About JB Ventures
JB Ventures is a venture capital firm located in Seoul, South Korea. As of Mar 2024, JB Ventures has invested in 19 companies. It primarily invests in Seed round in South Korea based startups. Its investments are spread across a wide range of sectors from Consumer to High Tech and EdTech. Most recently it participated in the $***** Seed round of Insera Solutions Tech Incubator Program for Startup co-invest with JB Ventures, sharing a substantial percentage of its portfolio. JB Ventures has team of 9 people including 3 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Locations
Rounds of Entry
Seed
JB Ventures' List of Top Investments
JB Ventures has a portfolio of 19 companies. Their most notable investments are in Cashmallow and HayanMind.Their portfolio spans across and South Korea. They have invested in Consumer, High Tech, EdTech and 15 other sectors, across stages such as Seed stage. Here is the list of top investments by JB Ventures:1. Naver
Provider of a keyword based search engine platform. The platform enables users to search for various information by providing keywords. Also, users can get daily news, weather forecasts, entertainment data, and more. It also offers other solutions such as communication and online shopping.
Key facts about Naver
- Founded Year: 1999
- Location: Seongnam-si (South Korea)
- Stage: Funding Raised
- Investors: Shield Investment, Partners Investment and 8 Others
2. Cashmallow
CashMallow provides an app-based platform for foreign currency exchange services. It enables travelers to buy and sell currencies. It enables users to withdraw foreign currencies through QR code scanning. The app is available for Android and IOS platforms.
Key facts about Cashmallow
- Founded Year: 2016
- Location: Seoul (South Korea)
- Stage: Series A
- Total Funding till date: $1.67M
- Employee Count: 7 as on Jul 31, 2026
- Investors: Daekyo Investment, Hi Investment and 3 Others
- Latest Funding Round: Series A, Feb 14, 2022, $*****
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3. HayanMind
Provider of video-based language learning apps. It provides video lessons based on drama, movies, and documentaries for listening and speaking skills in foreign languages. It also provides listening quizzes, speaking practice, and a native speaker's explanation. The app is available for Android and iOS users.
Key facts about HayanMind
- Founded Year: 2017
- Location: Daejeon (South Korea)
- Stage: Seed
- Employee Count: 14 as on Jul 31, 2026
- Investors: Mega Investment, Tech Incubator Program for Startup and 2 Others
- Latest Funding Round: Seed, Jun 14, 2021, $*****
- Highlight: Editors' Pick

4. Ujudoit
AI-based gamified healthcare service for school-aged children and adolescents. The company offers an AI-powered health management app that provides personalized missions such as exercise, nutrition, and sleep services for children and parents.
Key facts about Ujudoit
- Founded Year: 2021
- Location: Seoul (South Korea)
- Stage: Funding Raised
- Investors: JB Ventures

5. RGT
Provider of AI-powered autonomous service robots. It offers solutions for delivering food and beverages from the kitchen to the tables of the customers by autonomous driving.
Key facts about RGT
- Founded Year: 2018
- Location: Daejeon (South Korea)
- Stage: Funding Raised
- Employee Count: 12 as on Apr 30, 2026
- Investors: JB Ventures
JB Ventures' Year-on-Year Investment Trends
JB Ventures has invested in 19 companies over the last 5 years, with an average of 0 new investment annually in the last 5 years. Its most recent first time investment was in Insera Solutions.JB Ventures' Investments by Stage
JB Ventures has made 3 investments in Seed stage with an average round size of $225K.JB Ventures' Investments by Sector
JB Ventures has a diverse portfolio, with companies operating in the Aerospace, Maritime and Defense, EdTech, FinTech and Sustainability Tech. Notably, it has invested in 15 Tech companies, 12 Consumer (B2C) companies, 6 Software companies and at least 4 companies focusing on Enterprise (B2B).Sector | No. of Investments |
|---|---|
Aerospace, Maritime and Defense | 1 |
EdTech | 1 |
FinTech | 1 |
Sustainability Tech | 1 |
Note: We have considered here, only first round of investments
JB Ventures' Investments by Geography
JB Ventures has made most investments in South Korea (3).JB Ventures' recent investments
JB Ventures has not made any investment in 2026 so far.Here are the most recent investments by JB Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 19, 2024 | South Korea | Seed | 1782 | - | |
Jun 14, 2021 | South Korea | Seed | 6625 | ||
Apr 15, 2021 | South Korea | Seed | 3221 | - |
Team profile of JB Ventures
JB Ventures has a team of 9 members including 3 Partners. JB Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in JB Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | - | - | - | |
Partner | - | - | - | |
Partner | - | - | - |
Co-investors of JB Ventures
Over the past 5 years, 3 investors have co-invested in JB Ventures's portfolio companies. This includes only funds.
- Top Co-investors of JB Ventures: Tech Incubator Program for Startup entered a company along with JB Ventures.
- Invested after JB Ventures: Daekyo Investment (1 company) and SJ Investment Partners (1 company) are the investors which have invested in JB Ventures's portfolio after their investments.
Recent News related to JB Ventures
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IBK Changgong Daejeon 5th Insera Solution attracts seed round investmentStartupn•Mar 19, 2024•Ibkchanggong, JB Ventures, Wowtale
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JB Ventures, final selection for ‘Korea Venture Investment Fund of Fund 1st Investment Project’Venture Square•Sep 13, 2023•JB Ventures,
