Developer docs
API playgroundTry for free, no card

Search company profiles

IBK Capital

Full company profile

uuid0009fl9

Namestring
IBK Capital
Websiteurl
ibkc.co.kr
Company typeenum
Private
Founded yearint
1986
Descriptiontext

IBK Capital is the venture capital arm of Industrial Bank of Korea (IBK), one of South Korea's principal policy banks serving SMEs. Founded in 1986 and headquartered in Seoul, the firm operates as a privately held subsidiary deploying growth-stage and pre-IPO capital into Korean startups across fintech, AI, mobility, digital assets, healthcare, and supply-chain verticals. Its portfolio spans mobility platforms (AutoHands), digital-asset and stablecoin infrastructure (Open Asset), AIoT supply-chain software (Willog), dental prosthetics and medical devices (Innobycle/Dentlink), and dual-use defense AI (Persona AI).

The firm runs a specialized Defense Innovation Fund as a dedicated policy-aligned vehicle and has broadened its sector mandate beyond traditional SME banking adjacencies into frontier categories including stablecoins and defense technology. In June 2026, IBK Capital raised $150M in its first foreign-currency syndication loan, which was oversubscribed at $350M, materially expanding cross-border deployment capacity.

Revenue mechanics are typical of a corporate venture arm: management fees on internally and externally committed capital, plus carried interest on realizations; the entity's economics consolidate into parent IBK and are not separately disclosed. Distribution leverage flows from IBK's national banking network, allowing portfolio companies access to corporate banking relationships, SME customer bases, and policy-bank co-investment channels that independent Korean VCs cannot easily replicate.

Short descriptiontext

IBK Capital is the Seoul-based venture arm of Industrial Bank of Korea, deploying growth and pre-IPO capital into Korean startups across fintech, AI, mobility, digital assets, healthcare, and defense technology, including a dedicated Defense Innovation Fund.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersSeoul, South Korea
HQ citystring
Seoul
HQ countrystring
South Korea
HQ regionstring
Asia
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
venture capital investing, startup equity funding, growth capital investment, private equity financing, defense innovation fund
Industry2 codes
1Corporate Strategic Real Assets & Infrastructure Venture Investing
CodeFSANAHANPrimaryYes
2Bank-affiliated Venture Debt Lenders
CodeFSANAIAAPrimaryNo
NAICS code1 code
  • Portfolio Management and Investment Advice52394
SIC code1 code
  • Investment Advice6282
Product category
Venture Capital
Social media profiles1 record
Cost components2 values
Personnel, Operations
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

IBK Capital is the venture capital arm of Industrial Bank of Korea, providing equity investment, growth financing, and capital market services to portfolio companies. The firm participates in funding rounds across sectors including fintech, AI, mobility, digital assets, and defense technology.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

IBK Capital is a venture capital and investment subsidiary of IBK Industrial Bank (IBK 산업은행), a Korean commercial bank. The company provides equity investment, venture capital funding, and investment management services to startups and growth-stage companies across various sectors including technology, healthcare, and financial services. As an investment firm, IBK Capital does not offer a product portfolio in the traditional SaaS/technology sense; its primary offering is capital deployment and investment services for portfolio companies.

Scale indicator1 record

Each record includes

Type, Value, Description, Source

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
1Naver D2SF
TypeDirect peer
Description

Corporate venture arm of Naver, investing in AI, commerce, and digital services startups. Comparable Korean CVC competing in overlapping technology verticals.

2Korea Investment Partners
TypeDirect peer
Description

One of Korea's largest and oldest VC firms, with broad sector coverage. Comparable in fund size, tenure (founded 1986 like IBK Capital), and Korean mid-market focus.

3Mirae Asset Capital
TypeDirect peer
Description

Venture and growth capital arm of Mirae Asset Financial Group. Direct peer in Korean CVC space, having co-invested with IBK Capital in AutoHands' pre-IPO round.

4SBI Investment Korea
TypeDirect peer
Description

Korean arm of SBI Holdings' venture operations. Comparable as a financial-services-affiliated VC investing across Korean and Asian tech startups.

5Hana Ventures
TypeDirect peer
Description

The CVC arm of Hana Financial Group, actively investing in Korean fintech, digital assets, and tech startups. Direct peer that has co-invested alongside IBK Capital in deals such as Open Asset.

