KT&G
Beotkkot Street 71, Daejeon, Daedeok-gu, 34337, South Korea
Overview
KT&G is the leading tobacco company in South Korea with annual sales of over $4 billion USD. KT&G was originally a government-owned monopoly but was privatized and today is publicly traded, competing for market share with other international tobacco firms such as Philip Morris International, British American Tobacco, and Japan Tobacco. KT&G's sales volume share was 62% of the Korean market in 2009. KT&G produces popular Korean cigarette brands such as The One, Indigo, Arirang, This, This Plus, Zest, Esse, Raison, and Lo Crux. It has been expanded outside Korea, especially through its superslims brand Esse in Russia and other eastern European markets. KT&G also owns significant subsidiaries such as Korea Ginseng Corporation, Yungjin Pharm (a pharmaceuticals company), and several bio ventures. Its headquarters are in Daejeon.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 1
Sector focus
- Manufacturing
- Retail
- Tobacco
Investment portfolio
- N.THING
Participated · Series B · Oct 2021
N.THING is a physical-AI agriculture company that provides N.FARM.AI, a fully integrated farm-management platform offering AI-based environment control, real-time crop monitoring, yield prediction, and end-to-end business analytics. The system will be deployed across eight floors (4,040 pyeong / ~13,354 m²) of the forthcoming IM Farm Tower, Korea’s first building-type vertical farm, which is expected to produce about 1,000 tons of high-value crops annually once completed in 2027. N.THING has accumulated ten years of cultivation data and operational know-how that it is now commercializing through B2B contracts with growers and developers. The company says it has already secured a 20 billion-won business pipeline for 2024. Looking ahead, it will use fresh capital to enhance N.FARM.AI, develop new high-margin crops such as strawberries and herbs, and launch global expansion beginning with Indonesia. Management is simultaneously preparing a Series C raise and working with Samsung Securities on a prospective KOSDAQ listing.
Team
Baek Bok-in
Rep Dir/President/CEO