Last deal

$14.29M
Local Amount - KRW 17B

Amount

Series B

Stage

30.07.2020

Date

2

all rounds

$14.29M

Total amount

Financing round

General

About Company
1STBIO develops breakthrough therapies to provide novel medicines to patients.

Industry

Sector :

Subsector :

Company Type

For Profit

Last funding type

Series B

IPO status

Private

Description

The biotech company, 1STBIO, is focused on discovering and developing innovative first-in-class therapeutic candidates with a high likelihood of clinical success. With a team of 24 experts in biochemistry, medicinal chemistry, pharmacology, and business development, the company is connected to a wide network of R&D professionals in academia, hospitals, industry, CROs, and investors in Korea, China, and the US. Their goal is to discover and develop effective molecular therapeutics for patients, with a deep pipeline of first-in-class investigational therapeutics for degenerative brain diseases, immuno-oncology, and rare diseases.
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Financials

Funding Rounds
2
2

Number of Funding Rounds

$14.29M

Money Raised

Their latest funding was raised on 30.07.2020. Their latest investor Hi Investment Partners. Their latest round Series B

Date 
Funding Round 
Investors 
Money Raised 
Lead 
30.07.2020
1
$14.29M
Local Amount - KRW 17B
01.01.2016
1
Co-Investors
Investors
2
0

Number of lead investors

2

Number of investors

Investor 
Lead 
Round 
Partners 

Hi Investment Partners

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Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

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Venture Capital, Financial Services, Finance

Location

Seoul, South Korea

count Of Investments

45
Smilegate Investment

Smilegate Investment

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Closed End Investments

Subsector

Closed End Investments

Keywords

Financial Services, Venture Capital, Finance

Location

Seongnam-si, Gyeonggi-do, South Korea

count Of Investments

195

count Of Exists

2

People

Founders
1
Jamie Jae Eun Kim
Jamie Jae Eun Kim

Jamie Jae Eun Kim

Jamie Jae Eun Kim is the Chief Executive Officer at 1ST Biotherapeutics Inc. Jamie Jae Eun Kim attended the University of Illinois Urbana-Champaign.

current job

1st Biotherapeutics
1st Biotherapeutics

organization founded

1

Jamie Jae Eun Kim

Employee Profiles
1
Jamie Jae Eun Kim

Jamie Jae Eun Kim

Chief Executive Officer

Activity

Recent News
1