Naver
NAVER D2SF is NAVER’s corporate venturing(CV) team, taking on greater challenges and fostering more sustainable growth through collaboration with startups. We focus on technologies that can bring changes to our day-to-day in various fields, such as AI, robotics, spatial computing, mobility, and healthcare. We aim to create synergies between startup
Investment focus
Naver's portfolio on More Capital spans fintech, data & analytics. The firm is based in South Korea. Of the 2 portfolio companies tracked here, 1 have publicly reported valuations totaling approximately $2B.
If your company is backed by Naver
Employees at companies backed by Naver may encounter this fund's name on their cap table, in board communications, or in funding announcements. Understanding who invests in your employer can provide useful context when evaluating your equity.
What this means for your stock
Institutional investors like Naver typically hold preferred shares with rights that differ from the common stock or options held by employees. In a liquidity event, preferred shareholders may have liquidation preferences, anti-dilution protections, or board-level governance rights that affect the value of common equity. The specific terms depend on each company's funding agreements.
Secondary market considerations
Some venture-backed companies allow employees to sell shares on secondary markets, while others restrict transfers. Whether your company permits secondary sales, and under what conditions, is typically governed by the company's equity plan and any applicable right-of-first-refusal provisions — not by the fund itself. However, the presence of institutional investors can sometimes signal the maturity and governance structure of the company.
Naver portfolio companies
2 companies tracked on More Capital, sorted by reported valuation. 1 companies do not have a publicly reported valuation.
Top holdings by valuation
By sector
Latest Naver news
Industries invested in
Frequent co-investors
Funds that most frequently co-invest alongside Naver in the same companies.
Last verified: 2026-05-28
Portfolio data compiled from public filings, press releases, and industry databases. Valuations are reported figures and may not reflect current market conditions. Not investment advice. Consult a qualified advisor before making financial decisions.