S Korea's KVIC commits $37.5m to APAC, MENA funds including Cento, Do Ventures

Seoul, South Korea. Photo by Emile-Victor Portenart on Unsplash

South Korean fund-of-funds manager Korea Venture Investment Corporation (KVIC) has approved a capital commitment of $37.5 million to five venture funds from the Asia Pacific and Middle East and North Africa (MENA) region.

KVIC is a South Korean government-backed fund-of-funds manager with over $4 billion in assets under management, according to its website.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter