ERSTEQ

BiotechnologySeedDaejeon-City, South Korea

Latest round

Seed

Last raised

Oct 2021

Total raised

$0.4M

Investors

2

About ERSTEQ

Based in Daejeon, South Korea, and founded in 2021, ERSTEQ is a biotechnology firm that conducts joint research with pharmaceutical companies and research institutes to develop new drugs for medical applications by utilizing artificial intelligence technology. As of November 2022, Ivoa is the CEO of the company. The company provides drug ingredient candidate discovery solutions using 3d structural information analysis and biological verification integrated system. ERSTEQ is researching and developing new drugs by continuously collecting data, mutually feeding data on cell, and preclinical animal experiment verification data from company-affiliated research institutes, including pharmacological and physicochemical analysis, and a mapping big data platform between pharmacologically active substances including natural product materials and ingredients.

Who invested in ERSTEQ

2 investors across 2 rounds

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Funding rounds

  1. Seed

    Oct 1, 2021

    Amount

    $0.4M

    Investors

    Locked

  2. Seed

    Aug 31, 2021

    Amount

    Undisclosed

    Investors

    Locked

Questions about ERSTEQ

Who invested in ERSTEQ?

ERSTEQ has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has ERSTEQ raised?

ERSTEQ has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did ERSTEQ last raise money?

ERSTEQ's most recent round on record is a Seed, in Oct 2021.

What does ERSTEQ do?

Based in Daejeon, South Korea, and founded in 2021, ERSTEQ is a biotechnology firm that conducts joint research with pharmaceutical companies and research institutes to develop new drugs for medical applications by utilizing artificial intelligence technology.

Where is ERSTEQ headquartered?

ERSTEQ is headquartered in Daejeon-City, South Korea.

Which VCs invest in companies like ERSTEQ?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Peak XV Partners, MPCi and Luminous Ventures back biotechnology companies at ERSTEQ's stage. Their profiles are linked below.

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