Lotte Ventures

What Lotte Ventures does

Lotte Ventures is the corporate venture capital and startup accelerator arm of Lotte Group, a major South Korean conglomerate. Founded in February 2016 as Lotte Accelerator with 15 billion KRW in registered capital (5 billion KRW personally contributed by Chairman Shin Dong-bin and 10 billion KRW from four Lotte affiliates including Lotte Shopping), the firm was rebranded to Lotte Ventures in 2019 to reflect its expanded scope beyond acceleration into broader venture capital operations. It is headquartered in Gangnam-gu, Seoul.

The firm's core platform consists of the L-CAMP accelerator program — now in its 14th cohort as of 2026 — together with four specialized international and vertical programs: L-CAMP Japan (market entry into Japan via Lotte Ventures Japan), L-CAMP Silicon Valley (US market entry in partnership with The Milk), L-CAMP Busan (regional program with Busan Creative Economy Innovation Center), and L-CAMP Vietnam 2026 (Southeast Asia open innovation with Impact Square, offering up to $80,000 in proof-of-concept grants). It also operates 미래식:단 (Future Food), a food-tech open innovation program with Korea Agricultural Technology Promotion Agency and Lotte Group food affiliates (Lotte Wellfood, Lotte Chilsung Beverage, Lotte Central Research Institute). Underlying all programs is direct venture capital fund deployment, with each L-CAMP cohort providing up to 300 million KRW per selected startup alongside mentorship, office space, and access to Lotte Group's corporate infrastructure.

Lotte Ventures generates revenue primarily through fund management — collecting management fees and carried interest on committed capital across multiple VC vehicles — and through programmatic sponsorship tied to Lotte Group affiliate open-innovation budgets. Since 2016, the firm has supported more than 200 startups and continues to invest actively in AI, robotics, AR optics, and consumer-tech themes (RLWRLD, LetinAR, FutureConnect, SpaceVision AI). Its primary customer segments are early-to-growth-stage Korean startups and, increasingly, startups in Japan, Vietnam, and the United States seeking access to Lotte Group's retail, hospitality, food & beverage, and logistics ecosystem.

Name

Lotte Ventures

Legal name

LOTTE VENTURES Corp.

Website

http://lotteventures.com/main

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Lotte Ventures is the corporate venture capital and startup accelerator arm of South Korean conglomerate Lotte Group, operating the L-CAMP accelerator, regional market-entry programs in Japan, Silicon Valley, and Vietnam, and the Future Food open-innovation initiative, serving early- and growth-stage startups with capital and Lotte affiliate access.

Ownership category

akta.pro rank

Product category

Venture Capital and Startup Acceleration

NAICS

Portfolio Management and Investment Advice (52394), Other Financial Vehicles (52599), Management Consulting Services (54161)

SIC

Investment Advice (6282), Services-Management Consulting Services (8742)

akta.pro primary industry

Venture Studios / Company Builders (FSANAAAH)

akta.pro secondary industries

Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD), Venture Capital Fundraising Placement (FSAEALAC)

Keywords

• Venture capital investments
• Startup acceleration
• Corporate venture capital
• Open innovation programs
• Fund management

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

Revenue model

1. Fund Management: Lotte Ventures manages multiple venture capital funds and earns returns through carried interest and management fees from their investment activities.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Lotte Ventures operates as the corporate venture capital and startup accelerator arm of Lotte Group. It provides L-CAMP acceleration programs with investment, mentoring, office space, and business collaboration support, and makes direct venture capital fund investments in growth-stage startups across Korea and select international markets.

Product overview

Lotte Ventures operates as a venture capital and startup accelerator providing a platform of interconnected programs and funds. The core offering consists of L-CAMP (accelerator program), L-CAMP Japan (Japan market entry), L-CAMP Silicon Valley (US market entry), and 미래식:단 (Future Food open innovation with Lotte Group food affiliates). The company provides initial-stage startups with acceleration programs through L-CAMP and supports grown startups with fund investments. Lotte Ventures also functions as an Open Innovation Hub, leveraging Lotte Group's infrastructure and investment/promotion network to support the startup ecosystem.

Differentiator

Problem solved

Functional benefit

Products and services

• L-CAMP Flagship startup accelerator program providing investment, mentoring, office space, and business collaboration opportunities with Lotte Group affiliates. Each startup is assigned a dedicated manager for business growth support.
• L-CAMP Japan International acceleration program helping Korean startups enter the Japanese market, operated in collaboration with Lotte Ventures Japan and Busan Creative Economy Innovation Center, with investment priority consideration for subsequent funding rounds.
• L-CAMP Silicon Valley US market entry program for Korean startups, conducted with The Milk media startup to provide networking with local VCs, insights lectures, and mentoring from local representatives.
• 미래식:단 (Future Food) Food-tech open innovation program operated with Korea Agricultural Technology Promotion Agency and Lotte Group food affiliates (Lotte Wellfood, Lotte Chilsung Beverage, Lotte Central Research Institute) for technology/business collaboration POC and investment.
• Lotte Ventures Venture Capital Funds Venture capital funds operated by Lotte Ventures that invest in startups, with multiple fund programs supporting different stages and sectors, including investments up to 300 million KRW per selected startup.
• L-CAMP Vietnam 2026 Open innovation program in Vietnam launched in partnership with Impact Square to connect Vietnamese startups with Lotte's affiliate ecosystem, offering up to $80,000 in POC grants across retail, AI, robotics, hospitality, F&B, PropTech, and logistics sectors.

