BreezeBio closes $60M Series B | Feb 2026 GenEdit rebrands to BreezeBio | New chapter begins $644M Genentech deal | NanoGalaxy platform validated Forbes 30 Under 30 | Science, 2017 MIT Innovators Under 35 | Kunwoo Lee Siebel Scholar 2016 | UC Berkeley PhD BRZ-101 advancing to IND | Type 1 Diabetes program $118M+ total raised | Sequoia, Eli Lilly, and more BreezeBio closes $60M Series B | Feb 2026 GenEdit rebrands to BreezeBio | New chapter begins $644M Genentech deal | NanoGalaxy platform validated Forbes 30 Under 30 | Science, 2017 MIT Innovators Under 35 | Kunwoo Lee Siebel Scholar 2016 | UC Berkeley PhD BRZ-101 advancing to IND | Type 1 Diabetes program $118M+ total raised | Sequoia, Eli Lilly, and more
Kunwoo Lee, CEO and Co-founder of BreezeBio
CEO & Co-founder · BreezeBio
YesPress Profile

Kunwoo
Lee

"The man who looked at a virus and said: I'll build something better."

PhD · Bioengineering · BreezeBio · Formerly GenEdit

A decade before most biotech founders learn how to spell "polymer nanoparticle," Kunwoo Lee was engineering them in Jennifer Doudna's orbit at Berkeley. He graduated in 2016, co-founded GenEdit the same day, and has been running at clinical velocity ever since.

Gene Therapy NanoGalaxy Non-Viral CRISPR Delivery $118M Raised Forbes 30U30
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$118M+ Total Funding Raised
$644M Genentech Deal Value
12+ Patents Co-invented
2016 Company Founded

Mid-stride in the
gene therapy revolution

The problem with viruses is that they're too good at their job. They get into cells - but they also trigger immune responses, can only carry certain cargo, and once you've dosed a patient, you often can't do it again. Every gene therapy company built on viral vectors knows this. Kunwoo Lee knew it too. So he built a different kind of delivery machine.

Lee grew up in Korea, studied at KAIST, and arrived at UC Berkeley in the early 2010s to pursue a joint PhD in bioengineering with UCSF. He landed in Professor Niren Murthy's lab, focusing on macromolecular therapeutics - which is bioengineering shorthand for "how do you get big, complex molecules into cells without killing the patient." What followed was five years of polymer chemistry, nanoparticle synthesis, and the slow, painstaking construction of a delivery system that didn't need a biological chassis at all.

The timing was remarkable. Down the hall, Jennifer Doudna's lab was reworking the rules of molecular biology in real time. CRISPR was exploding from a bacterial curiosity into the most powerful gene editing tool in history. But cutting genes is only half the problem. You still have to get there. Lee's PhD research produced one of the first demonstrations of gold nanoparticles delivering CRISPR-Cas9 ribonucleoprotein complexes into living cells - a proof of concept that would become the intellectual foundation of everything that followed.

We've completed our transition from a delivery platform to a therapeutics company, and this financing allows us to advance our first internal programs toward the clinic while continuing to expand the reach of NanoGalaxy. - Kunwoo Lee, on BreezeBio's $60M Series B, February 2026

He graduated in 2016 with his PhD and a Siebel Scholarship and co-founded GenEdit the same year alongside Murthy and fellow graduate researcher Hyo Min (Huey) Park. The company's founding premise was both simple and audacious: what if you could build a library of thousands of synthetic polymers, screen them systematically using machine learning, and identify which ones could deliver genetic payloads to specific tissues - reliably, safely, and without touching the immune system? What if the delivery problem wasn't really a biology problem at all, but a chemistry-at-scale problem?

That library became NanoGalaxy. It now contains thousands of chemically distinct hydrophilic polymer nanoparticles (HNPs), each with different targeting properties, tissue tropisms, and cargo compatibility. The platform can deliver mRNA, DNA, CRISPR ribonucleoproteins, and proteins. It has been demonstrated in immune cells, heart tissue, lungs, and the central nervous system. The polymers are synthesized to be non-immunogenic - they don't trigger the inflammatory cascade that routinely derails viral approaches.

