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The Venture Codex

Asia2G Capital (K2G Tech Fund)

322 University Ave, Palo Alto, CA, 94301, United States

Overview

The K2G Fund is a venture capital firm that primarily invests in Korean technology startups expanding internationally in their early stages.

Total investments
4
Lead investments
2
Investments · 12mo
1
Active investors
0
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Investment portfolio

  • ARGOS Identity

    Participated · Series A · Jul 2026

    ARGOS Identity provides an AI-driven identity verification platform that combines facial recognition, passive liveness detection, document OCR, document authenticity checks, and fraud prevention into a single solution. The company also develops OMNI, an AI-powered verification automation platform that automates repetitive review and decision-support workflows for operations teams. ARGOS supports identity verification across more than 195 countries and recognizes over 4,000 government-issued identity documents. Its enterprise customer base grew 4x year-over-year in 2025 and the company now serves more than 35 enterprise customers, including Kakao Entertainment, NHN LINK, YES24, SentBe, and Hanpass. ARGOS entered the U.S. market in 2023 and has established operations in Washington, D.C. The company plans to evolve OMNI into broader trust infrastructure capable of verifying people, businesses, and AI agents, including agent identities, delegated authority, and operational permissions.

  • Portlogics

    Led · Series A · Feb 2023

    Portlogics provides a web-based trade order and freight management system that automates forwarding workflows (using robotic process automation) to digitize the manual, email-based international shipping process. Its platform supports shipments by sea, road, and rail and gives merchants status updates and cost estimates. More than 26 companies, including large logistics firms and shippers such as GS Global and Hyundai Bioland, use Portlogics’ software. The startup has 19 employees (six in R&D) and recently raised $1.6 million (2 billion won) in pre-Series A funding. Portlogics will use the capital to further develop its platform, hire additional staff, and introduce AI/ML models to better estimate e-booking and shipping costs. It is also in talks with B2B SaaS security firms to strengthen customer and internal data security. The company currently focuses on South Korea but plans to open offices in Southeast Asia and the U.S. after 2024.

  • Luckmon

    Led · Seed · Nov 2022

    Luckmon operates a reward-based, play-to-earn mobile gaming platform that aggregates popular casual titles and recently discovered games tailored to player interests. The app combines classics like Solitaire, Sudoku, and Chess into a single offering and includes competitive features such as friend connections and tournaments. Its beta is available in 120 countries and has recorded 150,000 downloads; the app is distributed on iOS and Google Play. The development team includes casual-gaming industry veterans from Zynga, GSN, and Mobilityware. Luckmon plans to collaborate with a variety of non-local companies to integrate casual games into their offers, potentially reaching and entertaining tens of millions of casual game users worldwide. The company intends to use new funding to accelerate expansion of its casual gaming product pipeline and to support players and games across mobile.

  • BalkanID

    Participated · Seed · Aug 2022

    BalkanID builds AI-powered identity governance and administration software that automates visibility into entitlements and access reviews. The company markets its product as “Identity Governance and Administration on autopilot,” aiming to simplify and autonomize core IGA workflows. BalkanID launched out of stealth in May 2022 and is based in Austin. Its leadership team includes co-founders Subbu Rama, Sameer Sait and Jeremy Patton; Rama previously co-founded Bitfusion, which was acquired by VMware. The company says its AI-heavy approach differentiates it from legacy IGA tools and manual spreadsheet-driven processes. In a seed extension announced today it raised $2.36 million, bringing total funding to $8.1 million. BalkanID plans to use the proceeds to accelerate growth, buffer against market fluctuations and capitalize on demand for its Intelligent Access Governance platform. BalkanID has developed an AI-powered Identity Governance and Administration (IGA) platform built for cloud-native environments that identifies and remediates risky entitlements across SaaS and public cloud estates. The company says its patent-pending solution leverages data science to interrogate cloud environments for inherent and residual entitlement risks. BalkanID enables IT and security teams to enforce the principle of least privilege while dynamically managing exceptions. The company announced the launch of its IGA solution alongside its seed funding. Founders include Subbu Rama (co-founder of Bitfusion, acquired by VMware), Jeremy Patton (former engineering leader at Bitfusion), and Sameer Sait (former CISO at Amazon/Whole Foods Market). The company raised seed capital to accelerate product and customer development.

Team

No current team members are available.