# Mediwhale

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mediwhale

- Industry: Healthcare
- Headquarters: Seoul, South Korea
- Website: www.mediwhale.com
- Total disclosed funding: $24M
- Latest round: Series C (Mar 31, 2026)
- Investors on record: 15

## About

Established in 2016 and based in Seoul, South Korea, Mediwhale Inc. uses artificial intelligence technology to find cardiovascular risk by using retinal images as biomarkers. The company develops an AI that enables the diagnosis of heart disease based on fundus image analysis. In March 2026, Mediwhale Inc. raised KRW 20 billion in series C funding led by new investor Premier Partners, with participation from other new investors KB Investment, QUAD Investment Management, Hana Ventures, AON Investment, and Startup Partners. Returning investor IMM Investment also participated in the round.

The company operates DrNoon for CVD, an artificial intelligence-based medical device that can evaluate cardiovascular risk through an eye examination. MediWhale Inc. also uses IVUS, a catheter with ultrasound equipment used to observe a patient’s coronary artery. MediWhale Inc. plans to accelerate its entry into the domestic and overseas medical markets of DrNoon for CVD and retina-based cardiovascular risk assessment AI. 

The company will use the March 2026 funding to expedite the approval of its application in US Food and Drug Administration.

## Funding rounds

- Series C, Mar 31, 2026, $13M — KB Investment, IMM Investment, Premier Partners, QUAD Investment Management, Hana Ventures, AON Investment
- Series B, Mar 22, 2023, $8.7M — Arizona State University Foundation, SBI Investment Korea, Innopolis Partners, WOORI Venture Partners, Mayo Clinic, BNK Venture Capital, IPS Ventures, HeartX
- Series A, Aug 26, 2021, $2.5M — SBI Investment Korea, BNK Venture Capital
- Seed, Mar 1, 2019 — Innopolis Partners, Korea Tech Incubator for Startup

## Investors

- Innopolis Partners (https://capitalatlas.ai/funds/innopolis-partners) — Seed, Series B
- Korea Tech Incubator for Startup — Seed
- SBI Investment Korea (https://capitalatlas.ai/funds/sbi-investment-korea) — Series A, Series B
- BNK Venture Capital (https://capitalatlas.ai/funds/bnk-venture-capital) — Series A, Series B
- Arizona State University Foundation — Series B
- WOORI Venture Partners (https://capitalatlas.ai/funds/woori-venture-partners) — Series B
- Mayo Clinic — Series B
- IPS Ventures (https://capitalatlas.ai/funds/ips-ventures) — Series B
- HeartX — Series B
- KB Investment (https://capitalatlas.ai/funds/kb-investment) — Series C
- IMM Investment (https://capitalatlas.ai/funds/imm-investment) — Series C
- Premier Partners (https://capitalatlas.ai/funds/premier-partners) — Series C
- QUAD Investment Management (https://capitalatlas.ai/funds/quad-investment-management) — Series C
- Hana Ventures — Series C
- AON Investment (https://capitalatlas.ai/funds/aon-investment) — Series C