Mirae Asset Venture backs two VC funds

The firm invests as a LP to improve profitability.

Institution: Mirae Asset Venture Investment
Headquarters: Seongnam-si, South Korea
AUM: KRW632.3bn

Mirae Asset Venture Investment has committed to Joy Capital III and Quest Venture Partners Fund III. With these two commitments, the firm will gain exposure to the TMT sector in Asia-Pacific and North America.

As illustrated below, the venture firm has committed to funds focusing on sectors such as TMT and consumer goods.

Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.