Taejoon Park has become the second high-profile departure from Applied Ventures in recent months, moving to LG Technology Ventures.

LG Technology Ventures, the recently launched strategic investment arm of South Korea-based electronics producer LG, has hired Taejoon Park from fellow corporate venturing unit Applied Ventures as an investment director.

Established in the US in May this year, LG Technology Ventures is equipped with $400m from LG and subsidiaries LG Chem, LG Display and mobile carrier LG Uplus, and will invest in developers of technologies such as artificial intelligence, robotics and auto components.

“The newly established unit is aimed at…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
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