The primary responsibilities of the group are to source, qualify, and invest in technology-related companies. Our major investment areas include semiconductors, materials, mobile service, internet, software, security, enterprise solutions, bioengineering, and medical, while potential investment subjects range from early-stage startups to pre-IPO companies. Currently, the group has over $1.8B under management and invests $250M annually. Samsung Ventures was founded on October 8, 1999, and is based in Seoul, South Korea.