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APITBIO

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Innovative antibody-based therapeutics for personalized medicine

Seoul, South KoreaFounded 2018Health Tech & Medtech
Valuation $50–100M Last recorded · 2021
Total funding $10–50M Disclosed equity funding
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About APITBIO

APITBIO, a South Korean biotechnology firm established in 2018 by founder and CEO Seon-Joo Yoon, is focused on the development of antibody-based therapeutics. The company is strategically positioned within the oncology and infectious disease markets, aiming to fulfill unmet medical needs. APITBIO operates from its headquarters in Seoul and has secured funding from institutional investors, including Hyundai Venture Investment, Shinhan Venture Investment, and UTC Investment.

The company's business model centers on the research, development, and eventual commercialization of its therapeutic pipeline. This involves a comprehensive process that spans antibody screening, discovery, optimization, and production. APITBIO's core technology is a proprietary human synthetic antibody (Fab) library, which is utilized to discover and engineer various antibody-based treatments. The portfolio includes first-in-class monoclonal antibodies (mAbs), bispecific antibodies (BsAbs), and antibody-drug conjugates (ADCs). The company also offers services related to its antibody discovery and construction platforms.

A key asset in APITBIO's pipeline is APB-A001, a human antibody targeting L1CAM (CD171), a protein overexpressed in several intractable solid tumors. This product has received approval for a Phase 1 clinical trial in Korea. The company is also developing treatments for chronic hepatitis B and advancing diagnostic kits for pancreatic and biliary tract cancers. Strategic collaborations are a core component of APITBIO's strategy. A notable partnership with Samjin Pharmaceuticals aims to co-develop new ADC therapies by combining APITBIO's antibody expertise with Samjin's linker-payload technology. The company has also entered into a joint development agreement with China-based Biotheus to create immuno-oncology bispecific antibodies, leveraging the strengths of both entities to target solid tumors.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2018
Headquarters
Seoul, South Korea
Open positions
None listed
Dealroom signal
20.3/100
Industry
Health
Sub-industry
Health Platform
Sector
Health Tech & Medtech, Hard Tech
Business model
Manufacturing
Client focus
b2b
Links
Website

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Feb 2021 $13M $51M Shinhan Venture Investment · Mirae Equity Partners · Hyundai Technology Investment · UTC Investment ↗
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Growth signals

APITBIO website traffic

Latest recorded traffic for APITBIO is 510 monthly website visits, down 70% over the last three months.

Latest monthly visits510 3-month web change-70%
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Similar companies

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

9 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A9 investors entered at this stage

  • Shinhan Venture Investment
  • Mirae Equity Partners
  • Hyundai Technology Investment
  • UTC Investment
  • KDB Capital
  • Kolon Investment
  • KB Securities
  • Laguna Investment
  • LSK Investment
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Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇰🇷 South Korea · Seoul HQ
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Market sentiment

Posts on X, past 7 days

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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