Last deal

$54M

Amount

Series B

Stage

23.06.2021

Date

3

all rounds

$92M

Total amount

date founded

Financing round

General

About Company
Orum Therapeutics is a private biotech company developing therapeutic antibodies to target cytosolic proteins for cancer and rare diseases.

Industry

Sector :

Subsector :

founded date

01.01.2016

Number of employees

Company Type

For Profit

Last funding type

Series B

IPO status

Private

Description

Orum Therapeutics is pioneering the development of therapeutic antibodies that can target previously undruggable cytosolic proteins using their unique cell-penetrating antibody platform called Oromab. Unlike other approaches, their platform can deliver active antibody therapeutics or payloads inside cells without the need for chemical modification. They are also developing tumor-directed targeted protein degraders for cell-specific delivery and have generated first-in-class antibody drug conjugates for the treatment of solid tumors and hematologic cancers. The company is based in Daejeon, South Korea and Boston, US.
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Financials

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Number of Funding Rounds

$92M

Money Raised

Their latest funding was raised on 23.06.2021. Their latest investor Premier Partners. Their latest round Series B

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23.06.2021
4
$54M
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1
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count Of Investments

256

count Of Exists

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Co-Investors
Investors
11
1

Number of lead investors

11

Number of investors

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Partners 
No
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Pre-Seed
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Series B
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People

Founders
2
Sung Joo LEE
Sung Joo LEE

Sung Joo LEE

current job

Orum Therapeutics
Orum Therapeutics

organization founded

1

Sung Joo LEE

Yong Sung KIM,
Yong Sung KIM,

Yong Sung KIM,

current job

Orum Therapeutics
Orum Therapeutics

organization founded

1

Yong Sung KIM,

Employee Profiles
5
Olaf Christensen

Olaf Christensen

Chief Medical Officer

Peter U. Park

Peter U. Park

Chief Scientific Officer

Sung Joo LEE

Sung Joo LEE

CEO & Founder

Jaewon Kim

Chief Financial Officer

Yong Sung KIM,

Yong Sung KIM,

Scientific &Co- Founder

Activity

Recent News
4
News Timeline

The graph reveals the ratio (%) of positive news articles in a chosen time range

month