South Korea's KB Financial will establish a 150 billion won unicorn fund, focusing on investing in strategic industries such as AI and semiconductors.
7x24h News
South Korea's KB Financial will establish a 150 billion won unicorn fund, focusing on investing in strategic industries such as AI and semiconductors.
According to Korean media NATE, South Korea's KB Financial Group announced the establishment of the "KB Kookmin Growth Unicorn Scale-up Fund" with a scale of 150 billion won, focusing on investing in unicorn enterprises in industrial fields such as AI, semiconductors, and robotics. It is reported that the fund will be fully funded by subsidiaries under KB Financial and managed by the KB Securities PE Growth Investment Department. Meanwhile, KB Financial also plans to increase financial support for Physical AI, AI data centers, power infrastructure, and semiconductor enterprises.
Navigating Web3 tides with focused insightsTechFlow news, on July 27, according to South Korean media NATE, South Korea's KB Financial Group announced the establishment of the "KB National Growth Unicorn Scale-up Fund" with a scale of 150 billion Korean won, focusing on investing in unicorn enterprises in industries such as AI, semiconductors, and robotics, and it is reported that the fund will be fully funded by subsidiaries under KB Financial and managed by the PE Growth Investment Department of KB Securities. Meanwhile, KB Financial also plans to increase financial support for Physical AI, AI data centers, power infrastructure, and semiconductor enterprises.
