About LG Technology Ventures
LG Technology Ventures is a venture capital firm founded in 2018. It is primarily based out of Santa Clara, United States. As of Aug 2026, LG Technology Ventures is an active investor, having invested in 78 companies, with 11 new investments in the last 12 months. It primarily invests in Series B round in United States based startups. Its investments are spread across a wide range of sectors from High Tech to Enterprise Applications and Auto Tech. Most recently it participated in the $***** Series C round of Zenity Overall, LG Technology Ventures portfolio has seen 10 unicorns, 4 IPOs and 7 acquisitions including key companies like Deel, ElevenLabs and Genspark. A lot of funds co-invest with LG Technology Ventures, with names like Iconiq Capital sharing a substantial percentage of its portfolio. LG Technology Ventures has team of 17 people including 3 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series B, Series A & 3 more
Portfolio IPOs
Portfolio Soonicorns
Deals in last 12 months
LG Technology Ventures' List of Top Investments
LG Technology Ventures has a portfolio of 78 companies, including 10 unicorns. Their most notable investments are in Aurora Labs and 4DReplay.Their portfolio spans across United States, Israel, Canada and 4 more locations. They have invested in High Tech, Enterprise Applications, Auto Tech and 25 other sectors, across stages such as Series B, Series A and 3 more. Here is the list of top investments by LG Technology Ventures:
1. Deel
Provider of software for payroll compliance and human resource management. This platform facilitates the administration of worker compensation, tax documentation, and benefit enrollment. It supports the management of employment contracts, visa processing, and equipment distribution for personnel. The system integrates payroll engines with automated workflows to handle recurring payments and regulatory requirements across various jurisdictions.
Key facts about Deel
- Founded Year: 2019
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $986M
- Employee Count: 9,691 as on Jun 30, 2026
- Investors: Mubadala, Green Sands Equity and 55 Others
- Latest Funding Round: Series E, Oct 16, 2025, $*****
- Highlight: Editors' Pick

2. ElevenLabs
AI platform for speech, voice cloning, music, and AI agents. It provides tools for creating realistic speech, converting text to natural-sounding audio, cloning voices, generating music and sound effects, and building conversational AI agents. It serves developers, enterprises, and creators through APIs and integrated products designed for applications such as content production, customer support automation, media localization, and interactive AI experiences.
Key facts about ElevenLabs
- Founded Year: 2022
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $822M
- Employee Count: 1,060 as on Jun 30, 2026
- Investors: Salesforce Ventures, Bond Capital and 50 Others
- Latest Funding Round: Series D, Jun 17, 2026, $*****
- Highlight: Editors' Pick
3. Genspark
Provider of AI-powered productivity and workspace solutions. It automate knowledge work through intelligent agents, multi-model AI orchestration, and autonomous content generation tools. It combines web search, data collection, intelligent processing, and AI-generated outputs into a unified workspace powered by multi-agent artificial intelligence systems. Its solutions enable users to create presentations, spreadsheets, documents, applications, and business workflows through natural language prompts while integrating technologies from leading AI ecosystems.
Key facts about Genspark
- Founded Year: 2023
- Location: Palo Alto (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $645M
- Employee Count: 143 as on Mar 31, 2026
- Investors: Emergence Capital, Sozo Ventures and 11 Others
- Latest Funding Round: Series B, Jun 11, 2026, $*****
- Highlight: Editors' Pick
4. Airalo
Operator of eSIM stores intended to provide connectivity to travellers. It allows users to select local, regional, or global prepaid eSIM plans for mobile data, calls, and text services. It is available on both Android and iOS devices.
Key facts about Airalo
- Founded Year: 2019
- Location: Delaware (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $287M
- Employee Count: 386 as on May 31, 2026
- Investors: Liberty Global, Peak XV Partners and 20 Others
- Latest Funding Round: Series C, Jul 10, 2025, $*****
- Highlight: Editors' Pick
5. Cresta
Developer of a platform providing real-time intelligence for contact center operations. The platform offers AI agent assistance, conversation intelligence, and automation discovery. It helps businesses improve sales, customer care, retention, and collections. The platform integrates into existing environments and offers security and data privacy.
