History Act One is an accelerator established in January 2023. As soon as it obtained a license from the Ministry of SMEs and Startups, it formed a blind fund and has been focusing on investing in content startups.
Recently, History Act One announced that it successfully completed an investment round in 'iCastle' using the formed blind fund.
'iCastle' is a subsidiary of SAMG Enter (SAMG Entertainment). SAMG Enter is striving to expand its global business through its IP competitiveness with properties such as Catch Tini Pink and Mini Special Forces, and 'iCastle' plans to utilize its parent company's animation proprietary IP content to develop a powerful online/offline platform business.
History Act One was established to build capabilities to provide practical support such as funding, strategy, and system establishment to startups preparing for early and value-up stages. In particular, CEO Jung Woo-joo, who has a background in strategic planning at Hyundai Motor Company and experience founding a startup and securing investment, deeply empathizes with the actual needs of founders. Later, as the head of investment at History Venture Investment, he supported follow-up investments, M&A, and KOSDAQ IPO listings through early startup boom-ups. Based on various EXIT experiences, he founded History Act One to serve as a bridge between founders and investors and began aggressive investments.
History Act One is an accelerator founded by Park Ji-hoon, founder of History Investment Advisory managing over 300 billion KRW in AUM, and CEO Jung Woo-joo. With the determination to provide a one-stop comprehensive financial solution according to the startup growth cycle, it started with the ambition to support the early growth of promising companies, focusing on seed to series A investment stages.
A venture investment industry insider stated that through this accelerator registration, History Act One is expected to actively utilize new investment organizations specializing in investment associations and startups, providing various advantages not only to startups but also to investors (LPs).
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