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Radar · Ophthalmology in South Korea

Best Ophthalmology Companies in South Korea

The 36 best Ophthalmology companies in South Korea in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Kanaph.

36companies tracked
$76.8Mdisclosed funding
0unicorns
10have raised
Sources & further reading
  • Growth Foreseen for Ophthalmology Sector

Ranked: Best Ophthalmology companies in South Korea

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackPatents & IP focusRecent signals
1Kanaph
Developer of immunocytokine platform for treating cancer
$30M71 mo agoPublicByoung Lee
CEO
2019PHPGSAPApache HTTP Server+82 patents
Chain retention mechanisms for foldable bicycles preventing chain derailment
—
2NeuracleGenetics
Developing gene therapies using adeno associated virus technology to treat various diseases
42Funding top 33%Market top 50%Talent bottom 49%Global bottom 36%
All 4 signals ▾
Fundingtop 33%
Markettop 50%
Talentbottom 49%
Globalbottom 36%
Funding: Raised $18.8M across 1 rounds · 1 rounds over 1 yrs (1.0/yr)
Market: 30 employees (top 50% of Life Sciences)
rank vs industry peers · Fliar Intelligence Index 42/100
$19M12 mo agoSeries CKim Jong-muk
CEO
2018———
3EyeGene
Developer of immune vaccines and diagnostic systems for eye disorders
$12M105 mo agoPublic—2000GnuboardMySQLPHP+10164 patents
Quantitative viral antigen peptide arrays and nucleic‑acid delivery vaccine technologies.
—
4Novelty Nobility
Developer of therapeutics for eye and cancer diseases
$8M79 mo agoSeries ASang Park
Founder & CEO
2018—55 patents
Patents concentrated in chemistry & materials
—
5Microt
Developer of medical devices for glaucoma treatment
45Moat top 32%Innovation top 34%Patents top 36%Funding top 40%
All 7 signals ▾
Moattop 32%
Innovationtop 34%
Patentstop 36%
Fundingtop 40%
Talentbottom 49%
Marketbottom 41%
Globalbottom 36%
Moat: Editorial + unicorn rating 4/10 · IP moat: 35 patents
Innovation: 35 patents (top 56% of patent-holders) · 30 filings since 2022 vs 5 in 2017-21
rank vs industry peers · Fliar Intelligence Index 45/100
$8M13 mo agoSeries BJongcheol Han
CEO
2019—35 patents
Intraocular implant devices and delivery systems for treating eye diseases
—
6KSB Tugen
Developer of therapeutics for treating multiple diseases
$175K39 mo agoSeedJeong Hyo
Co-CEO
2020—29 patents
Therapeutic formulations for eye and muscle disorders using racetam derivatives.
—
7Celico
Developer of an electronic eye device for vision treatment
—48 mo agoSeed—2019———
8CuroGene Life Sciences
Developer of drugs for eye disorders
—99 mo agoDeadpooledYoung Lee
Founder & CEO
2018—14 patents
Gene‑therapy VEGF‑trap vectors and mTOR‑inhibitor drugs for age‑related macular degeneration
—

Top 9 Ophthalmology companies in South Korea

#1
Series C · Seoul, Seoul · founded 2018 · 30 employees
$18.8Mraised
▾

Developing gene therapies using adeno associated virus technology to treat various diseases. It is focused on treating genetic disorders and has developed several pipeline products, including NG101, which is currently in a Phase 1/2a clinical trial for the treatment of patients with a rare genetic disorder. It is also engaged in developing additional gene therapy candidates targeting various neurodegenerative disorders and rare diseases.

Fliar Intelligence Index™ 42how this company ranks against its industry peers
Funding
top 33%
Market
top 50%
Talent
bottom 49%
Global
bottom 36%
Funding: Raised $18.8M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Series C (Sep 2025)
Market: 30 employees (top 50% of Life Sciences)
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Audience (LinkedIn): 259 LinkedIn followers — 8.6% of this cohort's audience
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
  • Sep 2025Series C$18.8M
Founders & team
Kim Jong-mukCEO
Investors
Premier Partners, Yuanta Investment, Ulmer Investments
#2
Series B · Seoul, Seoul · founded 2019 · 25 employees
$7.9Mraised
▾

Developer of medical devices for glaucoma treatment. The company's products include Astream a micro-sized glaucoma implant device and Blecure MD Gel a wound healing dressing gel to protect damaged skin.

