Bass Investment

Bass Investment is a prominent venture capital firm based in Seoul, South Korea, established in 2017. The firm primarily focuses its investments on early-stage startups demonstrating high growth potential, with a particular emphasis on the information technology, software, and healthcare sectors. Their mission is to identify and nurture innovative companies that are poised to shape future industries.

Bass Investment has demonstrated significant fundraising capabilities, notably closing its 'Bass Investment Scale-up Fund No. 1' in March 2024, raising 100 billion Korean Won, equivalent to approximately $75.5 million USD. This substantial capital allows the firm to deploy significant resources into promising ventures. While their stated focus is early-stage, their investment strategy often includes follow-on funding, enabling them to support portfolio companies through multiple growth stages, from initial seed or Series A rounds into later Series B, C, and even D rounds.

The firm boasts a robust portfolio of successful companies, reflecting its acumen in identifying high-potential ventures. Among its notable investments is Hyperconnect, a video and chat app company that was acquired by Match Group for a remarkable $1.7 billion. Bass Investment also made a significant investment of 10 billion Korean Won (approximately $7.5 million USD) in Riiid, an AI education technology firm, during its Series C round. Other key portfolio companies include online learning platform Class101, chat API provider SendBird, and proptech leader Zigbang, showcasing their diverse yet focused investment approach within their target sectors.