On Sunday, the Korean tech giant announced its investment of $10 million in the $130 million fund, which focuses on startups with high growth potential in AI, deep tech, and robotics.
The company said it will leverage the investment to stay abreast of innovation trends and incorporate them into its business strategy.
SBVA, formerly a SoftBank Group venture capital firm, now operates independently under new ownership.
With $2.2 billion in assets under management and global offices, SBVA plans to increase the Alpha Intelligence Fund's size through a second closing by the end of the year.
LG said that the investment is part of its broader efforts to transform into a "Smart Life Solution" company.
The company is expanding beyond home appliances into mobility and business spaces, seeking to provide differentiated customer experiences across various domains.
Earlier this year, LG acquired a majority stake in the Dutch smart home platform company Athom in July and invested in the U.S.-based AI autonomous service robot startup Bear Robotics in March.
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