Lotte Accelerator

Lotte Accelerator is a corporate venture capital firm based in Seoul, South Korea, established in 2016 as the venture capital arm of Lotte Group. The firm focuses on investing in early-stage technology companies, leveraging Lotte Group's extensive infrastructure and business resources to support the growth of its portfolio companies. Lotte Accelerator operates the L-Camp program, a six-month accelerator program conducted twice a year, selecting over 20 startup companies per cohort and investing between 20 million to 50 million KRW in each. The program offers office space, mentoring, networking opportunities, and culminates in a Demo Day featuring pitching and display sessions. The firm's investment focus spans various sectors, including technology, retail, food & beverage, chemical, and construction, with a geographical emphasis on South Korea. Lotte Accelerator's investment strategy centers on fostering innovation and supporting the entrepreneurial journey of startups by providing both financial backing and strategic guidance. By leveraging Lotte Group's vast network and resources, the firm aims to drive the success of its portfolio companies and contribute to the broader startup ecosystem in South Korea. Through its accelerator programs and venture capital investments, Lotte Accelerator plays a pivotal role in nurturing early-stage technology companies and facilitating their growth within the dynamic South Korean market.