LG Technology Ventures funding comes with something most VCs cannot offer: the full weight of LG Group behind the term sheet. LG Group's corporate venture arm, headquartered in Silicon Valley since 2018, manages nearly $1 billion across 80+ active investments to connect startups with LG's global businesses. For Indian deeptech founders eyeing Korean or US partnerships, learning how to get funding from LG Technology Ventures is worth the effort — keep your list of angel investors in india for the earliest rounds; this is the institutional partner for the rounds after.
Thesis & focus
The firm's stated mission is to back early-stage innovators "with the strength of the LG Group's global resources." In practice, that means backing startups whose technology can create synergy with LG affiliates — from displays and batteries to appliances and telecom. The group expanded the fund to 1 trillion won (~$770 million) after roughly 70% of the original 600 billion won corpus was deployed.
Sectors & stages
The firm partners with early- and growth-stage companies across AI, biotech, cleantech, batteries, mobility and robotics; it is stage-agnostic but most active at Series A and B. Roughly half of its invested capital has gone into AI, biotech, batteries and mobility — the sectors where LG's industrial footprint is deepest.
Fund size & cheque size
LG Technology Ventures reports nearly $1 billion in assets under management, backed by seven LG-group LPs: LG Electronics, LG Display, LG Innotek, LG Chem, LG Energy Solution, LG Uplus and LG CNS. Cheque sizes run from a few million dollars up to $10 million per round. Over five years the firm has deployed over 400 billion won across 64 entities, including startups and venture funds.
Notable portfolio
Portfolio companies named by the firm include AI world-simulation company Inworld AI, OLED materials company OTI Lumionics, cell-therapy biotech Arcellx (backed from Series B through its 2022 IPO), and autonomous trucking company Venti. Third-party data also places Hume AI, Jadu and Wave in the portfolio. The firm counts 10 exits or IPOs to date.
Key people
The team includes partner Anshul Agarwal (on Venti's board), managing director Park Tae-joon and Sungkwon Kang, named to Global Venturing's Emerging Leaders 2026.
Programs, credits & perks
There is no public startup-credits program; the "perks" are strategic. Portfolio companies gain access to knowledge and opportunities across LG Group's global network — including founder business trips to Korea and the LG Open Innovation Summit in Silicon Valley, where founders meet LG leadership alongside peers from firms like Anthropic and Microsoft's M12. For hardware and deeptech startups, that corporate access is the real subsidy.
How to apply for funding
The firm's website carries no public pitch-submission form; introductions remain the route in, typically via co-investors, founders in the portfolio, or the team's own sourcing. Lead with the strategic fit: name the LG affiliate whose roadmap your technology accelerates, because group synergy — not just standalone upside — is what the investment committee underwrites.
Why it matters for founders
LG Technology Ventures is one of the few cheques that comes bundled with a Fortune-scale industrial partner. If your AI, biotech, battery or mobility startup can plug into LG's businesses, this ~$1B CVC offers capital, credibility and a fast lane into Korean and global supply chains.