Founded in 1954, Korea Development Bank focuses on providing long-term financing for major industrial projects in South Korea. It invests in series C, series B, series A, and venture rounds, with a preference for startups aged 11-15 years. The fund has no specific preference for the number of founders in portfolio startups, but startups with four founders have a lower chance of receiving investment. The fund's thriving investment areas include Communications Infrastructure and E-Commerce. It has a track record of committing exits more frequently than other organizations. The fund typically engages in less than two deals per year, with an average startup value of $10-50 million. Notable portfolio startups include China Bank, True Balance, and East Interactive. In addition to Korea Development Bank, startups are often financed by SparkLabs Accelerator, SK Securities, and Mirae Asset Venture Investment.