Covent Capital Partners, LLC is a Seoul based venture capital; it targets to assist prominent Deep tech biz, Healthcare, and Social Impact businesses.
We focus on after series B round.
Deep tech describes an approach enabled by problem orientation and the convergence of approaches and technologies, powered by the design-build-test-learn (DBTL) cycle; We define those companies/ventures who uses the approach as deep tech companies/ventures.
We have few important check points when determine investment; the points are below
Important check points for investment decision
Business Model
- What are the limits of current practice?
- What is new in your approach, and why do you think it will be successful?
- If you are successful, what difference will it make? What are the risks? How much will it cost?
- How long will it take?
Business Strategy
- Frame the Paradigm. Could reality be different?
- Forge the Theory. Is there a way to develop a solution?
- Take the First Step. Can we build the solution today?
- Change the Reality. What must happen for the solution to become the new normal?
Economical feasibility
- Efficient Scale: Is your business able to scale efficiently?
- Intangible Asset: Are you in the business of accumulating intangible assets?
- Network Effect: Is your business subject to network effects?
- Cost Advantage: Is it a cost advantageous business?