Shinhan Future's Lab

Name

Shinhan Future's Lab

Legal name

신한벤처투자

Website

https://futureslab.kr

Company type

Private

Founded year

2015

Operating status

Operating

Ownership category

akta.pro rank

Product category

Startup Acceleration / Corporate Venture Program

SIC

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

akta.pro primary industry

Corporate Accelerators & Startup Programs (FSANAHAD)

akta.pro secondary industry

Accelerators & Incubators (Investor-Operated) (FSANAAAM)

Keywords

• Startup acceleration program
• Fintech accelerator
• Venture capital investment
• Corporate innovation partnerships
• Startup scale-up support

Headquarters

HQ city

Seoul

HQ country

South Korea

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Startup Investment and Equity: Shinhan Future's Lab invests in startups through HyperFuture Fund and direct investment, accumulating 1503억 KRW in total funding to portfolio companies. Investment is facilitated through Shinhan Venture Investment and the LBC Membership program which connects startups with 80+ VC partners for capital raising.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Shinhan Future's Lab operates a two-track startup acceleration program under Shinhan Financial Group: a Collaboration Track enabling joint development, PoC, and service adoption with Shinhan Bank, Shinhan Card, Shinhan Investment, Shinhan Life, Shinhan DS, and Shinhan AI; and a Cultivation Track providing investment linkage and scale-up support. The program, run as 11 cohorts since 2015, selects approximately 30 startups per batch and provides LBC Membership spanning investment facilitation, expert mentoring, and corporate partnership, supplemented by the Pino Innovation Challenge, InnoTalk platform, DEMO DAY events, and global outposts in Vietnam, Indonesia, and Silicon Valley.

Product overview

Shinhan Future's Lab is a comprehensive startup acceleration platform that operates as a multi-track, multi-cohort program. The core offering consists of the LBC (Lifetime Business Cooperation) Membership program with three tiers: Lead (investment facilitation with 90+ VC partners and 3,570 billion KRW in internal funds), Build (expert mentoring from 90+ members and corporate partnerships), and Connect (corporate networking and scale-up support). The program runs collaboration and cultivation tracks, annual innovation challenges (Pino베이션 챌린지), and global expansion programs covering Vietnam, Indonesia, and Silicon Valley. Demo day events serve as the primary showcase mechanism for portfolio companies. The platform has cultivated 521 startups across 11 generations since 2015, achieving 1,503 billion KRW in cumulative investment and 351 business cooperation cases.

Differentiator

Problem solved

Functional benefit

Products and services

• LBC Membership Scale-up Program Comprehensive startup acceleration program for Korean startups providing scale-up support through investment linkage, expert mentoring, and global market access. The membership operates three tiers: Lead (investment support with 80+ VC partners including SoftBank and Kakao Ventures), Build (expert mentoring from 90+ members), and Connect (corporate partnership and networking). Lifelong support extends beyond the cohort period.
• Collaboration Track (협업트랙) A program track focused on collaboration and co-development with Shinhan Financial Group subsidiaries including Shinhan Bank, Shinhan Card, Shinhan Investment Securities, Shinhan Life, Shinhan DS, and Shinhan AI. Establishes systematic collaboration processes targeting joint commercialization, PoC, and service adoption outcomes.
• Cultivation Track (육성트랙) Investment-focused track targeting startups seeking capital infusion and scale-up support. Provides growth support programs, connections to internal Shinhan Financial Group funds and external VC investors, and IR facilitation activities.
• Pino Innovation Challenge (피노베이션 챌린지) Annual innovation challenge program run in partnership with Shinhan Card and other Shinhan Group companies. Selects startups to solve specific business challenges, offering collaboration opportunities and investment linkage with participating Shinhan subsidiaries.
• Global Future's Lab Program Global acceleration program supporting Korean startups' international expansion to Silicon Valley, Vietnam, and Indonesia. Includes 6+ collaboration programs such as Seed the Future, Global Demoday, Runway to the World, and Global Touch-down Trip, with local business centers in target markets and 60+ local partners.
• DEMO DAY Annual demo day events showcasing cultivated startups to investors and potential partners, providing investment attraction opportunities and business networking for portfolio companies, VCs, and Shinhan Financial Group internal stakeholders.

