이 누리집은 대한민국 공식 전자정부 누리집입니다.
Biz News Korea(Eng)
Naver to invest another 100 mn euros in Europe startup fund
- Collected
- 2017.10.22
- Distributed
- 2017.10.24
- Source
- Go Direct
K-Fund 1 is managed by Korelya Capital, an investment firm set up by Fleur Pellerin, France’s first Korean-born minister, to help the internet giant discover global partners in new businesses.
The capital boost would double the size of the fund, which was launched in September 2016 with a starting capital of 100 million euros. The fund has so far invested in Devialet, a French high-end speaker developer; Snips, an AI voice recognition startup; JobTeaser, a job hunting platform; and AB Tasty, a user experience data analysis firm.
“We plan to build on this increased capital to expand investment beyond France to other countries throughout Europe,” said a Naver official. “K-Fund 1 will serve as a bridge to foster technology exchange of startups between Korea and Europe.”
The business of investing in European startups is overseen by Lee Hae-jin, founder and global investment officer of Naver.
Lee is said to have met with high-level officials in France, including Mounir Mahjoubi, the new digital minister, and Benjamin Griveaux, junior economy minister, to discuss market entry into new businesses
By Oh Chan-jong and Kim Hyo-jin
[ⓒ Pulse by Maeil Business News Korea & mk.co.kr, All rights reserved]