Ulmus Investment

Ulmus Investment is a South Korean venture capital firm specializing in early-stage investments in technology sectors. The firm focuses on sectors such as artificial intelligence, healthcare, information technology, and analytics. Ulmus Investment employs a strategy that includes secondary investments, growth capital, and mergers and acquisitions. The firm has established secondary funds in 2019, 2022, and 2024, with the Korea Fund of Funds as the anchor limited partner. Notably, three investments from the fund formed in December 2022 were immediately exited, and 25% of the invested principal was distributed to limited partners in the first half of 2023. The multiples for Angel Robotics and Kosem, which went public in 2023, reached 4x and 3x, respectively. Ulmus Investment aims to develop a reasonable investment decision-making structure by reducing conflicts of interest between shareholders and management staff. The firm has made 21 investments, with its latest investment in MakinaRocks as part of their Series B - II on December 31, 2024. The firm's headquarters are located at 316, Yeongdong-daero, Gangnam-gu 8F, Seoul, South Korea. For inquiries, they can be contacted via email at ulmus@ulmus.co.kr or by phone at +82-2-2051-5123.