Fliar Intelligence Index™ 45how this company ranks against its industry peers
Moat
top 32%
Innovation
top 34%
Patents
top 36%
Funding
top 40%
Talent
bottom 49%
Market
bottom 41%
Moat: Editorial + unicorn rating 4/10 · IP moat: 35 patents
Innovation: 35 patents (top 56% of patent-holders) · 30 filings since 2022 vs 5 in 2017-21 · Deep-tech classification: Tech Hardware
Patents: 35 patents matched (strict assignee match) · 30 filings since 2022 vs 5 in 2017-21 · Latest publication 2026
Funding rounds
  • Jul 2025Series B$7.9M
Founders & team
Jongcheol HanCEO
Investors
Kiwoom Investment, SL Investment, Horizon Investments, IBK Capital, Samsung Catalyst Fund
#3
Public · Seoul, Seoul · founded 2019 · 13 employees
$30Mraised
▾

KANAPH Therapeutics is a developer of immunocytokine platform for T-cell based cancer treatment. The company uses the immunocytokine platform called TMEkine to activate the T-cells direct the cells to the tumor microenvironment to identify and kill the tumor cells. It is also developing small molecules and biologics against immuno-suppresive environment.

Funding rounds
  • Oct 2020Series B$21M
  • Oct 2019Series A$6M
  • Seed$2M
Founders & team
Byoung LeeCEO
Investors
Meritz Securities, Time Polio Asset Management, Green Cross, Kolon Investments
Tech stack
AosApache Http ServerGsapJqueryJquery CdnJsdelivr
#4
Series A · Seongnam-si, Gyeonggi-do · founded 2018 · 33 employees
$8.4Mraised
▾

Novelty nobility is developing the therapeutics for eye and cancer diseases. The company has ongoing clinical trials on NN3201, NN3901, and NN2901 for ophthalmology and eye disease indications. The company uses technology as the SCF/c-KIT pathway as a drug target.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 546 LinkedIn followers — 18.1% of this cohort's audience
Funding rounds
  • Feb 2020Series A$8.4M
Founders & team
Sang ParkFounder & CEO
Investors
BSK Investment, JX Partners, Kingo, Solidus Investment, Shinhan Venture Investment, Ulmer Investments
#5
Public · Seoul, Seoul · founded 2000 · 89 employees
$11.5Mraised
▾

Developer of immune vaccines and diagnostic systems for eye disorders. Its pipeline includes EG-Mirotin, a biologic drug that targets to alleviate symptoms and treat non-proliferative diabetic retinopathy, EG-Decorin, a therapeutic ointment based on human derived recombinant peptide for the treatment of pressure ulcers caused by EG-HPV, a vaccine for cervical cancer and EGS, an ophthalmic anti-scarring agent and EGVac, an immune adjuvant derived from a combination of bacterial DNA. It is also developing Diabetic Retinopathy detection kit which has two techniques namely detecting the antibodies formed by vascular disruption and the diagnosis utilizing SNP sequences for VEGF receptors.

Funding rounds
  • Dec 2017Post IPO$11.5M
  • 2013PE—
Investors
LB Investment, DSC Investment, Korea Investment Holdings, GNTech Venture Capital, Quantum Ventures Korea, CKD Venture Capital
Tech stack
Apache Http ServerCdnjsCloudflareGnuboardGoogle Font ApiJquery
#6
Seed · Seoul, Seoul · founded 2020 · 8 employees
$175.5Kraised
▾

Developer of therapeutics for treating multiple diseases. It offers a clinical multi-omics-based treatment for refractory sarcopenia, presbyopia, Duchhene muscular dystrophy, and renal failure.