Key facts about Cresta
- Founded Year: 2017
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $282M
- Employee Count: 738 as on Jun 30, 2026
- Investors: Allen & Company, Workday Ventures and 29 Others
- Latest Funding Round: Series D, Nov 19, 2024, $*****
- Highlight: Editors' Pick
LG Technology Ventures' Year-on-Year Investment Trends
LG Technology Ventures has invested in 78 companies over the last 8 years, with an average of 8 new investments annually in the last 5 years. In 2025, it made 11 investments, while as of Aug 2026, it has made 9 investments in this year. Its most recent first time investment was in Zenity and most recent follow-on round was in Genspark.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 8 | 1 | 9 |
2025 | 10 | 1 | 11 |
2024 | 7 | 2 | 9 |
2023 | 8 | 4 | 12 |
2022 | 7 | 2 | 9 |
2021 | 6 | 0 | 6 |
2020 | 6 | 1 | 7 |
2019 | 7 | 0 | 7 |
2018 | 3 | 0 | 3 |
LG Technology Ventures' Investments by Stage
LG Technology Ventures has made 22 investments in Series B stage with an average round size of $94M, 21 investments in Series A stage with an average round size of $23.3M, 8 investments in Seed stage with an average round size of $8.83M, 7 investments in Series C stage with an average round size of $82.4M and 4 investments in Series D stage with an average round size of $98.1M.Stage of entry | No. of Investments |
|---|---|
Series B | 22 |
Series A | 21 |
Seed | 8 |
Series C | 7 |
Series D | 4 |
Note: We have considered here, only first round of investments
LG Technology Ventures' Investments by Sector
LG Technology Ventures has a diverse portfolio, with companies operating in the High Tech, Enterprise Applications, Consumer, Energy Tech and Sustainability Tech. Notably, it has invested in 75 Tech companies, 64 Enterprise (B2B) companies, 49 Software companies and at least 21 companies focusing on Saas.Sector | No. of Investments |
|---|---|
High Tech | 39 |
Enterprise Applications | 31 |
Consumer | 15 |
Energy Tech | 11 |
Sustainability Tech | 11 |
Others | 89 |
Note: We have considered here, only first round of investments
LG Technology Ventures' Investments by Geography
LG Technology Ventures has made most investments in United States (51), followed by Israel where it has made 5 investments.Country | No. of Investments |
|---|---|
United States | 51 |
Israel | 5 |
Canada | 3 |
China | 1 |
Japan | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
LG Technology Ventures' recent investments
LG Technology Ventures has made 9 investments in 2026 so far. Zenity and Spectro Cloud are the latest among them.Here are the most recent investments by LG Technology Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 03, 2026 | Israel | Series C | 8204 | [+7] | |
Jul 15, 2026 | United States | Series D | 5278 | [+3] | |
Jul 07, 2026 | United States | Series D | 4805 | [+13] | |
May 06, 2026 | United States | Series A | 7912 | [+6] | |
Apr 30, 2026 | United States | Seed | 5986 |
Unicorns in LG Technology Ventures' Portfolio
LG Technology Ventures has 10 unicorns in its portfolio - Genspark, Airalo, Poolside and others. The most recent unicorn in their portfolio is Genspark. It became a unicorn in 2025.Here is a list of unicorns in LG Technology Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
74 | Provider of AI-powered productivity and workspace solutions | 2023 | Palo Alto | Series B | lacdpnc | ||
73 | Operator of eSIM stores intended to provide connectivity to travellers | 2019 | Delaware | Series C | dws{z{g | ||
59 | Developer of artificial intelligence models and systems for software engineering | 2023 | San Francisco | Series B | otvg{jd | ||
72 | Online platform offering a user-generated metaverse with blockchain games for creative and immersive gaming experiences | 2018 | Hong Kong | Series B | zaewbl{ | ||
77 | AI platform for speech, voice cloning, music, and AI agents | 2022 | New York City | Series D | pmhboft |
IPOs and Publicly Listed companies in LG Technology Ventures' Portfolio
4 of LG Technology Ventures' portfolio companies have become public. Makina Rocks got listed on the Korea Exchange (KRX), in May 2026 at marketcap of $174M and Aardark Therapeutics got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $342M.Here are LG Technology Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 20, 2026 | Jul 22, 2020 | Series A | 6369 | |
