• Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • FinTech
    • Gadgets & Electronics
    • Health & Bio
    • Manufacturing
    • IoT
    • Marketplaces & E-commerce
    • Robotics
    • Transportation & Logistics
    • Investments
    • Ecosystem & Lists
  • Interviews
  • Events
    • COMEUP
    • NextRise
    • Try Everything
  • Governments
    • Gyeonggido Business & Science Accelerator
    • Korea Creative Content Agency
    • Korea Internet & Security Agency
    • Korea Institute of Startup & Entrepreneurship Development
    • Korea Tourism Organization
    • Korea Trade-Investment Promotion Agency
    • Ministry of SMEs & Startups
    • National IT Industry Promotion Agency
    • Pangyo Techno Valley
    • Seoul Business Agency
    • Seoul FinTech Lab
    • South Gyeongsang Province
    • Seoul Metropolitan Government
  • Programs
    • Asan Voyager
    • CAPA Global Program
    • SGSC Global Bootcamp
    • LAUNCHPAD
    • COMEUP STARS 120
    • K-Startup Grand Challenge
    • TIPS X beSUCCESS Global Project
    • SFL Global Program
    • KTO Global Showcase
    • Yonsei Univ Global Class
    • KOSME Global Program
  • Investment Opportunities
    • SGSC Demo Day
    • Launchpad France Demoday
    • TIPS Global Demoday
    • Launchpad USA Demoday
    • Launchpad Indonesia Demoday
  • Business Agencies
    • Accounting Firms
    • Ads & Marketing
    • Law Firms
  • Lists
  • Submit an Article
  • Profile
    • My Articles
    • Create your Startup Profile
    • My companies
    • My Saved Deals
    • Logout
KoreaTechDesk
No Result
View All Result
KoreaTechDesk | Korean Startup and Technology News
No Result
View All Result
Home Health & Bio

Medical AI startup Lunit makes KOSDAQ debut with 28.7% surge in stock price

KoreaTechDesk Writer by KoreaTechDesk Writer
July 22, 2022
in Health & Bio
2
Lunit Ipo

Executives and guests of Lunit celebrating the Initial Public Offering at the Korean Exchange,

0
SHARES
11
VIEWS
Share on FacebookShare on Twitter

Korean startup Lunit, a global provider of AI-powered cancer solutions, made its stock market debut on the South Korean KOSDAQ under the ticker “A32813” on July 21.

Lunit’s initial public offering of 1,215,800 shares of its common stock was priced at KRW 30,000 (US$ 23) a piece. Shares closed at the upper limit price, KRW 40,000 (US$ 30.5), surging 29.87% in its debut.

Lunit expects to raise approximately KRW 36.4 billion (US$ 28 million). Lunit intends to use the proceeds for R&D of its new AI products and global market development.

Lunit Ipo
Brandon Suh, CEO of Lunit, beating a drum in celebration of the Initial Public Offering at the Korean Exchange

“I sincerely appreciate everyone who supported us through the entire IPO journey, especially our investors, stakeholders, and team Lunit,” said Brandon Suh, CEO of Lunit.

“The IPO itself is a remarkable accomplishment. But we will step forward towards our bigger goal of strengthening our technological innovation and business development and securing an unrivaled position in the market. We will also strive to optimize our stakeholders’ value. And above all, we will continue on our mission to conquer cancer through AI.”

Also Read, 

  • Lunit’s AI Cancer Screening System to be used at Southeast Asia’s largest hospital in Thailand
  • Lemon Healthcare to retry for IPO in 2023 after getting a $13 million Series C investment 
  • Korean startup Intake selling sustainable food alternatives to launch IPO in 2024
  • Zigbang attracts 100 billion won ($77 million) pre-IPO investment
What’s your thoughts?
+1
0
Upvote
+1
0
Clap
+1
0
Clap
+1
0
On fire
+1
0
Meh
+1
0
Clap
+1
0
Tags: AI-powered cancer solutionsIPOKosdaqListingLunitMarket price
Previous Post

Korean financial super app Toss operator Viva Republica attracts $228 million investment

Next Post

Korea adds 5 new unicorn startups in the first half of 2022; Total now 23  

Next Post
Unicorn startups

Korea adds 5 new unicorn startups in the first half of 2022; Total now 23  

Please login to join discussion
No Result
View All Result

Popular Posts

  • Unveiling Korean Startups’ Innovation and Investment Potential: Join Us at KOSME-beSUCCESS Showcase in USA!