Funding rounds
  • Jun 2023Seed—
  • Jul 2021Seed$175.5K
Founders & team
Jeong HyoCo-CEOKim KyungCo-CEO & Head of Business
Investors
InfoBank, Serpa Ventures, Korea Investment Holdings
#7
Seed · Seongnam-si, Gyeonggi-do · founded 2019 · 4 employees
—raised
▾

Developer of an electronic eye device for vision treatment. The company has developed a medical device that enables patients to restore vision. It has features that assist blind people as an electronic eye.

Funding rounds
  • Aug 2022Seed—
Investors
Yuanta Investment, FuturePlay
#8
Deadpooled · Cheongju-si, Chungcheongbuk-do · founded 2018
—raised
▾

CuroGene develops drugs for eye disorders. It provides gene therapy products consisting of a recombinant adeno-associated virus-delivered mTOR-inhibiting short hairpin RNA that blocks the activity of both mTOR complex 1 and 2. The company is developing drugs mainly for age-related macular degeneration and diabetic retinopathy.

Funding rounds
  • 2018Seed—
Founders & team
Young LeeFounder & CEOHeesoon ChangCEO
Investors
ActnerLab, Dadam Investment, Laguna Investment
#9
Series B · Seoul, Seoul · founded 2015 · 55 employees
—raised
▾

pH Pharma is engaged in the development and commercialization of novel candidates in areas with high unmet needs. The company has acquired early-stage assets from Amakem Therapeutics (PHP 201, novel kinase inhibitors for the treatment of glaucoma), AntriaBio (AB 101, {in certain Asian countries}, an injectable basal insulin (which has to be used once in a week) for the control of hyperglycemia (for both Type 1 and 2 diabetes) and Bayer (PHP 303, a neutrophil elastase inhibitor. PHP 201 is undergoing Phase 2 trials (in Korea), while AB101 is undergoing Phase 1 trials.

Funding rounds
  • Jan 2018Series B—
  • Apr 2017Series B—
  • Dec 2016Series B—
  • Apr 2016Series A—
Founders & team
Hoyoung HuhFounder & Co-CEOJae KimCo-CEO
Investors
Red Badge Management, SBI Investment Korea, Magna, Premier Partners, UTC Investment
Tech stack
WordpressMysqlPhpThe Seo FrameworkJetpackElementor Header & Footer Builder

Funding & investor landscape

$76.8Mtotal disclosed funding
6companies funded
8disclosed rounds
0rounds last 90 days
Most active investors
Korea Investment Holdings5 rounds
DSC Investment2 rounds
FuturePlay2 rounds
GNTech Venture Capital2 rounds
Magna2 rounds
Premier Partners2 rounds
SBI Investment Korea2 rounds
Solidus Investment2 rounds
Ulmer Investments2 rounds
Yuanta Investment2 rounds

Notable founders

Kim Jong-muk
CEO · NeuracleGenetics
Jongcheol Han
CEO · Microt
Byoung Lee
CEO · Kanaph
Sang Park
Founder & CEO · Novelty Nobility
Jeong Hyo
Co-CEO · KSB Tugen
Kim Kyung
Co-CEO & Head of Business · KSB Tugen
Young Lee
Founder & CEO · CuroGene Life Sciences
Heesoon Chang
CEO · CuroGene Life Sciences
Hoyoung Huh
Founder & Co-CEO · pH Pharma
Jae Kim
Co-CEO · pH Pharma
RESEARCH SIGNALS · South Korea

How research on Medical Devices is moving in South Korea

A read on the academic research around Medical Devices — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 229 South Korea-affiliated papers.

