Seed investors backing Seoul startups in 2026

12 June 2026·7 min read

16 seed funds back Seoul founders in 2026. Korea's seed market held up in a hard year. The state funds most of these funds as an LP.

Seoul has a real institutional seed market. Funds write the first big cheques.

Most cluster in Gangnam and Pangyo. A short list reaches most of them.

Total funding fell hard in 2024. But seed money actually grew.

The state backs most seed funds as an LP. That shapes the whole market.

Cheques run US$300K to US$5M. Deep-tech rounds can run larger.

AI and deep tech draw the most heat. Founders raise early and lean now.

Speed matters once a fund leans in. A slow reply can cool a hot deal.

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

TypeCheck sizeSector focusWebsite
Kakao VenturesSeed VCUS$0.3M-$3MDeep tech, AI, healthcare, gamingkakao.vc
BonAngels Venture PartnersSeed / early VCUS$1M-$5MTech, healthcare, gaming, consumerbonangels.net
Bluepoint PartnersSeed deep-tech VCUS$0.5M-$2.2MDeep tech, bio, cleantech, AIbluepoint.ac
Strong VenturesCross-border seed VCUS$0.1M-$1MSaaS, fintech, media, e-commercestrongvc.com
Big Basin CapitalCross-border seed VCUS$0.3M-$2MFintech, enterprise, consumerbigbasincapital.com
SBVAEarly-stage VCUS$0.5M-$5MAI, robotics, SaaS, healthtechsbva.com
DSC InvestmentEarly-stage VCUS$0.5M-$5MICT, deep tech, healthcaredscinvestment.com
Schmidt VenturesMicro-VC (seed lead)US$0.1M-$1MAI, deep tech, consumerschmidt.kr
Naver D2SFCorporate seed VCUS$0.3M-$1.7MAI, robotics, healthcared2startup.com
FuturePlaySeed deep-tech VCUS$0.3M-$2MDeep tech, robotics, healthtechfutureplay.co
SpringcampSeed VCUS$0.2M-$1.5MEarly tech, consumer, gamingspringcamp.co
Z Venture CapitalCross-border CVC (seed)US$0.3M-$3MMedia, commerce, AI, deep techzvc.vc
Mirae Asset VentureEarly-stage VCUS$1M-$5MAI, enterprise, healthcaremiraeassetventures.com
KB InvestmentEarly-stage VC (KB)US$1M-$5MSaaS, fintech, deep techkbic.co.kr
Smilegate InvestmentEarly-stage VCUS$0.5M-$3MAI, edtech, healthcare, gamingsmilegate.com
NextransCross-border seed VCUp to US$3MFintech, proptech, SaaS, foodtechnextrans.co.kr

Keep your seed data room ready for every fund

Seed funds move fast and check your numbers hard. 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. Store your files in one virtual data room.

They study your team, traction, and market. Ellty features make sharing simple.

They back the founder as much as the metrics. A clear story still beats a long deck.

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

They also weigh how fast you can ship. Early speed signals a team that will not stall.

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

16
Seoul seed funds in this guide
Institutional seed and early VCs
+142%
Korea's 2024 seed funding growth
Seed grew while late stage fell
US$119M
Korea's 2024 seed funding total
Up from US$49M the year before
US$0.3M-$3M
Typical Seoul seed cheque
Deep-tech rounds can run larger
Korean seed-stage funding surged about 142 percent in 2024 to US$119 million, even as later-stage capital fell sharply.
KED Global, 2024

16 Seoul seed investors

1. Kakao Ventures

Kakao Ventures is Korea's most active seed VC.

Recent Activity: Formed an 11th fund worth about US$32M

LinkedIn: Kakao Ventures LinkedIn

Sector Focus: Deep tech, AI, healthcare, gaming

Stage Focus: Seed

Check Size: US$0.3M-$3M

Location: Seongnam / Seoul

Website: kakao.vc

2. BonAngels Venture Partners

BonAngels is a founder-backed seed and early VC.

Recent Activity: Runs a US$100M founder-backed seed fund

LinkedIn: BonAngels LinkedIn

Sector Focus: Tech, healthcare, gaming, consumer

Stage Focus: Seed, Series A

Check Size: US$1M-$5M

Location: Seoul

Website: bonangels.net

3. Bluepoint Partners

Bluepoint is a seed-stage deep-tech fund.

Recent Activity: Raised new capital from ZVC in late 2025

Sector Focus: Deep tech, bio, cleantech, AI

Stage Focus: Seed

Check Size: US$0.5M-$2.2M

Location: Daejeon / Seoul

Website: bluepoint.ac

4. Strong Ventures

Strong Ventures is a US-Korea pre-seed and seed fund.

Recent Activity: US-Korea seed fund; about 270 companies backed

LinkedIn: Strong Ventures LinkedIn

Sector Focus: SaaS, fintech, media, e-commerce

Stage Focus: Pre-seed, seed

Check Size: US$0.1M-$1M

Location: Seoul / LA

Website: strongvc.com

5. Big Basin Capital

Big Basin backs Korean startups expanding to the US.

Recent Activity: Backed 54+ Korean startups expanding to the US

LinkedIn: Big Basin Capital LinkedIn

Sector Focus: Fintech, enterprise, consumer

Stage Focus: Seed

Check Size: US$0.3M-$2M

Location: Cupertino (backs Korea)

Website: bigbasincapital.com

6. SBVA

SBVA is a top Korean early-stage VC, once SoftBank's arm.

