SK Networks is a South Korean publicly traded corporation (part of SK Group) that operates as an AI-driven business holding company with an in-house corporate venture capital arm and a US-based investment entity (Hico Capital/SK Networks Americas). It invests in future growth sectors including AI, Web3, and sustainability, backing early-to-growth-stage startups and participating in funds from leading global VC firms.
36% of their portfolio is in AI. Their most common stage is series-c (43% of deals). Average disclosed round size is $81.5M (across 10 rounds with reported amounts).
Portfolio
9
Fund Size
—
Top Stage
Series C
Last 12 Mo
0
Team
Chang, Hwajin
Independent director
Choi, Sunghwan
Director
Jang, Geunbae
Independent director
Kim, Keedong
Non Executive Director
Lee, Moonyoung
Independent director
Chai, Sooil
Chairman of the Board of Directors
Lee, Hojeong
CEO / President
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
Portfolio
| Company | Round | Amount | Date |
|---|---|---|---|
 Upstage | Series B | — | Aug 2025 |
| PPhnyX Lab | Seed | $4M | Aug 2025 |
| Upstage | Series B | — | Apr 2024 |
| 업업스테이지 | Series B | $45M | Jan 2024 |
| Upstage | Series B | $72M | Jan 2024 |
 Humane | Series C | $100M | Mar 2023 |
 Humane Inc. | Series C | $100M | Jan 2023 |
| BBlock Odyssey | Series A | — | Feb 2022 |
 MycoWorks | Series C | $125M | Jan 2022 |
 Standard Cognition | Series C | $150M | Feb 2021 |
| MycoWorks | Series C | $125M | Jan 2021 |
 Stilt | Seed | $7.5M | May 2020 |
| 업업스테이지 | Series A | — | — |
| Standard Cognition | Series C | $86M | — |
Top Co-Investors
Last updated: 7 October 2026