NAVER Expands Startup Investments in Silicon Valley with the Planned Establishment of NAVER Ventures
NAVER Expands Startup Investments in Silicon Valley with the Planned Establishment of NAVER Ventures
NAVER Expands Startup Investments in Silicon Valley with the Planned Establishment of NAVER Ventures
- Key executives, including Founder Lee Hae-jin and CEO Choi Soo-yeon, engage in discussions with the local startup ecosystem
- The new investment initiative will focus on investing in promising startups in North America, starting with video AI startup ‘TwelveLabs’
- NAVER has a strong track record of tech startup investments through its NAVER D2SF and is also known for acquiring Poshmark
June 8, 2025
NAVER Corporation (CEO Choi Soo-yeon) announced the planned establishment of “NAVER Ventures,” its new global venture investment initiative in Silicon Valley. The launch marks a significant step in NAVER’s strategy to expand its global footprint and foster innovation by investing in promising startups in North America.
NAVER Ventures aims to build on NAVER’s experience in supporting startups through its NAVER D2SF, which has invested numerous early-stage technology startups and supported their overseas expansion. The company also expanded its global portfolio by acquiring Poshmark, a leading U.S. based social commerce platform, in 2023.
As part of its commitment to the Silicon Valley ecosystem, NAVER Founder and Chairman Lee Hae-jin, CEO Choi Soo-yeon, and Kim Namsun, President of investments visited the region to engage directly with entrepreneurs, engineers, and investors. They hosted the “Venturing NAVER’s Next Chapter” networking event on June 5 at the Four Seasons Hotel, where they discussed NAVER’s vision for supporting startups and fostering technological innovation.
NAVER Ventures has confirmed its first investment in TwelveLabs, a video AI startup recognized for its innovative technology. The investment aligns with NAVER’s focus on AI competitiveness and its strategy to collaborate with global startups to drive future growth.
The new investment initiative, NAVER Ventures, overseen by Kim Namsun, is expected to complete its establishment process later this month. It will invest capital and expertise to help category-leading companies accelerate the growth of their businesses. (/END)
[Image] NAVER Founder and Chairman Lee Hae-jin at NAVER Ventures Networking Event
[Image] NAVER CEO Choi Soo-yeon at NAVER Ventures Networking Event
