POSCO Venture Capital
617 Change Up Ground, 87 Cheongam-ro, Nam-gu, Pohang, Gyeongsangbuk-do, 37673, South Korea
Overview
POSTECH Venture Capital Corporation(POSTECH VC) was founded and financed by POSCO to participate in SME(small and medium enterprise) Revitalization Policy in 1997 for the National Economy Restoration. We seek investment opportunities in diverse markets including Information Technologies, Advanced Materials, Bio Technologies, Renewable Energy, and Life Sciences. And we are to accelerate the commercialization of the valuable technologies from POSTECH(Pohang University of Science and Technology), RIST(Research institute of Industrial Science and Technology), and other institutes in Korea. More than 200 professors in POSTECH help POSTECH VC evaluate the technologies POSTECH VC is comprised of a team consisted of experienced venture capitalists who has previous experiences in successful startups, consulting firms, and executive management. We are currently investing from our several funds and manage over 60 billion Won. Our recent primary investment focus is on high growth opportunities in renewable energy such as bio-diesel and photovoltaic technologies.
- Total investments
- 1
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Finance
- FinTech
Investment portfolio
- Shakr.com
Led · Series A · May 2014
Shakr Media builds a platform that enables small companies to automatically create video clips from online information, photos, and video snippets. Its algorithmic technology assembles content into video templates and the company has launched a motion-graphics marketplace. Shakr has shifted focus toward the advertising sector to make pre-roll and other video ads accessible to SMBs that can’t afford high production costs. The company operates offices in San Francisco and Seoul and notes particularly high video-ad consumption in Seoul. Financially, Shakr has raised a total of $3 million to expand its tech platform, including a prior $700,000 seed round. The latest investor is POSCO Venture Capital, which also helped secure matching funds from the South Korean government. Shakr aims to use the funding to grow distribution of its video-ad templates and lower barriers for small-business video advertising.
Team
No current team members are available.