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Radar · Immunology in South Korea

Best Immunology Companies in South Korea

The 39 best Immunology companies in South Korea in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Illimis Therapeutics.

39companies tracked
$177.2Mdisclosed funding
0unicorns
9have raised
Sources & further reading
  • Immunology Market size is set to grow by USD 56.07 billion from 2022 t

Ranked: Best Immunology companies in South Korea

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackPatents & IP focusRecent signals
1Illimis Therapeutics
Developer of antibody-based drugs to treat neurological conditions
35Funding top 28%Moat top 31%Patents top 38%Innovation top 45%
All 8 signals ▾
Fundingtop 28%
Moattop 31%
Patentstop 38%
Innovationtop 45%
Talentbottom 49%
Globalbottom 40%
Marketbottom 39%
Techbottom 30%
Funding: Raised $57.4M across 2 rounds · 2 rounds over 4 yrs (0.5/yr)
Moat: Editorial + unicorn rating 4/10 · IP moat: 24 patents
rank vs industry peers · Fliar Intelligence Index 35/100
$57M13 mo agoSeries BSanghoon Park
Co-Founder & Ceo
2021PHPApache HTTP ServerCloudflare+1124 patents
Engineered TAM/ERBB4 ligand biologics and fusion proteins for immunotherapy and neurodegeneration
—
2IMBiologics
Developer of antibody therapeutics to treat cancer and autoimmune diseases
40Moat top 32%Funding top 33%Patents top 36%Innovation top 45%
All 6 signals ▾
Moattop 32%
Fundingtop 33%
Patentstop 36%
Innovationtop 45%
Marketbottom 41%
Globalbottom 40%
Moat: Editorial + unicorn rating 4/10 · IP moat: 23 patents
Funding: Raised $33.8M across 3 rounds · 3 rounds over 5 yrs (0.6/yr)
rank vs industry peers · Fliar Intelligence Index 40/100
$34M37 mo agoPublic—2020—23 patents
Engineered therapeutic antibodies and fusion proteins for immuno‑oncology with extended half‑life
—
3Shaperon
Developer of therapies for multiple diseases
24Patents top 20%Innovation top 24%Funding top 29%Moat top 35%
All 10 signals ▾
Patentstop 20%
Innovationtop 24%
Fundingtop 29%
Moattop 35%
Newstop 39%
Talentbottom 49%
Globalbottom 40%
Marketbottom 30%
Fin. healthbottom 18%
Techbottom 16%
Patents: 116 patents matched (strict assignee match) · 105 filings since 2022 vs 9 in 2017-21
Innovation: 116 patents (top 24% of patent-holders) · 105 filings since 2022 vs 9 in 2017-21
rank vs industry peers · Fliar Intelligence Index 24/100
$23M5 mo agoPublicSeung Seong
Founder & CEO
2008PHPUNIXOpenSSL+7116 patents
Therapeutic anti‑inflammatory and antiviral agents, especially taurodeoxycholic acid formulations and bispecific antibodies.
—
4Progen
Developer of immunotherapies for immune diseases and cancer
62Growth top 5%Partners top 18%News top 19%Moat top 25%
All 10 signals ▾
Growthtop 5%
Partnerstop 18%
Newstop 19%
Moattop 25%
Patentstop 39%
Innovationtop 48%
Fundingbottom 49%
Talentbottom 49%
Marketbottom 48%
Globalbottom 36%
Partners: 5 contract events in 12 mo · Named contractor/client in 5 deals
rank vs industry peers · Fliar Intelligence Index 62/100
$23M41 mo agoSeries BJong Kim
CEO
2000—73 patents
Engineered Fc-fusion and cytokine variant biologics for therapeutic protein development
—
5MediMabBio
Developer of immunotherapeutics for treating cancer
29Moat top 32%Funding top 35%Talent top 38%Patents top 40%
All 8 signals ▾
Moattop 32%
Fundingtop 35%
Talenttop 38%
Patentstop 40%
Innovationtop 42%
Globalbottom 31%
Marketbottom 30%
Techbottom 26%
Moat: Editorial + unicorn rating 5/10 · IP moat: 28 patents
Funding: Raised $17.8M across 1 rounds · 1 rounds over 1 yrs (1.0/yr)
rank vs industry peers · Fliar Intelligence Index 29/100
$18M10 mo agoSeries BHongseok Jo
Co-Founder
2017WordPressMySQLPHP+1228 patents
Immuno‑oncology checkpoint antibodies (TIGIT, GITR) and cytokine‑fusion therapeutics.
—
6Bridge Biotherapeutics
Developer of small molecule based therapeutics for the treatment of various diseases
$10M110 mo agoAcquiredJames Jungkue Lee
Founder & CEO
2015PHPNginxCloudflare+1036 patents
Small‑molecule autotaxin inhibitors for calcification diseases and PROTAC‑style protein degraders.
—
7Apicell Therapeutics
Developer of gene therapies for the treatment of immunological diseases
$7M49 mo agoSeries ASeng-Ho Jeon
CEO
2020———
8SCM Lifescience
Stem cell therapeutics and related services
$5M94 mo agoPublicSun Song
Founder
2014PHPNginxGSAP+15113 patents
Patents concentrated in health & consumer products
—

