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We Ventures

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

Description

We Ventures is a prominent venture capital firm based in Seoul, South Korea, established in 2019. The firm has carved out a significant niche by focusing its investments across critical, high-growth sectors, including bio-health, digital content, AI data, and deep tech. Its strategic approach aims to identify and nurture innovative startups that are poised to disrupt their respective industries, primarily within the Korean market but with an eye on global potential.

The firm's investment strategy is characterized by its commitment to early-stage companies, typically engaging in Seed, Series A, and early Series B rounds. We Ventures manages a diverse portfolio of specialized funds, reflecting its targeted investment thesis. For instance, it has successfully closed funds such as the We Ventures Smart Healthcare Fund 2 in 2023, valued at approximately $30 million, alongside a dedicated Deep Tech Fund. Cumulatively, We Ventures has raised and deployed approximately $200 million across its ten distinct funds, demonstrating substantial financial backing for its investment activities.

We Ventures is an active investor, with a track record of over 100 investments since its inception, totaling 107 investments according to Crunchbase. Their typical first check sizes vary depending on the stage and specific needs of the startup. For example, the firm led a Series A round for Mobiinside, investing approximately $2.25 million, and also provided around $1.1 million in funding to MediBloc. These examples illustrate their capacity to provide meaningful capital to promising ventures. The firm not only offers financial support but also leverages its network and expertise to assist portfolio companies in scaling their operations and achieving market leadership.

Investor Profile

We Ventures has backed more than 20 startups, with 8 new investments in the last 12 months alone. The firm has led 4 rounds, about 20% of its total and boasts 1 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Seed, Series B rounds (top funding stages).
  • Majority of deals are located in South Korea, United States.
  • Strong thematic focus on Artificial Intelligence (AI), Software, Apps.
  • Led 2 rounds in the past year.
  • Typical check size: $500K – $5M.

Stage Focus

  • Series A (45%)
  • Seed (20%)
  • Series B (15%)
  • Series Unknown (10%)
  • Series C (10%)

Country Focus

  • South Korea (95%)
  • United States (5%)

Industry Focus

  • Artificial Intelligence (Ai)
  • Software
  • Apps
  • Information Technology
  • Logistics
  • Transportation
  • Customer Service
  • Consulting
  • Service Industry
  • Information Services
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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 We Ventures frequently co-invest with?

Korea Credit Guarantee Fund
Asia, Seoul-t'ukpyolsi, South Korea, Mapo
Co-Investments: 2
Hyundai Motor Group
Asia, Seoul-t'ukpyolsi, South Korea, Seocho
Co-Investments: 1
Fast Ventures
Asia, Seoul-t'ukpyolsi, South Korea, Seoul
Co-Investments: 2
Korea Investment Partners
Asia, Seoul-t'ukpyolsi, South Korea, Seoul
Co-Investments: 3
Kiwoom Asset Management
Asia, Seoul-t'ukpyolsi, South Korea, Yongdungpo
Co-Investments: 2
Shinhan Venture Investment
Asia, Seoul-t'ukpyolsi, South Korea, Seoul
Co-Investments: 4
BeHigh Investment
Asia, Seoul-t'ukpyolsi, South Korea, Seoul
Co-Investments: 2
KB Investment
Asia, Seoul-t'ukpyolsi, South Korea, Seoul
Co-Investments: 5
Strong Ventures
North America, California, United States, Los Angeles
Co-Investments: 6
Atlas Pacific Capital
North America, California, United States, San Jose
Co-Investments: 1

What are some of recent deals done by We Ventures?

Grepp

Seoul, Seoul-t'ukpyolsi, South Korea

Grepp, Inc. supports all activities for education.

EducationInformation TechnologySoftware
Series UnknownApr 7, 2025
Amount Raised: $2,740,646
Pin Therapeutics

Seongnam, Kyonggi-do, South Korea

Pin Therapeutics is a pharmaceutical startup focusing on advanced protein degradation therapeutics.

BiotechnologyManufacturingPharmaceutical
Series CDec 27, 2024
Amount Raised: $13,570,383
WASHSWAT

Seoul, Seoul-t'ukpyolsi, South Korea

Washswat is a laundry service that washes and dries the laundry that is operated by specialized facilities and personnel.

Home ServicesLaundry and Dry-cleaningMobile Apps
Series CNov 27, 2024
Amount Raised: $5,026,954
33M2

Seoul, Seoul-t'ukpyolsi, South Korea

33M2 is a housing rental platform.

RentalService Industry
Series AOct 21, 2024
Amount Raised: $1,814,897
ASWEMAKE

Incheon, Inch'on-jikhalsi, South Korea

ASWEMAKE is a shopping app that delivers groceries.

AppsE-CommerceGroceryRetailShopping
Series BSep 24, 2024
Amount Raised: $8,296,377
GraphAI

Daejeon, Taejon-jikhalsi, South Korea

GraphAI enables seamless integration of diverse data sources for fast and user-friendly AI-powered Business Intelligence (BI).

Artificial Intelligence (AI)Data IntegrationInformation Technology
SeedSep 13, 2024
Amount Raised: $2,256,487
Wello

Seoul, Seoul-t'ukpyolsi, South Korea

Wello is a government business solution that offers language processing-based business recommendation-application-management service.

GovernmentNatural Language ProcessingSoftware
Series ASep 12, 2024
Wello

Seoul, Seoul-t'ukpyolsi, South Korea

Wello is an API that offers a policy recommendation service for individuals and policy intelligence for businesses.

Artificial Intelligence (AI)Developer APIsFinancial ServicesFinTechGovTech
Series ASep 12, 2024
Sapeon Korea

Seongnam, Kyonggi-do, South Korea

Sapeon Korea is a data-center-purposed commercial AI processor that can perform large-scale computations necessary for AI services.

Artificial Intelligence (AI)Cloud ComputingSemiconductor
Series AApr 12, 2023
Amount Raised: $45,346,185
Bigwave Robotics

Seoul, Seoul-t'ukpyolsi, South Korea

Bigwave Robotics is a developer of robotics devices designed to automate processes.

IndustrialRobotics
Series AMar 31, 2023
Amount Raised: $7,501,129