Quantifiable outcome

• 200+ startups supported since 2016
• +2 more outcomes

Named customers4 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and minor.

• Impact SquarecoreStrategic or Co-development Partner · 10 June 2026Lotte Ventures Vietnam collaborated with South Korea-based Impact Square to launch L-CAMP Vietnam 2026, an open innovation program offering up to $80,000 in proof-of-concept grant funding to connect Vietnamese startups with LOTTE's affiliate network in Vietnam. The program targets early-stage startups in retail, AI, robotics, hospitality, F&B, PropTech, and logistics.
• Busan Creative Economy Innovation CentercoreStrategic or Co-development PartnerLotte Ventures collaborates with Busan Creative Economy Innovation Center (ccei.kr) on L-CAMP BUSAN accelerator program, jointly operating startup acceleration programs for regional startup ecosystem development in Busan, South Korea.
• Korea Agricultural Technology Promotion AgencycoreStrategic or Co-development PartnerLotte Ventures partners with Korea Agricultural Technology Promotion Agency (한국농업기술진흥원) on the 'MiraeSik:Dan' (미래식:단) food tech open innovation program, collaborating with Lotte Group food affiliates including Lotte Wellfood, Lotte Chilsung Beverage, and Lotte Central Research Institute.
• Korea Credit DataminorStrategic or Co-development PartnerLotte Ventures signed an MOU with Korea Credit Data to operate a 'Data Startup Incubation and Partner Program' supporting initial market validation for startups, leveraging Korea Credit Data's business customer network and data infrastructure.
• Lotte Ventures JapancoreChannel Partner/ Reseller/ DistributorLotte Ventures Japan operates L-CAMP JAPAN programs to help Korean startups expand into the Japanese market, providing local network formation and support for market entry. Investment priority consideration is given for subsequent funding rounds.

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Samsung Ventures: Corporate venture capital arm of Samsung Group, investing in early to growth-stage startups across AI, semiconductors, software, and digital health. Directly comparable to Lotte Ventures as a Korean conglomerate CVC combining direct investments with strategic ecosystem access for portfolio companies.
• Naver D2SF (D2 Startup Factory): Naver's startup accelerator and CVC program supporting AI, content, and commerce startups in Korea and globally. Directly comparable as a Korean platform-conglomerate accelerator offering structured cohorts, POC pathways, and follow-on capital, similar to Lotte Ventures' L-CAMP model.
• HEADLINE Asia: Global venture firm with strong Asia operations (Tokyo, Seoul, Singapore) investing across consumer, AI, and frontier tech. Comparable as a co-lead in RLWRLD's Seed 2 alongside Z Venture Capital with Lotte Ventures participating, indicating overlapping deal flow in Korean deep-tech.
• Z Venture Capital: Venture capital arm of Z Holdings (Yahoo Japan / LINE), investing in Korean and Japanese startups. Directly comparable as a cross-border Asian CVC active in seed/early-stage rounds and a co-lead in RLWRLD's $26M round with Lotte Ventures participation.
• CJ Investment / CJ Ventures: Investment arm of CJ Group (logistics, F&B, entertainment) operating as a strategic CVC. Comparable given CJ Logistics co-invested with Lotte Ventures in RLWRLD, indicating both firms operate overlapping thesis-driven capital in Korean AI/robotics.
• Hyundai Cradle: Corporate venture arm of Hyundai Motor Group investing in mobility, AI, robotics, and smart cities. Comparable as a Korean conglomerate CVC with accelerator-style programs and deep ecosystem access for portfolio startups.
• Kakao Ventures: Early-stage venture arm of Kakao, investing in Korean and global startups across AI, content, fintech, and commerce. Comparable as a Korean strategic CVC participating in seed to Series A rounds alongside other corporates, and a co-investor with Lotte Ventures in RLWRLD.
• LG Technology Ventures: CVC of LG Group focused on AI, advanced materials, mobility, and bio. Direct peer to Lotte Ventures as another Korean conglomerate-affiliated CVC with a portfolio that overlaps on AR/AI investments (LG Electronics is already a co-investor in LetinAR with Lotte Ventures).
• Hanwha Ventures: CVC of Hanwha Group investing in AI, energy, defense, and sustainability startups. Directly comparable Korean conglomerate CVC, and a co-investor alongside Lotte Ventures in RLWRLD's $26M Seed 2 round.

Broad incumbents

• POSCO Capital: CVC and investment arm of POSCO Holdings focused on materials, energy, and industrial AI. Broader incumbent Korean CVC with similar conglomerate-backed model, though more concentrated in industrial/materials than Lotte Ventures' consumer-tech tilt.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/lotteventures
• LinkedInlinkedin.com/company/lotteventures

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

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

M&A

Investments241 records

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

Frequently asked questions about Lotte Ventures