ID Ventures is a South Korean venture capital firm based in Seoul. ID Ventures, founded in 2012, is a subsidary of Korean intellectual property investment firm Intellectual Discovery (ID). The firm invests primarily in technology companies based on the valuation of their intellectual properties, or patents. ID Ventures targets technology industry sectors including network and communication technologies, biopharmaceuticals, educational technology, semiconductors, and smart vehicles. In 2017, the fund was valued at over $500 million.