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CorporateVentureCapital.com

Lotte Ventures

Profile, fund size and portfolio

Parent Lotte GroupHQ Seoul, South KoreaFounded 2016

Lotte Ventures is the corporate venture arm of Lotte Group (retail, food and beverage, chemicals, construction conglomerate). It was founded in 2016 and is based in Seoul, South Korea. It invests from Seed to Series A in bio-tech, robotics, advanced business.

Assets under managementS6
KRW 300bn+

Every figure links to its source

Snapshot

Investment stage: Seed to Series A
Data behind this graphic
Data behind this graphic
ItemValue
Stage rangeSeed to Series A
SectorsBio-tech, Robotics, Advanced business, AI, Retail, Agrifood tech
GeographyAsia, North America
OfficesSeoul, South Korea, Busan, South Korea, San Francisco, United States

Sources: S6 Money Today (Unicorn Factory): Lotte Ventures 8-year record, interview with CEO Kim Seung-wook (20 Feb 2025, Korean); S4 LOTTE Ventures U.S. home.

Graphic 1 of 3

Investment stage: Seed to Series A

Investment stage: Seed to Series ABar showing Lotte Ventures invests from seed to series a. Sector chips: bio-tech, robotics, advanced business, ai, retail, agrifood tech. Geography: Asia, North America.Investment stage: Seed to Series ALotte VenturesSTAGEPre-seedSeedSeries ASeries BSeries C+GrowthLate stageSECTORSBio-techRoboticsAdvanced businessAIRetailAgrifood techGEOGRAPHYAsiaNorth AmericaCorporateVentureCapital.comSources: S6, S4, listed on the profile
Data behind this graphic
ItemValue
Stage rangeSeed to Series A
SectorsBio-tech, Robotics, Advanced business, AI, Retail, Agrifood tech
GeographyAsia, North America
OfficesSeoul, South Korea, Busan, South Korea, San Francisco, United States

Sources: S6 Money Today (Unicorn Factory): Lotte Ventures 8-year record, interview with CEO Kim Seung-wook (20 Feb 2025, Korean); S4 LOTTE Ventures U.S. home.

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Investments closed by company type
Data behind this graphic

The firm has not published a portfolio breakdown.

Sources: .

Graphic 2 of 3

Investments closed by company type

Investments closed by company typeLotte Ventures has not published a portfolio breakdown.Investments closed by company typeLotte VenturesThe firm has not published a portfolio breakdown.CorporateVentureCapital.com

The firm has not published a portfolio breakdown.

Sources: .

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Scale and capital allocated
Data behind this graphic
Data behind this graphic
MeasureValueUnitKindSource
Headline sizeKRW 300bn+Assets under managementStated by the firm or its parentS6
Companies backed280+companiesReported in the pressS6
Companies on the firm's portfolio page166companiesCounted from the firm's own listS2

Sources: S6 Money Today (Unicorn Factory): Lotte Ventures 8-year record, interview with CEO Kim Seung-wook (20 Feb 2025, Korean); S2 Lotte Ventures Funds and portfolio by fund (Korean site).

Graphic 3 of 3

Scale and capital allocated

Scale and capital allocatedLotte Ventures headline size KRW 300bn+, basis: Assets under management. Dot strip of 2 published counts: Companies backed 280+; Companies on the firm's portfolio page 166.Scale and capital allocatedLotte VenturesKRW 300bn+ASSETS UNDER MANAGEMENTCOUNTS THE FIRM AND ITS PAGES PUBLISH1001,000Companies backed280+ companiesCompanies on the firm's portfolio page166 companiesStated by the firmCounted from a list or another sourceCorporateVentureCapital.comSources: S6, S2, listed on the profile
Data behind this graphic
MeasureValueUnitKindSource
Headline sizeKRW 300bn+Assets under managementStated by the firm or its parentS6
Companies backed280+companiesReported in the pressS6
Companies on the firm's portfolio page166companiesCounted from the firm's own listS2

Firms and databases count companies, rounds and investments differently.

Sources: S6 Money Today (Unicorn Factory): Lotte Ventures 8-year record, interview with CEO Kim Seung-wook (20 Feb 2025, Korean); S2 Lotte Ventures Funds and portfolio by fund (Korean site).