Top 9 Immunology companies in South Korea

#1
Public · Seoul, Seoul · founded 2008 · 48 employees
$23.2Mraised
▾

Shaperon is the developer of therapies for multiple diseases. The platform is mainly focusing on inflammatory diseases, dermatitis, nonotherapy for cancer and developing multi-targeting stable protein structure. The platform also has multiple pipeline products include Nugel for atopic dermatitis indication are in phase two clinical trials, Nusepin for sepsis indication is in phase one clinical trials, and NuCerin for Alzheimer's indication is in preclinical stage among others.

Fliar Intelligence Index™ 24how this company ranks against its industry peers
Patents
top 20%
Innovation
top 24%
Funding
top 29%
Moat
top 35%
News
top 39%
Talent
bottom 49%
Patents: 116 patents matched (strict assignee match) · 105 filings since 2022 vs 9 in 2017-21 · Latest publication 2026
Innovation: 116 patents (top 24% of patent-holders) · 105 filings since 2022 vs 9 in 2017-21
Funding: Raised $23.2M across 2 rounds · 2 rounds over 1 yrs (2.0/yr) · Last round Post IPO (Apr 2026)
Funding rounds
  • Apr 2026Post IPO$5.8M
  • Nov 2025Post IPO$17.4M
Founders & team
Seung SeongFounder & CEO
Investors
Mirae Asset, Daishin Securities, Samsung Securities, Korea Investment Holdings, KB Securities, JX Partners
#2
Series B · Seoul, Seoul · founded 2021 · 26 employees
$57.4Mraised
▾

Developer of antibody-based drugs to treat neurological conditions. The company is developing a chimeric fusion protein platform to address the concerns of antibody-induced neuroinflammation and subsequent ARIA (Amyloid-Related Imaging Abnormalities) often observed from existing antibody drugs that utilize FcR-mediated phagocytosis of microglia, by utilizing TAM receptor.

Fliar Intelligence Index™ 35how this company ranks against its industry peers
Funding
top 28%
Moat
top 31%
Patents
top 38%
Innovation
top 45%
Talent
bottom 49%
Global
bottom 40%
Funding: Raised $57.4M across 2 rounds · 2 rounds over 4 yrs (0.5/yr) · Last round Series B (Jul 2025)
Moat: Editorial + unicorn rating 4/10 · IP moat: 24 patents · Soonicorn
Patents: 24 patents matched (strict assignee match) · 24 filings since 2022 vs 0 in 2017-21 · Latest publication 2026
Audience (LinkedIn): 592 LinkedIn followers — 29.9% of this cohort's audience
Funding rounds
  • Jul 2025Series B$42M
  • Apr 2023Series A$15.4M
  • 2022Seed—
Founders & team
Sanghoon ParkCo-Founder & Ceo
Investors
DSC Investment, WOORI Venture Partners, Korean Development Bank, Aju IB Investment, QUAD, Company K Partners
#3
Series B · Seongnam-si, Gyeonggi-do · founded 2017 · 19 employees
$17.8Mraised
▾

MediMabBio is a developer of immunotherapeutics for treating cancer. The company develops immuno-oncology drugs using its drug discovery platform with a combination of systems biology and immunological solutions to target solid tumors. The products pipeline includes immune checkpoint antibody (MMB-101) in lead optimization stage and immuno cytokine agents (MMB-201) in hit optimization stage.

