Top 50 Food and Beverage VC (Venture Capital) Funds in South Korea in October 2023

Portfolio highlights

• VPP — Providing clean energy to wherever it is needed
• JeCLEAN — Jacqueline, an ESG startup, draws attention to the vast amounts of abandoned and burnt hotel bedding waste on Jeju Island and provides industrial solutions through upcycling solutions that recycle it into cotton-based raw materials, yarns, and fabrics.
• City Storage — City Storage is a side dish platform that produces and sells salads, soups, and pickles.

Portfolio highlights

• Pillyze — mobile health care startup
• InHandPlus — We are working to solve the issue of medical nonadherence, where patients don't follow their prescribed medical regimes. This is a common and costly problem, and can even result in serious consequences. Our proprietary smartwatch is able to tell what medicine users take, and when they take it. Our AI-based management platform then collects thedata and provides personalized healthcare services and insights.
• Test Valley — Test Valley sells smartphones, tablets, cameras, computers, and household appliances.

Portfolio highlights

• Petpharma — Petpharma is an Operator of an e-commerce platform intended to provide veterinary medicines.
• Uniqconn — Uniqconn is a telecommunication company that offers wireless and mechanical interference services.
• Pribit Technology — Pribit Technology is a technology agency that provides cloud network security technology to related technology services.

Portfolio highlights

• Sangwha — Sangwha is an immersive content production company.
• Everon — Everon is an electric vehicle charging platform that provides maintenance, repair, and control services for electric vehicles and chargers.
• Test Valley — Test Valley sells smartphones, tablets, cameras, computers, and household appliances.

Portfolio highlights

• BRLab — BRLab is a healthcare company in the sleep tech area. We serve sleep tracking and enhancing platform but also ai-based life coaching services. BRLab's platform allows you to use top notching sleep technologies to any type of related applications.
• Best Graphene — Graphene specialized company_BESTGRAPHENE
• Select Star — Select Star is a data platform for AI technology that offers dataset building, storage, and analysis services.

Portfolio highlights

• Kinava — Kinava developing organic waste into renewable energy based on our own advanced technology through many experiments and research.
• Order Hero — Order Hero is an application for food service management.
• DNC Biotechnology — DNC Biotechnology is an R&D centre that researches and improves technology for medical devices.

Portfolio highlights

• breezm — Breezm produces custom eyewear optimized for the customer's face, using 3D-printing, 3D-scanning, and big data analysis. We sell directly to consumers through our offline stores as well as online channels.
• Munice — Munice is a sleep tech company that develops technical analysis and sleep solutions for individuals.
• Disco — Disco is a location-based service platform for real estate companies.

Portfolio highlights

• Fxip — FXIP has the capacity to quickly complete a number of processes, including product planning, design, and manufacturing. Through the introduction of various IP brands in the food & life sector, it has already demonstrated the potential of the business.
• Bean Blur — Beanblr Corporation began offering smart logistics services. Businesses using the service can address logistics issues in Dongdaemun, such as challenges in employing logistics workers, challenges with order picking, ambiguous inventory status, and a lack of real-time response.
• Simply Care Bio — Simply Care Bio is a care food company that manufactures functional foods based on ingredient composition and amplification technology through water-solubilization of fatty acids and immunity-building technology through cell activation.

Portfolio highlights

• Paywork — PayWal is a payment platform that provides dedicated project teaming, task execution checks, and contract management services.
• Solvook — Solvook is a copyright licensing platform for educational materials intended to provide copyright clearance services.
• Paraform — Get paid to recruit for the most exciting startups on your own terms. Recruiting has never been so accessible.

Portfolio highlights

• Kihya — Kihya is a distributor of alcoholic beverages.
• JeCLEAN — JeCLEAN is a washing company that provides bedding, laundry and delivery service.
• Shared fishery — Shared fishery is a fishery firm that specializes in collecting, storing and selling fresh sea fishes.

Portfolio highlights

• USIMSA — USIMSA is a mobile sim company that offers eSIM-based overseas roaming service.
• Panmnesia — True composable resource disaggregation, CXL hardware/software infrastructure from the beginning to the end.
• Velymonkeys — Blimonkids has created and run its own retail platform to aid the expansion of Korean cosmetics in India. In particular, it offers a one-stop service for the introduction of Korean beauty products into India, distribution, and sales, as well as marketing and sales, through its own mall, Maccaron.

