About Us

Like the Øresund Bridge connecting Denmark and Sweden across a wide strait,
we serve as a strong bridge linking venture capital, startups, and investors.

Overview

(As of Feb. 2026)

100

Cumulative Portfolio Companies

136.3B

Cumulative Investment Amount (KRW)

164.7B

Cumulative Fund Commitments (KRW)

Company History

2026

Mar.Selected as a General Operator of Scale-up TIPS

2025

Aug.Formed BAP Lucky Penguin Fund No. 7

Nov.Received the Minister of SMEs and Startups Award, VC of the Year (Small-sized Category)

2023

Sep.Formed BAP Secondary Fund No. 2

Oct.Formed BAP Next Penguin Fund No. 6

2022

Jul.Formed BAP Pink Penguin Fund No. 5

2021

Aug.Formed BAP Step-up Penguin Fund No. 4

2020

Aug.Formed BAP Flying Penguin Fund No. 3

Sep.Established subsidiary First Step Labs

2019

MayFormed (Project) BAP Unicorn Fund No. 1

Jun.Formed BAP First Penguin Fund No. 2

2017

Apr.Founded BA PARTNERS

Jun.Formed BAP Advanced Technology Fund No. 1