KB Financial Group said on the 1st that it created a 160 billion won "KB Deep Tech Scale-up Fund" to support innovative corporations in artificial intelligence (AI) and Robotics.
The fund's capital was raised by adding 85 billion won in investment from KB Kookmin Bank, KB Securities, KB Insurance, and KB Investment, affiliates of KB Financial Group, to 75 billion won in investment from the Korea Fund of Funds.
The fund's main investment targets are ▲ system semiconductors ▲ bio and health ▲ future mobility ▲ eco-friendly and energy ▲ robots ▲ cybersecurity and networks ▲ aerospace and marine ▲ next-generation nuclear power generation ▲ quantum technology.
A KB Financial Group official said, "We will provide unwavering support so that the 'K-startup,' the future of the national economy, can grow into a 'K-Nvidia.'"