# VSPharm Tech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/vspharm-tech

- Industry: Biotechnology
- Headquarters: Daegu, South Korea
- Website: www.vspharmtech.com
- Total disclosed funding: $9M
- Latest round: Series B (Sep 17, 2025)
- Investors on record: 9

## About

Founded in 2019 and based in Daegu, South Korea, VSPharm Tech operates as a biopharmaceutical company that develops radiotherapy-sensitive drugs to enhance the effectiveness of cancer treatment. In September 2025, VSPharm Tech raised series B funding from investors JCH Investment and Enlight Ventures. As of 2025, the company is led by its CEO Shinyoung Park.

VSPharm Tech offers drugs that are sensitive to radiotherapy to improve the effectiveness of cancer treatment based on radiotherapy. The company will use the April funding to recruit more R&D personnel, execute VS-101 clinical trials, expand its new pipeline drugs, and conduct overseas technology transfer work. The company will use the funding to focus on entering clinical trials in the US and developing and discovering follow-up pipelines.

## Funding rounds

- Series B, Sep 17, 2025 — Enlight Ventures, JCH Investment
- Series B, Jun 20, 2023, $1.5M — Korea Venture Investment Corporation
- Series B, Apr 11, 2023, $3.8M — Posco Investment, Enlight Ventures, Scale Up Partners, Chiroad Inc.
- Series A, Apr 5, 2022, $3.7M — Posco Investment, Samho Green Investment, Enlight Ventures, ST Capital, Wide N Partners
- Seed, Sep 1, 2019 — Enlight Ventures

## Investors

- Enlight Ventures (https://capitalatlas.ai/funds/enlight-ventures) — Seed, Series A, Series B
- Posco Investment (https://capitalatlas.ai/funds/posco-investment) — Series A, Series B
- Samho Green Investment (https://capitalatlas.ai/funds/samho-green-investment) — Series A
- ST Capital (https://capitalatlas.ai/funds/st-capital) — Series A
- Wide N Partners — Series A
- Scale Up Partners (https://capitalatlas.ai/funds/scale-up-partners) — Series B
- Chiroad Inc. — Series B
- Korea Venture Investment Corporation (https://capitalatlas.ai/funds/korea-venture-investment-corporation) — Series B
- JCH Investment (https://capitalatlas.ai/funds/jch-investment) — Series B