The Ministry of SMEs and Startups announced that Korea Venture Investment Corporation, an affiliate of the ministry, has established a local subsidiary in Singapore as the first step in creating the 'K Global Fund'.
This subsidiary was created to facilitate the inflow of global investment funds into the domestic venture investment market. It will support the management and operation of global funds previously conducted by the local office, as well as assist Korean ventures and startups in entering local markets and attracting investments.
The 'K Global Fund' being established in Singapore will have Korea Venture Investment Corporation's Singapore subsidiary as the fund manager, planning to create variable capital company (VCC) funds that will allow not only domestic venture capital but also global investment funds to participate as sub-funds of the K Global Fund.
After the establishment of the local subsidiary, the Ministry of SMEs and Startups and Korea Venture Investment Corporation plan to prepare for the launch of the 'K Global Fund' in the second quarter of 2026 through follow-up actions such as local staffing and VCC-related license applications.