Korea’s SMBA to form VC fund with DFJ, Walden
Draper Fisher Jurvetson (DFJ) and Walden International have agreed to set up a $150 million venture capital fund with South Korea’s Small and Medium Business Administration (SMBA).
The vehicle, tentatively known as the Korea Fund, will receive contributions of $75 million from each of DFJ and Walden. The two VC firms will be responsible for managing the fund, at least 51% of which...
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