Irongrey

Irongrey is a Seoul-based family office and venture capital firm that invests in technology-based companies and venture capital funds across early to later stages. Its focus spans IT, enterprise applications, high tech, retail, alternative energy, energy & battery, environmental, and semiconductors, with 40% of its portfolio in climate & energy. The firm has made 20 investments to date, with an average disclosed round size of $73.2 million across five rounds, and recorded one portfolio exit. Recent activity includes a Series A-II investment in Estoca (September 2024) and a Series D round for Ascend Elements (February 2024), following a portfolio exit with Shiok Meats (March 2024). Established in 2012, Irongrey's founders are not publicly disclosed. Its business model centers on family office that generates returns through investments in startups and VC funds.