Amid an economic downturn and a chilly investment climate for startups worldwide, a new micro-VC firm called Rabbit Ventures has launched with a distinctive mission – to assist Korean founders in building successful global products right from the start. Focused on early-stage Korean startups with ambitions of entering the global market, Rabbit Ventures aims to nurture and elevate Korean talent internationally.
The co-founders of Rabbit Ventures, Chang Kim and Aviram Jenik, bring a wealth of experience in entrepreneurship, angel investing, and product development. Aviram Jenik has an impressive track record, co-founding and leading Beyond Security, a B2B cybersecurity firm acquired by Fortra in 2021. He has invested in over 40 companies in the B2B SaaS domain across Israel, the US, and Korea. He is known for his hands-on approach to helping portfolio startups refine their go-to-market strategies and enter the US market.
Chang Kim, also known as “CK,” is a seasoned founder and angel investor, having co-founded and led Tapas Media, a mobile storytelling platform acquired by Kakao Entertainment in 2021 for $510 million. With a background in product management at Google and a co-founding role at TNC, a prominent Asian blogging software company acquired by Google, CK’s expertise spans product development, community-building, and mobile content strategies.
Rabbit Ventures aims to support Korean founders driven to create global products from the beginning. The venture capital firm focuses on pre-seed investments in the B2B and cybersecurity sectors, providing funding ranging from $50,000 to $200,000 to promising startups.
The Rabbit Ventures team brings a unique approach, prioritizing hands-on involvement and mentorship over sheer capital. Their investment philosophy centers on providing strategic guidance and expertise to help Korean startups find their footing globally.
Chang Kim and Aviram Jenik’s firm belief in the potential of Korean entrepreneurs and their products underpins Rabbit Ventures’ vision. Backed by a notable group of LPs committed to actively supporting the portfolio companies, the firm is well-positioned to impact the Korean startup ecosystem significantly.
Also Read,Â
- Golf field lesson matching service Field Mentor gains significant seed investment from individual investors
- SaaS startup Business Canvas attracts Series A2 additional investment from multiple investors
- South Korea Announces Major Initiatives to Foster SaaS Development and Global Expansion
- KOSME Launches 2023 Youth Entrepreneurship Academy Global Expansion Program to Empower Young Entrepreneurs
Keep tab on latest news in the Korean startup ecosystem & follow us on  LinkedIN, Facebook, and Twitter for more exciting updates and insights.
