HGI
Profile, fund size and portfolio
HGI is the corporate venture arm of Hyundai Marine and Fire Insurance (via Hyundai C&R), an insurance company. It was founded in 2014 and is based in Seoul, South Korea. It invests from seed to Series C+. Sectors it names: healthcare and digital health, climate and energy.
- AUM or capital under managementS4
- KRW 110.7bn
Every figure links to its source
Snapshot
Data behind this graphic
| Item | Value |
|---|---|
| Stage range | Seed to Series C+ |
| Sectors | Healthcare and digital health, Climate and energy |
| Geography | Asia |
| Offices | Seoul, South Korea |
Sources: S4 Unicorn Factory: HGI puts KRW 100bn into impact startups (23 Apr 2025); S1 Korea Disaster News: Hyundai Marine chairman group buys HGI for KRW 22bn.
Data behind this graphic
| Item | Companies | Share |
|---|---|---|
| Active | 72 | 79.1% |
| Exited | 19 | 20.9% |
Status as the firm tags it
Sources: S3 Hankyung: HGI impact investor.
Data behind this graphic
| Measure | Value | Unit | Kind | Source |
|---|---|---|---|---|
| Headline size | KRW 110.7bn | AUM or capital under management | Stated by the firm or its parent | S4 |
| Companies backed | 85 | companies | Reported in the press | S4 |
| Companies on the firm's portfolio page | 91 | companies | Counted from the firm's own list | S3 |
Sources: S4 Unicorn Factory: HGI puts KRW 100bn into impact startups (23 Apr 2025); S3 Hankyung: HGI impact investor.
Where it invests and who leads it
LeadersS6
- Bohyun NamCEOFind on LinkedInFirm page
- Soryun ParkCSOFind on LinkedInFirm page
- Jaeho KohDirector, Investment DivisionFind on LinkedInFirm page
- Mark SeoDirector, Investment DivisionFind on LinkedInFirm page
- June Kyong ChoiTeam Leader, Investment DivisionFind on LinkedInFirm page
Key facts
| Fact | Value | Status | Source |
|---|---|---|---|
| Parent company | Hyundai Marine and Fire Insurance (via Hyundai C&R) | Single source | S1 |
| Parent industry | Insurance | Single source | S1 |
| Founded | 2014 | Single source | S4 |
| Headquarters | Seoul, South Korea | Single source | S7 |
| Status | Active | Single source | S4 |
| Capital source | Parent company only | Single source | S1 |
| Headline size | KRW 110.7bn (AUM or capital under management) | Single source | S4 |
| Companies backed | 85 | Single source | S4 |
| Stages | Seed, Series A, Series B, Series C+ | Single source | S4 |
Portfolio
Public sources name 91 portfolio companies: 72 active, 19 exited.S3
| Tag | Companies | Share |
|---|---|---|
| Active | 72 | 79.1% |
| Exited | 19 | 20.9% |
Every company on the HGI list
91 companies, as named in the sources cited: 72 active, 19 exited.S3 Read the firm's list.
Active 72
- 276 Holdings
- Adapt
- Afrofood
- Aivis
- Amtix Bio
- ASWEMAKE
- Baree
- BELL therapeutics
- BigTechPlus
- Careguardian
- Caring
- Castingn
- CHAGO ENGINEERING
- Connecting the dots
- ECUBE LABS
- EFLOW
- Envisible
- ER
- EV&Solution
- Excellamol
- Furiosa AI
- FXIP
- Genopeaks
- GINT
- Goifuneral
- GRAVITY LABS
- Greystein Group(GSG)
- HurayPositive
- HYBE IM
- Ideas2Silicon
- ImpriMed
- KB-Element
- Lansik
- LiBest
- Lumora
- Markncompany
- Medipixel
- Naeyiluli
- Nmodelin
- Nunaps
- Phonego
- PINE Digital Health
- Plcoskin
- Pluto
- PRND Company
- Project Noah
- QMIT
- Qureator
- Realteeth
- REVMED
- RLAP
- SAESOL Tech
- Sankun
- SCBIO
- Seawith
- Signalcare
- SKINSEOUL
- soomvi
- Spirink
- Star Pickers
- SUM
- Terralix
- The Captain
- Ticaros
- Todoc
- TR
- Triple Planet
- UND Robotics
- VASTHERA
- VioletPay
- Vureon Technology
- Zari Company
Exited 19
- Brewguru
- Bright Energy Partners(BEP)
- DoHands
- Dr. Kitchen
- Dr.Now
- Enuma
- Frientrip
- Hanyang Robotics
- Impact Square
- Kidu
- MakinaRocks
- Medibloc
- MGRV
- NETSPA
- Radish media
- SaengSaeng Agri-distribution
- Safehouse
- TECOPLUS
- Tree Planet
History
Official pages
Read the firm's own pages for current information.
- Website www.hginitiative.com/
Sources
- S1Korea Disaster News: Hyundai Marine chairman group buys HGI for KRW 22bnPress
- S3Hankyung: HGI impact investorPress
- S4Unicorn Factory: HGI puts KRW 100bn into impact startups (23 Apr 2025)Press
- S5HG Initiative home pageFirm
- S6HG Initiative - TeamFirm
- S7HG Initiative - AboutFirm
- S8HG Initiative - PortfolioFirm
Disclaimer and corrections
Not affiliated. This page is not affiliated with, endorsed by or sponsored by HGI or any company named on it. Names and trademarks belong to their owners. Informational only. This is a public-source reference. It is not investment, legal or tax advice and not an offer or solicitation. Sources. Each figure names its source. Figures may have changed. Please read the firm's official pages, linked above. Corrections and takedown. To report an error or ask for a change or removal, use the correction form or email Richard@CorporateVentureCapital.com.
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