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Curocell

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The company is committed to developing innovative technologies to improve the efficacy of cancer treatments and address the limitations of traditional cancer immunotherapy drugs

Daejeon, South KoreaFounded 2017Biotech & Life Sciences
Valuation $100–250M Last recorded · 2022
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Curocell

Curocell Inc. is a South Korean clinical-stage biotechnology company established in 2016, specializing in the development of Chimeric Antigen Receptor T-cell (CAR-T) therapies for cancer treatment. Founded by Gunsoo Kim (CEO), Chan Hyuk Kim (CTO), and Hyunbo Shim (CSO), the company has positioned itself as a key player in the Korean immunotherapy landscape. Curocell is a publicly-traded entity on the KOSDAQ market under the ticker 372320. The company's financial model is centered on the research, development, and eventual commercialization of its therapeutic products. It has successfully raised significant capital, including a total of $82.4M over four funding rounds, to finance its clinical trials and infrastructure development.

The company's core business revolves around creating advanced cancer treatments by genetically engineering a patient's own T-cells to effectively identify and destroy cancer cells. Curocell's main client base consists of patients with relapsed or refractory cancers who have exhausted conventional treatment options. A pivotal component of Curocell's product portfolio is its proprietary OVIS™ (Overcome Immune Suppression) technology. This platform enhances the anti-tumor activity of CAR-T cells by simultaneously inhibiting two immune checkpoint receptors, PD-1 and TIGIT, which are known to cause CAR-T cell exhaustion. By downregulating these receptors, OVIS™ aims to improve the persistence and effectiveness of the therapy compared to conventional CAR-T treatments.

Curocell's lead product candidate is Anbal-cel (anbalcabtagene autoleucel), also known as Limkato, a CD19-targeting CAR-T therapy. In November 2023, the company completed a Phase 2 clinical trial for Anbal-cel in patients with relapsed or refractory diffuse large B-cell lymphoma (DLBCL), a common type of blood cancer. The trial demonstrated a high complete response rate, and Curocell has since submitted a biologics license application to Korea's Ministry of Food and Drug Safety, anticipating commercial launch in 2025. The company is also expanding Anbal-cel's applications, having received approval for a Phase 2 trial in adult acute lymphoblastic leukemia (ALL) and a Phase 1/2 trial for the autoimmune disease systemic lupus erythematosus (SLE). Beyond Anbal-cel, Curocell is developing 'Hyperkine,' a next-generation platform to tackle solid tumors, and an allogeneic (off-the-shelf) CAR-T therapy for peripheral T-cell lymphoma (PTCL). To support its ambitions, Curocell has established a large-scale GMP facility in South Korea dedicated to CAR-T production.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2017
Headquarters
Daejeon, South Korea
Employees
27
Open positions
None listed
Dealroom signal
78.0/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Biotech and Pharma, Hard Tech, DT and LS, science-based
Business model
Manufacturing
Client focus
b2b

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VC✓Equity / VC Jan 2022 $30M $121M Seoul Investment Partners · DS Asset Management · Widwin investment · Moonchase Asset Management —
SERIES CEquity / VC Aug 2020 $0 — Seoul Investment Partners · K2 Investment Partners · JX Partners Investment Company · LB Investment —
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Growth signals

Curocell website traffic

Latest recorded traffic for Curocell is 6.4K monthly website visits, up 16.4% over the last three months. Curocell's team declined 3.6% over the past year.

Latest monthly visits6.4K 3-month web change+16.4% 1-year team growth-3.6%
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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

13 investors on the cap table

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

Series B and later10 investors entered at this stage

  • Seoul Investment Partners
  • K2 Investment Partners
  • JX Partners Investment Company
  • LB Investment
  • IMM Investment
  • Hana Ventures
  • DS Asset Management
  • Widwin investment
  • Moonchase Asset Management
  • SK Plasma

Other known investors3 additional known investors

  • Company K Partners
  • STIC Ventures
  • Aju IB Investment
Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
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
1 countries with
team presence
🇰🇷 South Korea100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Curocell on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

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

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