Seed investors backing Busan startups in 2026

12 June 2026·6 min read

13 investors fund seed rounds for Busan startups in 2026. The local scene is small and bank-led. New policy pushes more Seoul capital south.

Busan has very few seed funds of its own. BNK Venture leads the local pack.

The city and state fund most of the rest. New regional funds back local firms.

Much seed money still comes from Seoul. Policy now pushes it south.

Cheques run US$300K to US$3M locally. Seoul funds can write more.

Maritime and blockchain are local strengths. Those niches draw outside funds.

The port shapes what gets funded here. Logistics and deep tech sit close behind.

Seed rounds run on speed and clean data. Ellty keeps your files in one tracked room.

TypeCheck sizeSector focusWebsite
BNK Venture InvestmentBank-affiliated VCUS$0.3M-$3MSmart mfg, marine, healthtechbnkvc.co.kr
Busan Scale-Up FundRegional venture fundUS$0.5M-$3MSmart mfg, logistics, emerging techbusan.go.kr
Busan Startup Investment AgencyCity investment agencyProgrammaticAll Busan strategic sectorsbusan.go.kr
KVICGov fund-of-fundsFund-of-funds LPSector-agnostic, regional pushkvic.or.kr
Korea Development BankPolicy bank / anchorLP / anchorDeep tech, AI, strategic industrykdb.co.kr
KB InvestmentSeoul seed VCUS$0.5M-$3MICT, deep tech, healthcarekbic.co.kr
Enlight VenturesRegional seed VC (Daegu)US$0.2M-$2M4IR, smart city, AI, bioenlightv.com
ViNe VenturesSeoul seed VCUS$0.2M-$1.5MConsumer, healthtech, contentsee LEESOL deal
SPACETIME InvestmentSeoul early-stage VCUS$0.3M-$2MContent, edtech, health, consumersee LEESOL deal
SBVASeoul seed VCUS$0.5M-$5MAI, deep tech, consumer, fintechsbvacorp.com
Strong VenturesSeed VC (US-Korea)US$0.1M-$1MConsumer, enterprise, retailstrongvc.com
Big Basin CapitalCross-border seed VC~US$1.85MSaaS, consumer, content, gamingbigbasincapital.com
HashedBlockchain seed / infraUS$0.5M-$10MWeb3, blockchain, digital assetshashed.com

Keep your seed data room ready for every fund

Busan and Seoul funds both review your numbers remotely. Ellty logs every view so you know who is serious before the call.

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What a seed investor backs

A seed investor backs early proof, not just an idea. They want first users and a plan.

They write the first institutional cheque. Most run a real venture capital check.

AI and maritime tech draw interest here. They want a clear early edge.

They look for a market that can get big. A neat product in a small niche rarely wins.

They back the team as much as the metrics. A founder who knows the port wins trust.

Ellty gives each fund one tracked link to your data. You see who read your deck first.

13
Busan seed investors in this guide
Local funds, the state, and Seoul VCs
₩101B
Busan's new scale-up parent fund
Launched in 2025 to back local firms
2.8%
Busan's share of Korean venture
Up from 1.6 percent in 2021
US$2M
BNK Venture's 2026 Busan deal
It led startup LEESOL's bridge round
All of Busan's well-established logistics systems are digital assets. It is indeed the prime land in the digital era.
Kim Sang-min, CEO of Busan Digital Asset Nexus, 2025

13 Busan seed investors

1. BNK Venture Investment

BNK Venture is Busan's main local venture fund.

Recent Activity: Led Busan startup LEESOL's 2026 bridge round

Sector Focus: Smart mfg, marine, healthtech

Stage Focus: Seed, Series A

Check Size: US$0.3M-$3M

Location: Busan

Website: bnkvc.co.kr

2. Busan Scale-Up Fund

This regional fund backs Busan-rooted scale-ups.

Recent Activity: A ₩101B parent fund launched in 2025

Sector Focus: Smart mfg, logistics, emerging tech

Stage Focus: Seed, scale-up

Check Size: US$0.5M-$3M

Location: Busan

Website: busan.go.kr

3. Busan Startup Investment Agency

BSIA is Busan's city startup investment agency.

Recent Activity: City agency that launched in 2025

Sector Focus: All Busan strategic sectors

Stage Focus: Seed

Check Size: Programmatic

Location: Busan

Website: busan.go.kr

4. KVIC

KVIC is the fund-of-funds behind most Busan funds.

Recent Activity: Feeds most Busan funds as a fund-of-funds

Sector Focus: Sector-agnostic, regional push

Stage Focus: Fund LP

Check Size: Fund-of-funds LP

Location: Seoul (feeds Busan)

Website: kvic.or.kr

5. Korea Development Bank

KDB anchors regional funds across the southeast.

Recent Activity: Runs Korea's national growth fund from 2025

Sector Focus: Deep tech, AI, strategic industry

Stage Focus: LP, anchor

Check Size: LP / anchor

Location: Seoul (active southeast)

Website: kdb.co.kr

6. KB Investment

KB Investment is a Seoul VC eyeing Busan deals.

Recent Activity: Joined a 2026 Busan deal-flow roundtable

Sector Focus: ICT, deep tech, healthcare

Stage Focus: Seed, Series A

Check Size: US$0.5M-$3M

Location: Seoul (eyes Busan)

Website: kbic.co.kr

Share one link with every Busan seed fund

Ellty shows when BNK Venture or a Seoul fund opens your deck. Follow up with each fund at the right time.

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7. Enlight Ventures

Enlight is a Daegu seed VC active in the southeast.