Portfolio highlights

• Delivus — Delivus offers small package delivery in major U.S. cities in the shortest amount of time, with real-time delivery tracking, at the same cost as the current courier To facilitate this, we provide Delivery as a Service.
• S-Alpha Therapeutics — Digital approach for unmet medical needs. We embody technology that understands and cares for humans.
• Stellar Vision — StellaVision can interpret synthetic aperture radar (SAR) sensors, an unparalleled radar technique for interpreting satellite data. Information is critical for making investment or policy decisions. Historically, we relied on news sources and government figures to make decisions. However, relying entirely on previously published knowledge may causeyou to be late to the game, and making decisions based on rumors or gossip may result in big losses. Satellite imaging provides a solution to this information mismatch. Satellite imaging is becoming a key decision-making tool in a variety of businesses due to its ability to give fast and accurate information.

Portfolio highlights

• GINT — GINT is a company specializing in a system for tractors / construction equipment manufacturers, established mainly by experts in automotive and ICT. The global market requires electronic control and unattended automation technology for manufacturers. Therefore, GINT is researching and producing the three core systems: Transmission /Hydraulic Control Unit, Telematics and Driverless System. These systems innovatively help latecomers (Long Tail) overcome the technological gap with globally advanced manufacturers such as John Deere, Case IH and others. Based on GINT’s technology and reliability, they are co-working with leading domestic companies such as Tongyang Moolsan, Daedong Industrial and SK Telecom.
• Wavebridge — Wavebridge is a top institutional digital asset company with traditional financial knowhows and crypto finance technology. The company was established in November 2018 to provide a comprehensive suite of investment solutions utilizing its data processing and AI technology.
• City Storage — City Storage is a side dish platform that produces and sells salads, soups, and pickles.

Portfolio highlights

• Returnit — RETURNIT is a service that replaces single-use containers with reusable containers used for food delivery.
• Sugarblade — Sugarblade is a non-destructive test-based used golf goods certification and trading platform.
• City Storage — City Storage is a side dish platform that produces and sells salads, soups, and pickles.

Portfolio highlights

• Storelink — Storelink is an open market optimization platform that analyzes and processes accurate online sales data.
• Maka Motors — MAKA is dedicated to building the best electric motorcycles for Indonesian riders.
• Epic Corporation — The Epic One platform services will be improved, and Epic Corporation will broaden its business sectors. First, the global bidding system in four significant Asian nations will be improved overall, coupled with an update to the AI function that determines the anticipated contract price, in order to maximize the transaction completion rate for thesale of luxury assets. Additionally, there is a plan to considerably broaden its brands and product categories, which currently include luxury watches, luggage, hypercars, and artwork.

Portfolio highlights

• Sweet Bio — Sweet Bio is a food-based biotech company that changes the lifestyle of everyone in the world to be healthy and happy.
• NeoCannBio — NeoCannBio provides natural product processing facilities for generating new medications derived from natural goods and built a cannabinoid library of hemp, and medical cannabis.
• Endorobotics — Endorobotics is a healthcare centre that offers endoscopic surgery services.

Portfolio highlights

• Dayoff — Dayoff wants to be a sensual content and product-curating platform for travel media commerce. It promotes taste-based domestic and international unknown travel products and provides differentiating services in the current travel market, where well-known products and information centered on the lowest price are the main focus. In addition tosupplying limited direct contract products, it intends to expand the current accommodation service to include excursions and activities in the market.
• Robros — Robros is constantly creating technology to break through the barrier between people and robots in order to build a world in which everyone in the service industry can live a physically and emotionally happy life.
• Snackfor — Snackfor is a B2B company that curates and delivers snacks to offices.

Portfolio highlights

• Nuvilab — We lead innovation of the Food-tech through AI technology that is helpful for both human and the environment.
• Right Route — Right Route is an e-commerce company for clothes.
• Avelos Therapeutics — Avelos Therapeutics is a precision medicine company in the clinical stage that finds, creates, and sells targeted therapeutics.

