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Startup Korea Fund Seeks 500 Billion Won

sungho-choo - 2024 January 12

The Ministry of SMEs and Startups is set to initiate talks with private investors for a collaborative effort in financing the Startup Korea Fund. The government envisions establishing a 2 trillion won fund over the next four years, with an initial investment of 150 billion won planned for the current year, aiming to raise over 500 billion won.

This fund will be strategically segmented into three key areas: the super gap, focusing on investments in deep tech companies across ten fields; the secondary sector, dedicated to investments in existing businesses, mergers, and acquisitions; and the K-global segment, which will target investments in overseas startups and foreign companies founded by Koreans.


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