South Korea's KB Financial will establish a 150 billion won unicorn fund, focusing on investing in strategic industries such as AI and semiconductors.

According to Korean media NATE, South Korea's KB Financial Group announced the establishment of the "KB Kookmin Growth Unicorn Scale-up Fund" with a scale of 150 billion won, focusing on investing in unicorn enterprises in industrial fields such as AI, semiconductors, and robotics. It is reported that the fund will be fully funded by subsidiaries under KB Financial and managed by the KB Securities PE Growth Investment Department. Meanwhile, KB Financial also plans to increase financial support for Physical AI, AI data centers, power infrastructure, and semiconductor enterprises.