Venture branch of Korean patent fund notches another profitable year and looks to broaden its scope 08 May 17
The venture capital arm of Korean patent fund operator Intellectual Discovery recorded another profitable year in 2016, according to an annual financial disclosure. The firm also has a new fund in the works that will take it beyond the technology sector for the first time in a bid to diversify its holdings. Any traction gained by the venture outfit is good news for the overall ID organisation, which has had its share of turbulence in the last year.
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