Magna Investment

Magna Investment is a South Korean venture capital firm investing in early-stage startups and SMEs in South Korea. Founded in May 2010, the company operates as a venture capital, accelerator, and private equity management company. The company claims to have a management fund of KRW 2288 billion (approx. $1 billion). The firm is also a part of the investment-driven accelerator program in Korea named TIPS (Tech Incubator Program for Startup). Its portfolio companies include Sapphire Technology, Elvis Semicon, Tessna, Altiogen, Suzentec, and Methimedi Pharmaceutical.