Portfolio highlights

• N.THING — Established in January 2014, N.THING is a Seoul-based Agri-Food tech company leading innovation in agricultural products, by extension, in the farm-to-table food value chain by combining IoT technology and data. It developed the world’s first modular vertical farm ‘CUBE’ which is easy to expand. N.THING CUBE is a modularized farm with massproductivity where a dedicated OS provides the most optimized environment for each crop so as to create maximized efficiency. N.THING is the world’s first smart farming company that won the iF Design Award, Architecture in 2020. Also, it is a winner of Best of Innovation at the CES 2020 for its excellence in technology, which is the first ever in the agricultural field. N.THING is planning to expand its business on a large scale this year after it successfully completes the PoC process in the U.A.E. Our North American branch office located in New York. N.THING hopes to connect people to nature, things to things, people to things, and people to people through IoT technologies by creating Number of Things out of Nothing. .CUBE : CUBE is internet connected modular container vertical farm. It's an ultimate indoor farm which contains LED technology, real time monitoring system through IoT sensors, collected cultivation data, and upgradable software. We deliver the farm of the desired container form to the desired place.SQUARE : SQUARE is modular hydroponic kit. SQUARE can connect each module and share water. Users can connect as many as they want, grow greens and herbs, and make food great themselves. Each Square consists of four Pickcells, which contains special nutrient-rich sponge. With special sponge and hydroponic, it gives the most simple and effective gardening experience.Planty : Planty is the first Internet-connected social pot in the world. Planty gives pleasure to grow plants with your family, friend, and colleague. Planty enables the user to monitor the environmental information on temperature, soil moisture, and ambient light around plants and give water to plants any me or anywhere.Life : Life is a smart gardening journal aimed at the gardening sector. Plant lovers and gardeners are able to record their gardening activities and information and share them through Social Media. The user can easily insert weather data, location data, gardening activities, and plants’ events. Moreover, all the gardening data can be shared through social media.Sikmulsung: Sikmulsung is our show room to explore 'freshness' of our product and service. It is a place for everyone seeking for 'freshness' in visual, in texture, in taste, in flavor or even in atmosphere with, N.THING's in-store farm, exclusively made for Sikmulsung, special F&B's and our end products.
• CellMEAT — Cultured meat
• Floward — Send fresh flowers and a variety of gifts online with Floward. Browse through our numerous products and get same-day flowers delivery

Portfolio highlights

• Trustay — Trustay is a real estate asset management company.
• AIZEN Global — AIZEN is redesigning Digital Banking with CreditConnect, powered by our proprietary ABACUS AutoML platform specialized in the financial services industry. CreditConnect is an AI lending platform designed to bridge the gap between banks and data economy platforms, and automate key decision-making processes in accordance with the credit cycle. Thecompany has secured Series B round funding from a state-led fintech innovation fund (K-Growth) led by major Korean banks to roll out CreditConnect in Southeast Asia.We are also leading the digital transformation in the financial services industry using proprietary AutoML platform ABACUS, with successful use cases in underwriting, fraud detection, product development, claim analysis, and more.
• Kuntian New Energy — Hebei Kuntian New Energy is a producer of anode materials for lithium-ion batteries.

Portfolio highlights

• AiderX — AiderX is a technology startup that creates AI assistants for everyone. We believe that AI should be available to everyone and that it has the potential to change the way we live and work. Our goal is to make AI simple, intuitive, and simple to use.
• MathFLAT — MathFLAT is a B2B mobile solution for mathematics education.
• PlayList — PlayList is a web drama production company that produces dramas and music content. The company's two flagship web drama series, Love Playlist and A-Teen have gained huge popularity amongst the 18-24 age segment. Playlist dramas have over 10 million subscribers and 1.3 billion views.

Portfolio highlights

• Artue — Explore a diverse collection of artwork by new and emerging artists on Artue.io. Buy and sell original paintings, sculptures, photography, and more.
• B GARAGE — B GARAGE is an autonomous drone and service company for warehouse inventory management. B GARAGE is an homage to Willow Garage, a widely respected robotics research company that developed an open-source robotics software platform.
• ZUZU Hospitality — ZUZU Hospitality is chain for independent hotels, delivering revenue growth through distribution and revenue management.As such, we are the indisputable primary partner to hoteliers in driving revenue. Acting as their hotel operating system, we power their back office revenue generation business operations, allowing them to focus on being greathoteliers.