6NH Investment & Securities
TypeDirect peer
Description

Securities-affiliated Korean investment firm active in pre-IPO and growth equity. Comparable in providing pre-IPO bridge capital to Korean startups.

7LIG Nex1
TypeRegional player
Description

Korean defense contractor that has co-invested with IBK Capital's Defense Innovation Fund in Persona AI. Adjacent defense-tech investor operating in the same Korean ecosystem.

8Kakao Ventures
TypeDirect peer
Description

CVC arm of Kakao, focused on Korean early-stage tech and digital services. Comparable as a strategic Korean CVC, though with stronger consumer internet orientation.

9Korea Development Bank (KDB)
TypeBroad incumbent
Description

State-owned policy bank with extensive venture and growth capital operations. Comparable as a major Korean state-affiliated capital provider, though operating at a much larger scale than IBK Capital.

10KB Investment
TypeDirect peer
Description

The venture capital arm of KB Financial Group, one of Korea's largest financial holding companies. Direct peer as a bank-affiliated Korean CVC investing across similar growth-stage Korean startups.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

No data
Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

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

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment119 records

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

IBK Capital

Venture Capitalibkc.co.kr

IBK Capital is the Seoul-based venture arm of Industrial Bank of Korea, deploying growth and pre-IPO capital into Korean startups across fintech, AI, mobility, digital assets, healthcare, and defense technology, including a dedicated Defense Innovation Fund.

What IBK Capital does

IBK Capital is the venture capital arm of Industrial Bank of Korea (IBK), one of South Korea's principal policy banks serving SMEs. Founded in 1986 and headquartered in Seoul, the firm operates as a privately held subsidiary deploying growth-stage and pre-IPO capital into Korean startups across fintech, AI, mobility, digital assets, healthcare, and supply-chain verticals. Its portfolio spans mobility platforms (AutoHands), digital-asset and stablecoin infrastructure (Open Asset), AIoT supply-chain software (Willog), dental prosthetics and medical devices (Innobycle/Dentlink), and dual-use defense AI (Persona AI).

The firm runs a specialized Defense Innovation Fund as a dedicated policy-aligned vehicle and has broadened its sector mandate beyond traditional SME banking adjacencies into frontier categories including stablecoins and defense technology. In June 2026, IBK Capital raised $150M in its first foreign-currency syndication loan, which was oversubscribed at $350M, materially expanding cross-border deployment capacity.

Revenue mechanics are typical of a corporate venture arm: management fees on internally and externally committed capital, plus carried interest on realizations; the entity's economics consolidate into parent IBK and are not separately disclosed. Distribution leverage flows from IBK's national banking network, allowing portfolio companies access to corporate banking relationships, SME customer bases, and policy-bank co-investment channels that independent Korean VCs cannot easily replicate.

IBK Capital firmographics

Firmographics
Name
IBK Capital
Website
https://ibkc.co.kr
Company type
Private
Founded year
1986
Operating status
Operating
Headcount range
11–50 employees
Short description
IBK Capital is the Seoul-based venture arm of Industrial Bank of Korea, deploying growth and pre-IPO capital into Korean startups across fintech, AI, mobility, digital assets, healthcare, and defense technology, including a dedicated Defense Innovation Fund.
Ownership category
akta.pro rank

IBK Capital industry classification

Industry
Product category
Venture Capital
NAICS
Portfolio Management and Investment Advice (52394)
SIC
Investment Advice (6282)
akta.pro primary industry
Corporate Strategic Real Assets & Infrastructure Venture Investing (FSANAHAN)
akta.pro secondary industry
Bank-affiliated Venture Debt Lenders (FSANAIAA)

Keywords

  • Venture capital investing
  • Startup equity funding
  • Growth capital investment
  • Private equity financing
  • Defense innovation fund

Where IBK Capital is headquartered

Location

Headquarters

HQ city
Seoul
HQ country
South Korea
HQ region
Asia

Offices1 record

Markets served

IBK Capital business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations

IBK Capital product offering

Product offering

Core offering

IBK Capital is the venture capital arm of Industrial Bank of Korea, providing equity investment, growth financing, and capital market services to portfolio companies. The firm participates in funding rounds across sectors including fintech, AI, mobility, digital assets, and defense technology.

