Lux Ventures has made its first investment of KRW 4.8 billion in PlanM through its newly established fund, aiming to capitalize on the growing demand in the modular education sector.
Target Company Overview
Lux Ventures, established in August 2024, is a South Korean corporate venture capital firm based in Seoul. The company primarily focuses on investments in the finance and corporate investment sectors. At present, it is headed by CEO Jin-young Choi, overseeing investment operations that aim to elevate innovative startups in South Korea.
Lux Ventures identifies itself in a competitive landscape, sharing similarities with other entities such as Alchemic Investment, Grand Ventures, Ato Investment, and Zainova Partners. Despite being a new player in the market with a lifespan of just over a year, it has made significant strides in mobilizing capital and establishing its identity in the venture capital space.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Industry Overview in South Korea
The South Korean venture capital industry has been on a growth trajectory, characterized by increased funding and a vibrant startup ecosystem. The government has implemented supportive measures to bolster inn
Similar Deals
State Teachers Retirement System (STRS) of Ohio → Green Oaks VI, Longfield Investments, Shore Capital Healthcare Partners Fund VI
2025
Lux Ventures
invested in
Plan M
in 2024
in a Other VC deal
Disclosed details
Transaction Size: $48M