About KTB Network
KTB Network is a venture capital firm founded in 1981. It is primarily based out of Seongnam-si, South Korea. As of Jan 2023, KTB Network has invested in 57 companies. It primarily invests in Series B round in South Korea based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Life Sciences and High Tech. Most recently it participated in the $***** Series A round of Challengers Overall, KTB Network portfolio has seen 1 unicorn, 10 IPOs and 4 acquisitions including key companies like Grab, Toss and 42dot Technologies. A lot of funds co-invest with KTB Network, with names like Company K Partners sharing a substantial percentage of its portfolio. KTB Network has team of 28 people including 14 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series B, Series A & 3 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
KTB Network's List of Top Investments
KTB Network has a portfolio of 57 companies, one of which is a Unicorn. Their most notable investments are in Onul-Hoi and Geninus.Their portfolio spans across South Korea, China, United States and 6 more locations. They have invested in Enterprise Applications, Life Sciences, High Tech and 25 other sectors, across stages such as Series B, Series A and 3 more. Here is the list of top investments by KTB Network:1. Grab
Operator of a platform providing ride-hailing, food delivery, and payment services. The platform offers options for transportation, on-demand delivery, and various financial solutions. It facilitates connections between consumers, drivers, and merchants. The platform also provides tools and resources for business and enterprise clients.
Key facts about Grab
- Founded Year: 2012
- Location: Singapore (Singapore)
- Annual Revenue: SGD 1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $10.4B
- Employee Count: 56,187 as on May 31, 2026
- Investors: Glean Management, Toyota and 108 Others
- Latest Funding Round: Post IPO, Jul 27, 2021, $*****
- Highlight: Public
2. Respond.io
Developer of software for managing customer conversations across messaging channels. This platform unifies communication from various messaging applications and email into a single interface. It provides tools for lead capture, automated routing, and appointment scheduling. The system includes artificial intelligence agents to assist with customer inquiries and supports team collaboration through a shared inbox. Additional features include tools for sending promotional content, managing renewals, and conducting customer satisfaction surveys.
Key facts about Respond.io
- Founded Year: 2016
- Location: Kuala Lumpur (Malaysia)
- Stage: Series B
- Total Funding till date: $71.3M
- Employee Count: 197 as on May 31, 2026
- Investors: Camber, KTB Network and 9 Others
- Latest Funding Round: Series B, Jun 16, 2026, $*****
3. Toss
Provider of an app-based platform for banking investment and insurance management. It provides users with a platform that offers solutions such as money transfer, payment splitting, QR code scanning, card management, and more. It helps users check credit scores, credit payment status, and loan recommendations. It enables users to track income and expenses for financial reporting. It offers a multi-investment and portfolio management platform for real estate, stocks, bonds, mutual funds, and securities. The app is available for Android and iOS platforms.
Key facts about Toss
- Founded Year: 2011
- Location: Seoul (South Korea)
- Annual Revenue: $100M - $500M as on Dec 31, 2022
- Valuation: $*****
- Stage: Series G
- Total Funding till date: $1.25B
- Employee Count: 3,334 as on Jul 31, 2026
- Investors: Qualcomm Ventures, GIC and 42 Others
- Latest Funding Round: Series G, Dec 19, 2022, $*****
- Highlight: Editors' Pick
Developer of software-defined vehicle technology and autonomous mobility solutions. The company develops software-defined vehicles that can be updated like smartphones. It also builds data platforms connecting vehicle, road, and transportation data. The company aims to popularize autonomous mobility services through its integrated mobility platform. Furthermore, it creates autonomous electric vehicles using its software-defined vehicle technology.
Key facts about 42dot Technologies
- Founded Year: 2019
- Location: South Korea
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $130M
- Employee Count: 872 as on Jul 31, 2026
- Investors: SK, KTB Network and 16 Others
- Latest Funding Round: Series A, Nov 02, 2021, $*****
- Highlight: Acquired
5. Genedit
Developer of drug delivery system for genetic medicines. The company has developed a NanoGalaxy platform that contains non-viral, non-lipid, polymer nanoparticles to deliver genetic medicines to the needed tissue to treat disease.