Product overview

IBK Capital is a venture capital and investment subsidiary of IBK Industrial Bank (IBK 산업은행), a Korean commercial bank. The company provides equity investment, venture capital funding, and investment management services to startups and growth-stage companies across various sectors including technology, healthcare, and financial services. As an investment firm, IBK Capital does not offer a product portfolio in the traditional SaaS/technology sense; its primary offering is capital deployment and investment services for portfolio companies.

Differentiator

Problem solved

Functional benefit

IBK Capital technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

IBK Capital partnerships and signals

Strategic signal

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

IBK Capital competitors and assessment

Company assessment

Direct peers

  • Naver D2SF: Corporate venture arm of Naver, investing in AI, commerce, and digital services startups. Comparable Korean CVC competing in overlapping technology verticals.
  • Korea Investment Partners: One of Korea's largest and oldest VC firms, with broad sector coverage. Comparable in fund size, tenure (founded 1986 like IBK Capital), and Korean mid-market focus.
  • Mirae Asset Capital: Venture and growth capital arm of Mirae Asset Financial Group. Direct peer in Korean CVC space, having co-invested with IBK Capital in AutoHands' pre-IPO round.
  • SBI Investment Korea: Korean arm of SBI Holdings' venture operations. Comparable as a financial-services-affiliated VC investing across Korean and Asian tech startups.
  • Hana Ventures: The CVC arm of Hana Financial Group, actively investing in Korean fintech, digital assets, and tech startups. Direct peer that has co-invested alongside IBK Capital in deals such as Open Asset.
  • NH Investment & Securities: Securities-affiliated Korean investment firm active in pre-IPO and growth equity. Comparable in providing pre-IPO bridge capital to Korean startups.
  • Kakao Ventures: CVC arm of Kakao, focused on Korean early-stage tech and digital services. Comparable as a strategic Korean CVC, though with stronger consumer internet orientation.
  • KB Investment: The venture capital arm of KB Financial Group, one of Korea's largest financial holding companies. Direct peer as a bank-affiliated Korean CVC investing across similar growth-stage Korean startups.

Regional players

  • LIG Nex1: Korean defense contractor that has co-invested with IBK Capital's Defense Innovation Fund in Persona AI. Adjacent defense-tech investor operating in the same Korean ecosystem.

Broad incumbents

  • Korea Development Bank (KDB): State-owned policy bank with extensive venture and growth capital operations. Comparable as a major Korean state-affiliated capital provider, though operating at a much larger scale than IBK Capital.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

IBK Capital social profiles

Digital presence

IBK Capital financial estimates

Financial estimate

Revenue estimate

Valuation estimate

IBK Capital leadership team

Management profile

Number of profiles

IBK Capital funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors

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

IBK Capital M&A and investment

M&A and investment

M&A

Investments119 records

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

Frequently asked questions about IBK Capital

What does IBK Capital do?

IBK Capital is the venture capital arm of Industrial Bank of Korea, providing equity investment, growth financing, and capital market services to portfolio companies. The firm participates in funding rounds across sectors including fintech, AI, mobility, digital assets, and defense technology.

Is IBK Capital a public or private company?

IBK Capital is a private company. It is classified as corporate owned and is currently operating.

When was IBK Capital founded?

IBK Capital was founded in 1986. It employs 11 to 50 people.

Where is IBK Capital based?

IBK Capital is headquartered in Seoul, South Korea, in the Asia region.

Who are IBK Capital's main competitors?

Direct peers on record are Naver D2SF, Korea Investment Partners, Mirae Asset Capital, SBI Investment Korea, Hana Ventures, NH Investment & Securities, Kakao Ventures and KB Investment. LIG Nex1 is listed as a regional player. Korea Development Bank (KDB) is listed as a broad incumbent.

Does IBK Capital have an API?

No public API is recorded for IBK Capital.

What industry is IBK Capital in?

IBK Capital's product category is Venture Capital. Its primary akta.pro industry code is FSANAHAN, Corporate Strategic Real Assets & Infrastructure Venture Investing, with a secondary code of FSANAIAA, Bank-affiliated Venture Debt Lenders. Its NAICS code is 52394 and its SIC code is 6282.

