Ascendo Ventures

Ascendo Ventures

South Koreaascendovc.com

Overview

Ascendo Ventures is an early stage venture capital fund based in Seoul, South Korea. Through its strong relationships with Korean R&D hubs and the startup ecosystem, Ascendo has early access to source and engage top tier startups, with the primary objective of accelerating growth via cross-border business development. The firm seeks to invest in companies operating in the internet of things, artificial intelligence, robotics, environment, climate, digital healthcare, food technology, and blockchain sectors in Asia. Ascendo strives to be a true lifecycle partner for the fastest growing, game-changing Asian tech companies, providing funding and support to companies at various stages, from pre-series A to pre-IPO.

Year Founded

2018

Portfolio Companies

9

Investments

CompanyDateStageLead
UgleelabAug 2024Pre SeedCo-investor
LatticeApr 2024VC RoundLead
CloudHospitalFeb 2023VC RoundCo-investor
ENERZAiFeb 2023Series ACo-investor
AlloDec 2021Series ACo-investor

Sector & Stage Mix

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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Firmographic Details

HeadquartersSouth Korea
Year Founded2018

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