Named customers2 records

Segments1 record

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Nine partnerships are on record, tiered core and supporting.

• Plug and PlaycoreStrategic or Co-development PartnerGlobal innovation platform partner supporting Silicon Valley operations and startup connections for market entry.
• Saigon Innovation HubcoreStrategic or Co-development PartnerVietnam-based innovation hub partner supporting local market entry and startup ecosystem development.
• AWSsupportingTechnology or IntegrationS-BUILD Member providing cloud infrastructure support and technical resources for portfolio companies.
• SamsungsupportingStrategic or Co-development PartnerConnect Member supporting IoT/ICT ecosystem collaboration with portfolio startups.
• Hyundai MotorsupportingStrategic or Co-development PartnerConnect Member supporting mobility ecosystem collaboration with portfolio startups.
• MicrosoftsupportingTechnology or IntegrationMid-tier enterprise partner providing technology solutions and collaboration opportunities for startups.
• GrabsupportingStrategic or Co-development PartnerSoutheast Asia mobility and delivery platform partner supporting cross-border opportunities.
• Korea Fintech Support CentercoreStrategic or Co-development Partner2025 partnership for 'Incubation Track (Global)' selecting 6 companies with market entry support through Shinhan Future's Lab global hubs.
• 신한금융지주, 신한은행, 신한카드, 신한투자증권, 신한라이프, 신한DS, 신한희망재단coreStrategic or Co-development PartnerShinhan Financial Group subsidiaries participating in startup scouting, selection, evaluation, and investment. Support portfolio companies through joint development, PoC, and service adoption.

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• SparkLabs: Korean-headquartered global accelerator and venture capital firm. Comparable as an independent accelerator offering multi-cohort programs with investment linkage and mentor networks, often partnering with large corporates for enterprise access.
• Hyundai Cradle: Corporate venture capital arm of Hyundai Motor Group investing in mobility, smart city, and AI startups. Comparable as a conglomerate CVC that combines direct investment with corporate pilot/commercialization opportunities for portfolio companies.
• D.CAMP: Leading Korean startup accelerator and early-stage investor backed by Dong-A Ilbo. Comparable as a Korean-based multi-cohort accelerator offering investment linkage, mentoring, and corporate partnership programs across fintech and broader tech verticals.
• Naver D2SF (D2 Startup Factory): Naver's corporate accelerator investing in and partnering with early-stage Korean and global startups. Comparable as a tech-conglomerate CVC with structured cohorts, investment capital, and corporate distribution advantages for portfolio companies.
• Samsung NEXT: Samsung's CVC and accelerator arm focused on AI, IoT, and frontier tech. Comparable as a Korean-conglomerate CVC with global presence offering investment plus access to Samsung's enterprise distribution channels.
• KB Innovation Hub: Corporate accelerator operated by KB Financial Group, Korea's other major financial conglomerate. Most directly comparable as a sibling CVC accelerator in the Korean financial sector targeting fintech and adjacent verticals with corporate-venture tie-ins.
• The Ventures: Korean VC and accelerator with structured cohort programs and partnership with Shinhan and other Korean financial institutions. Comparable as a Korean-based startup accelerator focused on fintech and enterprise SaaS with corporate partnership facilitation.

Regional players

• Korea Credit Guarantee Fund (KODIT) Startup Support Programs: Korean government-affiliated guarantee institution running startup incubation and accelerator programs. Comparable as a public-sector-backed Korean accelerator offering mentorship, credit guarantees, and investment linkage for early-stage Korean startups.

Emerging players

• Antler: Global early-stage accelerator with strong Korea presence. Comparable as a cohort-based accelerator program offering initial capital, mentorship, and follow-on syndication, though focused on founder origin rather than corporate-vertical deal flow.

Broad incumbents

• Y Combinator: Global benchmark for startup accelerators with massive portfolio and alumni network. Comparable in cohort-based acceleration model and investment-led program structure, though much larger in scale, geography, and brand recognition.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/ShinhanFuturesLab
• LinkedInlinkedin.com/company/shinhanfutureslabid

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments4 records

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

Frequently asked questions about Shinhan Future's Lab