
Industrial Bank of Korea (IBK) is a South Korean state-owned bank established in 1961 to promote small and medium-sized enterprises. Through its venture capital arm IBK Venture Investment and various financial programs, IBK invests in innovative startups across strategic technology sectors including AI, semiconductors, biotech, and future mobility.
Deal activity decreased year-over-year (1 deals in the last 12 months vs 2 prior). Average disclosed round size is $22.1M (across 18 rounds with reported amounts).
Portfolio
28
Fund Size
—
Top Stage
Series A
Last 12 Mo
1
Team
Lee Ho-hyung
Outside Director
Lee Jung-soo
Outside Director
Seok Byoung-hoon
Outside Director
Son Jong-chil
Outside Director
Yoo Il-kwang
Executive Director
Baek Chang-yeol
Vice President (executive)
Baek Sang-hyun
Vice President (executive)
Chung Kwang-seok
Vice President (executive)
Jung Eun-ji
Vice President (executive)
Jung Sung-jin
Vice President (executive)
Kim Gyu-sup
Vice President (executive)
Kim Sang-hee
Vice President (executive)
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
Portfolio
| Company | Round | Amount | Date |
|---|---|---|---|
| Series C | $15M | Jan 2026 | |
| Series B | — | Aug 2025 | |
| SSEEDN CO.,LTD. | Unknown | — | Apr 2025 |
| Unknown | — | Jan 2025 | |
| NNEX-I, Inc. | Unknown | — | Jan 2025 |
| SSobaGen | Bridge | — | Jan 2025 |
| Series A | $14M | Jan 2025 | |
| Series A | $44M | Aug 2024 | |
| Series B | $25M | Jun 2024 | |
| Series A | $44M | May 2024 | |
| 업업스테이지 | Series B | $45M | Jan 2024 |
| Unknown | — | Nov 2023 | |
| Series A | — | Apr 2023 | |
| MMetaPines | Series B | — | Apr 2022 |
| Series A | $12M | Jan 2022 | |
| LLISCure Biosciences Inc. | Series B | — | Dec 2020 |
| Unknown | — | Jan 2020 | |
| Unknown | $4.3M | Jan 2016 | |
| Series C | $12.8M | — | |
| Series A | — | — | |
| Series C | $28M | — | |
| Series B | $28M | — | |
| Series D | — | — | |
| Unknown | $34.0M | — | |
| Series B | $27M | — |
Top Co-Investors
Last updated: 9 September 2026