LG Technology Ventures launches $309m AI, battery tech fund

Nov 21, 2023 • Roshini Bains

LG Group's corporate venture capital unit has launched a new fund to back startups that are part of the energy transition.

Image courtesy of FreePik

LG Technology Ventures, the corporate venture arm of the South Korean conglomerate, has formed a $309m fund to back global startups focusing on AI, batteries and mobility.
It is financed by LG Group's four units: LG Energy Solution, LG Uplus, LG CNS and LG Chem.
Founded in 2018, LG Technology Ventures invests in seed to early-stage startups operating in IT, AI transport...

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