# ONCOZEN Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/oncozen-co

- Industry: Biotechnology
- Headquarters: Cheongju-si, South Korea
- Website: www.oncozen.co.kr/
- Total disclosed funding: $0.2M
- Latest round: Seed (Sep 29, 2020)
- Investors on record: 1

## About

Founded in 2020 in Cheongju, South Korea, ONCOZEN Co., Ltd. specializes in oncology therapies. The company has secured a pre-series A funding round, raising KRW 1 billion on April 19, 2022, with BNC Korea as the investor. Joo-hoon Ahn serves as both CEO and Founder, leading the company with a focus on addressing unmet medical needs in cancer treatment.

ONCOZEN Co., Ltd. specializes in innovative oncology-focused therapies aimed at treating cancer and rare diseases. Its core product offerings center around a novel technology that leverages the body’s Ubiquitin Proteasome System (UPS) to target and degrade disease-causing proteins mediated by Chaperone complexes. This modality is designed to eliminate proteins linked to various malignancies, addressing significant unmet medical needs. ONCOZEN’s therapies are intended for clinical and research settings, catering to healthcare providers, research institutions, and pharmaceutical partners, primarily in Asia while also exploring North American and European markets.

In the most recent fiscal year, ONCOZEN Co., Ltd. reported a revenue of KRW 210 million in 2023, reflecting its business model structured around strategic partnerships and collaborations, including potential direct sales of its proprietary therapeutic products.

With the KRW 1 billion raised in its pre-series A funding, ONCOZEN plans to accelerate joint development of CMPD-based targeted protein-degradation anticancer drugs and advance its lead pipeline. In addition, the company aims to expand into North American and European markets by 2025, seeking to leverage its existing technologies and collaborations to introduce its innovative therapies to a broader audience.

## Funding rounds

- Seed, Sep 29, 2020, $0.2M — Sunbo Angel Partners

## Investors

- Sunbo Angel Partners (https://capitalatlas.ai/funds/sunbo-angel-partners) — Seed