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About Yellowdog
Yellowdog is a venture capital firm founded in 2016. It is primarily based out of Seoul, South Korea. As of Oct 2024, Yellowdog has invested in 35 companies. It primarily invests in Series A 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 $***** Series A round of VoyagerX Overall, Yellowdog portfolio has seen 1 unicorn and 2 IPOs, namely Socar, Quora and Stayes. A lot of funds co-invest with Yellowdog, with names like Collab Fund sharing a substantial percentage of its portfolio. Yellowdog has team of 2 people.Yellowdog's List of Top Investments
Yellowdog has a portfolio of 35 companies, one of which is a Unicorn. Their most notable investments are in The Wave Talk and VoyagerX.Their portfolio spans across South Korea, United States, Singapore and 1 more locations. They have invested in Consumer, High Tech, EdTech and 22 other sectors, across stages such as Series A, Series C and 2 more. Here is the list of top investments by Yellowdog:1. Socar
Socar is a platform offering station-based car-rental services. It enables users, to locate the available cars in the vicinity & unlock/lock it to start rentals. It offers features like in-app payments. At the end of the ride, users have to leave the vehicle at the designated parking spaces. Also, it offers solutions for corporates.
Key facts about Socar
- Founded Year: 2012
- Location: Jeju-si (South Korea)
- Stage: Public
- Total Funding till date: $421M
- Employee Count: 51 - 200 as on Jul 01, 2024
- Investors: SBVA, SK and 14 Others
- Latest Funding Round: Series G, Mar 08, 2022, $*****
- Highlight: Public
2. Quora
Social Q&A community platform. It allows users to ask questions and get answers from community members. Users can ask questions related to any topic, answer questions, follow questions and create blogs on Quora. All questions are tagged with categories. It has mobile apps for iOS and Android.
Key facts about Quora
- Founded Year: 2009
- Location: Mountain View (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $301M
- Employee Count: 1,134 as on Aug 31, 2026
- Investors: 369 Growth Partners, Benchmark and 15 Others
- Latest Funding Round: Series D, Jan 10, 2024, $*****
- Highlight: Editors' Pick
3. Novoloop
Provider of sustainable and performance thermoplastics. It utilises accelerated thermal-oxidative decomposition(ADOT) technology to convert packaging waste into polyester-based thermoplastic polyurethane. Its features include a low carbon footprint and sustainability. It has applications in apparel, consumer electronics, automotive, and additive manufacturing.
Key facts about Novoloop
4. Enuma
Enuma, previously known as Locomotive Labs, designs learning games for children. Games include Todo Math, Todo Matrix, Todo Telling Time, Kid in Story. With Todo Math, kids learn by 600+ math activities covering numbers and counting, abstract reasoning, time, money, and geometry. Skill building is reinforced with daily adventures and missions. Todo Math is the Winner of a 2015 Parents' Choice Gold Award. Downloaded 1.7 M+ times in 2014-2015. Best Design Award at Launch Education & Kids conference (2013). Games are available on iOS, Android & Amazon.
Key facts about Enuma
- Founded Year: 2012
- Location: Berkeley (United States)
- Stage: Series B
- Total Funding till date: $17.8M
- Employee Count: 104 as on Aug 31, 2026
- Investors: SBVA, SK and 18 Others
- Latest Funding Round: Series B, May 18, 2020, $*****
- Highlight: Editors' Pick
5. H2
Provider of energy storage solutions. It is an energy storage solution developer that manufactures vanadium redox flow battery storage systems based on its proprietary technology. It finds application in setting up microgrids, re integration,telecom towers,utility scale energy storage and other residential and commercial behind the meter use.
