Korean Sovereign Fund to Launch in June, Targeting Series B Semiconductor Startups

A Korean-style sovereign fund is expected to launch in June with an investment focus on innovative startups at Series B stage or beyond. Deputy Prime Minister Koo Yun-cheol has called for investment in innovative companies, while semiconductor and AI firms such as Rebellions and FuriosaAI are being mentioned as possible first investment targets. The direction centers on supplying capital to domestic deep-tech companies that have entered a growth phase and strengthening technological competitiveness. A related “K” project linked to the Solaseado data center in Haenam was also cited. Specific targets and investment amounts are expected to be detailed after the fund begins operations. Source: mk.co.kr