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LB Investment

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

Description

LB Investment is a highly reputable venture capital firm based in Seoul, South Korea, with a significant presence in the Asian and global investment landscape. Established in 1996, it has grown to become one of the leading VCs in Korea, known for its long-standing history and extensive portfolio. The firm's investment philosophy centers on identifying and nurturing innovative companies across diverse high-growth sectors, aiming to support them from early stages through to successful exits.

The firm maintains a broad investment mandate, primarily focusing on technology, digital content, biotechnology, and healthcare. This diversified approach allows LB Investment to capitalize on emerging trends across various industries. While they engage in investments across different stages, their sweet spot often lies in growth-stage companies that have demonstrated product-market fit and are poised for significant scaling. LB Investment also extends its reach beyond South Korea, with offices in Shanghai and Silicon Valley, reflecting a strategic interest in global market opportunities and cross-border collaboration.

With over two decades of experience, LB Investment boasts an impressive track record of successful investments and exits. The firm manages assets under management (AUM) exceeding 1.5 trillion Korean Won, which translates to approximately $1.1 billion USD, deployed across more than 20 active funds. Their portfolio includes numerous high-profile companies that have achieved significant market success, such as their early investment in Big Hit Entertainment (now HYBE Corporation), the agency behind global sensation BTS, and Kakao Games. As of recent data, LB Investment has made over 200 investments and facilitated more than 50 successful exits, underscoring their capability to identify and scale promising ventures.

Beyond capital injection, LB Investment is recognized for its hands-on approach, providing strategic guidance, operational support, and access to their extensive network. This value-add is crucial for portfolio companies navigating complex growth phases, market expansion, and internationalization. Their deep industry expertise and long-term commitment to portfolio companies contribute significantly to their success, solidifying LB Investment's position as a preferred partner for ambitious entrepreneurs.

Investor Profile

LB Investment has backed more than 28 startups, with 12 new investments in the last 12 months alone. The firm has led 7 rounds, about 25% of its total and boasts 11 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, Japan.
  • Strong thematic focus on Software, Health Care, Artificial Intelligence (AI).
  • Led 3 rounds in the past year.
  • Typical check size: $1M – $10M.

Stage Focus

  • Series B (39%)
  • Series A (29%)
  • Series C (18%)
  • Seed (7%)
  • Series Unknown (4%)
  • Series D (4%)

Country Focus

  • South Korea (75%)
  • United States (21%)
  • Japan (4%)

Industry Focus

  • Software
  • Health Care
  • Artificial Intelligence (Ai)
  • Wellness
  • Information Technology
  • Biotechnology
  • E-commerce
  • Apps
  • Smart Home
  • Mobile
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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 LB Investment frequently co-invest with?

Industrial Bank of Korea
Asia, Seoul-t'ukpyolsi, South Korea, Seoul
Co-Investments: 4
Altos Ventures
North America, California, United States, Menlo Park
Co-Investments: 6
Korea Development Bank
Asia, Seoul-t'ukpyolsi, South Korea, Seoul
Co-Investments: 3
SBVA
Asia, Seoul-t'ukpyolsi, South Korea, Seoul
Co-Investments: 3
Mirae Asset Venture Investment
Asia, Kyonggi-do, South Korea, Seongnam
Co-Investments: 3
BonAngels Venture Partners
Asia, Seoul-t'ukpyolsi, South Korea, Seoul
Co-Investments: 5
Company K Partners
Asia, Seoul-t'ukpyolsi, South Korea, Ilsangu
Co-Investments: 4
KB Investment
Asia, Seoul-t'ukpyolsi, South Korea, Seoul
Co-Investments: 3
InterVest Co.
Asia, Seoul-t'ukpyolsi, South Korea, Seoul
Co-Investments: 4
Atinum Partners
Asia, Seoul-t'ukpyolsi, South Korea, Seoul
Co-Investments: 3

What are some of recent deals done by LB Investment?

Illimis Therapeutics

Seoul, Seoul-t'ukpyolsi, South Korea

Illimis Therapeutics is a science and technology company that develops treatment for degenerative brain and autoimmune diseases.

BiopharmaBiotechnologyHealth CarePharmaceuticalTherapeutics
Series BJul 14, 2025
Amount Raised: $42,004,389
Beyond Honeycomb

Seoul, Seoul-t'ukpyolsi, South Korea

Beyond Honeycomb is a food-tech startup developing AI driven kitchen robot solutions that learn and recreate world-class chef menus.

Artificial Intelligence (AI)Food and BeverageInformation TechnologyRobotics
Series AJul 9, 2025
Amount Raised: $7,283,309
Ettifos

Seongnam, Kyonggi-do, South Korea

Ettifos is a V2X technology and service development start-up.

AppsElectronicsWireless
Series BJul 2, 2025
Amount Raised: $11,000,000
ASWEMAKE

Incheon, Inch'on-jikhalsi, South Korea

ASWEMAKE is a shopping app that delivers groceries.

AppsE-CommerceGroceryRetailShopping
Series CJun 5, 2025
Amount Raised: $7,377,134
Findy

Tokyo, Tokyo, Japan

Findy is a human resource company that provides recruitment, employment, and staffing solutions with machine learning technology.

Career PlanningEmploymentHuman ResourcesMedia and EntertainmentRecruitingStaffing Agency
Series DMay 26, 2025
Amount Raised: $14,360,569
Seadronix

Ulsan, Kyongsang-bukto, South Korea

Seadronix is a deep learning-based Ship monitoring and autonomous flight control system.

Artificial Intelligence (AI)Machine LearningMarine TechnologySensor
Series BMar 5, 2025
Amount Raised: $10,301,611
ProtoPie

Seoul, Seoul-t'ukpyolsi, South Korea

The easiest interaction design tool for all digital products, allowing designers to build highly interactive prototypes.

Human Computer InteractionProduct DesignSaaSSoftwareUX Design
Series BJan 22, 2025
Amount Raised: $21,000,000
Imagoworks

Seocho, Seoul-t'ukpyolsi, South Korea

Imagoworks specializes in artificial intelligence and cloud-based 3D dental and medical software.

Artificial Intelligence (AI)Cloud ManagementMedicalSoftware
Series CDec 31, 2024
Amount Raised: $15,616,415
WerksOut

Mapo, Seoul-t'ukpyolsi, South Korea

WerksOut is an online fashion brand store.

E-CommerceFashionSales
Series ADec 23, 2024
Amount Raised: $17,234,129
HyperAccel

Seoul, Seoul-t'ukpyolsi, South Korea

HyperAccel provides hardware solutions for developing AI applications.

HardwareManufacturingSemiconductor
Series ADec 18, 2024
Amount Raised: $37,835,796