Kainos Medicine, Inc. announced that it has received KRW 12.49997346 billion in funding from MAGNA Investment Co., Ltd., Axis Investment Co., Ltd., and other investors
On November 11, 2021, Kainos Medicine, Inc. closed the transaction. The transaction included participation from The Wells Urban Regeneration Investment Association which will acquire 561,797 shares, Korea Bio Unicorn Private Equity Joint Venture, Magna-Axis Tourism Venture Fund a fund managed by MAGNA Investment Co., Ltd. and Axis Investment Co., Ltd., MAGNA VITA Fund a fund managed by MAGNA Investment Co., Ltd., Samjong Kim,Kim, Chang-oh, Song, Yong-ok, Kwon, Sook-yong, Park, Ae-myung, Jin, young-dae, Lee, Kun-hwan, Choi, In-jae, Kwon, Hee-min, and Kwangjae Choi each acquiring 374,531 shares.