# FNCT Biotech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fnct-biotech

- Industry: Biotechnology
- Headquarters: Seongnam, South Korea
- Website: www.fnctbiotech.com/
- Total disclosed funding: $18M
- Latest round: Series B (Jun 16, 2026)
- Investors on record: 12

## About

Based in Seoul, South Korea, and founded in 2021 by co-founders Jin-woo Jin and Su-Jae Lee, FNCT Biotech, Inc. operates as a provider of research and development services for drugs and cures for cancer and fibrosis. In June 2026, FNCT Biotech, Inc. raised KRW 21.1 billion in series B funding from new investors Samho Green Investment, IBK Capital, AJU IB Investment, NICE Investment Partners, NH Bank, ON Venture Investment, Solidus Investment, Soo Investment Capital, SparkLabs Equities, and nbloc Investment. Returning investors Premier Partners and BSK Investment also participated in the round.

FNCT Biotech, Inc. is developing Pulmonary fibrosis, which is a medical treatment for lung fibrosis and cancer targeting. The company offers biotechnology for research and development of the antibody for treating cancer. 

The company will use the June 2026 funding to advance preclinical trials for its lead drug candidate, accelerate global licensing, and develop its future pipeline.

## Funding rounds

- Series B, Jun 16, 2026, $14M — NH Bank, AJU IB Investment, Samho Green Investment, Solidus Investment, Premier Partners, IBK Capital, NICE Investment Partners, BSK Investment, Soo Investment Capital, ON Venture Investment
- Series A, Jan 20, 2025, $4.1M — Meritz Securities, Industrial Bank of Korea, Premier Partners, BSK Investment

## Investors

- Meritz Securities — Series A
- Industrial Bank of Korea — Series A
- Premier Partners (https://capitalatlas.ai/funds/premier-partners) — Series A, Series B
- BSK Investment (https://capitalatlas.ai/funds/bsk-investment) — Series A, Series B
- NH Bank — Series B
- AJU IB Investment (https://capitalatlas.ai/funds/aju-ib-investment) — Series B
- Samho Green Investment (https://capitalatlas.ai/funds/samho-green-investment) — Series B
- Solidus Investment (https://capitalatlas.ai/funds/solidus-investment) — Series B
- IBK Capital (https://capitalatlas.ai/funds/ibk-capital) — Series B
- NICE Investment Partners (https://capitalatlas.ai/funds/nice-investment-partners) — Series B
- Soo Investment Capital (https://capitalatlas.ai/funds/soo-investment-capital) — Series B
- ON Venture Investment (https://capitalatlas.ai/funds/on-venture-investment) — Series B