Notifications
Back

Overview

100

Number of 
Portfolio 
Companies 

136B

Total Capital 
Deployed 
(KRW)

164B

Total Fund 
Commitments 
(KRW)

Company History

2026

03.  Selected as Scale-up TIPS General Operator 

2025

08.  BAP LUCKY Penguin Fund VII 
11.  VC of the Year - Minister of SMEs and Startups Award (Small-sized)

2023

09.  BAP Secondary Investment Fund II
10.  BAP NEXT Penguin Fund VI

2022

07.  BAP PINK Penguin Fund V

2021

08.  BAP Step-up Penguin Fund IV

2020

08.  BAP Flying Penguin Fund III
09.  Subsidiary AC - FIRST STEP LABS Established

2019

05.  (Project) BAP Unicorn Fund I
06.  BAP First Penguin Fund II

2017

04.  BA PARTNERS Established
06.  BAP New Technology Fund I
mobile background

    Overview (As of 02/2026)

100

Number of 
Portfolio Companies

136B

Total Capital 
Deployed (KRW)
 

164B

Total Fund 
Commitments (KRW)

Company History

2026  

2025  

2023  

2022  

2021  

2020  

2019  



03.        Selected as Scale-up TIPS General Operator 






08.        BAP LUCKY Penguin Fund VII


11.         VC of the Year - Minister of SMEs and Startups Award
              (Small-sized)


09.        BAP Secondary Investment Fund II

10.        BAP NEXY Penguin Fund VI 
 



07.        BAP PINK Penguin Investment Fund V

 



08.        BAP Step-up Penguin Investment Fund IV
 




05.        (Project) BAP Unicorn Investment Fund I

06.        BAP First Penguin Investment Fund II



08.        BAP Flying Penguin Investment Fund III

09.        Subsidiary AC - FIRST STEP LABS Established
 

2017  



04.        BA PARTNERS Established


06.        BAP New Technology Investment Fund I

02) 567 - 0406

bapvc@bapvc.com 

51, Teheran-ro 87-gil, Gangnam-gu, Seoul, Republic of Korea

© 2026 Bridge Alliance Partners LLC.