Murex Partners

Murex Partners is a venture capital firm based in Seoul, South Korea, focusing on early and mid-growth stage investments. The firm specializes in sectors such as technology, biotech, consumer goods, financial services, education, business services, and healthcare. Murex Partners operates with a thesis-driven investment strategy, emphasizing deep engagement with entrepreneurs to address specific challenges and opportunities within these industries.

The firm's investment approach is characterized by a commitment to a select number of startups, avoiding a 'spray and pray' strategy. This focused methodology aims to maximize corporate value by building strong relationships with founders and providing tailored support. Murex Partners has managed multiple funds, including the Murex Wave 3 Venture Investment Fund, established in 2022 with a total commitment of KRW 131.6 billion.

Murex Partners has a track record of successful investments, such as Yanolja, a company that sold part of its stake to SoftBank Vision Fund in 2021, achieving an internal rate of return (IRR) of 121.1%. Another notable investment is Pet-Friends, which was acquired by IMM PE and GS Retail in 2021, yielding an IRR of 66.3%. These examples reflect the firm's focus on identifying and nurturing high-potential startups within South Korea's dynamic market landscape.