Feb 13, 2025 | May 01, 2024 | Series C | 1688 | |
Feb 04, 2022 | - | - | 5678 | |
Sep 17, 2020 | - | - | 2428 |
Acquired companies in LG Technology Ventures' Portfolio
7 companies from LG Technology Ventures' portfolio have been acquired. The most recent acquisition was Arcellx in Feb 2026 by Gilead for $*****.Here are LG Technology Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 23, 2026 | Oct 03, 2019 | Series B | 8803 | |
Sep 29, 2025 | Feb 19, 2025 | Seed | 5835 | |
Dec 04, 2024 | Oct 21, 2020 | Series C | 7635 | |
Feb 22, 2023 | Aug 21, 2019 | Seed | 4796 | |
Jun 22, 2022 | Oct 2018 | Series A | 7554 |
Team profile of LG Technology Ventures
LG Technology Ventures has a team of 17 members including 3 Partners and 10 Principals located in United States. LG Technology Ventures' team does not sit on the board of any company as of now.Here is a list of top team members in LG Technology Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Santa Clara | - | ||
Partner | Santa Clara | - | ||
Partner | Santa Clara | - | ||
Principal | San Francisco | - | ||
Principal | - | - | ||
Principal | Sunnyvale | - | ||
Principal | San Francisco | - | ||
Principal | Santa Clara | - | ||
Principal | Santa Clara | - | ||
Principal | California | - | ||
Principal | California | - |
Co-investors of LG Technology Ventures
Over the past 8 years, 734 investors have co-invested in LG Technology Ventures's portfolio companies. This includes funds and angels.
- Invested before LG Technology Ventures: OSTI, America’s Seed Fund and 363 others have invested in rounds before LG Technology Ventures. There are 4 companies where OSTI has invested before LG Technology Ventures and 4 companies where America’s Seed Fund has invested before LG Technology Ventures.
- Top Co-investors of LG Technology Ventures: 260 investors entered a company along with LG Technology Ventures. These include investors like Iconiq Capital (2 companies).
- Invested after LG Technology Ventures: A total of 109 investors have invested in LG Technology Ventures's portfolio after their investments. Top Investors include KPN Ventures (2 companies), Lightspeed Venture Partners (2 companies) and Mirae Asset (2 companies).
Recent News related to LG Technology Ventures
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Israeli startup Zenity secures $125M in Series C funding for AI agent securitySiliconAngle•Aug 04, 2026•Zenity, Norwest, SoftBank Vision Fund, Qumra Capital and 6 others
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Cloaked Raises $375 Million to Fight for Privacy in the Age of AITMC•Mar 20, 2026•Cloaked, General Catalyst, Liberty City Ventures, Marquee Ventures and 7 others
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Fiddler Raises $30M Series C to Power the Control Plane for AI AgentsCIO Influence•Jan 27, 2026•Fiddler Labs, RPS Ventures, Mozilla Ventures, Insight Partners and 8 others
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South 8 Technologies Receives $11M to Boost LiGas Battery ProductionBatteriesnews•Dec 09, 2025•Lockheed Martin, South 8, LG Energy Solution, W. L. Gore & Associates and 8 others
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SoftBank, Nvidia Looking to Invest in Skild AI at $14 Billion ValuationU.S. News•Dec 08, 2025•Nvidia, SoftBank Group, Skild, LG Technology Ventures and 1 other
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Lanchi Ventures-backed Genspark Raises $275M Series B, Launches AI WorkspacePR Newswire•Nov 20, 2025•Genspark, SBI Mutual Fund, LG Technology Ventures, UpHonest Capital and 2 others
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LG unit, Japan’s SBI join $200m round of US AI startup GensparkTech in Asia•Nov 11, 2025•Genspark, LG Technology Ventures, SBI Investment, SBI Group and 8 others
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WeaveGrid Announces Strategic Investment from LG Technology Venturesintelligence360•Oct 03, 2025•LG Technology Ventures, Weave Grid
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