Search results for Investment Review Committee
AI & Enterprise
National Growth Fund bets 800 billion won on FuriosaAI, backs SK Bioscience too
South Korea\'s National Growth Fund will support domestic AI chipmaker FuriosaAI to expand mass production and develop next-generation chips, while also providing funding to Smilegate for an AI data centre project and to SK Bioscience for vaccine development and plant expansion. The Financial Services Commission approved five projects worth 4.14 trillion won, raising the fund\'s cumulative approvals to 12.5 trillion won across 16 projects. Support also includes loans for L&F Plus and funding for switchboard maker Geunu.
Finance
Hana Financial Group seeks firms for 2026 Hana ESG Double Impact Matching Fund
Hana Financial Group said on Tuesday it is recruiting participating companies for its 2026 Hana ESG Double Impact Matching Fund. The fund, financed entirely with group donations, supports early-stage commercialisation for ESG startups and other firms. Hana Financial said it reinvests principal and returns to back new companies. Since launching in 2022, it has invested in 52 firms and committed 9.05 billion won. Total investment size is 2 billion won.
Finance
Korea Development Bank pledges 250 trillion won support over 5 years
Korea Development Bank said it will provide 250 trillion won in support over the next five years to back a major leap in the domestic economy and industry. The plan includes operating the National Growth Fund, boosting competitiveness in advanced and future strategic industries such as AI, expanding regional finance for balanced growth, and supporting industrial upgrades and a green energy transition. It will also run a 25 trillion won National Growth programme alongside the fund.