Fliar Intelligence Index™ 29how this company ranks against its industry peers
Moat
top 32%
Funding
top 35%
Talent
top 38%
Patents
top 40%
Innovation
top 42%
Global
bottom 31%
Moat: Editorial + unicorn rating 5/10 · IP moat: 28 patents
Funding: Raised $17.8M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Series B (Oct 2025)
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Audience (LinkedIn): 571 LinkedIn followers — 28.9% of this cohort's audience
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
  • Oct 2025Series B$17.8M
Founders & team
Hongseok JoCo-FounderJennifer KangCo-Founder & Co-CEO
Investors
KB Investment, Smile Gate Investment, BNH INVESTMENT, Hyundai-invest.com, iM Investment Partners, Time Polio Asset Management
Tech stack
Apache Http ServerBootstrapCookieyesGoogle AnalyticsGoogle Font ApiJquery
#4
Public · Suwon-si, Gyeonggi-do · founded 2020 · 25 employees
$33.8Mraised
▾

Developer of antibody therapeutics to treat cancer and autoimmune diseases. The company has developed a platform technology called ePendy that can generate antibody therapeutics for the treatment of autoimmune diseases and cancer.

Fliar Intelligence Index™ 40how this company ranks against its industry peers
Moat
top 32%
Funding
top 33%
Patents
top 36%
Innovation
top 45%
Market
bottom 41%
Global
bottom 40%
Moat: Editorial + unicorn rating 4/10 · IP moat: 23 patents
Funding: Raised $33.8M across 3 rounds · 3 rounds over 5 yrs (0.6/yr) · Last round Series B (Jul 2023)
Patents: 23 patents matched (strict assignee match) · 23 filings since 2022 vs 0 in 2017-21 · Latest publication 2026
Funding rounds
  • Jul 2023Series B$15.5M
  • Aug 2021Series A$14.7M
  • Jan 2021Seed$3.6M
Investors
KB Investment, Atinum Investment, Partners Investment, CJ Investment, K2 Investment Partners, Shinhan Venture Investment
#5
Series B · Seoul, Seoul · founded 2000
$22.8Mraised
▾

Developer of immunotherapies for immune diseases and cancer. It offers a pipeline of drug candidates which include PG-102 for obesity, PG-208, PG-202, and others for oncology. It is based on NTIG (Neo Tri-ImmunoGlobulin) and Cyt-NTIG technology that overcomes the systemic side effects of cytokines through specific targeting.

Fliar Intelligence Index™ 62how this company ranks against its industry peers
Growth
top 5%
Partners
top 18%
News
top 19%
Moat
top 25%
Patents
top 39%
Innovation
top 48%
Partners: 5 contract events in 12 mo · Named contractor/client in 5 deals
News: 9 BI events in 12 mo (of 12 tracked, 4 types) · +350% YoY · 5 high-value events (IPO/M&A/funding/contracts) in 12 mo
Funding rounds
  • Apr 2023Series B$22.8M
Founders & team
Jong KimCEO
Investors
Yuhan Corporation
#6
Series A · Gimhae si, South Gyeongsang Province · founded 2020 · 25 employees
$7.3Mraised
▾

Developer of gene therapies for the treatment of immunological diseases. The company is developing a cell gene therapy based on mesenchymal stem cells (MSC) by using Affimer platform technology to develop therapies for incurable diseases such as autoimmune diseases and transplant rejection.

Funding rounds
  • Jul 2022Series A—
  • Feb 2021Series A$7.3M
Founders & team
Seng-Ho JeonCEO
Investors
Smile Gate Investment, Kolon Investments, Samsung Venture Investment, Shinhan Venture Investment, Stonebridge Ventures, Gyeongnam Venture Investment
#7
Acquired · Seongnam-si, Gyeonggi-do · founded 2015 · 6 employees
$10Mraised
▾

Bridge Biotherapeutics is developing small molecule-based therapeutics for the treatment of various diseases such as ulcerative colitis, fibrotic diseases, and cancers. The company's product pipeline which includes BBT-401, a pellino-1 inhibitor used against ulcerative colitis is in Phase 2 clinical trials, BBT-877, an autotaxin inhibitor used against idiopathic pulmonary fibrosis is in Phase 2 clinical trials. Other products of the company are in the development stage.

Funding rounds
  • Jul 2017Series A$10M
  • 2015Seed—
Founders & team
James Jungkue LeeFounder & CEO
Investors
LB Investment, DAOL Investment, Lifecore Partners, KB Investment, SV Investment, HB Investment
#8
Public · Incheon, Incheon · founded 2014 · 53 employees
$4.8Mraised
▾

SCM Lifescience develops stem cell therapeutics and related services. The company uses a proprietary subfractionation culturing method (SCM) to isolate mesenchymal stem cells (MSCs) from adipose tissue, bone marrow and periodontal ligaments. The procedure produces MSCs that are non-immunogenic in nature, and thus can be used as universal donor cells. SCM is investigating MSC therapeutics for indications like immune-related or inflammatory diseases such as graft-versus host disease, atopic dermatitis and pancreatitis. In addition, the company also offers CMO services for stem cell production and clonal stem cell banking services.

