Asan Nanum Foundation

The Asan Nanum Foundation is a South Korean non-profit organization established in October 2011 to honor the founder of Hyundai Group, Chung Ju-yung. The foundation's mission is to promote entrepreneurship through various initiatives, including startup incubation centers (MARU), educational programs, and investment activities. It operates the "Chung Ju-yung Angel Investment Fund," which invests in early-stage startups, and also acts as a limited partner by investing in other venture capital funds and accelerators. As of 2024, the foundation's initiatives have led to the formation of funds totaling ₩2.1 trillion (approximately $1.6 billion).