Korea Technology Finance Corporation

Overview

Established in 1989, the Korea Technology Finance Corporation (KOTEC) is a non-profit government-affiliated institution dedicated to facilitating technology financing for innovative small and medium-sized enterprises (SMEs) in South Korea. Its primary mission is to promote economic growth by providing financial support to technology-based startups lacking sufficient collateral. KOTEC achieves this through services such as credit guarantees, technology appraisals, and guarantee-linked equity investments. KOTEC's investment strategy focuses on a wide range of stages, from seed to late-stage investments, including pre-IPO, buyouts, turnarounds, and distressed situations. The corporation's asset class focus encompasses venture capital, private equity, and fixed income instruments. Geographically, KOTEC primarily concentrates its investments within South Korea, aiming to bolster the domestic technology sector. The industries it targets are diverse, including technology, healthcare, financial services, manufacturing, energy, biotechnology, environmental services, consumer goods, media, telecommunications, transportation, retail, education, agriculture, and construction. Over the years, KOTEC has played a pivotal role in supporting the growth of numerous technology-based startups, contributing significantly to the development of South Korea's economy. Its comprehensive support system, which includes technology appraisal and guarantee-linked investments, has been instrumental in fostering innovation and entrepreneurship within the country. By continuously adapting its strategies to meet the evolving needs of the technology sector, KOTEC remains a cornerstone in South Korea's efforts to promote technological advancement and economic development.

Investment Focus

• Technology-based startups
• Small and medium-sized enterprises
• Lack of sufficient collateral
• Innovative business models
• High growth potential
• Alignment with South Korea's economic development goals
• Commitment to technological advancement
• Scalability
• Sustainability
• Market competitiveness
• Strong management team
• Clear exit strategy
• Compliance with regulatory standards
• Financial viability
• Social responsibility
• Environmental sustainability
• Intellectual property assets
• Research and development focus
• Export potential
• Job creation potential

Portfolio Companies