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Where it invests and who leads it

Geography

Headquarters
Seoul, South Korea
Offices
  • Seoul, South Korea
  • Busan, South Korea
  • San Francisco, United States

Investment regionsS6S4

  • Asia
  • North America

LeadersS1

  • Kim Seung-wook (김승욱)Chief Executive Officer (대표이사); previously head of the corporate strategy team at Lotte HoldingsFind on LinkedInFirm page
  • Kim Jin-woon (김진운)Compliance Officer (준법감시인)Find on LinkedInFirm page
  • Bae Jun-sung (배준성)Executive Director (상무); previously Lotte Holdings CSV and Lotte Future Strategy CenterFind on LinkedInFirm page

Lotte Ventures on LinkedIn

Key facts

FactValueStatusSource
Parent companyLotte GroupSingle sourceS4
Parent industryRetail, food and beverage, chemicals, construction conglomerateSingle sourceS4
Founded2016Single sourceS1
HeadquartersSeoul, South KoreaSingle sourceS1
StatusActiveSingle sourceS1
Capital sourceParent and outside investorsSingle sourceS6
Headline sizeKRW 300bn+ (Assets under management)Single sourceS6
Companies backed280+Single sourceS6
StagesSeed, Series ASingle sourceS6

Fund vehicles

VehicleSizeYearNoteSource
롯데스타트업펀드1호Not published2018term 2018 to 2026; 26 companies listedS2
롯데사내벤처펀드1호Not published2018term 2018 to 2023; 1 companies listedS2
롯데-KDB오픈이노베이션펀드Not published2019term 2019 to 2027; 36 companies listedS2
롯데케미칼이노베이션펀드1호Not published2019term 2019 to 2027; 6 companies listedS2
롯데-BCCEI스타트업펀드1호Not published2020term 2020 to 2028; 6 companies listedS2
롯데-FRONT1스타트업펀드Not published2020term 2020 to 2028; 32 companies listedS2
롯데농식품테크펀드1호Not published2020term 2020 to 2028; 19 companies listedS2
롯데케미칼이노베이션펀드2호Not published2021term 2021 to 2029; 4 companies listedS2
스마트롯데비대면·모빌리티펀드Not published2021term 2021 to 2029; 14 companies listedS2
롯데홈쇼핑이노베이션펀드1호Not published2021term 2021 to 2029; 4 companies listedS2
롯데쇼핑이노베이션펀드1호Not published2021term 2021 to 2029; 9 companies listedS2
롯데케미칼ESG펀드Not published2021term 2021 to 2029; 8 companies listedS2
롯데크리에이트펀드Not published2021term 2021 to 2029; 10 companies listedS2
롯데-BCCEI스타트업펀드2호Not published2022term 2022 to 2030; 12 companies listedS2
스마트롯데쇼핑이노베이션펀드Not published2022term 2022 to 2030; 7 companies listedS2
롯데핀테크펀드1호Not published2022term 2022 to 2026; 1 companies listedS2
롯데모빌리티미래전략펀드Not published2 companies listedS2
롯데에너지소재펀드Not published1 companies listedS2
롯데프롭테크미래전략펀드Not published1 companies listedS2
롯데농식품테크펀드2호Not published2024term 2024 to 2032; 2 companies listedS2
롯데베트남오픈이노베이션펀드 (Lotte Vietnam Open Innovation Fund)Not published2024launched July 2024S1

Portfolio

The firm's portfolio page lists 166 companies.S2

The firm also states 280+ companies backed. The page list and the stated total measure different things.S6

Shared portfolio with other corporate VCs

3 companies on the Lotte Ventures portfolio page also appear on the portfolio page of at least one other firm in this directory. Matched by company name across the firms' own lists.

FirmSharedCompanies in common
Aramco Ventures1SYZYGY PLASMONICS INC.
Chevron Technology Ventures1SYZYGY PLASMONICS INC.
Toyota Ventures1SYZYGY PLASMONICS INC.
NAVER D2SF and NAVER Ventures1QMIT
GM Ventures1Soelect Inc.

Companies backed by the most corporate VCs

Every company on the Lotte Ventures list

166 companies, as listed on the firm's own website.S2 Read the firm's list.

