Gyeongnam Venture Investment
Changwon venture capital firm backing early-stage startups in Gyeongnam and Korea's southeast.
🇰🇷 Changwon, Gyeongsangnam-do · Founded 2019
Seed to Series B·Leads or follows
Gyeongnam Venture Investment (GNVI, 경남벤처투자) is a venture capital firm in Changwon, South Korea. It was founded in September 2019 as the first venture capital company in Gyeongnam province, set up by a partnership of public bodies, private companies and banks. Shareholders include Daehan Steel, NH Nonghyup Bank, Gyeongnam Bank, the Gyeongnam Creative Economy Innovation Center and the Changwon Chamber of Commerce. It invests mostly at Pre-A and Series A, and puts about 70% of its fund money into companies based in Gyeongnam.
What they invest in
We find promising companies with expertise and technology, and we advise them across their management. We will do our best to give venture companies the growth momentum they need to become unicorns.
- Stage
- Seed to Series B
- Role in a round
- Leads or follows
- Fund
- Gyeongnam-Now Regional Innovation fund, formed Nov 2025; 9 funds in total
- Closed 2025
- Manufacturing materials
- Bio & healthcare
- ICT & smart city
- Water industry
- Smart farming
- South Korea
- Gyeongnam (Gyeongsangnam-do)
- Southeast Korea (Busan, Ulsan, Gyeongnam)
How to pitch
Openfor introduces founders whose company fits the criteria above.
Portfolio
PitchBook counts 35 investments in 28 companies since 2019, with 5 exits. The VC shows mostly Series A and Pre-A rounds, led by manufacturing, then biotech and healthcare, and environment and energy. About 70% of its fund money goes to companies in Gyeongnam.
Some of the companies they have backed
The portfolio at a glance · 16 companies · 2022–2026 · 2 exits
Sectors
- Electrical equipment6%
- Materials6%
- Medical records6%
- Robotics6%
- Other6%
Stage when they invested
- Seed13%
- Series A25%
- Series B6%
16 companies named in PitchBook, CB Insights, Caplight, Fundable and press, as of Oct 2026. Databases count 28. The firm's own portfolio page could not be read.
Co-investors and partners
Funds that invested in the same rounds.
