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Holding Company
hanwha.co.kr

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Investments

15

Portfolio Exits

4

Partners & Customers

10

About Hanwha Group

Hanwha Group (KRX: 000880) is a Korean conglomerate with diversified holdings stretching from chemical, manufacturing, construction to finance, leisure and service.

Hanwha Group Headquarters Location

Seoul,

South Korea

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Latest Hanwha Group News

Hanwha chairman‘s wife dies at 61

Aug 10, 2022

PUBLISHED :August 10, 2022 - 09:11 UPDATED :August 10, 2022 - 09:12 Suh Yung-min (Hanwha Group) Hanwha Group Chairman Kim Seung-youn’s wife, Suh Yung-min, died at 61 at a hospital in the United States on Sunday, as she was suffering from cancer, the group said Tuesday. Suh is survived by Kim, who leads South Korea‘s seventh-largest conglomerate dedicated to chemicals, renewable energy and finance, and their three sons, Dong-kwan, Dong-won and Dong-sun. Suh, who studied pharmaceuticals at Seoul National University, was the daughter of five-term lawmaker Suh Chung-hwa, who formerly served as minister of the interior and home affairs twice. Kim and Suh tied the knot in 1982. By Son Ji-hyoung ( consnow@heraldcorp.com )

Hanwha Group Investments

15 Investments

Hanwha Group has made 15 investments. Their latest investment was in IoTeX as part of their Seed VC - II on June 6, 2022.

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Hanwha Group Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

6/8/2022

Seed VC - II

IoTeX

$10M

Yes

2

1/4/2022

Series B

VIRNECT

$30M

Yes

6

9/13/2021

Series B

Numan

$40M

Yes

11

8/29/2021

Series B - II

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$99M

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10

6/29/2021

Series A

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$99M

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10

Date

6/8/2022

1/4/2022

9/13/2021

8/29/2021

6/29/2021

Round

Seed VC - II

Series B

Series B

Series B - II

Series A

Company

IoTeX

VIRNECT

Numan

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Amount

$10M

$30M

$40M

$99M

$99M

New?

Yes

Yes

Yes

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Co-Investors

Sources

2

6

11

10

10

Hanwha Group Portfolio Exits

4 Portfolio Exits

Hanwha Group has 4 portfolio exits. Their latest portfolio exit was 1366 Technologies on June 28, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

6/28/2021

Merger

$99M

5

6/3/2020

Reverse Merger

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$99M

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10

1/14/2014

Reverse Merger

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$99M

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10

1/1/2006

Acquired - II

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$99M

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10

Date

6/28/2021

6/3/2020

1/14/2014

1/1/2006

Exit

Merger

Reverse Merger

Reverse Merger

Acquired - II

Companies

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Valuation

$99M

$99M

$99M

$99M

Acquirer

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Sources

5

10

10

10

Hanwha Group Acquisitions

1 Acquisition

Hanwha Group acquired 1 company. Their latest acquisition was SK Incheon Petrochem on November 01, 1969.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

11/1/1969

$99M

Corporate Majority

3

Date

11/1/1969

Investment Stage

Companies

Valuation

$99M

Total Funding

Note

Corporate Majority

Sources

3

Hanwha Group Partners & Customers

10 Partners and customers

Hanwha Group has 10 strategic partners and customers. Hanwha Group recently partnered with TotalEnergies on June 6, 2022.

Date

Type

Business Partner

Country

News Snippet

Sources

6/16/2022

Vendor

France

1

5/25/2022

Vendor

Gabon

Hanwha Energy and TotalEnergies to Collaborate in LNG Industry

Hanwha Energy signed a contract with TotalEnergies on May 24 in order to directly bring in 600,000 tons of LNG a year for 15 years .

1

5/25/2022

Client

France

1

5/24/2022

Vendor

France

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10

7/5/2021

Partner

South Korea

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10

Date

6/16/2022

5/25/2022

5/25/2022

5/24/2022

7/5/2021

Type

Vendor

Vendor

Client

Vendor

Partner

Business Partner

Country

France

Gabon

France

France

South Korea

News Snippet

Hanwha Energy and TotalEnergies to Collaborate in LNG Industry

Hanwha Energy signed a contract with TotalEnergies on May 24 in order to directly bring in 600,000 tons of LNG a year for 15 years .

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Sources

1

1

1

10

10

Hanwha Group Team

1 Team Member

Hanwha Group has 1 team member, including former Managing Director, Kelly Merritt.

Name

Work History

Title

Status

Kelly Merritt

Clean Energy Collective, BP, Sithe Global Power, STEAG Energy Services, Portland General Electric, and U.S. Navy

Managing Director

Former

Name

Kelly Merritt

Work History

Clean Energy Collective, BP, Sithe Global Power, STEAG Energy Services, Portland General Electric, and U.S. Navy

Title

Managing Director

Status

Former

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