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Hanwha Next Generation Opportunity Fund I LP is a San Francisco, California-based pooled investment fund focusing on venture and growth-stage investments. As a limited partnership, the fund aims to identify and develop high-quality global investment assets, aligning with parent Hanwha Group's broader strategy in aerospace, green energy, and digital finance solutions. As of its May 2, 2023 SEC filing, the fund reported $0 incremental cash, indicating it had yet to sell investments. Key leadership includes executives Dong Jun Im, Yun Tek Jung, and Dong Young Kim, with Hanwha USA Partners I GP LLC serving as the general partner. Backed by Hanwha Group, led by Chairman Seung Youn Kim, the fund was established in 2023 as part of the group's venture investment initiatives.
Hanwha Next Generation Opportunity Fund has 1 tracked investment across 1 company. The latest tracked deal is $21.0M Series A in Elo Life Systems in January 2024.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jan 1, 2024 | Elo Life Systems | $21.0M Series A | Kiersten Stead, Kartik Dharmadhikari, Novo Holdings | Dcvc (data Collective), Dimension Capital, AccelR8, Alexandria Venture Investments |