Daesung Private Equity Company Description

Daesung Private Equity, Inc. is a private equity and venture capital firm specializing in seed/startup, early venture, turnaround, incubation in growth capital companies.

The firm also invests in corporate restructurings and secondary markets. It seeks to invest in biotechnology, broadcasting, clothing, cultural contents, entertainment, movies, musicals, Korean television series, digital television, display, electricity, electronics, environment and energy technology, food and beverage, information communication, telecommunications, technology, machinery, nanotechnology, online mobile and video gaming, parts and materials, semiconductor and semiconductor equipment, sound source, textile, and fashion sectors.

The firm also invests in companies that own patents, and in converged contents across cultural industry genres, technology, distribution and software.

It also considers investments in low to mid budget Korean movies based on total net production costs.

The firm primarily invests in South Korea with a focus in Seoul, Gyeonggi-do, and Chungcheongnam-do. It also considers investments in companies based in Daegu and Gwangju.

It seeks to exit its investment though IPO. The firm was formerly known as Daegu Venture Capital, Insight Venture, BiNEXT HiTEC Co., Ltd. and BiNEXT Capital Corporation.

Daesung Private Equity, Inc. was founded in 1987 and is based in Seoul, South Korea with an additional office in Gwangju, South Korea.