    0 shares
    Share 0 Tweet 0
  • 10 K-Dramas to watch for some ‘money matters’

    0 shares
    Share 0 Tweet 0
  • Unlocking Investment Opportunities: KOSME-beSUCCESS’ Korean Startups Showcase in Riyadh Invites Investors 

    0 shares
    Share 0 Tweet 0
  • Hills Robotics, Distribution Robot Developer, Signs MoU with Indonesian Robot Company ‘Sari Teknologi’  

    0 shares
    Share 0 Tweet 0
  • Three Restaurant Apps to try out for a fine dining experience in South Korea  

    9 shares
    Share 9 Tweet 0
  • Unlocking Investment Opportunities: Explore Innovative Korean Startups at KOSME-beSUCCESS Showcase in Singapore

    0 shares
    Share 0 Tweet 0
  • Top Korean Dating apps that can help you make new connections in South Korea

    1 shares
    Share 0 Tweet 0
  • Pangyo Techno Valley: A Thriving Startup Hub in Korea

    0 shares
    Share 0 Tweet 0
  • Korean AI Startup Deeping Source Makes Strides in North American Market Expansion

    0 shares
    Share 0 Tweet 0
  • Korean Media Reports Disney Korea’s OTT Content Team Dissolves as Disney+ Struggles in Korean Market

    0 shares
    Share 0 Tweet 0
banner-sidebar




PRODUCTS

TESSAN Germany France Travel Power Adapter

Lonely Planet Korea 12

Korean Snack Box Variety Pack

OSULLOC Lovely Tea Gift Box Set

Topics

  • AI & Big Data
  • AR & VR
  • Blockchain
  • Clean Technology
  • Content & Games
  • Cybersecurity
  • Enterprise & SaaS
  • FinTech
  • Gadgets & Electronics
  • Health & Bio
  • IoT

Program

  • Asan Voyager
  • CAPA Global Program
  • SGSC Global Bootcamp
  • LAUNCHPAD
  • COMEUP STARS 120
  • K-Startup Grand Challenge
  • TIPS X beSUCCESS Global Project
  • SFL Global Program
  • KTO Global Showcase
  • Yonsei Univ Global Class
  • KOSME Global Program

FREE NEWSLETTER

Follow Us

Copyright © 2023 KoreaTechDesk | About Us | Our Services| Terms of Use |Privacy Policy |Cookie Policy Contact: [email protected] DMCA.com Protection Status

No Result
View All Result
  • Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • FinTech
    • Gadgets & Electronics
    • Health & Bio
    • Manufacturing
    • IoT
    • Marketplaces & E-commerce
    • Robotics
    • Transportation & Logistics
    • Investments
    • Ecosystem & Lists
  • Interviews
  • Events
    • COMEUP
    • NextRise
    • Try Everything
  • Governments
    • Gyeonggido Business & Science Accelerator
    • Korea Creative Content Agency
    • Korea Internet & Security Agency
    • Korea Institute of Startup & Entrepreneurship Development
    • Korea Tourism Organization
    • Korea Trade-Investment Promotion Agency
    • Ministry of SMEs & Startups
    • National IT Industry Promotion Agency
    • Pangyo Techno Valley
    • Seoul Business Agency
    • Seoul FinTech Lab
    • South Gyeongsang Province
    • Seoul Metropolitan Government
  • Programs
    • Asan Voyager
    • CAPA Global Program
    • LAUNCHPAD
    • COMEUP STARS 120
    • K-Startup Grand Challenge
    • TIPS X beSUCCESS Global Project
    • SFL Global Program
    • KTO Global Showcase
    • Yonsei Univ Global Class
    • KOSME Global Program
  • Investment Opportunities
    • Launchpad France Demoday
    • TIPS Global Demoday
    • Launchpad USA Demoday
    • Launchpad Indonesia Demoday
  • Business Agencies
    • Accounting Firms
    • Ads & Marketing
    • Law Firms
  • Lists
  • Submit an Article
  • Profile
  • My Articles
  • Create your Startup Profile
  • My companies
  • My Saved Deals
  • Logout

Copyright © 2023 KoreaTechDesk | About Us | Our Services| Terms of Use |Privacy Policy |Cookie Policy Contact: [email protected] DMCA.com Protection Status

Our Spring Sale Has Started

You can see how this popup was set up in our step-by-step guide: https://wppopupmaker.com/guides/auto-opening-announcement-popups/

Our Spring Sale Has Started

You can see how this popup was set up in our step-by-step guide: https://wppopupmaker.com/guides/auto-opening-announcement-popups/

We hope you enjoy our content, May you please give us Feedback regarding our website!

Single Post Feedback

dgdfgfdgdf

What you think about Koreatechdesk, Share your idea with us!

feedback popup

Invitation submission has been closed

Insert/edit link

Enter the destination URL

Or link to existing content

    No search term specified. Showing recent items. Search or use up and down arrow keys to select an item.