The dedicated investment team in London will source early-stage investments in AI, biotech, robotics and clean tech startups across Europe.
LG Technology Ventures, the corporate VC arm of Korean conglomerate LG, has opened its first permanent overseas base in London. This marks the firm’s first time stationing dedicated investment staff outside its Silicon Valley headquarters.
The move aims to expand the group’s access to European deep tech startups, particularly in sectors requiring long development cycles such as AI, biotechnology and robotics.
The London team will focus on sourcing startups, conducting market research and coordinating investment activity with the US headquarters. LG Technology Ventures is also considering establishing a formal local entity in Europe at a later stage.
The team intends to prioritise early-stage investments in areas where Europe has established research strengths, including AI, biotech, robotics and advanced materials. LG is particularly targeting startups in what it describes as the “ABC” sectors — AI, bio and cleantech — with a strategy centred on identifying companies before they reach later funding rounds.
The expansion reflects a broader push by corporate venture investors to establish regional networks closer to university spinouts and research-heavy startup ecosystems. Europe has become an increasingly important market for deep tech investing, supported by government funding initiatives, strong academic institutions and a growing pool of specialist venture firms.
Most of LG Technology Ventures’ recent investments have focused on the North America.
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