By 2017, Lee was on Forbes' 30 Under 30 list in Science. By 2018, GenEdit had closed an $8.5M seed round led by DCVC Bio, with Sequoia Capital already in the mix. The momentum was building, but quietly - the way biotech momentum always does when the science is genuinely hard.

Recognition

Forbes 30 Under 30 MIT Innovators Under 35 Siebel Scholar 2016 NIH TARGETED Winner 2023

Education

  • KAIST - B.S., Korea Advanced Institute of Science and Technology
  • UC Berkeley / UCSF - Ph.D., Bioengineering (2016). Research in Niren Murthy's lab on macromolecular delivery systems

BreezeBio (formerly GenEdit)

  • Founded: 2016
  • HQ: Brisbane, California
  • Employees: ~64
  • Stage: Series B
  • Focus: Precision genetic medicines via NanoGalaxy non-viral delivery
  • Lead Program: BRZ-101 (Type 1 Diabetes)
Field Note

NanoGalaxy's polymer library contains more chemical diversity than most pharmaceutical companies' entire compound collections. It was built combinatorially - not one polymer at a time, but thousands in parallel, screened and ranked by machine learning.

NanoGalaxy: The delivery machine pharma wanted

The pitch for NanoGalaxy sounds almost too clean: a platform that can deliver any genetic payload to any target tissue, re-doseably, without triggering the immune system, and at manufacturing scale. Every gene therapy investor has heard variations of this story. What's different here is that BreezeBio keeps closing deals that suggest it might actually be true.

The core insight is polymer chemistry as combinatorial science. Rather than designing a single optimal vehicle, Lee's team built a library of thousands of chemically distinct hydrophilic polymer nanoparticles. Screen enough of them against enough targets, and patterns emerge. Machine learning helps identify which chemical structures correlate with which tissue preferences. The result is a platform that can be tuned rather than reinvented for each new application.

The advantages compound. Non-viral HNPs don't carry pre-existing immunity - most adults have antibodies to common viral vectors from childhood exposures, which throttles efficacy on first dose and eliminates re-dosing. HNPs sidestep that entirely. They're also manufactured chemically, not biologically, which means GMP scale-up looks more like small-molecule pharma than viral vector manufacturing - theoretically more controllable, more consistent, more scalable.

GenEdit has demonstrated in this collaboration and in our own studies that the NanoGalaxy platform can overcome historic challenges in the field and achieve tissue-selective delivery of a broad range of genetic medicine cargos. - Kunwoo Lee, on the Genentech collaboration, 2024
🎯
Tissue Selectivity

Demonstrated delivery to immune cells, heart, lung, and CNS - each with distinct polymer formulations from the NanoGalaxy library

📦
Payload Flexibility

mRNA, DNA, CRISPR-Cas9 ribonucleoproteins, proteins - one platform architecture, multiple modalities

🔄
Re-dosing Capability

No pre-existing immunity issues. Patients can receive multiple doses without the immune interference that plagues viral approaches

🏭
Scalable Manufacturing

Chemical synthesis means GMP manufacturing looks like small-molecule pharma - more predictable than biological viral vector production

The deals that validated the platform

$644M
Genentech (Roche)
Multi-year collaboration for nanoparticle discovery for nucleic acid-based autoimmune treatments. $15M upfront + $629M in milestones. Signed 2024.
$57M
Sarepta Therapeutics
Near-term payments plus milestones and royalties for gene editing therapeutics in neuromuscular diseases. Announced February 2022.
Exclusive
Editas Medicine
Exclusive license and collaboration agreement for nanoparticle gene therapy delivery - bringing NanoGalaxy to Editas' CRISPR editing programs.
Context

The $644M Genentech deal came before BreezeBio filed its first IND. That's not unusual in biotech - platform deals often precede clinical programs. But the size of the deal signals how much Roche values access to non-viral delivery at a time when the field is searching for viral vector alternatives.

$118 million and counting

Funding Rounds

Series B (Feb 2026) $60M
Series A1 (Jan 2024) $24M
Series A (Sep 2021) $26M
Seed (2018) $8.5M

Key Investors

  • Sequoia Capital
  • Eli Lilly
  • DCVC Bio
  • SK Holdings
  • Bow Capital
  • Yuanta Investment (Series B co-lead)
  • DSC Investment (Series B co-lead)
  • KDB Silicon Valley
  • Mirae Asset Venture Investment
  • Korea Investment Partners

NIH Recognition

In December 2023, GenEdit was named Phase I winner of the NIH TARGETED Challenge for programmable delivery systems for gene editing - a federal validation of the NanoGalaxy approach.

