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L&S Venture Capital

Asia, Seoul-t'ukpyolsi, South Korea, Seoul

Description

L&S Venture Capital is a prominent venture capital firm based in Seoul, South Korea, actively contributing to the nation's burgeoning startup ecosystem. Established to foster innovation, the firm primarily focuses on early to growth-stage companies, demonstrating a versatile investment strategy across various high-potential sectors. Their portfolio reflects a strong inclination towards deep technology, including biotech, healthcare, artificial intelligence (AI), big data, smart factory solutions, and advanced manufacturing.

The firm's investment thesis centers on identifying companies with strong technological foundations and significant market disruption potential. L&S Venture Capital is known for its hands-on approach, often providing strategic guidance and leveraging its extensive network to support portfolio companies through their growth phases. While they participate in diverse funding rounds, their typical engagement involves supporting promising startups from their initial stages through follow-on investments as they scale.

L&S Venture Capital manages several specialized funds, underscoring its targeted investment approach. Notably, the firm oversees a significant fund of approximately 100 billion Korean Won (around 75 million USD) dedicated to investments in smart factories and deep technology. Additionally, they manage a separate fund of roughly 30 billion Korean Won (approximately 22 million USD) specifically earmarked for the bio and healthcare sectors. These dedicated funds highlight their commitment to fostering innovation in critical industries.

Through its strategic investments and active participation in the startup community, L&S Venture Capital plays a crucial role in nurturing South Korea's next generation of technology leaders. Their consistent support for innovative ventures, particularly in areas like biotechnology and AI, positions them as a key player in driving technological advancement and economic growth within the region.

Investor Profile

L&S Venture Capital has backed more than 20 startups, with 7 new investments in the last 12 months alone. The firm has led 2 rounds, about 10% of its total and boasts 4 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Seed, Series B rounds (top funding stages).
  • Majority of deals are located in South Korea, Israel, United States.
  • Strong thematic focus on Manufacturing, Artificial Intelligence (AI), Medical.
  • Led 2 rounds in the past year.
  • Typical check size: $500K – $5M.

Stage Focus

  • Series A (35%)
  • Seed (20%)
  • Series B (20%)
  • Series Unknown (15%)
  • Series C (10%)

Country Focus

  • South Korea (85%)
  • Israel (5%)
  • United States (5%)

Industry Focus

  • Manufacturing
  • Artificial Intelligence (Ai)
  • Medical
  • Hardware
  • Saas
  • Software
  • Biotechnology
  • Medical Device
  • 3d Printing
  • Graphic Design
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does L&S Venture Capital frequently co-invest with?

Altos Ventures
North America, California, United States, Menlo Park
Co-Investments: 2
DSC Investment
Asia, Seoul-t'ukpyolsi, South Korea, Seoul
Co-Investments: 2
SL Investment
Asia, Seoul-t'ukpyolsi, South Korea, Seoul
Co-Investments: 3
Schmidt
Asia, Seoul-t'ukpyolsi, South Korea, Seoul
Co-Investments: 2
SJ Investment Partners
North America, New York, United States, New York
Co-Investments: 2
SV
Asia, Seoul-t'ukpyolsi, South Korea, Seoul
Co-Investments: 2
Co-Investments: 2
Coolidge Corner Investment
Asia, Seoul-t'ukpyolsi, South Korea, Seoul
Co-Investments: 2
KDB Capital
Asia, Seoul-t'ukpyolsi, South Korea, Seoul
Co-Investments: 3

What are some of recent deals done by L&S Venture Capital?

Ettifos

Seongnam, Kyonggi-do, South Korea

Ettifos is a V2X technology and service development start-up.

AppsElectronicsWireless
Series BJul 2, 2025
Amount Raised: $11,000,000
AIRS Medical

Doksansadong, Seoul-t'ukpyolsi, South Korea

AIRS Medical is an MRI reconstruction software service provider.

Health CareMedicalMedical DeviceSoftware
Series UnknownMar 12, 2025
Amount Raised: $3,444
AIRS Inc.

Daegu, Taegu-jikhalsi, South Korea

AIRS is pioneering the future of orthopedic surgery with its advanced platforms, paving the way for SURGERY 4.0.

ManufacturingMedical
Series AMar 11, 2025
Amount Raised: $3,447,232
Raywatt

Seongdong, Kyonggi-do, South Korea

Raywatt is a cardiovascular intervention medical device startup.

Information TechnologyManufacturingMedicalMedical Device
Series AMar 6, 2025
Amount Raised: $5,867,354
ANAFLASH

Sunnyvale, California, United States

ANAFLASH is a data-centric processor developer that develops neuromorphic processors for smart edge devices.

Artificial Intelligence (AI)EnergyInternet of ThingsSemiconductor
Series ANov 19, 2024
LESSENGERS

Pohang, Kyongsang-bukto, South Korea

LESSENGERS provides optical interconnect solutions using polymer wires for optical waveguides in 3D space.

HardwareOptical CommunicationTelecommunications
Series COct 24, 2024
Amount Raised: $6,528,805

Inserasolution manufactures high-performance Fast and Fine Steering Mirrors for laser-powered systems.

LaserManufacturingSensor
SeedOct 15, 2024
Amount Raised: $2,418,566
BeauBrain Healthcare

Seoul, Seoul-t'ukpyolsi, South Korea

We are dedicated to working towards prevention of Alzheimer’s Disease through biomarker-based disease prediction

Health CareHealth DiagnosticsMedical
Series AAug 23, 2024
Amount Raised: $3,019,141
enhans

Seocho, Seoul-t'ukpyolsi, South Korea

Enhans provides AI Service for brands including data analysis, automation, acquisition, and advertising services.

Artificial Intelligence (AI)Big DataE-CommerceRetail TechnologySaaS
Series ASep 6, 2023
Amount Raised: $5,620,209
Best Graphene

Seongnam, Kyonggi-do, South Korea

Best Graphene specializes in the manufacturing of graphene products tailored for a wide range of industrial sectors.

Industrial ManufacturingManufacturing
Series AJul 11, 2023
Amount Raised: $6,192,621