Top 28 medical and healthcare startups in South Korea

Oct 12, 2024 | By Jason Kwon

1
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
2
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.
3
Funding: ₩550B
Lego Chem Bioscience is a company created by people with dreams and enthusiasm for global new drug development
4
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.
5
Funding: $71.5M
Standigm uses AI technologies designed for drug discovery and development.
6
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.
7
Funding: $43.9M
AIRS Medical is an MRI reconstruction software service provider.
8
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.
9
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.
10
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.
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