South Korea's KB Financial will establish a 150 billion won unicorn fund, focusing on investing in strategic industries such as AI and semiconductors.

TechFlow news, on July 27, according to South Korean media NATE, South Korea's KB Financial Group announced the establishment of the "KB National Growth Unicorn Scale-up Fund" with a scale of 150 billion Korean won, focusing on investing in unicorn enterprises in industries such as AI, semiconductors, and robotics, and it is reported that the fund will be fully funded by subsidiaries under KB Financial and managed by the PE Growth Investment Department of KB Securities. Meanwhile, KB Financial also plans to increase financial support for Physical AI, AI data centers, power infrastructure, and semiconductor enterprises.