Portfolio highlights

• Genesis lab — Genesis lab is a authentic machine to human communication to improve the way human and machine communicate.
• Datumo — Selectstar got your back!Obtaining the proper data has always been the top issue for many companies using AI. To solve this problem, Selectstar provides a platform that connects your company to the crowd-workers.It's MORE than just a connection! We passionately research crowd-workers and your project to develop cutting-edge technologiesfor the optimized mobile crowd-sourcing.Keep disrupting the world! Just for your project, we are here to maintain the quality, cost-efficiency, or any other burdens related to the data. SelectStar was founded in 2018 and is based in Seoul, South Korea.
• ProxiHealthcare USA — ProxiHealthcare USA is a biotechnology research focused personal and environmental healthcare organization.

Portfolio highlights

• RSN — RSN provides solutions that analyze changes in social awareness and trends in the flow of digital information and suggest their meaning.
• Letsur — Letsur developing automated solutions for AI development and data cleaning services.
• RichAlien — Rich Alien was founded with the intention of creating immersive mobile games ranging from worldwide casual social games to mid-core games based on well-known foreign animations and webtoon IPs.

Portfolio highlights

• Dremo — Dreamo is a leading game developer making great games for friends, family, and people around the world.
• Runbear — Runbear optimizes customer support with data-driven insights from past incidents and your product's knowledge base.
• Polestar Games — Polestar Games creates the MMORPG 'Project N' for PC and console platforms. Project N is an open-world game set in a medieval dark fantasy setting. Many believe that market aspirations for a AAA-level MMORPG that supports both PC and consoles are unrealistic.

Portfolio highlights

• USIMSA — USIMSA is a mobile sim company that offers eSIM-based overseas roaming service.
• TIDEPOOL — Tidepool(500 Global selected) DBA Fishscope, powerful AI Fish & Feed Monitoring solution that solves periodic sampling and fish health diagnosis that requires human labor through Computor vision tech for BioMass Measurement, Fish Healthcare, and Feeding Optimization. - 10+ partnerships including GS E&C(Fortune 500 GS Group Subsidiary) andmany major government arms based in APAC - 90% or more accuracy for weight estimation of live fish in water - Demo: http://fishscope.tidepool.kr/
• Unique Good Company — Unique Good Company develops entertaining mobile apps.

Portfolio highlights

• Gapzone — Gapzone sells air-purifying plants, garden seedings, flower seedlings, pots, soil, and materials.
• Endorobotics — Endorobotics is a healthcare centre that offers endoscopic surgery services.
• Nature Mobility — Nature Mobility is a mobile application platform.

Portfolio highlights

• ELROILAB — ELROILAB provides an AI hyperspectral imaging solution to find foreign objects in food materials.
• Daily Protein — Daily Protein specializes in the sales of protein bars and diet snacks.
• Aqua Cultured Foods — Whole muscle-cut sustainable seafood alternatives made using biomass fermentation. Our product looks and tastes just like traditional seafood.

Portfolio highlights

• Wave — Wave is a food tech company that offers robot-based kitchen operation services for the food service industry.
• QANDA(Mathpresso) — Providing the most effective education for all - We build QANDA, the world's leading personalized learning platform.
• Sweet Spot — Sweet Spot is a platform for companies and retailers who need space for marketing and sales.

Portfolio highlights

• Vegestar — Vegestar is a domestic fresh-cut company that provides purchase, process, and manufacturing solutions for the food and agriculture industry.
• JOINANDJOIN — JOINANDJOIN suggests sustainable and reliable desserts and ingredients.
• We Hudling — White Delight is a food production and distribution company.

Portfolio highlights

• ENEREVER — Enerever Battery Solution is the only comprehensive separator company in Korea that manufactures fabric coating, slitting, and battery cans
• TissenBioFarm — TissenBioFarm is a food technology company that can mass-produce cultured meat with real texture and marbling.
• Onconic Therapeutics — Onconic Therapeutics specialises in the research and development of cancer treatments.

