LG Tech Ventures is the corporate venture capital arm of LG Group, established in 2018 and based in Silicon Valley. With nearly $1 billion in assets under management, the firm invests in early- and growth-stage companies across sectors such as artificial intelligence, biotechnology and clean technology. Since its founding, LG Tech Ventures has backed more than 80 active startups and seen ten exits or IPOs. Headquartered at 5155 Old Ironsides Drive in Santa Clara, California, the team connects entrepreneurs with the resources of a global manufacturing and technology group.
The firm focuses on providing capital alongside strategic support and access to LG Group’s global network. Its portfolio spans companies working on advanced materials, enterprise security and mobility solutions. Leaders such as CEO Dong-Su Kim, Ph.D., and Managing Directors Robert McIntyre and Anshul Agarwal bring experience in both startup growth and corporate partnerships. By collaborating closely with LG affiliates in displays, energy and life sciences, LG Tech Ventures helps build market strategies, coordinates product trials and opens doors to supply chain and distribution channels.
Clean technology and battery development make up a key priority within the investment mix. The firm has invested in companies like Summit Nanotech, which uses direct lithium extraction to improve battery supply, and Act Ion, a developer of eco-friendly cathode materials. Other portfolio names include UNIGRID for sodium-ion cells, SES AI for solid-state battery research and Liminal for manufacturing intelligence in battery production. Through partnerships on reuse and recycling with firms such as Evyon and Li-Cycle, LG Tech Ventures supports projects that address material recovery and grid-scale energy storage.
