About Schmidt
Schmidt is a venture capital firm founded in 2017. It is primarily based out of Seoul, South Korea. As of Nov 2026, Schmidt is an active investor, having invested in 113 companies, with 9 new investments in the last 12 months. It primarily invests in Series A round in South Korea based startups. Its investments are spread across a wide range of sectors from Life Sciences to Enterprise Applications and High Tech. Most recently it participated in the $***** Series A round of URobotics Overall, Schmidt portfolio has seen 3 IPOs, namely INNOSPACE, poled and Daejin Advanced Materials. A lot of funds co-invest with Schmidt, with names like DSC Investment sharing a substantial percentage of its portfolio. Schmidt has team of 10 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Portfolio IPOs
Portfolio Soonicorns
Schmidt's List of Top Investments
Schmidt has a portfolio of 113 companies. Their most notable investments are in Txinno and Modapl.Their portfolio spans across South Korea, United States, Singapore and 1 more locations. They have invested in Life Sciences, Enterprise Applications, High Tech and 32 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Schmidt:
1. Furiosa
Developer of AI accelerator hardware and software for large language models. The company provides AI inference solutions, including a software development kit and support resources. It offers products designed for efficient tensor contraction operations and high data center utilization. The company's products support various deployment scenarios and integration with open-source AI frameworks.
Key facts about Furiosa
2. Inocras
AI-driven platform provides whole genome insights for cancer and rare diseases. It has developed an IP-protected technology and proprietary whole genome insight platform to improve patient diagnosis and treatment by unlocking the full potential of genomic data.
Key facts about Inocras
- Founded Year: 2020
- Location: San Diego (United States)
- Stage: Series B
- Total Funding till date: $100M
- Employee Count: 84 as on Jun 30, 2025
- Investors: Samsung Venture Investment, DT&Investment and 19 Others
- Latest Funding Round: Series B, Aug 03, 2026, $*****
- Highlight: Editors' Pick
Developer of disruptive therapies for oncology and infectious diseases. It provides TAER-TAB technology which is a bispecific antibody (bsAb) platform that targets cancer cells. It also provides ViTRAP technology which is a broad-spectrum antiviral therapeutics platform.
Key facts about Pinetree Therapeutics
- Founded Year: 2019
- Location: Cambridge (United States)
- Stage: Series B
- Total Funding till date: $87.5M
- Employee Count: 41 as on Oct 31, 2026
- Investors: STIC Ventures, Smile Gate Investment and 13 Others
- Latest Funding Round: Series B, Nov 14, 2025, $*****
- Highlight: Editors' Pick
4. Maccaron
Online retailer offering multi-category K beauty products. The product catalog includes skin care products, make-up, hair care products, body care products, personal care products, and more.
Key facts about Maccaron
- Founded Year: 2019
- Location: Gurugram (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $3.15M
- Employee Count: 53 as on Oct 31, 2026
- Investors: Company K Partners, Smile Gate Investment and 2 Others
- Latest Funding Round: Series A, Jul 14, 2023, $*****
5. Moneywalk
Step-counting app that rewards users with cash for every step taken. It allows users to earn points by providing daily inspiration including tools such as GPS tracking, motion sensing, etc, and can redeem coins in forms of rewards, cards, gifts, and more.
