Hanwha's venture capital strategy focuses on investing in deeptech and frontier technologies, particularly in areas strategically aligned with the broader Hanwha Group's businesses such as aerospace, defense, energy transition, circular economy, and AI. They target both early-stage and Series C rounds globally, seeking to drive transformational change and diversify their portfolio.
50% of their portfolio is in AI. Deal activity decreased year-over-year (1 deals in the last 12 months vs 4 prior). Average disclosed round size is $261.9M (across 12 rounds with reported amounts).
Portfolio
12
Fund Size
$4.8B
Top Stage
Series A
Last 12 Mo
1
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
12 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Forterra | Series C | $238M | May 2025 |
| RRescale | Series D | $115M | Apr 2025 |
 Honey Health | Series A | $33M | Jan 2025 |
 Mistral AI | Series B | $640M | Jun 2024 |
| MMistral | Series B | $600M | Jun 2024 |
| CCarrot General Insurance | Growth | $250M | Sep 2022 |
| CCogni | Unknown | $23M | Apr 2022 |
 iSTOX | Series A | $50M | Jan 2021 |
| GGrab Financial Group | Series A | $300M | Jan 2021 |
 Element AI | Series C | $151.3M | Sep 2019 |
| Element AI | Series A | $102M | Jun 2017 |
| Mistral AI | Growth | $640M | — |
Top Co-Investors
Nvidia5 shared
Salesforce4 shared
General Catalyst3 shared
Lightspeed Venture Partners3 shared
Andreessen Horowitz3 shared
Headline3 shared
BNP Paribas3 shared
Bpifrance3 shared
Cisco Investments3 shared
IBM Ventures3 shared
Korelya Capital3 shared
ServiceNow3 shared
SV Angel2 shared
Belfius2 shared
Bertelsmann Group2 shared
Eurazeo2 shared
Latitude2 shared
Sanabil Investments2 shared
Real Ventures2 shared
Last updated: 16 April 2026