Lighthouse Invest Forms 70 Billion Fund With 17 Mid-sized Companies I…

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작성일 23-05-30 15:26

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Lighthouse Invest has formed an open innovation fund worth 70 billion won with 17 mid-sized companies participating as investors.

 

On April 31, Lighthouse Invest held a general meeting to form the "CVC Scale-Up Open Innovation Fund" and started operating it. The Korea Industrial Technology Promotion Agency and the Korea Development Bank invested 20 billion won and 15 billion won, respectively, while 17 mid-sized companies in a wide range of industries, including shipbuilding, automobiles, materials, smart factories, and media, joined hands with Lighthouse Invest to invest 35 billion won.

 

The open innovation fund is the second of its kind after 15 mid-sized companies and the Korea Development Bank joined as investors in 2017. Lighthouse Invest plans to invest in future mobility and future industries linked to existing manufacturing industries such as green energy, robotics and aerospace through new funds.