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Intocell

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KOSDAQ-listed developer of antibody-drug conjugates for cancer built on its OHPAS linker platform

Daejeon, South KoreaFounded 2015Biotech & Life Sciences
Valuation $100–250M Last recorded · 2026
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Intocell

Intocell Inc. operates as a South Korean biotechnology firm focused on the research and development of treatments for cancer. The company was established on April 1, 2015, by CEO Park Tae-kyo, who previously co-founded LigaChem Biosciences (formerly LegoChem Biosciences) and was a key inventor of its core ADC platform technology. This background provides Intocell's leadership with significant experience in the Antibody-Drug Conjugate (ADC) field, including taking a venture company through to a KOSDAQ listing.

The firm's core business revolves around its proprietary platform technologies for protein-drug conjugates, particularly ADCs, which are designed to selectively deliver potent cytotoxic agents to tumors. Intocell's main technological asset is its Ortho-Hydroxy Protected Aryl Sulfate (OHPAS) linker platform. This technology, which connects an antibody to a drug payload, is engineered for high stability in plasma, a critical factor for the safety and efficacy of an ADC. The company's business strategy has two main pillars: exporting its linker platform technology to partners for use with their antibodies, and developing its own pipeline of proprietary ADC candidates. Revenue is generated through these technology transfer agreements, which include upfront payments as well as potential development, regulatory, and commercial milestones and royalties.

Intocell has established several key collaborations to advance its technology. In late 2023, the company entered into a joint research agreement with Samsung Bioepis to co-develop up to five anticancer ADC candidates, where Intocell provides its linker and drug technologies. It also has a material transfer and optional licensing agreement with ADC Therapeutics, supplying its OHPAS-developed drug-linkers. The company's work has gained recognition, winning the KHIDI-Amgen Pitching Day in 2023. Having raised significant capital through multiple funding rounds, including a ₩34 billion Series C in 2020, Intocell became a public company, listing on the KOSDAQ exchange on May 23, 2025.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2015
Headquarters
Daejeon, South Korea
Employees
15
Open positions
None listed
Dealroom signal
45.0/100
Industry
Health
Sub-industry
Pharmaceutical, BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Biotech and Pharma, Hard Tech, DT and LS, science-based
Business model
Manufacturing
Client focus
b2b

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES C✓Equity / VC Jan 2021 $29M $114M Atinum Investment · Knet investment partners. LLC · Win Best Venture Investment · Brave New Investment ↗
SERIES AEquity / VC Jan 2016 $838K $3.4M Stonebridge —
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Growth signals

Intocell website traffic

Latest recorded traffic for Intocell is 2.6K monthly website visits, down 43.5% over the last three months. Intocell's team grew 7.1% over the past year.

Latest monthly visits2.6K 3-month web change-43.5% 1-year team growth+7.1%
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Similar companies

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

12 investors on the cap table

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

Series A1 investor entered at this stage

  • Stonebridge

Series B and later9 investors entered at this stage

  • Atinum Investment
  • Knet investment partners. LLC
  • Win Best Venture Investment
  • Brave New Investment
  • DA Value Investment
  • ST Capital
  • Seoul Investment Partners
  • Friend Investment Partners
  • Orbit Partners Korea

Other known investors2 additional known investors

  • Daedeok Venture Partners
  • Partners 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
2 countries with
team presence
🇰🇷 South Korea60%
🇺🇸 United States40%
2 countries shown

Market sentiment

Posts on X, past 7 days

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