Global Investment
SK networks’s global investment activities aiming for an operation-based investment company
Investment Thesis
We aim to become an operation-based investment company, whose value is continuously raised through such investment activities. To this end, we explore global investment opportunities to identify future growth drivers and upgrade our existing business models.
Investment Domains
We selected three primary focus areas , considering our corporate philosophy, growth potential, and social impact.
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Digital Transformation
Digital technologies make our lives convenient and smart. We invest in digital technologies that will bring about meaningful changes in society.
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Web 3
Web3 is characterized by security, decentralization, and transparency and can be applied in various industries. We invest in Web3 / blockchain-related areas in preparation for the future.
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Sustainability
We pursue sustainable growth to create future value for all generations.
Network
Hicosystem is an inner circle network developed with early stage investment partners worldwide. It is driven by SK networks.
- Startup Founder 109
- Investor 84
- Advisor 32
Team
A multinational team with expertise is in charge of our global investments. Additionally, we have established an investment vehicle, Hico Capital, in Silicon Valley to enhance our network and proactively identify investment opportunities.
History
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March 2018
First investment (Kurly*)
* IRR: 60%
(as of Jan. 2023) -
May 2020
Hico Capital established
(a subsidiary in U.S.)
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November 2021
Fund Ⅱ launched
※ Fund Ⅰ IRR: 44%
(as of Jan. 2023)
Portfolio - direct investment
- 20 Total : 20
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8
Direct Investment : 8
※ Kurly, Chai, MycoWorks etc.
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12
Fund Investment : 12
※SoftBank Future Innovation FundⅢ,
DCVC Bio FundⅡ, Kindred Ventures FundⅡ etc.