RE: ASCO and Private Equity30 May 2024 17:44
Samsung Venture Investment Corporation,
Shinhan Venture Investment,
Smilegate Investment,
Shinhan Investment
Corporation,
Kolon Investment,
Stonebridge Ventures,
Gyeongnam Venture Investment.
All these funds have Billions invested in start up and emerging technology.
They all invested in Affyxell and will have done their DD on Avacta.
I wouldn’t be surprised if one of these funds takes a stake in Avacta and Pre/Cision.
Samsung Venture Investment Corporation is headquartered in Seoul and has a strong presence in the world's innovation hubs across the United States, Europe, Israel, India, China, and Japan. SVIC backs emerging technology startup founders, whom we believe will pioneer and shape the future.
Their fund is worth 3.5 billion KRW about £2 billion pounds.