Funding rounds
  • Oct 2018Series A$4.8M
Founders & team
Sun SongFounderByong SonCEO
Investors
Duopharma Biotech Berhad, Synergy IB investment, Korea Investment Holdings, Shinhan Venture Investment, DSC Investment, Yozma
Tech stack
CdnjsCloudflareGoogle AnalyticsGoogle Font ApiGoogle Hosted LibrariesGsap
#9
Public · Seoul, Seoul · founded 2010 · 113 employees
—raised
▾

Kang Stem Biotech is focussed on developing stem cell-based therapies primarily for inflammatory and autoimmune diseases. It has developed the isolation technology of cord blood-derived stem cells, the mass culturing technology of cord blood-derived stem cells and an easier and efficient technique for inducing human neural stem cells ready for the personalized medicine. Its pipeline has Furestem-AD for Atopic dermatitis (phase 1/2a completed); Furestem-RA for Rheumatoid Arthritis (phase 1completed) and Furestem-CD (ongoing phase 1/2a). It also has preclinical candidates for Osteoarthritis, Atherosclerosis and Obliterans.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 630 LinkedIn followers — 31.9% of this cohort's audience
Activity: 2 partnerships (incl. a leading domestic institute focused on basic and translational research to develop a hair follicle organoid–based HTS method) announced in 12 mo
Funding rounds
  • 2015Post IPO—
Investors
LB Investment, E&Investment, DAOL Investment, Korea-Seoul Life Science Fund, Kiwoom Investment, Atinum Investment
Tech stack
AosCdnjsCloudflareFont AwesomeGoogle Font ApiGoogle Hosted Libraries

Funding & investor landscape

$177.2Mtotal disclosed funding
8companies funded
12disclosed rounds
0rounds last 90 days
Most active investors
Shinhan Venture Investment5 rounds
IMM Investment4 rounds
Korea Investment Holdings4 rounds
LB Investment4 rounds
Company K Partners3 rounds
Devsisters Ventures3 rounds
KB Investment3 rounds
UTC Investment3 rounds
Alpen Route2 rounds
Atinum Investment2 rounds

Notable founders

Seung Seong
Founder & CEO · Shaperon
Sanghoon Park
Co-Founder & Ceo · Illimis Therapeutics
Hongseok Jo
Co-Founder · MediMabBio
Jennifer Kang
Co-Founder & Co-CEO · MediMabBio
Jong Kim
CEO · Progen
Seng-Ho Jeon
CEO · Apicell Therapeutics
James Jungkue Lee
Founder & CEO · Bridge Biotherapeutics
Sun Song
Founder · SCM Lifescience
Byong Son
CEO · SCM Lifescience
Prism market signals · South Korea · country-scoped Prism corpus, 645,181 docs

Market landscape — 10 sub-themes by coverage

Share of Immunology coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · South Korea

How research on Immunology & Immunotherapy is moving in South Korea

A read on the academic research around Immunology & Immunotherapy — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 1,328 South Korea-affiliated papers.

