Organization · Government VC
Korea Venture Investment Corporation
Korea Venture Investment Corporation (KVIC) is a government-backed fund-of-funds manager based in South Korea, established to enhance the venture capital ecosystem by allocating capital to various venture capital funds and supporting co-investments in startups.
Overview
What Korea Venture Investment Corporation does
What Korea Venture Investment Corporation is
Korea Venture Investment Corporation (KVIC) is a government-backed fund-of-funds manager based in South Korea, established to enhance the venture capital ecosystem by allocating capital to various venture capital funds and supporting co-investments in startups.
How it participates in the startup ecosystem
The current public profile supports funder and allocator capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Government VC
- Founded
- Founded in 2005
- Approximate age
- About 21 years
- Structured capabilities
- Funder · Allocator
- Last reviewed
- May 5, 2026
Official channels
Find Korea Venture Investment Corporation elsewhere
Open the official website or a supported primary organization account.
Capability profile
Korea Venture Investment Corporation as a funder
Investment thesis
Korea Venture Investment Corporation aims to create a stronger Korean venture investment ecosystem by backing venture funds, mobilizing private capital, and addressing market gaps.
Focus narrative
KVIC invests across various sectors through its funds, including the Korean Fund of Funds and global venture capital funds. The organization is particularly focused on early-stage companies, providing them with the necessary support to thrive and eventually go public. Additionally, KVIC engages in initiatives such as job matching funds and R&D matching funds to enhance the overall startup ecosystem in South Korea.
Value beyond capital
KVIC adds value to its portfolio companies by providing access to a network of resources, expertise, and funding opportunities. Through its role as a fund-of-funds manager, KVIC connects startups with venture capital funds and global investors, enhancing their chances of success and growth in the competitive market.
Focus and fit
- Stages
- Seed · Growth Equity
- Sectors
- Artificial IntelligenceBiotech & Life SciencesHealthcareFintechEnergyClimate & SustainabilityConsumerMobility & TransportationIndustrial & Manufacturing
- Regions
- Global
Availability
- Currently deploying
- Yes
Portfolio and track record
- Recorded portfolio count
- 11,526
- Recorded notable exits
- Rebellions, Toss, and Karrot/Danggeun Market
Portfolio context
KVIC has significantly impacted the venture capital landscape in South Korea, with notable portfolio companies including Rebellions, an AI semiconductor company; Toss, a leading fintech firm; and Karrot/Danggeun Market, a local-commerce marketplace. These companies exemplify the successful support and growth facilitated by KVIC's investment strategies.
Capability profile
Korea Venture Investment Corporation as an allocator
Allocator mandate
KVIC operates as a government-backed venture investment institution, established to support the development of the venture capital industry in South Korea. It aims to create a stronger venture investment ecosystem by backing venture funds, mobilizing private capital, and addressing market gaps.
Focus narrative
Korea Venture Investment Corporation (KVIC) focuses on investing in startups and growth companies to facilitate their journey towards initial public offerings (IPOs). The organization supports early-stage companies through various initiatives, including job matching funds and R&D matching funds, enhancing the overall startup ecosystem in South Korea.
Value and partnership
KVIC adds value to fund managers by providing access to a robust network of venture funds, supporting global VC funds that invest in Korean companies, and facilitating initiatives that enhance the startup ecosystem.
Commitment profile
- Assets under management
- $9,400,000,000
- Target fund count
- 1,446
Availability and engagement
- Proposal state
- Not currently accepting
- Direct co-investment
- No
Mandate and fit
- Fund stages
- Seed Funds · Early Stage · Growth
- Asset classes
- Venture · Growth Equity
- Sectors
- Artificial IntelligenceBiotech & Life SciencesEnergyFintechHealthcareMobility & TransportationReal Estate & Property TechSaaS & Cloud Software
- Regions
- Global
Portfolio context
Portfolio context
KVIC has significantly impacted the venture capital landscape in South Korea, with a notable 60.4% of its invested companies successfully listing on the KOSDAQ stock exchange. The organization has also contributed to a 53.2% survival rate for startups seven years post-investment.
Common questions
What to know about Korea Venture Investment Corporation
Upseed classifies Korea Venture Investment Corporation under the Government VC organization type. Its current public profile includes funder and allocator capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
May 5, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.