Portfolio highlights

• Playtag — Playtag uses AI technology to analyze infant behavior and provide customized education in kindergartens.
• Test Valley — Test Valley sells smartphones, tablets, cameras, computers, and household appliances.
• City Storage — City Storage is a side dish platform that produces and sells salads, soups, and pickles.

Portfolio highlights

• Algorigo — Algorigo is a sensor data analytics company.
• Mad Made — Mad Made is a mobile application that supplies pet food.
• Wave — Wave is a food tech company that offers robot-based kitchen operation services for the food service industry.

Portfolio highlights

• HN Novatech — HN Novatech is a food ingredient company that makes foods through seaweed-extracted heme molecules-based alternative meat.

Portfolio highlights

• Intosky — Intosky is an unmanned aircraft vehicle company that develops airline products and designs.
• Tredy Team — Tredy Team online platform provides athleisure fashion.
• Futurism Labs — Futurims Labs is a consignment management service that specializes in blockchain technology.

Portfolio highlights

• Wig Hill — Wig Hill is a seller of pet products.
• ONES Global — ONES Global provides global healthcare solutions and databases for the healthcare market.
• MyBrain — MyBrain's brain-only MRI can lower equipment costs through component miniaturization, lower maintenance costs and enhance maintenance through the use of conduction cooling technology, and improve diagnosis ease and accuracy through the development of AI diagnosis software. It is unique in that it can be improved.

Portfolio highlights

• Bionsight — We are pioneering a new era of AI to facilitate the long journey from a laboratory to the patients in drug discovery
• Superblock — Superblock vision removes centralized web servers and puts blockchain run by the people in the system's core.
• Pribit Technology — Pribit Technology is a technology agency that provides cloud network security technology to related technology services.

Portfolio highlights

• ADDD — Dalgo is a peer-to-peer advertising platform.
• Enough — Enough produces nutritious foods for kids.
• Stellar Vision — StellaVision can interpret synthetic aperture radar (SAR) sensors, an unparalleled radar technique for interpreting satellite data. Information is critical for making investment or policy decisions. Historically, we relied on news sources and government figures to make decisions. However, relying entirely on previously published knowledge may causeyou to be late to the game, and making decisions based on rumors or gossip may result in big losses. Satellite imaging provides a solution to this information mismatch. Satellite imaging is becoming a key decision-making tool in a variety of businesses due to its ability to give fast and accurate information.

Portfolio highlights

• Bbodek — Bbodek provider of tableware rental and washing services intended for restaurants and school cafeterias. They provide products for children's tableware and hygiene management services. They specialize in using their self-developed smart factory to render low defect services to consumers, enabling them to just focus on cooking without worryingabout cleaning up. They are expanding their business to customized washing machine manufacture and sales.
• Petnow Inc. — Petnow Inc. is a pet tech startup based in Seoul, Korea, and was founded in 2018. Petnow Inc. is a Korean pet tech startup established in 2018. We have been striving to build a world without missing pets through AI-driven pet biometric identification. As a technology-based company, we have filed 9 patents regarding our proprietary AI. Its researchwas published in IEEE Access in March 2021, which proves the accuracy of 98.97%. Also, we have been advancing technology non-stop and released the world’s first features, cat identification and selfie mode, in late 2022.Petnow Inc. has been accelerated by Samsung and POSCO and awarded Best of Innovation at CES 2022. We successfully raised $5M on the Pre-Series A round in 2022 and were selected for ‘Google for Startups Accelerator Korea’ in 2023. We entered the US pet ID market recently and will open a US office in early 2023. We are also looking for partnerships with various pet service providers, local government agencies, and insurance companies in the US.
• jeongyookgak — jeongyookgak produces and sells fresh meat.

Portfolio highlights

• H2 — H2 is a Korea-based advanced energy storage company specialized in vanadium redox flow battery which is an optimal solution especially for large-scale and long-duration energy storage. H2 has developed cutting-edge EnerFLOW series energy storage using its own vanadium redox flow batteries, which is commercially available at the moment. H2 isexpected to grow fast and big due to H2's unique design and manufacturing capabilities, and a promising market of large-scale energy storage.
• Aquafortus — Aquafortus specializes in providing enviornmental services and commercializes proprietary zero liquid discharge technology.
• Green Li-ion — Green Li-ion is a deep clean technology that solves the existential risk to the precious metals industry and the environment. Its patented deep technology is Cleaner, Faster, and 4x more profitable than current Lithium-Ion Battery recycling and the only technology to fully Rejuvenate the battery cathode. It was founded in 2020 and is based inSingapore.

