Heaptalk, Jakarta — An agnostic-sector venture capital firm, East Ventures, has appointed Sang Han as a Partner of East Ventures South Korea fund. In his new role, he will leverage his extensive experience to manage the firm’s fund operation in South Korea.
“We are pleased to welcome Sang Han as our partner for the South Korea fund. Leveraging comprehensive knowledge in Korea and Southeast Asia, we believe he is an instrumental addition to our team in connecting corridors for our investment and funds between these regions. We eagerly anticipate further delving into the cast opportunities and South Korea,” said Co-Founder and Managing Partner of East Ventures, Willson Cuaca.
Sang brings 20 years of extensive experience, possessing key leadership roles within asset management and venture capital firms covering SEA, Korea, and the United States. His professional journey includes overseeing diverse corporate development responsibilities and directing investment. Sang also played a pivotal role in nurturing the growth of startups, notably during his tenure as the Managing Director of Temasek Lifesciences Accelerator (TLA).
“I am honored to join East Ventures. Building on this deep intention to invest, my focus will be on amplifying the bridge between Southeast Asia and South Korea to tap into the complementary synergies of both regions. I look forward to collaborating with the team and contributing to the success of startups and companies we proudly support,” said Sang Han, Partner of East Ventures South Korea fund.
New step after East Ventures and SV Investment partnership announcement
According to the company, this appointment follows the recent announcement of East Ventures South Korea fund with SV Investment worth US$100 million last October 2023.
The launch of this fund aims to unlock investment opportunities in the business ecosystems of Southeast Asia and South Korea, including capital injection, knowledge transfer, and expanding the business network. These investment firms would also tackle the fund to inject promising startups in their primary sectors, such as biotech and healthcare, future mobility, green technology, and media.
In partnership with SV Investment, the East Ventures South Korea fund will be managed collaboratively by leading venture capital firms from both countries to facilitate Korean tech startups and companies to attract foreign capital, promote overseas venture company IPOs, and exchange valuable expertise and know-how between the ecosystem.
