Top 28 medical and healthcare startups in South Korea

Oct 12, 2024 | By Jason Kwon

1
Funding: $561.1M
Lunit is a medical technology company that specializes in developing and providing AI-powered medical imaging solutions. It also provides its infrastructure on military warships.
2
Funding: ₩550B
Lego Chem Bioscience is a company created by people with dreams and enthusiasm for global new drug development
3
Funding: $137M
D&D Pharmatech is a biotech company that funds the development of revolutionary medicines through disease-specific subsidiary companies founded and guided by top-tier medical research faculty. This corporate structure creates a unique opportunity to accelerate translation of cutting-edge research into lifesaving therapeutic products for patients. The company’s product pipeline focuses on a range of indications including neurodegenerative and fibrotic diseases.
4
Funding: $71.5M
Standigm uses AI technologies designed for drug discovery and development.
5
Funding: $44.6M
Genome & Company is a clinical stage biotechnology company based in Republic of Korea that focuses on discovering and developing the next waves of innovative therapeutics in immuno-oncology through diverse modalities of microbiome, novel target immune checkpoint inhibitors and fusion proteins to fulfill the unmet needs of cancer patients.
6
Funding: $43.9M
AIRS Medical is an MRI reconstruction software service provider.
7
Funding: $42M
Sky Labs is developing a smart ring-like device called CART (Cardio Tracker) that is capable of diagnoising and managing atrial fibrillation (AF) — a form of heart disease that results in irregular heartbeat rhythms.
8
Funding: $39.6M
ChunLab is a big data platform-based microbiome company with microbial bioinformatics analytics cloud platform, drug discovery platform leading a number of novel candidates for oncology and other diseases, genome-based diagnostics for bacterial infection.
9
Funding: $37.6M
Ilias Biologics is developing various therapeutic exosomes, a potential treatment for sepsis, pre-term birth, and various hard-to-treat diseases in inflammatory and metabolic areas.
10
Funding: ₩48B
NEUROPHET is a medical SW company using advanced neuroscience and AI technologies for better brain treatment. In particular it develops Alzheimer's disease diagnosis platform.
11
Funding: ₩35.1B
AITRICS is taking on the ultimate role of giving everyone access to the power of data-driven health intelligence.
12
Funding: $24.8M
Medi Whale offers medical AI software for eye disease detection. Its devices assess cardiovascular risk through the use of retinal imagery and artificial intelligence
13
Funding: $23.2M
Atommerce offers a virtual therapy program and a mental health benefits solution for employers.
14
Funding: ₩27B
Aston Sci is a clinical-stage biopharmaceutical company that develops medicines in oncology, immunology, and geriatrics. It's cancer vaccine is being evaluated for breast and gastric cancer
15
Funding: $17.9M
Deep Bio combines cutting-edge AI algorithms with digital pathology to revolutionize cancer diagnosis. Deep Bio develops AI prostate cancer diagnosis support software
16
Funding: $16.2M
HoneyNaps develops a bio-signal monitoring device to treat sleep disorders.
17
Funding: ₩18.9B
ROKIT HEALTHCARE is a leading regenerative medicine biotechnology company. We are committed to pioneering medical treatments based on the principles of 3D bioprinting and autologous stem cell use to regenerate and restore functions of human tissues and organs.
18
Funding: $13.4M
Through use of technology in which measures and modulates brain signals, we develop research protocols that improve cognitive functions. We provide meaningful information retrieved from the wearable devices through analysis of brain signal big data. With this big data, we predict and diagnose the stages of the neurological diseases such as Alzheimer’s disease and mild cognitive impairment.
19
Funding: ₩15.6B
iMediSync provides automatic brain wave analysis and neuromodulation solutions.
20
Funding: ₩8B
NetTargets used machine learning for drug discovery based on 20+ years of systems biology research.
Editor: Jason Kwon
Jason Kwon is a senior editor for MedicalStartups. He has previously covered the pharmaceutical and medical research industries for FDAnews and worked as a head of marketing for medical startup Sonic Therapeutics. Before that, he co-founded a startup consulting business for emerging entrepreneurial hubs in Asia. Jason graduated from St. Bonaventure University’s journalism school. In his free time, Jason enjoys yoga, watching movie trailers, traveling to places where he can't get cell service. You can contact Jason at jaskwon(at)medicalstartups(dot)com