About Us > History | Corporate Culture

2022
- 12 Daegu·jeju·Gwangju Regional Innovation Venture Fund was established
- 08 Regional Venture Capital Center opened(Busan)
- 03 Established Venture Financing Research Center
- 01 Korea Fund of Funds reached 8 trillion won
Global Milestones
- 03 FVCIF RFP opened (100 billion won)
2021
- 11 Busan Regional Innovation Venture Fund(30.4 bilion won)
- 10 Chungcheong Regional Innovation Venture Fund(Water Industry Fund) was formed (30.5billion won)
- 06 Job Creation Growth Support Fund II was formed (20.5billion won)
- 01 Korea Fund of Funds reached 7 trillion won
Global Milestones
- 11 Hosted ADB Asia-Pacific Idea Contest
- 10 Arranged 20 online IR pitching to global VC
- 08 2nd FVCIF RFP opened (70.5 billion won)
  23 Applicants, 10 Selected, Minimum target fund size : $869M, FVCIF commitments: 58.2M
- 03 1st FVCIF RFP opened (70 billion won)
  27 Applicants, 10 Selected, Minimum target fund size : $817.8M, FVCIF commitments: : 62.5M

2020
- 08 Designated as statutory organization(other public institutions)
- 02 Established legal grounds of KVIC(Venture Investment Promotion Act Article 66)
- 01 Korea Fund of Funds reached 5 trillion won
Global Milestones
- 10 Hosted 2020 FVCIF Annual Meeting
2019
- 09 Ministry of Land, Infrastructure and Transport Joined(as an LP of KfoFs)
- 01 Ministry of Oceans and Fisheries Joined(as an LP of KfoFs)
2018
- 06 Korea Fund of Funds reached 4 trillion Won
2017
- 08 Korea Fund of Funds reached 3 trillion Won
- 05 Ministry of Education started to participate in Korea Fund of Funds
- 04 Ministry of Environment started to participate in Korea Fund of Funds
2016
- 10 Launched Venture Investment Comprehensive System (VICS)
- 06 Foreign VC Investment Fund reached 1 trillion Won
2015
- 08 Korea Venture Investment Center (KVIC Singapore Branch) opened
- 07 Hold “Vision Proclamation Ceremony” Greeting 10th Anniversary) of the Founding
- 06 Korea Sports Promotion Foundation (KSPO) started to participate in Korea FoF as an LP
2014
- 06 Korea Venture Investment Center (China) opened
2013
- 08 Ministry of Health & Welfare (MHW) started to participate in Korea FoF as an LP
- 08 Korea Venture Investment Center (U.S.A) opened
2012
- 06 SME M&A Matching Fund was formed (30.5 billion won)
2011
- 12 Korea Fund of Funds reached 1.4 trillion won
- 05 Ministry of Employment and Labor (MOEL) started to participate in Korea FoF as an LP

2010
- 06 Korea Film Council and Korea Communications Commission started to participate in Korea FoF
2009
- 09 Korea Fund of Funds reached 1 trillion won
2007
- 04 KVIC office moved to Seocho-Gu
2006
- 06 Ministry of Culture, Sports and Tourism (MCST)and Korean Intellectual Property Office (KIPO) started to participate in Korea FoF
2005
- 06 Korea Fund of Funds was formed
- 06 Korea Venture Investment Corp. (KVIC) was established as a specialized management company for Korea FoF
2004
- 12 Special Measures for Promotion of Venture Business Act was amended to provide the basis of Korea Fund of Funds

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