What Hana Ventures does

Hana Ventures is a corporate venture capital firm and wholly-owned subsidiary of Hana Financial Group, established in October 2018 and headquartered in Seoul's Gangnam district. The firm operates 80 funds with assets under management of approximately KRW 10.468 trillion (roughly $7.5 billion at then-prevailing FX) as of December 2025, distributed across 254 portfolio companies. Its mandate spans Korean and international startups across fintech, biotech, gaming, software, hardware, mobility, AI, advanced batteries, robotics, and digital-asset infrastructure, with a 33-person team led by CEO Yang Jaehyeok (양재혁), of whom 17 are investment examiners covering distinct sector verticals.

The firm invests across the full lifecycle — seed and pre-IPO through Series B/C and later — both as lead and co-investor, with notable cross-border exposure to US-based companies (e.g., LinqAlpha, Featuring Corp, WIRobotics, SOLIVIS, UNASTELLA). Portfolio construction is structured through a multi-fund architecture, with co-managed vehicles alongside Korea Development Bank (KDB), Korea Venture Investment Corp, Korea Hydro & Nuclear Power (KHNP), Korea Growth Finance, and affiliated Hana Capital, blending parent balance-sheet capital with government productive-finance mandates. Its most significant capital event is the formation of the KRW 4 trillion K-Future Strategic Industry Venture Fund in November 2025, aligning the firm with Korea's national strategic-industry policy.

Hana Ventures generates revenue through conventional VC economics: management fees on committed capital (typically 1–2% annually), carried interest on realized exits (conventionally around 20% above hurdle), and direct capital gains on equity positions. As a wholly-owned CVC of Hana Financial Group, its commercial model is not purely return-driven — it also delivers strategic optionality to the parent (fintech pilots, customer access, technology signaling) and serves as an execution vehicle for state-aligned productive-finance programs, which influences fee economics and LP composition relative to a typical independent manager.

Name

Hana Ventures

Legal name

주식회사 하나벤처스

Website

https://hanaventures.co.kr

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

Hana Ventures is a corporate venture capital firm and wholly-owned subsidiary of Hana Financial Group, managing approximately $7.5 billion AUM across 80 funds and 254 portfolio companies, investing in Korean and international startups across fintech, biotech, gaming, software, mobility, AI, and digital assets.

Ownership category

akta.pro rank

Headquarters

HQ city

Seoul

HQ country

South Korea

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Venture Capital Returns: Hana Ventures generates returns through capital gains from portfolio company exits via IPOs on KOSDAQ/KOSPI or M&A transactions. As a LP/GP structure VC firm, they collect management fees (typically 1-2% of committed capital) and carry interest (20% of profits above hurdle rate) from their managed funds.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Hana Ventures (주식회사 하나벤처스) is the corporate venture capital arm of Hana Financial Group, providing equity investment, blind-pool fund management, and startup ecosystem support. It invests across six thematic areas — Internet/Mobile/Fintech, Biotech/Healthcare, Gaming/Contents, Software/Infrastructure, Hardware/Industrial, and Smart Mobility/Aerospace — and offers portfolio companies follow-on financing, IR/PR, talent, and M&A advisory. As of December 2025, it manages roughly 10,468 billion KRW across ~80 funds and 254 portfolio companies.

Product overview

Hana Ventures is a venture capital firm (주식회사 하나벤처스) that provides investment and financial solutions for startup growth. Established on October 4, 2018, as a wholly-owned subsidiary of Hana Financial Group, the company operates as a new technology business financial institution registered with the Financial Supervisory Service. The firm identifies and invests in high-growth potential unicorn companies domestically and internationally across six key sectors: Internet/Mobile/Fintech, Biotech/Healthcare, Gaming/Contents, Software/Infrastructure, Hardware/Industrial, and Smart Mobility/Aerospace. Hana Ventures manages multiple blind pool funds totaling approximately KRW 10,468 billion in assets under management (as of December 2025) and maintains a portfolio of over 254 domestic and international investments. The company does not offer commercial products or services to external customers but rather provides financial investment solutions and fund management services for startup ecosystems.

