Venture Capital Business is one of the principal sources of income for AV Concept. The venture capital business engages in the investments in listed/unlisted equity investments with an ultimate objective of obtaining capital gains on investee’s equity listing or, in some circumstances, prior to listing. It also includes investments in real estate, managed funds, investments in an associate and a joint venture, or convertible bonds. The most recent investments for venture capital business included Korean-listed companies, IE Limited and Me2on Co., Ltd.
IE Limited mainly engages in game development and influencer marketing platform. IE Limited is the mobile game developer which currently owned Korea’s most popular webtoon licenses, and acquired Korea’s number one influence marketing platform, SmartPosting. Me2on Co., Ltd. is a mobile game developer and publisher with headquarter in Korea.