PharmCADD
Company

Last deal

$16M

Amount

Series B

Stage

19.04.2021

Date

3

all rounds

$17.67M

Total amount

date founded

Financing round

General

About Company
PharmCADD is a company that uses AI and advanced technologies to accelerate drug discovery.

Industry

Sector :

Subsector :

founded date

05.03.2019

Number of employees

Company Type

For Profit

Last funding type

Series B

IPO status

Private

Description

By combining AI, molecular dynamics, quantum calculation, and network theory, PharmCADD's platform enables scientists to quickly and accurately search for specific drug candidates in a vast chemical space. Their in-silico drug design platform helps overcome challenges in the drug discovery process by using protein folding algorithms and predictive modeling to design and synthesize new drug candidates. PharmCADD is focused on developing drugs for various diseases including cancer, Alzheimer's, and COVID-19.
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total raised

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Financials

Funding Rounds
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3

Number of Funding Rounds

$17.67M

Money Raised

Their latest funding was raised on 19.04.2021. Their latest investor DAOL Investment. Their latest round Series B

Date 
Funding Round 
Investors 
Money Raised 
Lead 
31.08.2020
1
$841.75K
Local Amount - KRW 1B
05.06.2020
1
$831.26K
Local Amount - KRW 1B

Strategic Investors (Board & Advisors)

count Of Investments

2
SD Group

SD Group

SD Group

count Of Investments

2
Dayli Partners

Dayli Partners

Seoul-based venture capital firm, Dayli Partners, invests in bio-healthcare startups.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Venture Capital, Financial Services, Biotechnology

Location

Seoul, South Korea

count Of Investments

76

count Of Exists

1

DAOL Investment

DAOL Investment is a venture capital firm.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Financial Services, Venture Capital, Finance

count Of Investments

23

count Of Exists

1
Co-Investors
Investors
9
5

Number of lead investors

9

Number of investors

Investor 
Lead 
Round 
Partners 
Yes
Seed, Series A
Yes
Seed
Yes
Series A

DAOL Investment

DAOL Investment is a venture capital firm.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Financial Services, Venture Capital, Finance

count Of Investments

23

count Of Exists

1

Dt&Investment

Dt&Investment

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Dayli Partners

Dayli Partners

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Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Venture Capital, Financial Services, Biotechnology

Location

Seoul, South Korea

count Of Investments

76

count Of Exists

1

People

Founders
1
Taehyung Kwon
Taehyung Kwon

Taehyung Kwon

Founder & CEO at PharmCADD.

current job

PharmCADD
PharmCADD

organization founded

1

Taehyung Kwon

Employee Profiles
2
Sangwook Wu

Sangwook Wu

CEO/CTO

Taehyung Kwon

Taehyung Kwon

Founder & CEO

Activity

Recent News
0