LB Investment's stake in portfolio company Elice jumped roughly 18x ahead of an anticipated IPO, with its promising venture fund extended one year to support remaining portfolio exits.
LB Investment portfolio company AD System, a defense firm specializing in small stealth UAVs, attracted KRW 13bn in a Series A round to scale mass production.
LB Investment has created 15 unicorns including Musinsa, HYBE, Krafton, Kakao Games, Zigbang, and Ably. Elice Group passed KOSDAQ preliminary review. Target: KRW 5 trillion AUM and 10 decacorns by 2036.
LB Investment created 15 unicorns, now pursuing secondary and overseas investments
LB Investment is an investor in XCENA, a CXL-based memory semiconductor fabless featured among NVIDIA-backed Korean semiconductor startups and added to LB's portfolio showcase.
LB Investment participated, with IMM Investment, Intervest and Smilegate, in MODHAUS's KRW 21bn Series B round; MODHAUS is the fan-participation K-pop entertainment company behind tripleS.