Recent Activity: Closed a US$150M Korea fund after rebranding in 2024

LinkedIn: SBVA LinkedIn

Sector Focus: AI, robotics, SaaS, healthtech

Stage Focus: Seed, Series A

Check Size: US$0.5M-$5M

Location: Seoul

Website: sbva.com

Share one link with every Seoul seed fund

Ellty shows when Kakao Ventures or SBVA opens your deck. Follow up with each fund at the right time.

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7. DSC Investment

DSC is a listed VC active across seed and Series A.

Recent Activity: Launched a ~US$204M fund in 2025, its largest

LinkedIn: DSC Investment LinkedIn

Sector Focus: ICT, deep tech, healthcare

Stage Focus: Seed, Series A

Check Size: US$0.5M-$5M

Location: Seoul

Website: dscinvestment.com

8. Schmidt Ventures

Schmidt is a DSC-backed seed micro-VC.

Recent Activity: DSC-backed seed fund; about 158 investments

Sector Focus: AI, deep tech, consumer

Stage Focus: Pre-seed, seed

Check Size: US$0.1M-$1M

Location: Seoul

Website: schmidt.kr

Naver D2SF is Naver's seed-stage venture arm.

Recent Activity: Backed 115+ startups since 2015 from Naver

Sector Focus: AI, robotics, healthcare

Stage Focus: Seed, early

Check Size: US$0.3M-$1.7M

Location: Seongnam / Seoul

Website: d2startup.com

10. FuturePlay

FuturePlay is a seed deep-tech VC and company builder.

Recent Activity: Named a top seed investor and TIPS operator

Sector Focus: Deep tech, robotics, healthtech

Stage Focus: Seed, Series A

Check Size: US$0.3M-$2M

Location: Seoul

Website: futureplay.co

11. Springcamp

Springcamp is a Naver-linked seed fund.

Recent Activity: Naver-linked seed fund; 260+ companies backed

Sector Focus: Early tech, consumer, gaming

Stage Focus: Pre-seed, seed

Check Size: US$0.2M-$1.5M

Location: Seoul

Website: springcamp.co

12. Z Venture Capital

ZVC is a Naver and LINE-backed seed-heavy CVC.

Recent Activity: Put 36 seed deals into its 2025 total

Sector Focus: Media, commerce, AI, deep tech

Stage Focus: Seed, early

Check Size: US$0.3M-$3M

Location: Tokyo / Seoul

Website: zvc.vc

13. Mirae Asset Venture

Mirae Asset Venture leads select Korean seed rounds.

Recent Activity: Led AI startup Dalpha's US$8.7M seed round

Sector Focus: AI, enterprise, healthcare

Stage Focus: Seed, Series A

Check Size: US$1M-$5M

Location: Seoul

Website: miraeassetventures.com

14. KB Investment

KB Investment is an active early-stage bank VC.

Recent Activity: An active seed and early-stage bank VC

Sector Focus: SaaS, fintech, deep tech

Stage Focus: Seed, Series A

Check Size: US$1M-$5M

Location: Seoul

Website: kbic.co.kr

15. Smilegate Investment

Smilegate Investment seeds AI and digital health.

Recent Activity: Seed-funded digital-therapeutics firm GemGem

Sector Focus: AI, edtech, healthcare, gaming

Stage Focus: Seed, early

Check Size: US$0.5M-$3M

Location: Seoul

Website: smilegate.com

16. Nextrans

Nextrans is a cross-border seed VC across Asia.

Recent Activity: Cross-border seed fund; backed Filum AI in 2025

Sector Focus: Fintech, proptech, SaaS, foodtech

Stage Focus: Seed

Check Size: Up to US$3M

Location: Seoul

Website: nextrans.co.kr

Korea's seed surge

Most Korean funding fell hard in 2024. Seed money was the exception.

Seed rounds grew while late stages shrank. Founders raised early and lean.

A lean raise stretches your runway further. It also keeps your cap table clean.

New seed funds keep entering the market. That widens your list of leads.

Many run on TIPS-matched state money. That gives them room to back early bets.

That makes a clean early story matter. New startups lean on seed funds.

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

Government money as LP

The state funds most Korean seed funds. It acts as a big LP here.

KVIC and public banks back these funds. That shapes how they invest.

Public LPs often favour Korea-rooted teams. Plan your story with that in mind.

A government LP adds stability too. These funds invest through down cycles.

It also means more reporting lines. Funds pass that diligence on to you.

Clean reporting keeps these funds happy. Tidy due diligence files help a lot.

Ellty shows who opened each file and when. You learn which fund is serious early.

From seed to a Series A

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

Korean Series A money is more cautious now. Strong metrics win the round.

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 between rounds. Reuse it when the next fund asks.

Read our due diligence timeline guide. Know what each stage will ask.

Watch for due diligence red flags early. Ellty logs who opened each file and when.

How to pitch a Seoul 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 today.
  2. 2.
    Bring a clean cap table and metrics.
    Tidy files speed the round, so have your numbers ready before the very first call.
  3. 3.
    Show why this market can get big.
    Seed funds need a large upside, so map the path from your wedge to a wide market.
  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 still high.

How Ellty helps you land a seed investor in Seoul

You've shortlisted your Seoul 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

Seoul seed investor questions

Who are the seed investors in Seoul?
Kakao Ventures, BonAngels, and SBVA lead. DSC and Strong Ventures back seed too.
How big is a seed cheque in Seoul?
Most run US$0.3M to US$5M in 2026. Deep-tech rounds can run larger.
Did Korean seed funding fall in 2024?
No, seed actually grew that year. Late-stage money fell instead.
Who backs Korean seed funds?
The state is a big LP here. KVIC and public banks fund them.
What do seed funds want to see?
Early proof, a team, and a market. A clean cap table and metrics.
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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