Differentiator

Problem solved

Functional benefit

Products and services

• Hana Digital Transformation Fund (하나디지털혁신펀드) Blind-pool VC fund investing in Korean digital/tech startups; LPs include the parent group and institutional investors.
• Hana Innovation Venture Fund (하나이노베이션벤처펀드) Blind-pool VC fund targeting innovation-stage Korean companies across the firm's six thematic pillars.
• KHNP Digital Innovation Growth Fund (한수원 디지털혁신성장펀드) Blind-pool VC fund co-formed with public-sector LP Korea Hydro & Nuclear Power (KHNP) to invest in digital-innovation Korean startups.
• K-Venture Fund (K-벤처펀드, team-fund) Team-managed (team-fund) venture fund of ~500 hundred million KRW focused on Korean venture investments.
• Non-Contact Fund (비대면 펀드) VC fund targeting Korean non-contact-economy startups.
• Hana K-New Deal Unicorn Fund (하나 K-뉴딜 유니콘 펀드) VC fund aligned with Korea's K-New Deal policy, targeting Korean startups with unicorn potential.
• Hana Beyond Finance Fund (하나비욘드파이낸스펀드) VC fund investing in fintech and beyond-finance Korean startups.
• Hana Inter-Industry Contact Fund (하나 상생 펀드) VC fund structured to foster inter-industry collaboration across Korean startups and incumbents.
• Hana Tech Value-Up Fund 2 (하나 테크밸류업 펀드 2호) Second vintage of the Tech Value-Up franchise, focused on tech value-up opportunities for Korean startups.
• Hana All-Growth K-Future Strategic Industry Venture Fund (하나 올그로스 K-미래전략산업 벤처펀드) Flagship-scale blind-pool VC fund of ~4 trillion KRW targeting Korean strategic-industry startups.
• Portfolio Strategic Support (value-add services) Companion value-add service bundle for portfolio companies, including follow-on financing, IR/PR, talent, second-stage financing, and M&A advisory.

Named customers8 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators8 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Korea Investment Partners: One of Korea's largest and most established VC firms, managing multiple government-backed and corporate funds. Directly comparable to Hana Ventures in terms of fund management scale, Korean-domestic focus, and mandate-driven AUM growth.
• Mirae Asset Venture Investment: Major Korean VC firm and co-investor with Hana Ventures in multiple rounds (e.g., Featuring Corp.). Comparable in sector breadth, check size, and corporate-affiliated ecosystem backing through Mirae Asset Group.
• Samsung Venture Investment: Corporate venture capital arm of Samsung Group, with overlapping focus areas (ICT, biotech, hardware). Comparable as a Korean CVC with similar fund structure, sector mandates, and significant LP capital from a financial-affiliated conglomerate.
• KB Investment: VC arm of KB Financial Group, directly comparable as a Korean financial-conglomerate CVC. Competes with Hana Ventures for domestic financial-sector mandates and similar fintech/enterprise software deals.
• NH Investment & Securities (NH Venture Investment): Venture investment arm of NH Financial Group, co-investor with Hana Ventures in WIRobotics and LinqAlpha rounds. Directly comparable in financial-affiliated CVC structure, Korean-domestic focus, and check-size capacity.
• Kakao Ventures: CVC of Kakao Group focused on Korean internet, mobile, fintech, and content startups. Comparable in CVC structure, sector focus areas (fintech, content), and ability to provide ecosystem distribution to portfolio companies.
• NAVER D2SF: Corporate venture arm of NAVER focused on early-stage Korean tech. Comparable as a Korean CVC with strong sector overlap (Internet, mobile, software), ecosystem distribution advantages, and Series A/B check sizes.
• Altos Ventures: Korea-anchored VC that led UNASTELLA's Series B alongside Hana Ventures. Comparable in fund structure, deep-tech orientation, and Korean-domestic check deployment, including co-investment relationships with Hana Ventures.
• JB Investment: Korean VC that led WIRobotics Series B alongside Hana Ventures. Comparable in Series B lead-investor capacity, deep-tech (robotics, mobility) focus, and co-investment syndicate participation with Hana Ventures.
• Woori Venture Partners: Korean VC affiliated with Woori Financial Group, comparable as a financial-conglomerate CVC competing for similar mandates and Korean-domestic deals. Multiple Hana Ventures team members have prior experience at Woori Venture Partners.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/hanaventures
• LinkedInlinkedin.com/company/hanaventures

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments255 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hana Ventures