# ABL Bio funding: rounds and investors

> ABL Bio has raised $18M across 2 rounds since 2023. Investors include Korea Investment Partners, Eli Lilly and IMM Investment. Every round with its source.

Source: https://millionrounds.com/company/abl-bio (Millionrounds; every figure on the page links to its filing or article)

South Korea · [Funded startup](https://millionrounds.com/companies)

# Who invested in *ABL Bio*

2 rounds we have observed, with the 4 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Biotech

Raised 12 months ago

Funding summary Updated 26 Oct 2026

**$18M** raised across 2 rounds since 2023, from 2 sources

**$3.0M** Venture **$15M** Round

- **Latest round:** Round, $15M Nov 2025
- **Step-up i:** 5.1×
- **Investors:** 4

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2024 2025

**$3.0M** Venture

**$15M** Round

- **First round:** Venture, $3.0M
- **Biggest round:** $15M
- **Between rounds:** 2.2 years

## The rounds

- **Nov 2025** Round **$15M** *1 new* *1 returning* [Korea Investment Partners](https://millionrounds.com/fund/korea-investment-partners) [Eli Lilly](https://millionrounds.com/fund/eli-lilly) Source recorded
- **Sept 2023** Venture **$3.0M** *3 new* [Korea Investment Partners](https://millionrounds.com/fund/korea-investment-partners) [IMM Investment](https://millionrounds.com/fund/imm-investment-corp) [DSC Investment](https://millionrounds.com/fund/dsc-investment) Source recorded SEC filing: $3.0M sold, first sale Jul 2023

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Venture** 2023 **Round** 2025 [Korea Investment Partners](https://millionrounds.com/fund/korea-investment-partners) [Eli Lilly](https://millionrounds.com/fund/eli-lilly) [IMM Investment](https://millionrounds.com/fund/imm-investment-corp) [DSC Investment](https://millionrounds.com/fund/dsc-investment)

## Everyone who backed them

[Korea Investment Partners](https://millionrounds.com/fund/korea-investment-partners) VC firm **2** rounds

[Eli Lilly](https://millionrounds.com/fund/eli-lilly) Corporate VC **1** round

[IMM Investment](https://millionrounds.com/fund/imm-investment-corp) VC firm **1** round

[DSC Investment](https://millionrounds.com/fund/dsc-investment) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=abl-bio).

## Also claim to have backed them

These 2 firms list ABL Bio as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Atinum Investment](https://millionrounds.com/fund/atinum-investment) VC firm Per its own site

[Paratus Investment](https://millionrounds.com/fund/paratus-investment-inc) Private equity 2017, per its site

## Quick answers about ABL Bio

### Who invested in ABL Bio?

ABL Bio's investors include Korea Investment Partners, Eli Lilly, IMM Investment and DSC Investment.

### How much has ABL Bio raised?

ABL Bio has raised $18M across 2 rounds since 2023.

### When did ABL Bio last raise?

ABL Bio's most recent round was an Undisclosed round of $15M in Nov 2025.

### What was ABL Bio's biggest round?

Its most recent round, $15M in Nov 2025, is also its largest on record.

### Who backed ABL Bio first?

ABL Bio's first round on record, in Sept 2023, was backed by Korea Investment Partners, IMM Investment and DSC Investment.

### What stage is ABL Bio at?

ABL Bio's latest named round is an Undisclosed round, in Nov 2025.

### Where is ABL Bio based?

ABL Bio is based in South Korea.

## Companies like ABL Bio

In the same sector, and raised in the last eighteen months.

[**Aribio** Oct 2026](https://millionrounds.com/company/aribio)[**Galux** $29M · Feb 2026](https://millionrounds.com/company/galux)[**Twinpig Biolab** $1.0M · Nov 2025](https://millionrounds.com/company/twinpig-biolab)[**Kinish** $35M · Oct 2026](https://millionrounds.com/company/kinish)[**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)

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