  • (주)케어마인드
  • ㈜페이타랩
  • ACI케미칼아시아
  • ANAFLASH
  • Bear Robotics, Inc.
  • BOBIDI
  • CuraPatient, Inc.
  • CVT
  • Enwires
  • Glassdome, Inc.
  • Gushcloud Talent Agency
  • N15
  • QMIT
  • Soelect Inc.
  • SYZYGY PLASMONICS INC.
  • ViFive Inc.
  • 글루업
  • 꽃팜
  • 나비프라
  • 노태그코리아
  • 뉴빌리티
  • 뉴처
  • 뉴트리인더스트리
  • 니더
  • 니바코퍼레이션
  • 다나그린
  • 대디포베베
  • 더대시
  • 더플랜잇
  • 도시곳간
  • 돌봄드림
  • 디아비전
  • 디어먼데이
  • 디오리진
  • 라이즈이엔엠
  • 라이클
  • 라이클컴퍼니
  • 라이트브라더스
  • 라플라스테크놀로지스
  • 럭셔리앤올
  • 레이지소사이어티
  • 레티널
  • 로보스
  • 로보트리
  • 로브로스
  • 로컬스티치
  • 로플리
  • 론픽
  • 루머
  • 루트센서
  • 리본굿즈
  • 리콘랩스
  • 리필리
  • 링크플로우
  • 링크플릭스
  • 마이노멀컴퍼니
  • 마켓스타디움
  • 말랑하니
  • 모비두
  • 모어씽즈
  • 몬드리안에이아이
  • 미로
  • 바리코퍼레이션
  • 바오밥헬스케어
  • 바이오컴
  • 버넥트
  • 벌스워크
  • 보맵
  • 부에노컴퍼니
  • 뷰브레인헬스케어
  • 브레싱스
  • 블랙후즈
  • 블루뱅크
  • 비브이엠티
  • 비컨
  • 사운드플랫폼
  • 생활연구소
  • 샤크마켓
  • 서울박스
  • 서울언니들
  • 센디
  • 센스톤
  • 셀러허브
  • 소셜빈
  • 소셜인베스팅랩
  • 수퍼빈
  • 슈퍼플레이
  • 스케치온
  • 스티팝
  • 스페이스비전에이아이
  • 스페이스에프
  • 심플리케어바이오
  • 심플프로젝트
  • 아론
  • 아자스쿨
  • 아코플레닝
  • 아티피셜소사이어티
  • 애니아이
  • 양유
  • 어반플레이
  • 어브로딘
  • 에디트콜렉티브
  • 에스와이솔루션
  • 에스투더블유
  • 에어레인
  • 에이럭스
  • 에이바이오머티리얼즈
  • 에이아이썸
  • 에이엔폴리
  • 에이지엣랩스
  • 에이피알
  • 에임비랩
  • 에임트
  • 에코마린
  • 엔티
  • 엘에이알
  • 엠바이옴쎄라퓨틱스
  • 오아시스비즈니스
  • 올링크
  • 올블랑
  • 움틀
  • 워커스하이
  • 워프솔루션
  • 웨스트월드
  • 웨이스트에너지솔루션
  • 위플로
  • 이공이공
  • 이그린글로벌
  • 잇그린
  • 제이케이테크
  • 주식회사 팀워크
  • 지로
  • 짐캐리
  • 체카
  • 컬쳐히어로
  • 케미코첨단소재
  • 케어닥
  • 케이비엘러먼트
  • 코너마켓
  • 코드오브네이처
  • 큐라움
  • 크리포터
  • 클라우드스톤
  • 클로봇
  • 키클롭스
  • 터울
  • 테라블록
  • 테크타카
  • 토즈
  • 투니모션
  • 트루골프
  • 티에스피바이오켐
  • 파블로항공
  • 팡세
  • 패러데이다이나믹스
  • 팩앤롤
  • 포바이포
  • 포엔
  • 폴레드
  • 프레시지
  • 프록시헬스케어
  • 플리즈
  • 핀카
  • 한국정밀소재산업
  • 해긴
  • 해빛

For founders

ItemWhat the firm saysSource
StagesSeed, Series AS6
Beyond capitalL-Camp accelerator programme; Open innovation with Lotte affiliates; Overseas expansion support through Vietnam, U.S. and Japan unitsS6
Emailstartup@lotte.netS2

Notable outcomes

IPOs and acquisitions of portfolio companies. Price shown only where published.

CompanyTypeYearAcquirer or exchangePriceSource
ClobotIPOS6
APRIPOS6
AirraneIPOS6

History

  1. Lotte Accelerator incorporated (KRW 15bn initial capital, KRW 5bn from the chairman's own funds per Money Today); Busan office opens July 2016.S6
  2. Registered as a new-technology business finance company (October).S1
  3. Lotte Startup Fund 1 and Lotte In-house Venture Fund 1 formed (June).S1
  4. Renamed Lotte Ventures (May).S1
  5. Lotte Vietnam Open Innovation Fund and Lotte Agrifood Tech Fund 2 formed (July).S1

Where sources disagree

  • Companies count: about 280 startups invested in (Money Today, 20 Feb 2025) (S6) vs 250+ companies since 2016 (LOTTE Ventures U.S. portfolio page) (S5) vs 166 distinct company names across fund tabs on the Korean funds page (S2). Different dates and definitions; funds page excludes L-Camp-only companies.S6S5S2

Official pages

Read the firm's own pages for current information.

Sources

  1. S1Lotte Ventures About (Korean site: company, members, funds, history)Firm
  2. S2Lotte Ventures Funds and portfolio by fund (Korean site)Firm
  3. S4LOTTE Ventures U.S. homeFirm
  4. S5LOTTE Ventures U.S. portfolioFirm
  5. S6Money Today (Unicorn Factory): Lotte Ventures 8-year record, interview with CEO Kim Seung-wook (20 Feb 2025, Korean)Press

Disclaimer and corrections

Not affiliated. This page is not affiliated with, endorsed by or sponsored by Lotte Ventures 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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