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Illimis secures $42 million in Series B funding to advance GAIA-based Alzheimer’s therapies.

PRIVATEJul 14, 2025

Amount Raised

$42 Million

Round Type

Series B

SeoulBiotechnologyHealth CareTherapeutics

Investors

Dayli PartnersGS VenturesQuad Asset ManagementKorea Development BankWoori Venture Partners

Description

Illimis has successfully raised $42 million in a Series B funding round to advance its efforts in developing therapeutics for Alzheimer’s disease. The funding will support Illimis in furthering research and development of its GAIA-based therapies. This investment marks a significant step for the company as it works toward creating innovative solutions for Alzheimer's disease.

Quick answer

Illimis Therapeutics raised $42 Million in a Series B round, dated July 14, 2025. Investors: Dayli Partners, GS Ventures, Quad Asset Management, Korea Development Bank and Woori Venture Partners. Illimis Therapeutics is based in Seoul, Seoul, South Korea.

How much did Illimis Therapeutics raise?
Illimis Therapeutics raised $42 Million in a Series B round on July 14, 2025.
Who invested in Illimis Therapeutics?
Dayli Partners, GS Ventures, Quad Asset Management, Korea Development Bank and Woori Venture Partners are named as investors in this round.
What does Illimis Therapeutics do?
Illimis Therapeutics is a biotechnology company focused on developing therapeutics for CNS and immune diseases using its innovative GAIA platform.
Where is Illimis Therapeutics based and how big is it?
Illimis Therapeutics is based in Seoul, Seoul, South Korea. Fundz records about 20 employees.
Who are the decision-makers at Illimis Therapeutics?
Fundz holds 1 contact at Illimis Therapeutics. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Therapeutics and Biotechnology around the same time

Companies in the same sectors as Illimis Therapeutics that raised within 45 days of this round, from Fundz verified event records.

  • Immuneering raised $25M on August 26, 2025.
  • QurAlis raised $20M on August 21, 2025.
  • Calidi Biotherapeutics raised $6.9M (Post-IPO Equity) on August 21, 2025.
  • CILA Therapeutics raised an undisclosed amount (Grant) on August 15, 2025.
  • Eyestem raised $10M (Series B) on August 11, 2025.
  • Tevogen Inc. raised $1M (Funding Round) on August 7, 2025.

Who to call at Illimis Therapeutics, and when

A new round usually means Illimis Therapeutics is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Illimis Therapeutics

Location

Seoul, Seoul, South Korea

About

Illimis Therapeutics is a biotechnology company focused on developing therapeutics for CNS and immune diseases using its innovative GAIA platform. The company aims to create next-generation treatment options for neuro-immune diseases, addressing high unmet medical needs. Illimis actively engages in partnerships with global pharmaceutical companies and research institutions to enhance its drug development capabilities. It has secured various funding and collaborations to advance its research and development efforts.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Illimis Therapeutics raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.