The Invention Lab closes KRW 4bn fund and backs OzX

What's the deal? The Invention LabDealroom has a profile for this one. Try Dealroom → has closed the KRW 4bn G-Planet Advertising Media Venture Investment Association No. 1 and completed its first investment in OzXDealroom has a profile for this one. Try Dealroom →, a space, media and content operator, according to Wowtale on 17 August 2026.

What it means. The fund will support a G-Planet urban-space model combining large outdoor advertising media with interior space, brands and content. OzX is developing the first site in Gwanghwamun, integrating exterior display media with food and beverage, retail, exhibitions, pop-ups, performances and IP content.

Why now? The Invention Lab plans to use its open-innovation and startup networks to identify brands and content companies for G-Planet, then expand the operating model from Gwanghwamun to other commercial districts.

The signal. The investment reflects a move to combine physical space, outdoor media and content into a repeatable urban platform business, rather than treating advertising and venue operations as separate activities.

Read more: Wowtale

Image credit: Generated with Gemini