Powerlist 2026: Dong-Su Kim, LG Technology Ventures

Dong-Su Kim, CEO of LG Technology Ventures, is one of the 100 leading corporate venturing professionals in our 2026 Powerlist.

Venture capital is a power law-driven business so watching a startup’s valuation increase 40x inside two years stands out, even for someone like Dong-Su Kim, CEO of LG Technology Ventures, the Silicon Valley-based corporate VC unit of South Korea’s LG Group.

LG’s investment in Anthropic has experienced an almost-unprecedented valuation increase from under $18bn to a reported $800bn between August 2023 and May 2026, due to revenue growth from its Claude AI model series and Claude Code agent.

Founded in 2018, LG Technology Ventures manages more than $880m in assets across multiple funds on behalf of the main LG affiliates, including LG Electronics, LG Display, LG Innotek, LG Chem, LG Energy Solution, LG Uplus and LG CNS.

The Anthropic deal shows LG’s CVC approach. Kim worked on the deal with LG CNS’s buy-in and support to help the portfolio company land its then-Claude 2 large language model inside the corporation.

“LG CNS and LG Technology Ventures worked together organically for the investment in the company [Anthropic],” insiders said at the time.

Kim focuses on identifying category leaders in transformative technologies, particularly in batteries and AI and robotics, and LG Technology Ventures complements the group’s corporate venture building unit, LG Nova.

Meanwhile, LG Technology Ventures is helping LG explore new markets such as humanoid robotics by participating in the $675m series B funding round for Figure AI in 2024. The investment has already led to a collaboration between Figure AI and LG’s battery division, which sees the burgeoning humanoid robotics industry as a new customer base.

On exits, Kim continues to rotate the portfolio at a slower pace than investing with one reported sale of Hyperlume to Credo Semiconductor last year.

The team makes around 15 to 20 investments annually and Kim expects this pace to continue. He puts the CVC unit’s success down to strong LG leadership support.

But it also comes down to his own experience. He joined LG in May 2018 having previously led investments in more than 30 companies, including Pure Storage and Netlist before their flotations, and others, at South Korean peer Samsung’s US CVC unit.

https://globalventuring.com/people/powerlist-2026-dong-su-kim-lg-technology-ventures/