SK Telecom Ventures is the investment arm of [SK Telecom](http://www.crunchbase.com/organization/sktelecom). SK telecom ventures is structured to maximize return on investment by focusing on those private companies where a relationship with SK telecom can be beneficial to the financial success of the start-up. They are headquartered in the United States but consider investment opportunties from around the world. They are one team at SK telecom ventures but they have established two funds, with each targeting investments at a stage in a company's lifecycle where SK telecom can be a value-add investor. The SK Innovation Fund (or SKIF) targets seed and early stage start-ups and the SK Acceleration Fund (SKAF) targets mid- and growth-stage opportunites. For both funds, they will consider leading or co-leading investment rounds.