When was Korean Development Bank founded?

Korean Development Bank was founded in 1954 and raised its 1st funding round 64 years after it was founded.

Where is Korean Development Bank located?

Korean Development Bank is headquartered in Seoul, South Korea.

Is Korean Development Bank a funded company?

Korean Development Bank is a funded company, having raised an undisclosed amount across 6 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round, raised on May 29, 2018.

When was the latest funding round of Korean Development Bank?

Korean Development Bank's latest funding was a $***** Conventional Debt round on Oct 21, 2020, with participation from 0 investor.

Where does Korean Development Bank rank among its competitors?

Korean Development Bank ranks 9th amongst 32 active competitors, none of which are funded.

Who are the top competitors of Korean Development Bank?

Korean Development Bank's top competitors include Bank of America, Scotiabank and KB Kookmin Bank. Among them, Bank of America secured the most recent funding round in April, 2025.

Korean Development Bank - 2026 Company Profile, Funding & Competitors

Company Details

Website: kdb.co.kr
Social
Phone Number: +82 **********

Key Metrics

Founded Year

1954

Location

Seoul, South Korea

Stage

Funding Raised

Latest Funding Round

Conventional Debt, Oct 21, 2020, $*****

Investors

SJL Partners & 4 more

Ranked

9^th among 32 active competitors

Investment & Acquisitions

AB180 & 162 more

Similar Companies

BMO & 19935 more

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Korean Development Bank has raised funding over 6 rounds. Its first funding round was on May 29, 2018. Korean Development Bank has 5 institutional investors.

Here is the list of recent funding rounds of Korean Development Bank:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 21, 2020	6257634	Conventional Debt	6140874	7564246	4112288	3362996
Apr 24, 2020	4165143	Conventional Debt	7991688	8865997	7860285	9499491
Feb 12, 2020	3228439	Conventional Debt	6464621	3243217	8173559	4933534

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Top competitors of Korean Development Bank include Bank of America, Scotiabank and KB Kookmin Bank. Here is the list of Top 10 competitors of Korean Development Bank, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Bank of America 1998, Charlotte (United States), Public	Commercial bank and asset management firm	-	Berkshire Hathaway, Black Capital Investments ... & 5 others	78/100
2nd	Scotiabank 1832, Toronto (Canada), Public	Commercial bank	-	Seaside Private Capital, Colpatria	75/100
3rd	KB Kookmin Bank 1963, Seoul (South Korea), Funding Raised	Fund of funds focused on multiple sectors	-	-	71/100
4th	Industrial Bank of Korea 1961, Seoul (South Korea), Public	Provider of banking, foreign exchange, and financial management services	-	-	69/100
5th	Woori Bank 1899, Seoul (South Korea), Public	Commercial bank	-	SJL Partners, IMM Holdings	68/100
6th	UniCredit 1998, Milan (Italy), Public	Commercial bank	-	B Capital Fund, Mubadala & 3 others	65/100
7th	KEB Hana Bank 2015, Seoul (South Korea), Public	Commercial bank	-	SJL Partners	62/100
8th	Shinhan Bank 1982, Seoul (South Korea), Funding Raised	Commercial bank	-	SJL Partners	60/100
9th	Korean Development Bank 1954, Seoul (South Korea), Funding Raised	Commercial bank	-	SJL Partners, KTB Investment & Securities ... & 3 others	58/100
10th	Busan Bank 1967, Busan (South Korea), Funding Raised	Commercial bank	-	SJL Partners	55/100

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Korean Development Bank has made 162 investments in companies including AB180 and Recell. Korean Development Bank has also acquired 1 companies including Tifa Finance.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jul 03, 2026	Investments	AB180	2015	Seoul (South Korea)
Jun 19, 2026	Investments	Recell		-
Jun 09, 2026	Investments	Perseus	2017	Seoul (South Korea)

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Here is the latest report on Korean Development Bank's geography:

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South Korea Tech Annual Funding Report

Edition: 2025 (44 Pages)

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Media has covered Korean Development Bank for a total of 53 events in the last 1 year, 5 of them have been about company updates and 2 about partnerships.