California, United States, San Francisco
Co-Investments: 3
Intel Capital
North America, California, United States, Santa Clara
Co-Investments: 2

Which angels does KTB Network often collaborate with?

Ramakant Sharma
Asia, Karnataka, India, Bengaluru
Shared Deals: 1
GR
North America, California, United States, San Francisco
Shared Deals: 1
Shared Deals: 1
Tej Kapoor
Asia, Singapore
Shared Deals: 1
AN
North America, New York, United States, New York
Shared Deals: 1
VB
North America, California, United States, San Francisco
Shared Deals: 1
Nimesh Kampani
Asia, Maharashtra, India, Mumbai
Shared Deals: 1

What are some of recent deals done by KTB Network?

Soelect

Greensboro, North Carolina, United States

Soelect provides engineering solutions and develops solid-state battery components for electric vehicles, power tools, and electronics.

BatteryElectric VehicleIndustrial EngineeringManufacturing
Series AFeb 3, 2022
Amount Raised: $11,000,000
CoLearn

Senayan, Sumatera Utara, Indonesia

CoLearn is an EdTech platform that empowers tuition centers and tutors to create online learning experiences for their students.

EdTechEducationInformation Technology
Series AJan 26, 2022
Amount Raised: $17,000,000
VIRNECT

Yongsan, Seoul-t'ukpyolsi, South Korea

VIRNECT is an industrial AR solution company.

Augmented RealitySoftware
Series BJan 5, 2022
Amount Raised: $24,994,788
GenEdit

South San Francisco, California, United States

GenEdit develops next generation therapeutics for genetic diseases through safe and efficient CRISPR/Cas9 delivery.

BiotechnologyGeneticsPharmaceuticalTherapeutics
Series ASep 23, 2021
Amount Raised: $26,000,000
Dekoruma

Jakarta, Jakarta Raya, Indonesia

Dekoruma is an e-commerce company that offers interior, furniture, and decoration services.

ConstructionE-CommerceFurnitureHome DecorInterior Design
Series CAug 24, 2021
Amount Raised: $15,000,000
WhaTap Labs

Seocho, Seoul-t'ukpyolsi, South Korea

WhaTap Labs is a Korean company providing B2B service monitoring engine.

Application Performance ManagementB2BSoftware
Series BJun 15, 2021
Amount Raised: $10,742,762
Chlngers

Yeoksamdong, Seoul-t'ukpyolsi, South Korea

Chlngers is a health habit app that helps users to manage tasks, habits, and goals.

AppsSoftwareTask Management
Series AJan 11, 2021
Amount Raised: $4,556,016
Aclima

San Francisco, California, United States

Aclima offers an analytics software to map and analyze air pollution and greenhouse gases.

AnalyticsCleanTechEnterprise SoftwareEnvironmental EngineeringPollution ControlSoftware
Series BNov 19, 2020
Amount Raised: $40,000,000
XW Laboratories

Wuhan, Hubei, China

XW Laboratories develops a portfolio of internally discovered product candidates for the potential treatment of neurological disorders.

BiotechnologyHealth CarePharmaceutical
Series CSep 18, 2020
Amount Raised: $40,000,000
XWPharma

Redwood City, California, United States

XWPharma is a neuroscience biotech company that is researching new medicines for sleep, neuropsychiatric, and other neglected CNS illnesses.

BiopharmaBiotechnologyNeuroscience
Series CSep 17, 2020
Amount Raised: $40,000,000