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SparkLabs Accelerator

Company

Investment-firm

Financing round

General

About Company
SparkLabs Accelerator is a Korean-based business accelerator that provides investment solutions and mentoring for startups.

Industry

Sector :

Subsector :

founded date

06.12.2012

Number of employees

IPO status

Private

Description

The company offers training programs, investment facilities, mentoring programs, and office space solutions to early-stage startup companies who wish to expand globally, with a focus on the Internet, online gaming, mobile, ecommerce, and digital media sectors. The program is three months in length and provides funding, office space, a structured program and access to a top-tier network of entrepreneurs, venture capitalists, angel investors and executives. SparkLabs aims to contribute to and help develop South Korea's startup ecosystem by providing entrepreneurs with the resources they need to succeed in the global marketplace.
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Financials

Investments
191
Date 
name 
Lead 
type 
Raised 
01.08.2024
Yes
30.04.2024
Yes
21.12.2023
No
$695.59K
Local Amount - KRW 900M
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People

Founders
4
Hanjoo Lee
Hanjoo Lee

Hanjoo Lee

John Lee is Co-founder & Partner at SparkLabs Global Ventures. He is also a co-founder & Partner at SparkLabs, a startup accelerator in Korea. John is a co- founder & EVP of Corporate Development and Strategy of Hostway. He serves additional responsibilities as CEO of Hostway India. John and his fellow co- founders bootstrapped Hostway into a top 5 web hosting company in the world with over 700 employees. Hostway is a multinational web hosting company headquartered in Chicago, and serves more than 600,000 customers worldwide. He is currently responsible for overall corporate strategy, strategic alliances, and mergers and acquisitions. Previously, he has held positions in every department of the company, including leading global marketing and sales and overall P&L for North America. Mr. Lee was born and raised in Korea and immigrated to the United States at age 13. He holds a BA in Biology from the University of Chicago.

current job

Bespin Global
Bespin Global

count Of Investments

1

Hanjoo Lee

Eugene Kim
Eugene Kim

Eugene Kim

Eugene is currently a Partner of SparkLabs and manages the day –to-day operations of the SparkLabs accelerator program. Eugene previously served as a Director of Global Business Development at Tencent Korea. He was responsible for the sourcing of Korean game titles to China and Tencent’s global publishing network, headed the global sales of Tencent game titles, and he managed relationships with Tencent’s global publishing partners. Prior to Tencent, Eugene was Director of Business Development and Marketing at Podotree, an online educational app developer in Korea. He was responsible for their marketing and launch effort into the U.S. Previously, he was with Vertigo Games as the Group Manager of the Overseas Business Group. Eugene led all overseas sales efforts and service support, and all business development and game engine licensing activities. Eugene was a Manager and Group Head of the Quality Assurance and Localization Group for NHN USA. He previously served as Project Manager of the Publishing Group at NHN USA and Assistant Manager of Global Strategy & Marketing Development at NHN Corporation. He began his career at The Contents Company, an SK company, in business development and played a key role in launching Korea’s first pilot IP TV service with overseas partners. He earned his BA in Economics and Philosophy from the University of Michigan.

current job

SparkLabs Accelerator
SparkLabs Accelerator

organization founded

1

Eugene Kim

Bernard Moon
Bernard Moon

Bernard Moon

Bernard Moon is a Co-founder & Managing Partner at SparkLabs Group. Founded in 2013, SparkLabs Group comprises of SparkLabs Accelerator with operations in South Korea, Beijing, Hong Kong, Sydney and Taiwan; SparkLabs Global Ventures, a global seed-stage fund; and SparkLabs Ventures, an early-stage fund for South Korea and SE Asia. We have invested in over 250 companies across all of our entities and across 6 continents. Some of our companies are Andela closed their $100 million Series D in 2019; Lyft closed $1 billion from Alphabet’s CapitalG at a $11 billion valuation in 2017 and then had their IPO in 2019; Deserve’s (formerly Selfscore) $17M Series C led by Sallie Mae; 88Rising’s $5M Series A led by WPP along with Horizons & Blue Pool in 2017; and Memebox, which closed $126 million total in their Series C at the end of 2016 and recently closed a $35 million Series D with J&J. Previously, he was Co-founder & CEO of Vidquik, a web conferencing & sales solutions platform. Bernard was a Managing Director at the Lunsford Group, which is a private investment firm with holdings in real estate, healthcare and other industries. Bernard was Co-founder & VP of Business Development of GoingOn Networks, a social media platform for companies, and also led their product development where BusinessWeek recognized them in their “Best of the Web” list. Prior to this, Bernard was a Director at iRG, a leading boutique investment bank in Asia, where he focused on TMT companies. Prior to iRG, Bernard was VP of Business Development & Marketing at HeyAnita Korea, a leading voice portal and solutions provider, which was joint venture between Softbank and HeyAnita, Inc. Bernard was responsible for establishing strategic partnerships and helping to build the company from its conceptual stage to a 54-person operation. Additionally, he assisted in the closing of the company's two rounds of financing totaling $14.5 million. He is a frequent guest writer to various technology journals, such as VentureBeat, Mashable, TechCrunch, and ReadWriteWeb, and has been published in The New York Times, The Washington Post, and other publications. Bernard completed a post-graduate fellowship with the Coro Foundation. He received his MPA in Telecom and New Media Policy from Columbia University and a BA in English and Psychology from the University of Wisconsin-Madison.

current job

SparkLabs Group
SparkLabs Group

organization founded

4

Bernard Moon

Jimmy Kim
Jimmy Kim

Jimmy Kim

Jimmy Kim is Co-founder & Partner at SparkLabs Global Ventures. He is also a co-founder & Partner at SparkLabs, a startup accelerator in Korea. Jimmy is co- founder and Chairman of the board of N3N, an interactive software company that mixes passion, creativity and technology to create new interactive user experiences and innovative presentation solutions. N3N’s client lists include BMW, Infiniti, Nike Golf, Dentsu, Korea Telecom and other leading worldwide companies. He previously served as N3N’s CEO. Jimmy is sought-after speaker on online gaming and technology and has spoke at various conference such as LeWeb, Ad:Tech, and Web 2.0 Expo. Previously, Jimmy was CEO of Nexonova, a game development studio of Nexon Corp that specializes in Social Network Games. Prior to Nexonova, Jimmy served Executive Vice President of Nexon Corp, and Head of Nexon’s Portal (www.nexon.com, market cap: $5 billion) and Web Services. Nexon is one of the most successful online gaming providers, with games such as Maple Story, Dungeon and Fighter, Combat Arms, and Kart Rider. Nexon services over 20 games across 60 countries to an audience of 300 million. Jimmy was the founding investor and active deal adviser of Studio Ex, an online gaming studio that was acquired by Disney in 2012. Jimmy received his B.S. in Engineering from Northwestern University, and also a M.S. in Engineering from Korea Advanced Institute of Science and Technology (KAIST). Jimmy also completed the Stanford University’s Graduate School of Business’s Executive Management Program.

current job

SparkLabs Global Ventures
SparkLabs Global Ventures

organization founded

2

Jimmy Kim

Employee Profiles
24

Jeonghun Che

Investment Manager

Seungtae Kim

Seungtae Kim

Investment Manager

KJ Lee

Director

Heeyoon Lee

Heeyoon Lee

Program Director and Investment Manager

Sam Wick

Sam Wick

Mentor

Eugene Kim

Eugene Kim

Partner

Crick Waters

Crick Waters

Mentor

Hanjoo Lee

Hanjoo Lee

Co-founder

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