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Elisigen

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AAV gene therapies for neurodegenerative and rare diseases

Seoul, South KoreaFounded 2018Biotech & Life Sciences
Valuation $250–500M Last recorded · 2025
Headcount <100 Current team size
Total funding $100–500M Disclosed equity funding
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About Elisigen

Neuracle Genetics is a South Korean biotechnology company established in May 2018, specializing in the development of Adeno-Associated Virus (AAV) vector-based gene therapies. The company focuses on creating treatments for neurodegenerative disorders, ophthalmic diseases, and other intractable rare diseases. Headquartered in Seoul and founded by CEO Jongmuk Kim, the firm aims to address conditions with significant unmet medical needs.

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The company's business model is centered on the research, development, and eventual commercialization of its proprietary gene therapy candidates. Its core technology is an AAV vector engineering platform designed for high-efficiency gene delivery and expression. A key aspect of this technology is its ability to achieve therapeutic effects at lower doses, potentially reducing side effects and production costs. Neuracle Genetics operates in the global gene therapy market, a sector experiencing significant growth driven by advances in gene-editing tools and the rising prevalence of genetic disorders. The company establishes strategic partnerships for development and manufacturing; a significant collaboration is with Reyon Pharmaceutical for the co-development and exclusive manufacturing of its lead product, NG101.

The pipeline includes several candidates, with NG101 being the most advanced. NG101 is a gene therapy for wet Age-related Macular Degeneration (wAMD) that delivers the gene for aflibercept, the active ingredient in the standard treatment Eylea. This therapy is designed to provide long-term effects from a single injection, reducing the treatment burden for patients who currently require frequent intraocular injections. NG101 has received Fast Track Designation from the U.S. FDA and is undergoing Phase 1/2a clinical trials in the U.S. and Canada. Another key pipeline candidate is NG201, which targets neuropathic pain.

Since its founding, Neuracle Genetics has secured significant funding through several investment rounds, including a seed round in 2018, a Series A in 2019, and a Series B in 2021, attracting investors such as Reyon Pharmaceutical, DAYLI Partners, and Partners Investment.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2018
Headquarters
Seoul, South Korea
Employees
12
Open positions
None listed
Dealroom signal
84.0/100
Industry
Health
Sub-industry
Pharmaceutical, BioTechnology
Sector
Biotech & Life Sciences, Ophthalmology, Drug Development, Neurology, Genetics and genomics, Gene Therapy, Spinout, Rare Diseases, biomanufacturing, DT and LS
Business model
Manufacturing
Client focus
b2b

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES COther financing Nov 2025 $74M $294M Undisclosed ↗
SERIES BOther financing Jun 2021 $48M $190M Undisclosed —
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Growth signals

Elisigen website traffic

Latest recorded traffic for Elisigen is 590 monthly website visits. Elisigen's team grew 20% over the past year.

Latest monthly visits590 1-year team growth+20%
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Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

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

Investors

2 investors on the cap table

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

Series B and later1 investor entered at this stage

  • Neuracle Science

Other known investors1 additional known investor

  • Korea University
Team profiled 4 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 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
3 countries with
team presence
🇰🇷 South Korea70%
🇺🇸 United States20%
🇬🇧 United Kingdom10%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Elisigen 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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