research sentiment over time
201720212026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and softening — the enthusiastic (strongly-positive) share moved 82% → 68% across 2017–2026.
top research entities
  • Ministry of Education188
  • National Cancer Center137
  • Asan Medical Center123
  • Seoul National University96
  • Samsung Medical Center86
leading researchers
Sun Young Rha · Hong Jae Chon · Sehhoon Park · Jae‐Lyun Lee · Min‐Hee Ryu · S. Lee · Se Hoon Park · Seok Jin Kim
▲ Breakthroughs363 · 27%
▲ 0%→28% share
0 median citations97% since 2021mostly methods-led
Breakthroughs are rising (0%→28% of field), led by Immune system.
rising sub-themes (early→recent)
  • Immune system1→178
  • Immune checkpoint2→31
  • Lung cancer1→18
  • Oncology1→12
  • Pembrolizumab1→5
Newly emergingCancer immunotherapy 0→86 · Tumor microenvironment 0→85 · Cancer research 0→64
Landmark Spatiotemporal Immune Landscape of Colorectal Cancer Liver Metastasis at Single-Cell Level · 1,117 cites
◆ Advancements679 · 51%
▼ 67%→50% share
▼0.7× share momentum0 median citations92% since 2021mostly empirical
Advancements are cooling (67%→50% of field), led by Immune system.
rising sub-themes (early→recent)
  • Immune system5→255
  • Cancer2→112
  • Tumor microenvironment1→92
  • Internal medicine3→77
  • Cancer research2→71
Newly emergingImmune checkpoint 0→40 · Hepatocellular carcinoma 0→36 · Biomarker 0→33
Landmark Pembrolizumab as Second-Line Therapy for Advanced Urothelial Carcinoma · 3,353 cites
▼ Concerns179 · 13%
▲ 8%→14% share
▲1.8× share momentum0 median citations95% since 2021mostly reviews
Concerns are rising (8%→14% of field), led by Immune system.
rising sub-themes (early→recent)
  • Immune system60
  • Cancer39
  • Cancer research26
  • Oncology25
  • Tumor microenvironment21
Newly emergingImmune system 0→56 · Cancer 0→35 · Oncology 0→23
Landmark Nivolumab plus Ipilimumab in Advanced Non–Small-Cell Lung Cancer · 2,789 cites
RESEARCH HOTSPOTS · South Korea

Where immunology is researched across South Korea

Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.

Seoul557 · +0.49
Hot · ImmunotherapyAdvancing · Immune systemOpportunity · DiseaseConcern · Bispecific antibody
Daejeon95 · +0.59
Hot · Immune systemAdvancing · CancerOpportunity · Tumor microenvironmentConcern · Immunotherapy
Seongnam-si88 · +0.43
Hot · AtezolizumabAdvancing · Evasion (ethics)Opportunity · OncologyConcern · Bevacizumab
Ulsan57 · +0.45
Hot · Immune checkpointAdvancing · PathologyOpportunity · Internal medicineConcern · Immune system
Gwangju50 · +0.52
Hot · ImmunityAdvancing · Gastroesophageal JunctionOpportunity · Internal medicine
Busan39 · +0.49
Hot · Hepatocellular carcinomaAdvancing · CytotoxicityOpportunity · ImmunotherapyConcern · Oncology
Daegu38 · +0.51
Hot · ImmunotherapyAdvancing · Cytotoxic T cellOpportunity · Immune system
Suwon38 · +0.57
Hot · AntibodyAdvancing · Cancer cellOpportunity · Immune system
Incheon34 · +0.36
Hot · Immune systemAdvancing · BiomarkerOpportunity · ImmunotherapyConcern · Cancer research
Jeonju18 · +0.54
Hot · DiseaseAdvancing · Chimeric antigen receptorOpportunity · Immune system
PATENT SIGNAL · South Korea

Who's filing immunology patents in South Korea

South Korea immunology patent filing is accelerating — 699 filings from 413 assignees (2016–2025), led by Hanall Biopharma, Korea Advanced INST SCI & TECH, UNIV Yonsei IACF; annual filings 32→100.

699 filings413 assigneespeak 110/yr2016–2025
filing momentum (YoY 2016–2025)
top patent filers
  • Hanall Biopharma47
  • Korea Advanced INST SCI & TECH37
  • UNIV Yonsei IACF36
  • Seoul NAT UNIV R&DB Foundation26
  • UNIV Korea RES & BUS Found25
  • Catholic UNIV Korea IND Academic23
  • Parenchyma Biotech20
  • Innovo Therapeutics20

Common questions

How many Immunology companies are there in South Korea?
Radar tracks 39 indexable Immunology companies headquartered in South Korea that meet our profile-completeness bar.
What is the total funding raised by Immunology companies in South Korea?
The Immunology companies in South Korea on this list have raised a combined $177.2M in disclosed equity funding across 8 funded companies.
Which is the highest-funded Immunology company in South Korea?
Illimis Therapeutics is the highest-funded Immunology company in South Korea, with $57.4M in disclosed equity funding.
How many Immunology companies in South Korea are funded?
8 of the 39 Immunology companies in South Korea on this list have disclosed at least one equity funding round.
How many Immunology unicorns are there in South Korea?
None of the Immunology companies in South Korea on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in South Korea Immunology companies?
The most active investors in South Korea Immunology companies on this list include Shinhan Venture Investment, IMM Investment, Korea Investment Holdings, LB Investment, Company K Partners.
Rohit KhannaTrends & Stories

Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

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