The Venture Codex Logo

The Venture Codex

Mediwhale

4F, 746 Nonhyeon-ro, Gangnam-gu, Seoul, 06049, South Korea

Overview

Mediwhale develops AI-driven retinal imaging analysis tools that predict cardiovascular risk from a single eye image, marketed under names including Dr. Noon CVD. The company is focused on commercializing those AI biomarkers and expanding partnerships with imaging hardware vendors such as iCare. Mediwhale is actively pursuing FDA De Novo clearance to access the U.S. market and has publicly stated plans to prepare for a public listing, targeting KOSDAQ in 2027 while positioning for a broader U.S. listing narrative. Financially, the firm has raised roughly ₩51.2 billion (about $34M) to date, most recently securing ₩20 billion in a Series C. The company emphasizes scaling global commercialization and regulatory readiness as near-term priorities.

Total raised
$35M
Funding rounds
3
Latest round
Series C
Latest activity
Apr 2026

Industries

  • Artificial Intelligence (AI)
  • Health Care
  • Medical
  • Medical Device
  • Software
Visit website

Recent funding

  1. Series C

    Apr 2026

    $14M

  2. Series A

    Sep 2024

    $12M

  3. Series A

    Apr 2023

    $9M

Team