Recent Activity: Daegu seed VC active across the southeast

Sector Focus: 4IR, smart city, AI, bio

Stage Focus: Seed

Check Size: US$0.2M-$2M

Location: Daegu (southeast)

Website: enlightv.com

8. ViNe Ventures

ViNe is a Seoul seed VC with a real Busan deal.

Recent Activity: Led Busan firm LEESOL's 2024 Series A

Sector Focus: Consumer, healthtech, content

Stage Focus: Seed

Check Size: US$0.2M-$1.5M

Location: Seoul (backs Busan)

Website: see LEESOL deal

9. SPACETIME Investment

SPACETIME is a Seoul VC that co-invested in Busan.

Recent Activity: Co-invested in Busan's LEESOL in 2026

Sector Focus: Content, edtech, health, consumer

Stage Focus: Seed, early

Check Size: US$0.3M-$2M

Location: Seoul (backs Busan)

Website: see LEESOL deal

10. SBVA

SBVA is a national seed VC Busan founders pitch.

Recent Activity: A national seed VC Busan founders pitch

LinkedIn: SBVA LinkedIn

Sector Focus: AI, deep tech, consumer, fintech

Stage Focus: Seed, Series A

Check Size: US$0.5M-$5M

Location: Seoul

Website: sbvacorp.com

11. Strong Ventures

Strong Ventures is a US-Korea seed fund.

Recent Activity: A US-Korea seed fund open to regional founders

LinkedIn: Strong Ventures LinkedIn

Sector Focus: Consumer, enterprise, retail

Stage Focus: Pre-seed, seed

Check Size: US$0.1M-$1M

Location: Seoul / LA

Website: strongvc.com

12. Big Basin Capital

Big Basin is a Korea seed fund reachable from Busan.

Recent Activity: A Korea seed fund reachable from Busan

LinkedIn: Big Basin Capital LinkedIn

Sector Focus: SaaS, consumer, content, gaming

Stage Focus: Seed

Check Size: ~US$1.85M

Location: Cupertino (backs Korea)

Website: bigbasincapital.com

13. Hashed

Hashed builds Busan's blockchain zone and backs Web3.

Recent Activity: Builds Busan's blockchain zone with Bdan and Npay

Sector Focus: Web3, blockchain, digital assets

Stage Focus: Seed, early

Check Size: US$0.5M-$10M

Location: Seoul (active in Busan)

Website: hashed.com

Busan's regional seed machinery

Busan's seed money runs on a few funds. BNK Venture leads the local lot.

The city and state feed those funds. They reserve money for local firms.

A local-fund lead can unlock that pool. Use it to anchor your round early.

A local LP base survives down cycles. It keeps cheques flowing in lean years.

The new ₩101B parent fund deepens that base. More dry powder stays in the city.

Clean investor relations help here. Strong metrics win the round.

Ellty keeps your early data ready to share. See our Busan angel investors guide too.

Seoul capital pushed south

Most seed money still starts in Seoul. New policy pushes it to Busan.

Funds like ViNe back Busan startups. The LEESOL deal shows the path.

A clean remote pitch wins these funds. They rarely visit in person early.

A Seoul co-lead can lift your round. One name often unlocks more.

A tracked data room replaces the in-person look. Funds judge you on what they open.

Remote deals need tight file control. Use granular permissions on each one.

Ellty controls who opens each sensitive file. You see exactly who studied your deck.

From seed to a Series A

A seed round buys time to find fit. Series A wants real growth.

Busan Series A money is thin too. Many founders raise it in Seoul.

Start that next raise before you run low. A strong seed sets up the round.

Line up your Series A leads early. Warm intros shorten the next raise.

Keep one data room live from seed to Series A. Each new fund slots into the same flow.

Read our due diligence for investors guide. Know what each fund will ask.

Learn how to prepare for due diligence early. Ellty logs who opened each file and when.

How to pitch a Busan seed investor

Show early proof, not just an idea.

  1. 1.
    Show early proof, not just an idea.
    Seed funds want first users, so open with what your early users already do.
  2. 2.
    Bring a clean cap table and metrics.
    Tidy files speed the round, so have your numbers ready before the first call.
  3. 3.
    Use a local fund to anchor the round.
    Busan capital starts the deal, so land BNK or a city fund as your lead investor.
  4. 4.
    Share one Ellty link to your whole data room.
    Skip scattered email attachments and track who opens which files in real time.
  5. 5.
    Follow up the same day a fund digs in.
    Ellty flags the moment they open your deck, so you reach out while interest is high.

How Ellty helps you land a seed investor in Busan

You've shortlisted your Busan seed funds already. Set up a data room before the first call.

  1. 1.
    Upload your deck, cap table, and metrics.
    Set access per fund or per partner.
    Upload file in data room
  2. 2.
    Share one trackable link with each fund.
    Each fund gets its own tracked link.
    Set permissions data room
  3. 3.
    Watch opens and follow up at the right time.
    Use Ellty analytics to time each nudge.
    Analytics data room
Start free 14-day trial

Busan seed investor questions

Who funds seed rounds in Busan?
BNK Venture leads locally. City and Seoul funds back the rest.
How big is a Busan seed cheque?
Most run US$0.3M to US$3M in 2026. Seoul funds can write more.
Are there many seed funds in Busan?
Very few are based here. Most money comes from Seoul.
Does Busan have its own fund?
Yes, a new ₩101B scale-up fund. Part is reserved for local firms.
What is Busan strong in?
Maritime, logistics, and blockchain. The port shapes its startups.
When should I set up an Ellty data room?
Before your very first seed call. Track who opens your deck.

Author

Internal team behind the product.

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