# Amorepacific Ventures

Amorepacific Ventures is a Venture Capital based in Seoul, South Korea.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Seoul, South Korea
- **Region:** Asia
- **Address:** Seoul, South Korea
- **Founded:** 2018
- **Assets under management:** $100M (per AVCJ, 2023)
- **Website:** apvc.kr
- **LinkedIn:** https://www.linkedin.com/company/amorepacific-ventures

## Regulatory record

- **Reports private funds:** No

## About

Amorepacific Ventures is the corporate venture fund of Amorepacific, focusing on beauty and aesthetic technologies. It invests in early and later-stage opportunities relevant to Amorepacific. The firm has made 13 investments, including a Series B investment in Refilled on February 27, 2026.

## Sectors

- Beauty & Personal Care
- Digital Health
- Enterprise Software
- AI/ML
- Luxury

## Offices

- San Francisco, CA, United States

## People

- Suh Kyung-bae — Chairman, Amorepacific Group
- Kim Yun-kyoung — Head, Amorepacific Ventures

## Questions

### Who runs investment decisions at Amorepacific Ventures?

Kim Yun-kyoung leads the day-to-day investment operations as Head of Amorepacific Ventures, operating from both Seoul and San Francisco. Ultimate investment authority rests with Chairman Suh Kyung-bae, who controls the Amorepacific Group and serves as the firm's sole LP through the family’s corporate holdings.

### Does Amorepacific Ventures invest in fund commitments or only direct deals?

The firm pursues a direct-only strategy, writing equity and co-investment checks into Seed and Series A companies. There is no public record of the vehicle participating in LP commitments to external venture capital or private equity funds.

### Which sectors does Amorepacific Ventures explicitly target?

The firm concentrates on beauty and personal-care technology, digital health, artificial intelligence, and enterprise software with consumer-facing applications. Its strategic thesis focuses on innovations that can eventually integrate into Amorepacific's broader K-beauty ecosystem, including personalized skin diagnostics, genomic skincare, and next-generation e-commerce tools.

### What is the geographic deployment split for the fund?

Deployment concentrates on South Korea and the United States, with the firm maintaining offices in both Seoul and San Francisco. A smaller allocation targets select opportunities in Southeast Asia, leveraging the parent group's established commercial presence in markets like Thailand and Vietnam.

### What is Amorepacific Ventures' posture on co-investments?

The firm actively co-invests alongside established US and Korean venture capital funds through direct equity stakes and special-purpose vehicles. This collaborative approach pairs external financial validation with the strategic benefit of Amorepacific's corporate resources, making the vehicle an attractive syndicate partner for early-stage beauty-tech rounds.

## Related profiles

- [American Investment Holdings](https://altss.com/profile/american-investment-holdings)
- [Ample Harvest Finance](https://altss.com/profile/ample-harvest-finance)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/amorepacific-ventures

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology