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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.
Ekiden Raises $2M in Seed Funding Led by P2 Ventures and Others
blockchain trading platform Ekiden has announced the completion of a $2 million seed funding round, led by Unicorn Factory Ventures and P2 Ventures. The round also attracted participation from angel investors who have previously invested in projects such as GSR, Pyth, Aptos, LayerZero, and Cube Exchange. It is reported that Ekiden is valued at $20 million. The company is dedicated to bringing institutional-grade trading on-chain, providing efficient and secure trading solutions through blockchain technology. (TechFundingNews)