
Future Play
Rubina Building, 561 Seolleung-ro, Gangnam-gu, Seoul, Seoul-t'ukpyolsi, 06145, South Korea
Overview
KDB Capital Corp. operates as a credit specialized and corporate restructuring company in South Korea. It provides equipment leasing services for various properties, including machineries, ships, IT equipments, medical equipments, automation equipments, transportation machineries, educational research equipments, construction machineries, heavy, and other equipments for social services. The company provides venture capital for companies operating in various areas, including computer and related components, semiconductors and equipment, telecommunication and accessories, software, multimedia, precision chemistry, environment, biotechnology, content/fashion, mechatronics, and entertainment. In addition, the company offers services to help distressed companies, including merger and acquisition, business consulting, merger and acquisition loan, rescheduling, acquisition of stocks, operating loan fund for restructuring, and consulting for corporate reinforcement; funding services, such as working capital, project financing, and equipment funding; financing via acquiring account receivables from corporations; and credit card services. The company was established in 1972 and is headquartered in Seoul, South Korea. KDB Capital Corp. is subsidiary of The Korea Development Bank.
- Total investments
- 21
- Lead investments
- 1
- Investments · 12mo
- 5
- Active investors
- 0
Investment portfolio
- Asteromorph
Participated · Seed · May 2026
Asteromorph develops a foundation model, Spacer, that it says combines a base LLM with deep domain knowledge and multi-step reasoning to autonomously generate research ideas and scientific hypotheses in biology and chemistry. Its flagship initiative, the "Library Project," aims to run the autonomous system at scale to uncover fundamental mechanisms of life and compile findings into a structured database. The company emphasizes autonomous hypothesis generation and end-to-end scientific workflows rather than solely assisting human researchers. Leadership includes CEO Lee Min-hyung, who entered advanced research training early, and a core team of young researchers from top Korean STEM programs. Financially, Asteromorph has raised a $31.4M seed round and previously raised approximately ₩5 billion. The company faces the challenge of validating model-generated discoveries through rigorous experimental work at scale.
- Coxwave
Participated · Series A · Jan 2026
Founded in 2021 in Seoul, Coxwave specializes in AI product analytics and reliability solutions for conversational AI. Its flagship platform, Coxwave Align, delivers user analytics and feedback-driven evaluations, allowing operators to track metrics such as conversation satisfaction and interaction patterns. The company is expanding the platform to include real-time monitoring, anomaly detection, and automated intervention, effectively serving as guardrails for AI agents in production. Beyond software, Coxwave offers AX consulting services that have supported e-commerce, public sector, and professional-services projects for global clients including PwC India, Meta, Microsoft, and Economic Times. Partnerships with Anthropic, OpenAI, and NVIDIA underscore its technical depth; the firm co-hosted Builder Summits and Hackathons with these partners in 2025 and was accepted into the government-backed Scale-Up TIPS R&D program in December. Coxwave claims the first successful exit of a generative AI product in Korea in 2023, further validating its expertise. Following the latest capital infusion, the company’s total funding stands at $8.6 million, which it plans to channel into strengthening AI reliability technology and scaling its consulting arm.
- Align AI
Participated · Series A · Jan 2026
Founded in 2021, Coxwave’s core product, Align, is a data-driven platform that tracks real-time user behavior and quantitatively evaluates conversational AI services, helping companies improve satisfaction and reliability. The company complements this with AI transformation (AX) consulting across sectors such as ed-tech, AICC, and finance. Align’s roadmap includes an “AI Guardrail” feature that will monitor agent actions and enable instant mitigation of issues. Coxwave has already collaborated with global tech leaders Anthropic, OpenAI, and NVIDIA, and it was selected for the Korean government’s Scale-up TIPS R&D program in December 2023. Its AX arm has executed projects for PwC India, Meta, Microsoft, and more than ten other clients. Additionally, the firm released EduTap, a B2B AI education solution now used by FastCampus, Hackers, and other ed-tech companies. To date, Coxwave has raised a cumulative ₩12.5 billion to fuel product development and market expansion.
- Power Cube Semi
Participated · Equity · Dec 2025
Founded in 2013, Power Cube Semi focuses on designing and manufacturing compound semiconductor devices based on silicon (Si), silicon carbide (SiC), and gallium oxide (Ga2O3). The company operates a dedicated gallium-oxide fabrication line that is already supplying multiple international customers. Its technology secured an A grade in Korea’s technical evaluation system in July, qualifying the firm for a technology-special IPO on KOSDAQ. Leveraging this momentum, management plans to submit an IPO preliminary review application in January and proceed with a full listing thereafter. The newly raised capital strengthens its balance sheet ahead of commercialization scale-up and public-market entry. While detailed revenue or user metrics were not disclosed, the ongoing customer collaborations suggest early market traction. Executives have committed to completing a successful listing to meet investor expectations.
- Redrob
Participated · Series A · Nov 2025
Redrob develops a full-stack AI infrastructure that spans proprietary foundation models and end-user applications for functions such as HR, sales, and productivity. Its technical approach—combining Mixture of Experts architecture, aggressive distillation, and quantization—delivers roughly 90 % of flagship model performance at about 5 % of the cost, enabling a 20× price reduction versus incumbents like ChatGPT Pro. The company operates out of San Francisco, New York, New Delhi, Mumbai, and Seoul with a 100-person team. Redrob already serves 3 million users across 500 Indian universities and has generated $7 million in annual recurring revenue, validating its free-to-student, B2C-to-B2B conversion strategy. Graduating students act as internal champions, driving enterprise adoption when they enter the workforce. Looking ahead, management aims to become the world’s third-largest LLM platform by monthly active users by 2028 while deepening penetration of the U.S. enterprise market. The startup positions itself as the “Android to ChatGPT’s iPhone,” emphasizing global accessibility alongside sustainable enterprise economics.
Team
No current team members are available.