Unlock the full company data

50 free credits on sign-up, no credit card required.

Contact sales
Live signals
NateIBK창공·한국전력공사, 'Fly High 에너지 IR' 개최…에너지 스타트업 스케일업 지원 : 네이트 뉴스IBK기업은행's IBK창공 and Korea Power held an energy startup IR event on February 2 in Seoul, following their MOU. Ten startups pitched to 11 investors and four large firms, with follow-up meetings planned. The event aims to support startup growth and industry ecosystem.VenturesquareKODA expands custody insurance to 60 billion won... establishing the largest digital asset protection system in the country.KODA signed a digital asset custody insurance contract with KB Insurance worth up to $40 million, doubling its coverage limit from $20 million. The coverage exceeds the statutory minimum by over 100 times, and KODA plans to continue expanding limits as institutional demand grows.Nate[VC's Pick]우주, 로봇, 소재…첨단산업 스타트업에 돈 몰렸다 : 네이트 뉴스Three South Korean startups in advanced industries attracted venture capital investments during the week of July 27-31, 2026. Space electronic parts company MID secured the largest deal at 15.7 billion won in Series A funding from investors including Korea Development Bank, POSCO Technology Investment, and IBK Capital, with cumulative investments reaching 17.7 billion won. The startups—spanning space parts, eco-friendly marine bio-materials, and AI robotics—are using the funding to expand manufacturing capabilities and develop new technologies, with MID planning to establish a 2,000-pyeong aerospace package production line in Daejeon.VenturesquareM-ID, secures 15.7 billion won in Series A investment... Establishing a production base for space semiconductor packaging.MID, a South Korean space component firm, raised 15.7 billion won in Series A funding, bringing total investment to 17.7 billion won. It will build a 2,000-pyeong aerospace packaging line in Daejeon by November and expand into civilian and defense markets. The company also plans a ceramic component production base for semiconductor test equipment by 2029.PlatumM-ID raises 15.7 billion won in Series A investment... building a space parts manufacturing line in DaejeonMID raised 15.7 billion won in a Series A investment, bringing total funding to 17.7 billion won. The company plans to build a 2,000-pyeong manufacturing line in Daejeon by November and aims to establish a ceramic parts production base by 2029. Sales rose from 1.9 billion won in 2021 to 12.4 billion won last year.뉴스톱IBK기업은행, '2026 IBK 동행펀드' GP 6곳 선정 < Venture Capital < 더비스타 < 기사본문 - 뉴스톱IBK기업은행 announced the selection of six general partners for its '2026 IBK 동행펀드', investing 1200 billion won. The fund will create three sub-funds totaling 2334 billion won across impact, biotech, and K-culture sectors, with GPs required to invest at least 60% in target SMEs.뉴스톱IBK Capital, the reason for choosing its first foreign currency syndication loan - News TopIBK Capital raised $150 million (approximately 227.1 billion won) in foreign currency syndication loans on the 12th, its first such loan since establishment, with HSBC as lead manager and participation from major Asian financial institutions. The syndication was oversubscribed at $350 million, more than double the target, with an interest rate approximately 49 basis points lower than equivalent domestic currency bonds, reflecting investor confidence in the company's creditworthiness as an IBK Industrial Bank subsidiary. IBK Capital indicated plans to further diversify its funding structure away from the domestic bond market, suggesting this may signal a broader shift in the capital industry toward overseas financing.DaumIBK Capital, foreign currency borrowing of 150 million dollars... the first large-scale procurement since its establishment [Capital Company Spotlight]IBK Capital raised $150 million in foreign currency syndication loans, its first large-scale fundraising since 1986. The borrowing, issued at 49 basis points below domestic bonds, was backed by a $350 million commitment from Hong Kong, Singapore, and Taiwan investors. The company plans to consider future foreign currency fundraising.스타트업엔(StartupN)Eventric secures 34.5 billion won in pre-IPO investment... preparing for KOSDAQ listing in earnestEventric completed a pre-IPO investment round of 34.5 billion won, with new and existing institutional investors participating. The funds will support R&D, manufacturing expansion, and global growth, and the company has selected Kiwoom Securities as lead underwriter for its KOSDAQ listing. It also secured regulatory approvals for two cerebral infarction devices.