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Bridge Alliance Partners (BAP) is a venture capital firm founded in 2017 and headquartered in Seoul, South Korea. The firm operates under both the names Bridge Alliance Partners and BA Partners, reflecting its commitment to connecting venture capital, startups, and investors. BAP has made significant strides in the investment landscape, having invested in a total of 100 companies with a cumulative investment amount of 1,363 billion KRW and a total fund raised of 1,647 billion KRW as of February 2026.
Since its inception, BAP has focused on facilitating investment opportunities across various sectors, including bio/health, AI, and commerce. The firm has established multiple investment funds, such as the 'Lucky Penguin Investment Fund' and 'Next Penguin Investment Fund,' to support startups at different stages of their development. BAP's office is located in the prime venture capital district of Gangnam-gu, Seoul, positioning it strategically within South Korea's vibrant startup ecosystem.
Bridge Alliance Partners invests across a wide range of sectors, including bio/health, materials, devices, AI, data, ESG, and commerce. The firm targets various stages of startup development, from friends-family and angel rounds to pre-seed, seed, seed-plus, series A, series B, and growth equity. This multi-stage investment strategy allows BAP to support startups as they grow and evolve.
Notable investment funds include the 'Lucky Penguin Investment Fund' and 'Next Penguin Investment Fund,' which are designed to cater to startups at different stages. BAP seeks to connect venture capital, startups, and investors, facilitating investment opportunities that align with its thesis of fostering innovation and growth. The firm values founders who demonstrate strong leadership and a clear vision for their companies, and it prefers to engage in co-investment opportunities to maximize the potential for success.
Bridge Alliance Partners has a diverse portfolio comprising a total of 100 cumulative investments, with 39 confirmed portfolio companies across various sectors. The firm has made significant investments in healthtech, diagnostics, and beauty, reflecting its focus on bio/health and commerce. While specific notable companies or case studies were not detailed, the portfolio's breadth indicates a strong presence in the startup ecosystem.
Some of the sectors represented in BAP's portfolio include:
This diverse sector representation underscores BAP's commitment to investing in companies that are positioned for growth and innovation.
이종승, Partner - 이종승 has extensive experience in venture capital and has been instrumental in leading investments across various sectors.
전수협, Partner - 전수협 brings a wealth of knowledge in startup growth and investment strategies, contributing to BAP's diverse portfolio.
변종은, Partner - 변종은 specializes in healthtech investments and has a strong track record in the biotech sector.
서아영, Senior Associate - 서아영 supports the investment team with market research and due diligence.
최민석, Associate - 최민석 focuses on sourcing new investment opportunities and managing relationships with portfolio companies.
김지영, Associate - 김지영 assists in evaluating potential investments and conducting market analysis.
조재문, Executive Advisor - 조재문 provides strategic insights and guidance to the firm based on extensive industry experience.
이원배, Advisor - 이원배 offers expertise in financial analysis and investment strategy.
천강욱, Advisor - 천강욱 specializes in technology investments and market trends.
임지애, Manager - 임지애 oversees operational aspects of portfolio management.
김보람, Assistant Manager - 김보람 supports the team in administrative and operational tasks.
전 별, Senior Staff - 전 별 contributes to research and analysis within the firm.
To pitch to Bridge Alliance Partners, startups should utilize the preferred channel of their website at bapvc.com or email bapvc@bapvc.com. It is important to include a comprehensive pitch deck that outlines the business model, market opportunity, and financial projections. BAP typically reviews submissions promptly, but response times may vary based on the volume of inquiries. Warm introductions are beneficial but not mandatory.
As of February 2026, Bridge Alliance Partners has made a cumulative total of 100 investments amounting to 1,363 billion KRW. The firm continues to raise funds, having accumulated a total of 1,647 billion KRW. BAP has confirmed investments in 39 portfolio companies across sectors such as healthtech, diagnostics, and beauty, indicating active deployment since its founding in 2017.
What are Bridge Alliance Partners' investment criteria?
BAP invests in startups across various sectors, including bio/health, AI, and commerce. The firm targets companies at different stages, from early-stage to growth equity, and looks for strong leadership and a clear vision in founders.
How can startups apply or pitch to Bridge Alliance Partners?
Startups can pitch to BAP through their website at bapvc.com or via email at bapvc@bapvc.com. It is advisable to include a detailed business plan and financial projections in the pitch deck.
What makes Bridge Alliance Partners different from other venture capital firms?
BAP focuses on connecting venture capital, startups, and investors, facilitating investment opportunities across multiple sectors. The firm's extensive network and expertise in venture capital provide valuable support to portfolio companies.
What is the geographic scope of Bridge Alliance Partners' investments?
BAP primarily focuses on investments within Asia, leveraging its location in Seoul, South Korea, to tap into the region's vibrant startup ecosystem.
What kind of post-investment involvement does Bridge Alliance Partners have?
BAP adds value to its portfolio companies by providing strategic guidance, facilitating connections with investors, and leveraging its extensive network to support growth and success.
What is the typical check size for investments made by Bridge Alliance Partners?
While specific check sizes are not disclosed, BAP invests across various stages, indicating a flexible approach to funding that can accommodate different startup needs.
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