About SK Innovation
SK Innovation is a company based in Seoul (South Korea) founded in 1962.. The company has 2,150 employees as of December 31, 2024. SK Innovation has completed 2 acquisitions, including Daekyung O&T and Longfellow Energy. SK Innovation operates in a competitive market with competitors including Shell, Dominion Energy, Eni Next, Gazprom and Suncor, among others.
- Headquarter Seoul, South Korea
- Employees 2150 as on 31 Dec, 2024
- Stage Public
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Sk Innovation Co., Ltd
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Annual Revenue
$50.67 B (USD)-3.33as on Dec 31, 2024
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Net Profit
$-1.53 B (USD)-981.93as on Dec 31, 2024
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EBITDA
$1.68 B (USD)-25.3as on Dec 31, 2024
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Latest Funding Round
$419.73 M (USD), Post-IPO
Oct 22, 2025
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Investors
Bank of America
& 3 more
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Employee Count
2150
as on Dec 31, 2024
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Investments & Acquisitions
Daekyung O&T
& 1 more
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IPO & Listings of SK Innovation
SK Innovation is a publicly listed company on the KRX with ticker symbol 096770 in South Korea, operating in the Energy minerals sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Funding Insights of SK Innovation
- Total Funding Total Funding
- Total Rounds 3
- Last Round Post-IPO — $419.7M
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First Round
First Round
(15 Aug 2019)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2025 | Amount | Post-IPO - SK Innovation | Valuation | Korea Investment Holdings |
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| Sep, 2020 | Amount | Debt – Conventional - SK Innovation | Valuation |
investors |
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| Aug, 2019 | Amount | Debt – Conventional - SK Innovation | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in SK Innovation
SK Innovation has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Bank of America, Korean Development Bank and KEB Hana Bank. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment holding firm established in Seoul in 2003.
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Founded Year | Domain | Location | |
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Development financing and commercial banking are provided in South Korea.
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Founded Year | Domain | Location | |
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Commercial banking and asset management services are offered worldwide.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by SK Innovation
SK Innovation has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Daekyung O&T and Longfellow Energy. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Developer of onshore US oil and natural gas reserves
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2006 | ||||
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Plant-based oils including soybean, lard, and sesame varieties are manufactured.
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1995 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - SK Innovation
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sk Innovation Comparisons
Competitors of SK Innovation
SK Innovation operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Shell, Dominion Energy, Eni Next, Gazprom and Suncor, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Shell is recognized as a global energy and petrochemical company.
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| domain | founded_year | HQ Location |
Energy production and transportation are conducted by Dominion Energy.
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| domain | founded_year | HQ Location |
Provider of exploration, production, and distribution services of oil & gas
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| domain | founded_year | HQ Location |
Gazprom is engaged in the exploration, production, and distribution of natural gas.
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| domain | founded_year | HQ Location |
Oil sands development, exploration, production, and refining are conducted.
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| domain | founded_year | HQ Location |
Electricity and natural gas distribution services are provided globally.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Sk Innovation
Frequently Asked Questions about SK Innovation
When was SK Innovation founded?
SK Innovation was founded in 1962 and raised its 1st funding round 57 years after it was founded.
Where is SK Innovation located?
SK Innovation is headquartered in Seoul, South Korea.
Who is the current CEO of SK Innovation?
Ja Young Koo is the current CEO of SK Innovation.
How many employees does SK Innovation have?
As of Dec 31, 2024, the latest employee count at SK Innovation is 2,150.
What is the annual revenue of SK Innovation?
Annual revenue of SK Innovation is $50.67B as on Dec 31, 2024.
What does SK Innovation do?
In 2022, the company recorded annual revenues of 61.8B and a net profit of 0.55B.
Who are the top competitors of SK Innovation?
SK Innovation's top competitors include Dominion Energy, Shell and Uniper.
Is SK Innovation publicly traded?
Yes, SK Innovation is publicly traded on KRX under the ticker symbol 096770.
How many acquisitions has SK Innovation made?
SK Innovation has made 2 acquisitions, including Daekyung O&T, and Longfellow Energy.
Who are SK Innovation's investors?
SK Innovation has 4 investors. Key investors include Bank of America, Korean Development Bank, KEB Hana Bank, and Korea Investment Holdings.
What is SK Innovation's ticker symbol?
The ticker symbol of SK Innovation is 096770 on KRX.
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