A joint venture growth fund (50:50) between Mirae Asset Financial Group and Naver Corporation, targeting growth-stage technology companies across Asia. The fund focuses on e-commerce, internet platforms, healthcare, consumer goods, and logistics sectors in rapidly growing Asian markets.
31% of their portfolio is in E-Commerce & Marketplace. Average disclosed round size is $574.8M (across 11 rounds with reported amounts).
Portfolio
9
Fund Size
$853M
Top Stage
Series C
Last 12 Mo
0
Team
Choong Hwan Lee
New Growth Investment Dept. 1Managing Director
Ji Kwang Chung
CEO
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
13 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Tiki | Series E | — | Nov 2021 |
 HappyFresh | Series A | $65M | Jan 2021 |
| TTiki.vn | Series E | $258M | Jan 2021 |
 RedDoorz | Series C | $70M | Aug 2019 |
| HappyFresh | Unknown | $20M | Apr 2019 |
 Bukalapak | Series D | $50M | Jan 2019 |
 Grab | Series H | $3B | Jan 2019 |
| PPOPS Worldwide | Growth | $30M | Jan 2019 |
| FFinAccel (Kredivo) | Series C | $90M | Jan 2019 |
| Grab | Series H | $2.7B | Nov 2018 |
| RedDoorz | Growth | — | Jan 2017 |
| PPOPS Worldwide | Series C | $30M | — |
| IiPrice | Series B | $10M | — |
Top Co-Investors
Macquarie Capital2 shared
Citi Ventures2 shared
Lightspeed Venture Partners2 shared
Toyota Ventures2 shared
500 Global2 shared
InnoVen Capital2 shared
Jungle Ventures2 shared
Rakuten Capital2 shared
Endeavor2 shared
IT-Farm Corporation2 shared
Hyundai CRADLE1 shared
M121 shared
The Goldman Sachs Group, Inc.1 shared
AXIAL Partners1 shared
Korea Investment Partners1 shared
Z Venture Capital1 shared
STIC Investments, Inc.1 shared
Venturra Capital1 shared
Last updated: 7 October 2026