Key facts about Moneywalk
Schmidt's Year-on-Year Investment Trends
Schmidt has invested in 113 companies over the last 7 years, with an average of 5 new investments annually in the last 5 years. In 2025, it made 7 investments, while as of Nov 2026, it has made 11 investments in this year. Its most recent first time investment was in URobotics and most recent follow-on round was in MOVIN.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 9 | 2 | 11 |
2025 | 6 | 1 | 7 |
2024 | 6 | 0 | 6 |
2023 | 3 | 1 | 4 |
2022 | 3 | 0 | 3 |
2021 | 2 | 1 | 3 |
2020 | 1 | 0 | 1 |
2019 | 1 | 0 | 1 |
Schmidt's Investments by Stage
Schmidt has made 18 investments in Seed stage with an average round size of $2.78M, 10 investments in Series A stage with an average round size of $10.2M and 3 investments in Series B stage with an average round size of $24.4M.Stage of entry | No. of Investments |
|---|---|
Seed | 18 |
Series A | 10 |
Series B | 3 |
Note: We have considered here, only first round of investments
Schmidt's Investments by Sector
Schmidt has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Life Sciences, HealthTech and Business Services. Notably, it has invested in 78 Tech companies, 68 Enterprise (B2B) companies, 41 Software companies and at least 19 companies focusing on Tech hardware.Sector | No. of Investments |
|---|---|
Enterprise Applications | 12 |
High Tech | 8 |
Life Sciences | 7 |
HealthTech | 5 |
Business Services | 3 |
Others | 22 |
Note: We have considered here, only first round of investments
Schmidt's Investments by Geography
Schmidt has made most investments in South Korea (20), followed by United States where it has made 6 investments.Country | No. of Investments |
|---|---|
South Korea | 20 |
United States | 6 |
Singapore | 1 |
Note: We have considered here, only first round of investments
Schmidt's recent investments
Schmidt has made 11 investments in 2026 so far. URobotics and MOVIN are the latest among them.Here are the most recent investments by Schmidt:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Nov 06, 2026 | South Korea | Series A | 1932 | [+8] | |
Nov 03, 2026 | South Korea | Series A | 3854 | [+4] | |
Oct 15, 2026 | South Korea | Seed | 7028 | [+6] | |
Jul 30, 2026 | - | Seed | 7851 | [+1] | |
Jul 29, 2026 | - | Series A | 1168 | [+4] |
IPOs and Publicly Listed companies in Schmidt's Portfolio
3 of Schmidt's portfolio companies have become public. poled got listed on the Korea Exchange (KRX), in May 2026 at marketcap of $84.4M and Daejin Advanced Materials got listed on the Korea Exchange (KRX) at marketcap of $92M.Here are Schmidt's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 14, 2026 | - | - | 8719 | |
Mar 06, 2025 | - | - | 2013 | |
Jul 02, 2024 | - | - | 5786 |
Team profile of Schmidt
Schmidt has a team of 10 members including 2 Partners and 2 Venture Partners located in South Korea. Schmidt's team does not sit on the board of any company as of now.Here is a list of all team members in Schmidt:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | - | - | - | |
Partner | - | - | - | |
Venture Partner | Seoul | - | - | |
Venture Partner | Seoul | - | - |
Co-investors of Schmidt
Over the past 7 years, 141 investors have co-invested in Schmidt's portfolio companies. This includes only funds.
- Invested before Schmidt: DSC Investment, Mss and 19 others have invested in rounds before Schmidt. There are 2 companies where DSC Investment has invested before Schmidt and 1 company where Mss has invested before Schmidt.
- Top Co-investors of Schmidt: 85 investors entered a company along with Schmidt. These include investors like DSC Investment (11 companies).
- Invested after Schmidt: A total of 35 investors have invested in Schmidt's portfolio after their investments. Top Investors include IMM Investment (2 companies), Smile Gate Investment (2 companies) and Naver (2 companies).
Recent News related to Schmidt
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AI agent long-term memory ‘Aristo’ attracts pre-seed investment from Kakao VenturesWowtale•Jun 25, 2026•Crew Capital, AmorePacific, Storika, Hustle Fund and 1 other
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Midnight Wave, a music IP-based entertainment company, secures seed funding and is selected for TIPS.Wowtale•May 12, 2026•Mashup Ventures, Schmidt
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NAVER D2SF Invests in Physical AI Startup 'Khameleon'PR Newswire•Mar 10, 2026•Schmidtsciences, Mashup Ventures, Naver, Base Ventures and 3 others
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Sleep Tech 'Startup Munis Pre-A2 Series 2.2 billion won investmentStartupn•Dec 31, 2024•Nightly, Schmidt, Z Venture Capital, Samsung NEXT
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Space Parts Specialist 'MID' Attracts 2 Billion Won in Pre-Series A InvestmentWowtale•Nov 19, 2024•Mid-Space, DSC Investment, Schmidt
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MZ Fashion Outlet 'Drip' Attracts Seedbridge Investment from SchmidtWowtale•Nov 05, 2024•Drrip, Schmidt
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Poen Attracts 39 Billion Won in Series B Investment… Secures Accumulated Investment Amount of 46.7 Billion WonWowtale•Jul 09, 2024•POEN, DSC Investment, Schmidt, SJ Investment Partners and 10 others
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Mobility business ‘Modaple’ attracts seed investment worth 4.3 billion wonWowtale•Feb 23, 2024•Modapl, Samsung Fire and Marine Insurance, Auto &, Schmidt and 2 others
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Korean Startup MADDE Secures $1.9 Million in Pre-Series A Investment for 3D Printing TechnologyKoreaTechDesk•Oct 25, 2023•DSC Investment, Etri Holdings, Schmidt, Hyundai Motor Group and 1 other