Key facts about Genedit
- Founded Year: 2016
- Location: Berkeley (United States)
- Stage: Series B
- Total Funding till date: $93.5M
- Employee Count: 65 as on May 31, 2026
- Investors: Sequoia Capital, DCVC and 20 Others
- Latest Funding Round: Series B, Nov 20, 2024, $*****
- Highlight: Editors' Pick
KTB Network's Year-on-Year Investment Trends
KTB Network has invested in 57 companies over the last 25 years, with an average of 3 new investments annually in the last 10 years. Its most recent first time investment was in Challengers and most recent follow-on round was in VIRNECT.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 1 | 0 | 1 |
2022 | 3 | 1 | 4 |
2021 | 7 | 1 | 8 |
2020 | 7 | 1 | 8 |
2019 | 4 | 0 | 4 |
2018 | 3 | 3 | 6 |
2017 | 6 | 0 | 6 |
KTB Network's Investments by Stage
KTB Network has made 14 investments in Series B stage with an average round size of $18.2M, 13 investments in Series A stage with an average round size of $10.7M, 8 investments in Seed stage with an average round size of $4.66M, 3 investments in Series C stage with an average round size of $40.2M and 1 investment in Series D stage with an average round size of $24.6M.Stage of entry | No. of Investments |
|---|---|
Series B | 14 |
Series A | 13 |
Seed | 8 |
Series C | 3 |
Series D | 1 |
Note: We have considered here, only first round of investments
KTB Network's Investments by Sector
KTB Network has a diverse portfolio, with companies operating in the High Tech, Consumer, Life Sciences, Enterprise Applications and Retail. Notably, it has invested in 44 Tech companies, 31 Enterprise (B2B) companies, 25 Consumer (B2C) companies and at least 23 companies focusing on Software.Sector | No. of Investments |
|---|---|
High Tech | 11 |
Consumer | 10 |
Life Sciences | 10 |
Enterprise Applications | 9 |
Retail | 6 |
Others | 39 |
Note: We have considered here, only first round of investments
KTB Network's Investments by Geography
KTB Network has made most investments in South Korea (25), followed by United States where it has made 8 investments.Country | No. of Investments |
|---|---|
South Korea | 25 |
United States | 8 |
China | 2 |
India | 1 |
Indonesia | 1 |
Others | 3 |
Note: We have considered here, only first round of investments
KTB Network's recent investments
KTB Network has not made any investment in 2026 so far.Here are the most recent investments by KTB Network:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jan 11, 2023 | South Korea | Series A | 3412 | ||
Apr 04, 2022 | South Korea | Series D | 3235 | ||
Feb 03, 2022 | United States | Series A | 5416 | [+1] | |
Jan 26, 2022 | Indonesia | Series A | 4788 | [+7] | |
Jan 13, 2022 | South Korea | Series B | 5943 | [+4] |
Unicorns in KTB Network's Portfolio
KTB Network has 1 unicorn in its portfolio - Toss. The most recent unicorn in their portfolio is Toss which became a unicorn in 2018, 3 years after KTB Network first invested in it.Here is a list of unicorns in KTB Network's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
67 | Provider of an app-based platform for banking investment and insurance management | 2011 | Seoul | Series G | xmuuqr{ |
IPOs and Publicly Listed companies in KTB Network's Portfolio
10 of KTB Network's portfolio companies have become public. Orum Therapeutics got listed on the Korea Exchange (KRX), in Feb 2025 at marketcap of $290M and VIRNECT got listed on the Korea Exchange (KRX) at marketcap of $136M.Here are KTB Network's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 14, 2025 | Jul 17, 2019 | Series B | 5889 | |
Jul 26, 2023 | Sep 18, 2019 | Series A | 9275 | |
Nov 04, 2022 | May 2016 | Seed | 4373 | |
Dec 01, 2021 | - | - | 9024 | |
Nov 08, 2021 | Aug 12, 2020 | Series B | 7309 |
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Acquired companies in KTB Network's Portfolio
4 companies from KTB Network's portfolio have been acquired. The most recent acquisition was Missfresh.Here are KTB Network's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 23, 2022 | - | - | 4891 | |
Aug 15, 2022 | Jun 18, 2020 | Seed | 8311 | |
May 17, 2021 | Nov 2011 | Seed | 1455 | |
Dec 30, 2016 | - | - | 1954 |
Team profile of KTB Network
KTB Network has a team of 28 members including 14 Partners and 4 Principals located in South Korea and China. KTB Network's team sits on the board of 1 company.Here is a list of top team members in KTB Network:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | South Korea | - | - | |
Partner | South Korea | - | - | |
Partner | South Korea | - | - | |
Partner | South Korea | - | - | |
Partner | South Korea | - | - | |
Partner | South Korea | - | - | |
Partner | South Korea | - | - | |
Partner | South Korea | - | - | |
Partner | South Korea | - | - | |
Partner | Shanghai | - | - | |
Partner | Seoul | - |
Co-investors of KTB Network
Over the past 25 years, 359 investors have co-invested in KTB Network's portfolio companies. This includes funds and angels.
- Invested before KTB Network: SparkLabs, SK and 122 others have invested in rounds before KTB Network. There are 3 companies where SparkLabs has invested before KTB Network and 2 companies where SK has invested before KTB Network.
- Top Co-investors of KTB Network: 109 investors entered a company along with KTB Network. These include investors like Company K Partners (6 companies).
- Invested after KTB Network: A total of 126 investors have invested in KTB Network's portfolio after their investments. Top Investors include DSC Investment (5 companies), Korea Development Bank Europe (4 companies) and Korean Development Bank (4 companies).
Recent News related to KTB Network
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Lithium battery component company raises $11 million in Series A fundingOne News Page•Feb 07, 2022•Lotte Chemical, Soelect, GM Ventures, General Motors and 1 other
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GM invests in EV advanced battery startup SoelectPageOne•Feb 03, 2022•KTB Network, General Motors, Soelect, GM Ventures and 3 others
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CoLearn raises additional $17 mn in Series A follow-on funding roundBusiness Standard•Feb 03, 2022•Colearn, TNB Aura, KTB Network, Awi and 5 others
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Indonesia’s CoLearn bags more funding to wrap up $27m series ATech in Asia•Jan 26, 2022•CoLearn, TNB Aura, KTB Network, BINUS Higher Education and 10 others
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Korean blockchain firm gets $60m in series B fundingTech in Asia•Dec 16, 2021•Chong Kun Dang Pharmaceutical, Lambda256, Woori Technology Investment, Woori Technology and 8 others
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GenEdit Closes $ 26 Million Series Asvdaily.com•Sep 25, 2021•Genedit, Lilly, KTB Network, Company K Partners and 9 others
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GenEdit Announces Series A Financing and Provides Research Update at TIDES 2021Business Wire•Sep 23, 2021•Genedit, Lilly, KTB Network, Company K Partners and 9 others
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Dekoruma nets US$15M Series C to expand its experience centres beyond Jakartae27•Aug 24, 2021•Dekoruma, Nexter, KTB Network, OCBC NISP Ventura and 1 other
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