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The Venture Codex

Daesung Private Equity

4F, Haesung Building, 165, Yeoksam-ro, Gangnam-gu, Seoul, Gangnam-gu, 06247, South Korea

Overview

Daesung Private Equity is a Korean venture capital firm offering investment, corporation restructuring, and incubation services.

Total investments
10
Lead investments
3
Investments · 12mo
3
Active investors
2
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Investment portfolio

  • LetinAR

    Participated · Equity · May 2026

    LetinAR develops PinTILT optical modules—compact lenses that steer light precisely into the eye—to make AI-enabled smart glasses thinner, brighter, and more power-efficient than many existing approaches. The company argues its design balances the efficiency of mirror-based systems with the thinness of waveguide approaches to reduce weight and battery drain. Founded in 2016 by Jaehyeok Kim and Jeonghun Ha and backed by LG Electronics, LetinAR’s modules are already shipping to customers including NTT QONOQ Devices, Dynabook, and Aegis Rider. Aegis Rider integrates LetinAR’s module into an AR motorcycle helmet aiming for EU and Swiss markets. LetinAR is in R&D talks with larger tech firms but declined to name them. The company is scaling production ahead of a planned 2027 IPO and used its recent funding to support that scale-up.

  • Dnotitia

    Participated · Series A · Apr 2026

    Dnotitia develops an AI storage stack centered on Seahorse, a vector database, and VDPU, a dedicated vector data processing semiconductor. In March the company unveiled an AI Storage Strategy to integrate external knowledge, long-term memory, and working memory. Seahorse received Korea’s top-grade GS software certification in January and Seahorse Cloud was launched as a SaaS offering in March. Dnotitia describes VDPU as a purpose-built chip for accelerating vector data search and processing and is preparing it for commercialization. The company plans to use its recent Series A proceeds to improve cloud and on‑premises products, commercialize VDPU, expand globally, and hire key talent. Dnotitia is also moving forward with IPO preparations, naming Korea Investment & Securities and Shinhan Securities as joint lead managers.

  • Autonomous A2Z

    Participated · Equity · Mar 2026

    Autonomous A2Z develops autonomous vehicle technologies with a hybrid engineering approach that combines rule-based algorithms and AI-driven decision systems aimed at achieving Level 4 autonomy. The company operates a research center in Pyeongchon, Gyeonggi, and runs autonomous mobility projects in markets including Singapore (in partnership with Grab), the United Arab Emirates, and Japan, where it has begun robotaxi trials. It has accumulated total funding of 122.5 billion won following the recent 40.5 billion won pre-IPO round and is preparing for a Kosdaq listing. Planned uses of capital include expanding domestic and international projects and procuring sensors, controllers, and vehicle components. Autonomous A2Z is preparing to participate in a large-scale pilot program led by the South Korea Ministry of Transport. The company says it aims to accelerate commercial deployment of Level 4 driverless vehicles and to build a global data network to support that goal.

  • Qunova Computing

    Participated · Series A · Aug 2025

    Qunova Computing builds quantum-focused software and algorithms aimed at delivering practical advantage on Noisy Intermediate-Scale Quantum (NISQ) hardware for chemical, pharmaceutical and industrial engineering users. Its algorithms have been tested with leading quantum hardware companies and research institutes, and the company reports results indicating it can deliver a quantum advantage even on NISQ devices. Qunova says its technology will reduce the large number of trials required to develop new materials with specific properties, cutting time and expense in industrial R&D. The company intends to use the Series A proceeds to expand operations and accelerate development efforts. Qunova raised $10M in a Series A round. The company was founded in 2021 and is led by CEO Kevin June-Koo Rhee.

  • BIGC

    Participated · Series A · Aug 2024

    BIGC operates an All-in-One Digital Venue platform that supports online monetization of live entertainment and artist IP, offering ticketing, AI-enhanced live streaming, fan interaction tools, video-on-demand, global e-commerce, and fan data analytics. The company uses proprietary AI-driven streaming technology and a data engine that analyzes fan behavior across more than 200 countries. Initially focused on K-pop and Korean cultural concerts, BIGC has expanded to J-pop, global musicians, and festival IPs. Launched two years ago, the platform is available in 224 countries and has attracted over 1.1 million registered members, about 80% of whom are international (notably Japan, Greater China, and North America). Over the past year membership grew 13x, average revenue rose nearly fivefold, and the company has sustained an average quarterly growth rate of 48% for six consecutive quarters. BIGC plans to use new funding to accelerate product development, expand its global footprint, enhance services for artists and fans, and strengthen infrastructure to support larger-scale events and more complex monetization strategies. Bigk builds an all-in-one digital venue platform that delivers concerts, showcases, artist homes, voting, live streaming, VOD, commerce and analytics using proprietary video and live/SaaS technology. The company combines AI-enhanced live technology with fandom data from more than 200 countries to connect artists and fans and help entertainment and broadcast partners monetize IP. Bigk launched targeting global K-pop and K-culture fandoms and completed projects such as CJ ENM’s KCON; it has collaborated with top K-pop artists (Infinite, Taemin, Bambam, Cha Eun-woo) and leading K-drama actors. Since launch Bigk has attracted fans across 200+ countries and reports overseas revenue exceeding 60% of sales. Founded in 2021 by CEO Kim Mi-hee (former Samsung and founder of Tutoring) with CTO Kim Jeong-woo, the team leverages seven-plus years of live and SaaS experience. The company plans further international expansion and additional fundraising to support global growth.

Team

  • Kim Ji-yeon

    Team Leader

  • Park Jae-chan

    Team manager