Industrial Bank of Korea

Venture Capital

South Korean state-owned bank founded in 1961 supporting SMEs, with a venture capital arm (IBK Venture Investment) committed to investing KRW 500B (~$370M) in Korean startups.

Seoul, South Korea · 19+ investments · 19 portfolio companies

Seed
Early Stage
Growth
Headquarters
Seoul, South Korea
Founded
1961
Portfolio Companies
19
Total Investments
19
Last Investment
Jul 2026
Geographic Focus
South Korea

Investment Thesis

IBK supports South Korean SMEs and startups through banking services and venture capital via IBK Venture Investment, fostering entrepreneurship by providing specialized financial services to underserved businesses.

Industrial Bank of Korea is a Venture Capital firm based in Seoul, South Korea. It has made 19 investments, including NEX-I, ImagoWorks and Haegin.

Portfolio19

Co-investors24

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24 co-investors across 62 shared portfolio companies — who they back alongside, and how often they lead.

Venture Capital ×19 · Private Equity ×2 · Corporate VC ×2 · 44 shared rounds

Investment History

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