KVIC invests in Jolt Capital V

KVIC, the Seoul-based government-backed fund of funds manager, has selected Jolt Capital V as one of a handful of international funds to invest in in 2025.

Close to 80 funds had applied to the first round of requests for proposal, out of which 13 were finally selected, including 2 French GPs (Jolt Capital and Korelya Capital). Jolt Capital will receive the largest allocation of all 13 funds.

Jean Schmitt (seated next to KVIC's CEO Daehi Lee) attended the inaugural event in Jeju this week.

Thank you KVIC for your commitment and for putting together this excellent event.

After having just announced our first hire in Seoul, we are looking forward to celebrating lots of vigorous partnerships and fruitful collaborations.

[Sept 5, 2025]