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Mirae Asset Venture Investment announced on the 13th that it has established new funds totaling 469 billion won as of August by sequentially securing capital commitment projects from major policy institutional investors. With plans to establish an additional fund of 460 billion won before year-end, total policy funds for the year are expected to exceed 900 billion won.
Mirae Asset Venture Investment has established seven funds backed by major policy institutional investors including Korea Development Bank (National Growth Fund), Korea Venture Corporation, and Korea Asset Management Corporation. This includes a project fund of 107 billion won to invest in AI semiconductor design company Rebellion, which is the first private matching direct investment under the National Growth Fund.
Looking ahead, the firm is also preparing to establish a 300 billion won National Growth Fund and a 160 billion won National Pension Service fund. Including these, total assets under management (AUM) for the year are expected to exceed 2.4 trillion won. This scale of new fund establishment is significantly larger than that of competing venture investment firms, representing Mirae Asset Venture Investment's largest annual fund-raising record in history, with AUM increasing by approximately 60% compared to last year-end solely within this year.
Notably, the firm has been selected for all capital commitment projects from key investors in the venture investment industry: Korea Development Bank (National Growth Fund), National Pension Service, Korea Venture Corporation, and Korea Growth Finance, demonstrating its competitiveness. Analysis suggests that Mirae Asset Venture Investment's consecutive selection for policy funds reflects its fund-raising capabilities as a major financial group, systematic post-investment management systems, and unparalleled investment expertise. Regarding investment capability, the firm is evaluated for achieving large-scale investment returns by proactively investing in promising growth industries and related companies based on exceptional analytical skills to identify industry trends.
Mirae Asset Venture Investment is building a portfolio of domestic and international AI value chain and deep tech companies expected to yield significant results in the future. Key portfolio companies include Rebellion and Moloco, both anticipated for listing next year. Additionally, the firm has invested in promising domestic companies such as Upstage, Scatter Lab, Exina, HyperXcel, and RealWorld. Overseas, it holds quality portfolios including Cohere (a business-specialized AI model company), Chinese AI company Moonshot AI (recently gaining attention for its Kimi series), Zenspark (an all-in-one AI workspace), and Chinese humanoid robot company Agibot.
Meanwhile, Mirae Asset Venture Investment achieved consolidated operating revenue of 139.8 billion won and an operating profit of 37.4 billion won in the first half of this year. This figure already exceeds the full-year operating profit of the previous year (35.1 billion won). The increase was largely driven by value growth in invested companies and high GP equity stakes leading to fund distribution income. With AUM growing rapidly this year, management fees and performance-based compensation are increasing, suggesting this positive earnings trend will continue. Mirae Asset Venture Investment is a subsidiary of Mirae Asset Securities, with Mirae Asset Securities holding the largest stake at 56.01%.
[MoneyToday startup media platform Unicorn Factory]
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