Portfolio highlights

• Levit — Mobile commerce app that allows customers to have an enjoyable and affordable shopping experience
• Portlogics — Portlogics provides standardised and advanced digital management systems and connects stakeholders through IT technology for imports and exports in order to become a top-tier digital System Provider in the global logistics industry.
• Green Li-ion — Green Li-ion is a deep clean technology that solves the existential risk to the precious metals industry and the environment. Its patented deep technology is Cleaner, Faster, and 4x more profitable than current Lithium-Ion Battery recycling and the only technology to fully Rejuvenate the battery cathode. It was founded in 2020 and is based inSingapore.

Portfolio highlights

• GenKOre — GenKOre operates as a biotech company, specializing in genetic scissors.
• GTL — GTL manufactures hydraulic equipment, mechanical parts, industrial robots and automation equipment or aircraft and spacecraft parts.
• Vetching — Vetching started with the meaning of matching veterinarians and veterinary hospital customers by combining veterinarian and matching.

Portfolio highlights

• Munto — Munto is a community platform that enables individuals to connect better online and offline depending on their interests.
• N.Light — N.Light is a Metaverse 3D design software that allows individuals to effortlessly turn their ideas into reality.
• d'strict — World-Class Digital Media Design Company

Portfolio highlights

• Uniqconn — Uniqconn is a telecommunication company that offers wireless and mechanical interference services.
• Everon — Everon is an electric vehicle charging platform that provides maintenance, repair, and control services for electric vehicles and chargers.
• Endorobotics — Endorobotics is a healthcare centre that offers endoscopic surgery services.

Portfolio highlights

• Kinava — Kinava developing organic waste into renewable energy based on our own advanced technology through many experiments and research.
• Geek Planner —
• Somsidang Company — Somsidang Company is an online learning platform that offers baking and pottery painting training services.

Portfolio highlights

• CellMEAT — Cultured meat

Portfolio highlights

• iPrice Group — Shop now with the largest selection of top brands and products in the region - all in a single website! Discover new products, compare smartphone prices and products. Get the latest coupon and voucher codes for Lazada, Zalora, Qoo10, Grab Car, and more!
• Shiok Meats — Delicious, healthy & cell-based seafood from Shiok Meats. Get variety of cultivated meat, cultivated seafood, cell cultured meat & Lab Meats in Singapore.
• Shin Starr presents — Shin Starr presents create, operate, and franchise Korean cuisine-based QSR and fast-casual dining restaurants built around its proprietary robotic kitchen technology and Korean cuisine excellence.It develops and commercializes SPACE+ Technology™, a spatial technology platform brand created by SHIN STARR presents to enhance cooking and foodservicing quality and efficiency.SPACE+ combines and integrates in-house made robotic and network technologies into a flawless autonomous kitchen platform.

Portfolio highlights

• GINT — GINT is a company specializing in a system for tractors / construction equipment manufacturers, established mainly by experts in automotive and ICT. The global market requires electronic control and unattended automation technology for manufacturers. Therefore, GINT is researching and producing the three core systems: Transmission /Hydraulic Control Unit, Telematics and Driverless System. These systems innovatively help latecomers (Long Tail) overcome the technological gap with globally advanced manufacturers such as John Deere, Case IH and others. Based on GINT’s technology and reliability, they are co-working with leading domestic companies such as Tongyang Moolsan, Daedong Industrial and SK Telecom.
• ASWEMAKE — ASWEMAKE is a shopping app that delivers groceries.
• Caring — Caring is a visiting medical treatment facility that offers medical consultation.

Portfolio highlights

• My Chef — My Chef sells home meal kits.

Portfolio highlights

• Stari — Stari is an entertainment tech platform that connects stars and fans through personal stories.
• TCMS — TCMS provides lithium secondary battery separator film equipment and parts manufacturing solutions.
• Wonderwall — Wonderwall is an online art learning platform.