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Korea Development Bank

Company

Investment-firm

investment deals

year

General

About Company
Korea Development Bank is a government venture capital firm in Seoul.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.1954

Number of employees

IPO status

Private

Description

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.
Contacts

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Financials

Investments
159
ALL

South Korea

United States

Australia

China

Finland

Japan

Philippines

Russia

Date 
name 
Lead 
type 
Raised 
09.04.2024
No
$4.8M
Local Amount - KRW 6.5B
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No
$17.08M
Local Amount - KRW 23.1B
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Medistream

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People

Founders
1
Dong-gull Lee
Dong-gull Lee

Dong-gull Lee

Lee Dong-gull is the Chief Executive Officer and Chairman of Korea Development Bank.

current job

Korea Development Bank
Korea Development Bank

Dong-gull Lee

Employee Profiles
6
Dong-gull Lee
Dong-gull Lee

Dong-gull Lee

Lee Dong-gull is the Chief Executive Officer and Chairman of Korea Development Bank.

current job

Korea Development Bank
Korea Development Bank

Dong-gull Lee

CEO

Adolfo Dindo Abueg
Adolfo Dindo Abueg

Adolfo Dindo Abueg

current job

Korea Development Bank
Korea Development Bank

Adolfo Dindo Abueg

Co-Head of Project Finance, Asia Pacific

Activity

Recent News
7
News Timeline

number of mentions

week