KB Financial Group Launches 1.5 Trillion Won Fund for AI, Semiconductors on July 24

According to ChainCatcher, KB Financial Group established a 1.5 trillion won (approximately $108 million) fund called the "KB National Growth Unicorn Scale-up Fund" on July 24. The fund, capitalized entirely by KB Financial subsidiaries and managed by KB Securities' PE growth investment division, will focus on enterprises in advanced industries including artificial intelligence, semiconductors, secondary batteries, aerospace, autonomous mobility, robotics, and biotechnology. The decision was finalized during the "4th Productive Finance Consultation Meeting."
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