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§ Venture Capital · Seoul, South Korea
NAVER D2SF serves as the corporate venturing arm of South Korean tech conglomerate NAVER, specializing in fostering sustainable growth through collaboration and strategic investments in early-stage startups. This entity focuses on supporting companies developing technologies in high-growth areas such as artificial intelligence, robotics, spatial computing, mobility, and healthcare, identifying potential based on problem-solving value, technological promise, and team strength rather than immediate metrics.
Established in 2015, NAVER D2SF was founded with a mindset akin to a startup itself, operating under the broader technological vision of D2 (For Developers, By Developers) from its parent company. NAVER, founded in 1999, holds a significant position as South Korea's leading search engine and has diversified into various sectors. D2SF's inception reflects an insight into cultivating a robust ecosystem by directly engaging with and nurturing emerging technological ventures.
The beneficiaries of NAVER D2SF's efforts are early-stage technology startups seeking both financial backing and strategic partnership. Its long-term vision is centered on creating profound synergies that extend beyond mere financial returns, engaging in joint research, sharing market insights, and forming alliances to expand into new markets. NAVER D2SF aims to be a trusted partner, empowering entrepreneurs to transform their technological potential into impactful realities.
Naver Fund has 1 tracked investment across 1 company. The latest tracked deal is $9.0M Series B in Lemon Healthcare in July 2019.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jul 1, 2019 | Lemon Healthcare | $9.0M Series B | — | Korea Development Bank, Shinhan Capital, Shinhan Financial Group, Shinhan Securities |