Investments
88Portfolio Exits
5Funds
4About Magna Investment
Magna Investment is a venture capital, accelerator, and private equity management company specializing in early-stage startups and small and medium-sized enterprises. Magna Investment was founded in 2010 and is based in Seoul, South Korea.
Latest Magna Investment News
Sep 21, 2020
Backers included Magna Investment, Shinsegae I&C and Dt & Investment Led by CEO Joong-Won Yoo, WireBarley provides fully contactless financial services via its mobile app and web platform The company is operating in 5 countries such as the US, Canada, Australia, South Korea, and New Zealand with 21 recipient countries It has established a global network with 80 remittance corridors Then the company intends to use the funds to strengthen its global remittance service capabilities for individual customers and expand into the B2B field Tags:
Magna Investment Investments
88 Investments
Magna Investment has made 88 investments. Their latest investment was in Changupin as part of their Seed VC - II on November 11, 2023.
Magna Investment Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
11/16/2023 | Seed VC - II | Changupin | $1M | Yes | CJ Investment, and SparkLabs | 2 |
9/20/2023 | Series A | Featuring | $4.29M | No | 3 | |
9/11/2023 | Series B - II | Egnis | $26.14M | Yes | 2 | |
8/4/2023 | Seed VC | |||||
5/18/2023 | Series A |
Date | 11/16/2023 | 9/20/2023 | 9/11/2023 | 8/4/2023 | 5/18/2023 |
|---|---|---|---|---|---|
Round | Seed VC - II | Series A | Series B - II | Seed VC | Series A |
Company | Changupin | Featuring | Egnis | ||
Amount | $1M | $4.29M | $26.14M | ||
New? | Yes | No | Yes | ||
Co-Investors | CJ Investment, and SparkLabs | ||||
Sources | 2 | 3 | 2 |
Magna Investment Portfolio Exits
5 Portfolio Exits
Magna Investment has 5 portfolio exits. Their latest portfolio exit was Y-Biologics on December 05, 2023.
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 |
|---|---|---|---|---|---|
12/5/2023 | IPO | Public | 1 | ||
Date | 12/5/2023 | ||||
|---|---|---|---|---|---|
Exit | IPO | ||||
Companies | |||||
Valuation | |||||
Acquirer | Public | ||||
Sources | 1 |
Magna Investment Fund History
4 Fund Histories
Magna Investment has 4 funds, including Magna Future Fund.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
5/20/2022 | Magna Future Fund | $13M | 1 | ||
3/1/2019 | Magna-Axis Tourism Venture Fund | ||||
1/4/2012 | Magna Second Growth Booster Fund | ||||
6/29/2010 | MAGNA Venture Fund No.1 |
Closing Date | 5/20/2022 | 3/1/2019 | 1/4/2012 | 6/29/2010 |
|---|---|---|---|---|
Fund | Magna Future Fund | Magna-Axis Tourism Venture Fund | Magna Second Growth Booster Fund | MAGNA Venture Fund No.1 |
Fund Type | ||||
Status | ||||
Amount | $13M | |||
Sources | 1 |
Magna Investment Team
3 Team Members
Magna Investment has 3 team members, including current Chief Executive Officer, Il Ho Kim.
Name | Work History | Title | Status |
|---|---|---|---|
Il Ho Kim | Chief Executive Officer | Current | |
Name | Il Ho Kim | ||
|---|---|---|---|
Work History | |||
Title | Chief Executive Officer | ||
Status | Current |
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