Korea Development Bank

Korea Development Bank is an investment firm.

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Updated: Mar 14, 2026 ·

About

Established in 1954, Korea Development Bank (KDB) is a state-owned financial institution headquartered in Seoul, South Korea. From its inception, KDB has served as a pivotal policy bank, instrumental in driving the nation's economic progress. Its historical mission has been to provide essential financing for major industrial projects, thereby contributing to Korea's sustainable growth and industrialization.

Financial History

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Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Feb 9, 2026	Galux	$29.0M Series B	Dayli Partners, InterVest Co.	Korea Investment & Securities, Mirae Asset Securities, NCore Ventures, Pathway Partners, SL Investment, Snickpick Investment, Yuanta Investment

Financial History

Total Raised

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Valuation

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Deep Dive

Today, KDB continues its role as a policy bank, focusing on strategic financing initiatives that support critical sectors of the Korean economy. The bank engages in pre-emptive capital injections to facilitate policy financing, ensuring that vital industries receive the necessary resources for development and expansion. This ongoing commitment underpins its position at the forefront of Korea's economic advancement.

Beyond its direct policy financing activities, KDB extends its influence through specialized investment arms. KDB Silicon Valley LLC, a venture capital subsidiary, was established to lead innovation through targeted investment activities. This entity focuses on identifying and supporting emerging technologies and innovative companies, aligning with KDB's broader goal of fostering economic dynamism.

Another key subsidiary is KDB Investment, a wholly-owned private equity firm. KDB Investment is dedicated to promoting and advancing the interests of companies by providing capital and strategic support. Through these diverse investment vehicles, Korea Development Bank actively contributes to the growth and stability of both established enterprises and nascent ventures within the Korean market.

Sources

Frequently Asked Questions

How does Korea Development Bank contribute to innovation and company growth?

KDB contributes through its subsidiaries, such as KDB Silicon Valley LLC, a venture capital firm focused on innovation, and KDB Investment, a private equity firm dedicated to promoting and advancing the interests of companies.

Frequently Asked Questions

How does Korea Development Bank contribute to innovation and company growth?