Mirae Asset Venture Investment and Shinhan Venture Investment Form Consortium, Selected as GP for "Technology Innovation Specialized Fund No. 6"

Mirae Asset Venture Investment announced on October 15 that it has joined forces with Shinhan Venture Investment and has been selected as the general partner (GP) for the “Technology Innovation Specialized Fund No. 6,” a fund sponsored by Korea Growth Investment Corporation.

The “Technology Innovation Specialized Fund No. 6” will be established with a minimum fund size of 55 billion won and will focus its investments on research and development (R&D) in future industries such as advanced manufacturing, AI, semiconductors, and core materials. The investment structure consists of 25 billion won from Korea Growth Investment Corporation, 8 billion won from Mirae Asset Venture Investment, and 8 billion won from Shinhan Venture Investment, among others.

This selection marks the first collaboration between Mirae Asset Venture Investment and Shinhan Venture Investment, securing the GP position by overcoming a competition ratio of 3.5 to 1. It is seen as a case that demonstrates both firms’ deal sourcing and fundraising capabilities, and is drawing significant attention in the industry as a collaboration between major financial group-affiliated venture investment companies.

Mirae Asset Venture Investment increased its assets under management (AUM) from 868 billion won in 2020 to 1.2724 trillion won in 2021, joining the “1 trillion won club,” and continued its growth to 1.7478 trillion won as of last year. This growth is attributed to consistently stable investment performance and the accumulation of a differentiated track record.

Mirae Asset Venture Investment has built outstanding deal sourcing capabilities based on its team of experienced professionals and an extensive domestic and overseas network. In particular, the company continues to implement a strategy of minimizing risk and maximizing returns by proactively making early-stage investments in key companies within growth industries and following up with active subsequent investments.

This selection is especially meaningful as it officially recognizes Mirae Asset Venture Investment’s expertise in AI industry investments. Since 2018, the company has actively invested in the AI sector, deploying a total of 257.9 billion won across 57 companies to date. Mirae Asset Venture Investment has achieved successful investments across the entire AI value chain, including AI semiconductor design, AI inference accelerator chips, CXL (Compute Express Link)-based intelligent memory solutions, AI language models, and AI application software.