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Korea Development Bank

Korea Development Bank

A government office and venture capital firm in Seoul that focuses on providing long-term financing for projects designed to assist Korea’s economic growth and development.

Korea Development Bank is a government office and venture capital firm in Seoul that focuses on providing long-term financing for projects designed to assist Korea’s economic growth and development. It is a state-owned bank in South Korea that funds major industrial projects. Founded 1954 in Seoul, South Korea, it invests in series C, series B, series A, and venture rounds. Its portfolio companies include 3billion, Althea, B2Link, Buzzvil, Classting, Megazone Cloud, Seculetter, VITCON and Wantedlab. As of March 2020, Korea Development Bank has made 17 investments. Their most recent investment was on January 23, 2020, when Buzzvil raised $17M.

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