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The Venture Codex

Overview

Subsidiary of Industrial Bank of Korea providing investment services.

Deals · 12mo

3

Stage focus

Series A
Series B
Series D

Geographic focus

Italy
South Korea

Sector focus

—

Investment portfolio

6rounds
NAMEDATESIZE
Step Lab
Aug 2026Participated
$8 MSeries A
Flexell Space
Jul 2026Participated
$20 MSeries A
Habit Factory
Oct 2025Participated
$24 MSeries D
Impactive AI
Aug 2025Participated
$6 MSeries A
OKESTRO
Dec 2023Participated
$100 MSeries B
Bbodek
Sep 2023Led
$13 MSeries B
Step Lab
Aug 2026Participated
$8 MSeries A
Flexell Space
Jul 2026Participated
$20 MSeries A
Habit Factory
Oct 2025Participated
$24 MSeries D
Impactive AI
Aug 2025Participated
$6 MSeries A
OKESTRO
Dec 2023Participated
$100 MSeries B
Bbodek
Sep 2023Led
$13 MSeries B
6
Items
Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

IBK Investment & Securities: 6 funding rounds are recorded in the selected participation categories.All available history.
IBK Investment & Securities: 6 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Series A03
Series B11
Series C+01

Monthly Deal Activity

IBK Investment & Securities: 6 deals are recorded across 38 months.All available history.
IBK Investment & Securities: 6 deals are recorded across 38 months. All available history
MonthDeals
Sep '231
Oct '230
Nov '230
Dec '231
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '251
Sep '250
Oct '251
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '261
Aug '261
Sep '260
Oct '260

Sector Breakdown

IBK Investment & Securities: Manufacturing is the largest displayed sector by deal count (2 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

IBK Investment & Securities: Manufacturing is the largest displayed sector by deal count (2 deals). All available history
SectorDeals
Manufacturing2
AI & Machine Learning2
Space & Frontier Tech2
Networks, Cloud & Communication1
Fintech1
Enterprise Software1
Food & Agriculture1
Professional Services1
Clean Energy & Sustainability1
Data, Analytics & IT1

Deal Size Distribution

IBK Investment & Securities: 6 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

IBK Investment & Securities: 6 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M0
$5M-$10M2
$10M-$25M3
$25M-$50M0
$50M-$100M0
$100M-$250M1
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

IBK Investment & Securities: South Korea has the largest recorded deal count among the displayed regions (5 deals).All available history.

Top 2 of 2 regions; European countries are grouped as Europe.

IBK Investment & Securities: South Korea has the largest recorded deal count among the displayed regions (5 deals). All available history
RegionDeals
South Korea5
Europe1
IBK Investment & Securities: 20 co-investors are shown, with Korea Credit Guarantee Fund sharing 3 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Investment Strategy

IBK Investment & Securities: Led accounts for 17% and participating for 83% of round participation.All available history.
IBK Investment & Securities: Led accounts for 17% and participating for 83% of round participation. All available history
CategoryDeals (count)Share (%)
Led117%
Participating583%
IBK Investment & Securities: Single-lead accounts for 0% and co-led for 100% of lead dynamics.All available history.
IBK Investment & Securities: Single-lead accounts for 0% and co-led for 100% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead00%
Co-led1100%

Team

HyoSung Cho

President and CEO