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Stonebridge Ventures Establishes 325 Billion Won 'AI Global Fund'... AUM Surpasses 1.7 Trillion Won

Stonebridge Ventures Establishes 325 Billion Won 'AI Global Fund'... AUM Surpasses 1.7 Trillion Won

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/Photo=Stonebridge Ventures
/Photo=Stonebridge Ventures

KOSDAQ-listed venture capital firm Stonebridge Ventures has completed the establishment of a massive 325 billion won fund, pushing its assets under management (AUM) beyond 1.7 trillion won.

Stonebridge Ventures announced on the 31st of last month that it concluded the formation of the 'Stonebridge AI Global Investment Fund' following an inaugural meeting. This fund was established in parallel as two separate entities for operational efficiency: 'Stonebridge AI Global No. 1 Investment Fund' (committed capital of 225.08 billion won) and 'Stonebridge AI Global No. 2 Investment Fund' (committed capital of 99.92 billion won).

The lineup of limited partners (LPs) includes major domestic policy institutional investors and pension funds. The first fund received contributions from the Korea Development Bank, Industrial Bank of Korea for SMEs, Korea Growth Finance, the Central Association for Small and Medium Enterprises, and Korea Post. The second fund lists the National Pension Service and the Administrative Savings Corporation as contributors.

Sixty percent of the investment capital will be concentrated across all areas of the AI value chain, including AI infrastructure, AI models, AI applications, and AI transformation (AIX). The remaining 40 percent is planned for deployment in adjacent industries where Stonebridge Ventures holds strengths, such as biotechnology and deep tech. This initiative aligns with the national trend toward AI transformation, exemplified by the government's plan to invest over 5 trillion won in the AI sector this year alone, aiming to secure a leading position in the related ecosystem.

The lead fund manager for this fund is Choi Dong-yeol, Head of Investment Division, who has led investments in companies such as RevesMed, Nota, S2W, and Holiday Robotics. Kim Byeong-jin (SVP), Song Yeong-don (SVP), and Lee Jong-hyeon (SVP) will participate as core team members, specializing in technical review and recovery processes across sectors ranging from AI semiconductors and infrastructure to physical AI.

Choi Dong-yeol, Head of Investment Division, stated, "Within the government's AI transformation trend, the AI value chain represents a clear growth area," adding, "We will proactively identify and nurture domestic AI companies capable of demonstrating competitiveness in the global market."

Yoo Seung-woon, Director of Stonebridge Ji Ben-cheo-seu (CEO), said, "The company's primary decision-making criterion is maximizing the interests of stakeholders, including shareholders and limited partners," and further announced, "Through the establishment of this large-scale fund, we will expand our stable revenue base and reward performance with excellent management results."

[MoneyToday startup media platform Unicorn Factory]

"This article was translated using AI and may differ slightly from the original."