# HB Investment: portfolio, investments and team

> HB Investment is a vc firm based in South Korea. 76 investments on record, 8 in the last 12 months, latest Oct 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/hb-investment (Millionrounds; every figure on the page links to its filing or article)

South Korea · [Investor](https://millionrounds.com/investors)

# HB Investment

Last cheque observed Oct 2026; 76 cheques on record.

Deploying now New fund, Jul 2022 VC firm

Series B Series A Venture E-Commerce Marketing

Deploying now

**53%** of best year **8** **cheques in 12 months**, 76 on record

Since the last cheque **3** days **00** hrs **00** min **00** sec

Median round **$9.3M** Rounds led **0 of 76** Sole investor **16 rounds** Mostly in **South Korea, 75%**

Pitch HB Investment

## HB Investment highlights

- 01 8 cheques in the last 12 months
- 02 Mostly Series B and Series A: 59% of its rounds
- 03 Sole investor in 16 rounds, median $8.3M

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** E-Commerce Marketing
- **Based in:** South Korea
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **76 appearances**

- **2026** 4 rounds
- **Oct** **[Trior](https://millionrounds.com/company/trior)** Series C · KR · Wowtale **$25M** With 9 others
- **Mar** **[BOS Semiconductors](https://millionrounds.com/company/bos-semiconductors)** Series A · KR · KoreaTechDesk **$65M** With 4 others
- **Feb** **[SoVarGen](https://millionrounds.com/company/sovargen)** Growth **$8.5M** Sole investor
- **Feb** **[PersonaAI](https://millionrounds.com/company/personaai)** Grant **$7K** With 2 others
- **2025** 12 rounds
- **Dec** **[Typecast](https://millionrounds.com/company/typecast)** Venture · KR **$11M** With 1 other
- **Dec** **[HonestFund](https://millionrounds.com/company/honestfund)** Venture **$10M** With 2 others
- **Dec** **[AITRICS](https://millionrounds.com/company/aitrics)** Series C · KR **$24M** With 2 others
- **Dec** **[Paratax Korea](https://millionrounds.com/company/paratax-korea)** **$10M** With 1 other
- **Oct** **[Driving Teacher](https://millionrounds.com/company/driving-teacher)** Series A **$2.0M** With 3 others
- **Jul** **[Go2Joy](https://millionrounds.com/company/go2joy)** Venture **Undisclosed** With 1 other
- **Jul** **[Robros](https://millionrounds.com/company/robros)** Series A **$2.9M** With 1 other
- **Jul** **[Okxe](https://millionrounds.com/company/okxe)** Series A **$14M** With 4 others
- **Jun** **[Big Value](https://millionrounds.com/company/big-value)** Series B **$3.7M** With 3 others
- **Apr** **[INTAKE foods](https://millionrounds.com/company/intake-foods)** Series C **$9.2M** With 3 others
- **Jan** **[LIVEKLASS](https://millionrounds.com/company/liveklass)** Series A **$678K** Sole investor
- **Jan** **[ProtoPie](https://millionrounds.com/company/protopie)** Series B · KR **$21M** With 3 others
- **2024** 14 rounds
- **Dec** **[Dnotitia](https://millionrounds.com/company/dnotitia)** Seed **$15M** With 3 others
- **Nov** **[Novelty Nobility](https://millionrounds.com/company/novelty-nobility)** Series C · KR **$17M** With 3 others
- **Oct** **[Lucas](https://millionrounds.com/company/lucas)** Series B **$5.3M** With 3 others
- **Oct** **[Enterobiome](https://millionrounds.com/company/enterobiome)** Series C **$8.1M** With 1 other
- **Sept** **[Oncosoft](https://millionrounds.com/company/oncosoft)** Series B **$8.2M** With 3 others
- **Sept** **[PGT](https://millionrounds.com/company/pgt)** Series D **$30M** With 2 others
- **Sept** **[Unastella](https://millionrounds.com/company/unastella)** Series A · KR **$15M** With 3 others
- **Jul** **[Ground Seesaw](https://millionrounds.com/company/ground-seesaw)** Series A **$8.0M** Sole investor
- **Jul** **[Kreators Network](https://millionrounds.com/company/kreators-network)** Series A **$2.5M** Sole investor
- **Apr** **[Doongji](https://millionrounds.com/company/doongji)** Series A **$1.5M** With 3 others
- **Mar** **[Dabeeo](https://millionrounds.com/company/dabeeo)** Series B · KR **$5.9M** With 2 others
- **Feb** **[ProxiHealthcare USA](https://millionrounds.com/company/proxihealthcare-usa)** Venture **Undisclosed** With 3 others
- **Feb** **[Siksin](https://millionrounds.com/company/siksin)** Venture **$2.3M** Sole investor
- **Jan** **[HMC Networks](https://millionrounds.com/company/hmc-networks)** Series B **$3.0M** With 2 others
- **2023** 12 rounds
- **Dec** **[ONHEAL](https://millionrounds.com/company/onheal)** Series B **$15M** With 2 others
- **Oct** **[CellBion](https://millionrounds.com/company/cellbion)** Venture **$5.9M** With 1 other
- **Oct** **[Tentech](https://millionrounds.com/company/tentech)** Venture **$2.2M** Sole investor
- **Sept** **[Bbodek](https://millionrounds.com/company/bbodek)** Series B **$14M** With 1 other
- **Jul** **[Common Computer](https://millionrounds.com/company/common-computer)** Series B · KR **$6.3M** With 3 others
- **Jul** **[DOF](https://millionrounds.com/company/dof)** Series B **$12M** Sole investor
- **Jul** **[everon](https://millionrounds.com/company/everon)** Series B · CH **$40M** With 3 others
- **May** **[Value.Space](https://millionrounds.com/company/value-space)** Seed · EE **$2.3M** With 3 others
- **Mar** **[Birdview](https://millionrounds.com/company/birdview)** Venture **$15M** With 2 others
- **Feb** **[Mangrove](https://millionrounds.com/company/mangrove)** Series B · US **$10M** With 1 other