research sentiment over time
201020192026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 43% → 61% across 2010–2026.
top research entities
  • Korea Advanced Institute of Science and Technology28
  • Seoul National University21
  • Yonsei University19
  • Pusan National University17
  • Korea University11
leading researchers
Min Cheol Lee · Dong‐Soo Kwon · Chi Yen Kim · Minho Hwang · Jaesoon Choi · Koon Ho Rha · Sung Min Yoon · Dong-Hoon Kang
▲ Breakthroughs36 · 16%
▲ 13%→16% share
▲1.2× share momentum5 median citations44% since 2021mostly methods-led
Breakthroughs are rising (13%→16% of field), led by Surgical robot.
rising sub-themes (early→recent)
  • Surgical robot16
  • Robot14
  • Robotic surgery4
  • Invasive surgery4
  • Workspace4
Landmark Sensorized Surgical Forceps for Robotic-Assisted Minimally Invasive Surgery · 108 cites
◆ Advancements109 · 48%
▼ 56%→40% share
▼0.7× share momentum4 median citations37% since 2021mostly methods-led
Advancements are cooling (56%→40% of field), led by Surgical robot.
rising sub-themes (early→recent)
  • Surgical robot56
  • Robot44
  • Haptic technology12
  • Robotic surgery12
  • Surgical instrument12
Landmark Subdermal Flexible Solar Cell Arrays for Powering Medical Electronic Implants · 142 cites
▼ Concerns50 · 22%
▲ 18%→26% share
▲1.4× share momentum2 median citations52% since 2021mostly position pieces
Concerns are rising (18%→26% of field), led by Biomedical engineering.
rising sub-themes (early→recent)
  • Biomedical engineering1→4
Landmark Current status and outlook on the clinical translation of biodegradable metals · 401 cites
RESEARCH HOTSPOTS · South Korea

Where medical devices 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.

Seoul96 · +0.41
Hot · Surgical robotAdvancing · Computer visionOpportunity · MEDLINEConcern · Robotic surgery
Daejeon36 · +0.52
Hot · WorkspaceAdvancing · SimulationOpportunity · Medical equipment
Busan17 · +0.36
Hot · Perturbation (astronomy)Advancing · Haptic technology
Seongnam-si15 · +0.37
Hot · Surgical robotAdvancing · Surgical instrumentOpportunity · Biomedical engineering
Daegu13 · +0.42
Hot · RobotAdvancing · Mechanism (biology)Opportunity · Biocompatible material
Ulsan9 · +0.53
Hot · Computer visionAdvancing · Surgical robotOpportunity · MEDLINE
Gwangju7 · +0.56
Hot · RobotAdvancing · Surgical robot
Incheon5 · +0.28
Suwon5 · +0.00
PATENT SIGNAL · South Korea

Who's filing medical devices patents in South Korea

South Korea medical devices patent filing is accelerating — 101,861 filings from 8,000 assignees (2016–2025), led by Samsung, UNIV Korea RES & BUS Found, Korea Advanced INST SCI & TECH; annual filings 7688→11853.

101,861 filings8,000 assigneespeak 11853/yr2016–2025
filing momentum (YoY 2016–2025)
top patent filers
  • Samsung17681
  • UNIV Korea RES & BUS Found1952
  • Korea Advanced INST SCI & TECH1612
  • LG Electronics1599
  • UNIV Yonsei IACF1292
  • I SENS1154
  • KT & G1005
  • Medison999

Common questions

How many Ophthalmology companies are there in South Korea?
Radar tracks 36 indexable Ophthalmology companies headquartered in South Korea that meet our profile-completeness bar.
What is the total funding raised by Ophthalmology companies in South Korea?
The Ophthalmology companies in South Korea on this list have raised a combined $76.8M in disclosed equity funding across 6 funded companies.
Which is the highest-funded Ophthalmology company in South Korea?
Kanaph is the highest-funded Ophthalmology company in South Korea, with $30M in disclosed equity funding.
How many Ophthalmology companies in South Korea are funded?
6 of the 36 Ophthalmology companies in South Korea on this list have disclosed at least one equity funding round.
How many Ophthalmology unicorns are there in South Korea?
None of the Ophthalmology companies in South Korea on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in South Korea Ophthalmology companies?
The most active investors in South Korea Ophthalmology companies on this list include Korea Investment Holdings, DSC Investment, FuturePlay, GNTech Venture Capital, Magna.
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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