Miko invests 366 billion KRW targeting tech startups... New technology fund shares ensure 99%.

Kosdaq-listed company Meike Investment has acquired a majority stake in a new technology investment portfolio for approximately 36.6 billion Korean won. This is interpreted as an indirect strategy to expand investment in technology companies with high rise potential.

Meike announced on December 22 that it will invest in the Pentastone No. 3 new technology portfolio. The investment scale is approximately 36.6 billion Korean Won, and after the investment, Meike will hold 99% of the equity in the portfolio. This is essentially a structure close to that of a single investor.

The new technology investment portfolio is an indirect investment institution that provides funding to high-yield, high-risk areas such as risk enterprises or technology startups. Unlike direct investment, it can diversify investments across multiple companies, making it a way to bet on the growth potential of innovative companies while reducing risk.

Meike explained that the purpose of this investment is to ensure investment opportunities in potentially promising technologies and enterprises. The intention behind this move is to strengthen future rise momentum and seek diversification of medium- and long-term revenue sources beyond existing businesses. In particular, for Meike, which primarily focuses on the manufacturing of semiconductor-related components, this move is also interpreted as a signal that it will expand its focus to technological fields beyond its main industry.

This investment decision was made against the backdrop of the increasing attention on non-listed technology companies in the recent financial market. During the adjustment phase of the interest rate hike cycle, demand is shifting back towards growth-oriented investments, and companies are taking proactive actions to build related investment portfolios.

This trend is very likely to lead to an expansion of investments in technology startups, and it is expected that Meike will also seek strategic partnerships or follow-up investment opportunities through fund operations. This approach, in the long run, also makes it difficult to rule out the possibility of giving rise to new core business groups.