KB Financial Launches 150 Billion Won Unicorn Scaleup Fund on July 27

According to KB Financial Group, on July 27, the company established a 150 billion won (approximately $115 million) unicorn scaleup fund to support advanced industries including AI, semiconductors, secondary batteries, aerospace, mobility, robotics, and biotechnology. The decision was made during the group's fourth productive finance conference on July 24. KB Securities' PE Growth Investment Division will manage the fund, which will be fully funded by KB Financial Group's subsidiaries and aim to develop unicorn companies and strengthen the group's investment capabilities across growth stages.
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