Crit Ventures Co., Ltd. (CEO Song Jae-jun) announced on the 23rd that it has formed a cultural content fund worth 37.5 billion won, the 'IBK-Crit Global Content Investment Association'.
This investment fund was formed after being selected as a general partner (GP) in the export sector in the first round of the 2025 Mother Fund, hosted by Korea Venture Investment Corporation (KVIC). Its goal is to invest in small and medium-sized enterprises and venture companies and projects in the cultural industry that possess global capabilities, such as generating global sales or establishing local subsidiaries.
The fund was led by domestic institutions such as Industrial Bank of Korea, Kolmar Holdings, and Alux, as well as Japanese global gaming company Square Enix as a limited partner (LP). This marks Square Enix's first investment in a domestic venture capital fund, and Crit Ventures plans to strengthen collaborations with domestic gaming and content companies in the future. Previous investments in Crit Ventures' fund include global gaming companies such as Supercell, Ubisoft, NetEase, and Garena.
With the formation of this fund, Crit Ventures now operates a total of eight funds, including the 'Crit Global Scale-up Investment Fund', 'Knet-Crit Content Investment Fund', and 'KIP-Crit Interactive Content Fund', and its assets under management (AUM) have exceeded KRW 300 billion.
Crit Ventures has invested in various cultural content fields, including game company 'Averton', K-pop distributor 'Kai Media', music data SaaS 'Chartmetric', AI entertainment company 'Galaxy Corporation', and overseas film production company 'Runup Company'.
“We will continue to invest and support companies with competitiveness in the global market by discovering them and helping them grow into top-tier companies,” said Director Jong-hyuk Lee, the representative fund manager of the IBK-Crit Global Content Investment Association.
Meanwhile, this year, Crit Ventures is focusing its investments on global and content-focused companies, including Clink, Rezim International, and Oneself World.
- See more related articles
You must be logged in to post a comment.