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

New fund on file

**Raised**

a new fund in Jul 2022

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Series B Series A Venture

Median round joined **$9.3M** the round, not its cheque Alone, median **$8.3M**

Led 0 of 76 rounds **0%**

- **Sole investor:** 16 rounds
- **Last cheque:** Oct 2026

Rounds by stage said on their site

- Series B *27*
- Series A *16*
- Venture *13*
- Series C *10*
- Seed *4*
- Growth *3*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Korea Tech Incubator Program For Startup](https://millionrounds.com/fund/tips-program) 21
- [KB Investment](https://millionrounds.com/fund/kb-investment) 13
- [Korea Development Bank](https://millionrounds.com/fund/korea-development-bank) 8
- [BonAngels Venture Partners](https://millionrounds.com/fund/bon-angels) 6
- [Korea Investment Partners](https://millionrounds.com/fund/korea-investment-partners) 6
- [Mirae Asset Venture Investment](https://millionrounds.com/fund/mirae-asset-venture-investment) 6

**Pitching HB Investment?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as HB Investment. A count of rooms they were both in, not a relationship either has claimed.

[**Korea Tech Incubator Program For Startup** Government **21** rounds together](https://millionrounds.com/fund/tips-program)[**KB Investment** VC firm **13** rounds together](https://millionrounds.com/fund/kb-investment)[**Korea Development Bank** Government **8** rounds together](https://millionrounds.com/fund/korea-development-bank)[**BonAngels Venture Partners** Accelerator **6** rounds together](https://millionrounds.com/fund/bon-angels)[**Korea Investment Partners** VC firm **6** rounds together](https://millionrounds.com/fund/korea-investment-partners)[**Mirae Asset Venture Investment** Fund of funds **6** rounds together](https://millionrounds.com/fund/mirae-asset-venture-investment)[**Premier Partners** VC firm **6** rounds together](https://millionrounds.com/fund/premier-partners)[**B Capital** VC firm **5** rounds together](https://millionrounds.com/fund/b-capital)[**Hana Ventures** Corporate VC **5** rounds together](https://millionrounds.com/fund/hana-ventures)[**IMM Investment** VC firm **5** rounds together](https://millionrounds.com/fund/imm-investment-corp)[**Capstone Partners** VC firm **4** rounds together](https://millionrounds.com/fund/capstone-partners-co-ltd)[**Lotte Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/lotte-ventures)

## Recently backed

The latest companies HB Investment put money into.

[**BOS Semiconductors** $65M · Mar 2026](https://millionrounds.com/company/bos-semiconductors)[**PersonaAI** $7K · Feb 2026](https://millionrounds.com/company/personaai)[**AITRICS** $24M · Dec 2025](https://millionrounds.com/company/aitrics)[**Go2Joy** Jul 2025](https://millionrounds.com/company/go2joy)[**Robros** $2.9M · Jul 2025](https://millionrounds.com/company/robros)[**LIVEKLASS** $678K · Jan 2025](https://millionrounds.com/company/liveklass)

## Quick answers about HB Investment

### What does HB Investment invest in?

HB Investment invests most often at Series B and Series A (59% of the rounds on record), in sectors such as E-Commerce and Marketing.

### How active is HB Investment?

76 investments on record, 8 of them in the last 12 months. The most recent was in Oct 2026.

### What has HB Investment invested in recently?

Its most recent investments on record: Trior (Series C, Oct 2026), BOS Semiconductors (Series A, Mar 2026) and SoVarGen (Growth, Feb 2026).

### How big are HB Investment's cheques?

The median round it joins is $9.3M.

### Does HB Investment lead rounds?

Rarely, if at all: none of its 76 investments on record names it as the lead.

### Where does HB Investment invest?

Most of the companies it backs are in South Korea (75%), Switzerland (8%) and Estonia (8%).

### Is HB Investment investing now?

Yes: it is actively investing, with 8 investments in the last 12 months.

### Who does HB Investment invest alongside?

Most often Korea Tech Incubator Program For Startup (21 rounds together), KB Investment (13 rounds together) and Korea Development Bank (8 rounds together).

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