Key facts about H2
- Founded Year: 2010
- Location: Daejeon (South Korea)
- Stage: Series B
- Total Funding till date: $77M
- Employee Count: 10 as on Aug 31, 2026
- Investors: E&Investment, STIC Investments and 4 Others
- Latest Funding Round: Series B, Jan 22, 2025, $*****
- Highlight: Editors' Pick
Yellowdog's Year-on-Year Investment Trends
Its most recent first time investment was in Mathpresso and most recent follow-on round was in VoyagerX.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 1 | 1 |
2023 | 0 | 0 | 0 |
2022 | 0 | 0 | 0 |
2021 | 2 | 0 | 2 |
2020 | 2 | 1 | 3 |
2019 | 0 | 1 | 1 |
2018 | 1 | 0 | 1 |
2017 | 3 | 0 | 3 |
Yellowdog's Investments by Stage
Yellowdog has made 4 investments in Series A stage with an average round size of $15.9M, 2 investments in Series C stage with an average round size of $30.5M, 1 investment in Seed stage with an average round size of $2M and 1 investment in Series B stage with an average round size of $8.9M.Stage of entry | No. of Investments |
|---|---|
Series A | 4 |
Series C | 2 |
Seed | 1 |
Series B | 1 |
Note: We have considered here, only first round of investments
Yellowdog's Investments by Sector
Yellowdog has a diverse portfolio, with companies operating in the Consumer, EdTech, FinTech, High Tech and Artificial Intelligence - Industry Applications. Notably, it has invested in 27 Tech companies, 19 Consumer (B2C) companies, 14 Enterprise (B2B) companies and at least 7 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 4 |
EdTech | 2 |
FinTech | 2 |
High Tech | 2 |
Artificial Intelligence - Industry Applications | 1 |
Others | 10 |
Note: We have considered here, only first round of investments
Yellowdog's Investments by Geography
Yellowdog has made most investments in South Korea (6), followed by United States where it has made 2 investments.Country | No. of Investments |
|---|---|
South Korea | 6 |
United States | 2 |
Singapore | 1 |
Note: We have considered here, only first round of investments
Yellowdog's recent investments
Yellowdog has not made any investment in 2026 so far.Here are the most recent investments by Yellowdog:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 10, 2024 | South Korea | Series A | 5295 | [+3] | |
Jun 29, 2021 | South Korea | Series C | 2908 | [+7] | |
Jun 23, 2021 | South Korea | Series A | 7681 | ||
Sep 29, 2020 | Singapore | Series A | 5651 | [+13] | |
May 18, 2020 | United States | Series B | 7674 | [+4] |
Unicorns in Yellowdog's Portfolio
Yellowdog has 1 unicorn in its portfolio - Quora. The most recent unicorn in their portfolio is Quora which became a unicorn in 2017, 9 years before Yellowdog first invested in it.Here is a list of unicorns in Yellowdog's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
74 | Social Q&A community platform | 2009 | Mountain View | Series D | vwskdzn |
IPOs and Publicly Listed companies in Yellowdog's Portfolio
2 of Yellowdog's portfolio companies have become public. Socar got listed on the Korea Exchange (KRX), in Aug 2022 at marketcap of $682M.Here are Yellowdog's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 22, 2022 | - | - | 3665 | |
- | - | - | 1878 |
Team profile of Yellowdog
Yellowdog has a team of 2 members.Co-investors of Yellowdog
Over the past 9 years, 84 investors have co-invested in Yellowdog's portfolio companies. This includes funds and angels.
- Invested before Yellowdog: SBVA, NewSchools Venture Fund and 30 others have invested in rounds before Yellowdog. There are 2 companies where SBVA has invested before Yellowdog and 1 company where NewSchools Venture Fund has invested before Yellowdog.
- Top Co-investors of Yellowdog: 32 investors entered a company along with Yellowdog. These include investors like Collab Fund (2 companies).
- Invested after Yellowdog: A total of 20 investors have invested in Yellowdog's portfolio after their investments. Top Investors include SK (1 company), Kakao Ventures (1 company) and Shinhan Alternative Investment Management (1 company).
Recent News related to Yellowdog
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AI startup VoyagerX attracts 16.5 billion won in new investmentmk.co.kr•Oct 10, 2024•VoyagerX, InterVest, Murex, InterVest and 3 others
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Linq raises $6.6M to use AI to make research easier for financial analystsTechCrunch+•Jun 11, 2024•InterVest, Atinum Investment, Techstars, Kakao Ventures and 3 others
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This Singapore Startup Grows Prawn Meat From Stem CellsBloombergQuint•Sep 29, 2020•Shiok Meats, Big Idea Ventures, Enterprise Singapore, Toyo Seikan Kaisha and 13 others
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Enuma Raises $9M in Series B FundingFinSMEs•May 18, 2020•Enuma, SK, SK Securities, Kakao Ventures and 5 others
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The.Wave.Talk rallies $2mVCJ•Apr 07, 2020•The Wave Talk, Bluepoint Partners, Naver, Estech Pharma and 4 others
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Game-Based Software Company Enuma Raises $4 MillionEdSurge•Apr 25, 2018•Enuma, DSC Investment, NX Ventures, Yellowdog
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Korean ride-sharing app Poolus attracts W22b investmentThe Investor•Oct 31, 2017•Poolus, Naver, Impact Venture Capital, Yellowdog and 3 others