From Berkeley lab to clinical stage

2016
Earned PhD from UC Berkeley-UCSF Joint Program in Bioengineering. Co-founded GenEdit with Professor Niren Murthy and Hyo Min Park. Named Siebel Scholar.
2017
Forbes 30 Under 30 - Science. MIT Innovators Under 35 honoree. GenEdit gains national attention as a non-viral delivery pioneer.
2018
GenEdit closes $8.5M Series Seed (DCVC Bio, Sequoia). Research team publishes landmark CRISPR study showing reduction of autism-related repetitive behaviors in mice.
2021
$26M Series A with Eli Lilly, Sequoia Capital, and a consortium of Korean investment funds. Presents at TIDES 2021 conference.
2022
Sarepta Therapeutics collaboration announced - $57M in near-term payments for gene editing therapeutics in neuromuscular diseases.
2023
NIH TARGETED Challenge Phase I winner for programmable delivery systems. GenEdit named among most promising gene editing platforms.
2024
$24M Series A1. $644M collaboration with Genentech signed. Exclusive license deal with Editas Medicine. BRZ-101 Type 1 Diabetes program advances.
2026
Company rebrands from GenEdit to BreezeBio. Closes $60M Series B. Declares transition to clinical-stage therapeutics company.

The rebrand from GenEdit to BreezeBio in February 2026 was more strategic statement than marketing exercise. "GenEdit" described what the technology could do. "BreezeBio" - coined alongside the $60M Series B - describes what the company has decided to become: a therapeutics developer with its own pipeline, not just a platform licensor.

The distinction matters. Platform companies sell access to their technology. Therapeutics companies own the drugs. The margins are different. The timelines are longer. The risk is higher. Lee is betting that after nearly a decade of building and licensing NanoGalaxy, the company now knows enough about which applications work best to develop some of them internally.

BRZ-101, the lead program, targets Type 1 Diabetes through an unusual mechanism: rather than suppressing the immune system broadly, it delivers mRNA encoding autoantigens to antigen-presenting cells, inducing regulatory T cells (Tregs) that restore immune tolerance. In preclinical studies in the NOD mouse model of diabetes, it worked. The question now is whether it works in humans - the most expensive question in medicine.

The Co-founders

GenEdit was founded by three people from the same Berkeley lab: Kunwoo Lee (CEO), Professor Niren Murthy (the academic co-founder whose lab generated the core IP), and Hyo Min (Huey) Park (a fellow graduate student who co-developed the polymer library). Academic spinouts built by the actual researchers who did the work tend to have stronger founder conviction about what the science can and can't do.

Kunwoo Lee in conversation

Mutation & Change - Finding Genius Podcast: Kunwoo Lee PhD, CEO & Co-founder of GenEdit on how gene editing can combat disease

Lee has appeared at major biotech conferences including PMWC (Precision Medicine World Conference) in San Francisco, TIDES USA on oligonucleotide and peptide therapeutics, and on the Finding Genius Podcast's "Mutation & Change" series, where he explained the NanoGalaxy platform and the broader potential of non-viral gene delivery.

His public communication style tends toward the technical and precise. He doesn't oversell. In a field where founder hype often outruns biology, that's a notable characteristic - and probably part of why large pharma partners like Genentech and Sarepta have trusted him with deals in the hundreds of millions.

Conference Appearances

  • PMWC 2025 - Precision Medicine World Conference, San Francisco
  • TIDES USA - Oligonucleotide and Peptide Therapeutics Conference
  • Finding Genius / FutureTech Podcast - "Mutation & Change" (2019)

Why the delivery problem is harder than editing

Every major advance in gene editing - CRISPR-Cas9, base editing, prime editing - faces the same downstream problem. You've built a molecular pair of scissors (or a pencil, or a search-and-replace function). Now how do you get it to the cell in a living patient, to exactly the tissue you want, without triggering an immune response, without off-target effects, and ideally more than once?

Viral vectors - primarily adeno-associated viruses (AAVs) - have been the dominant answer for a decade. They're extraordinarily efficient. They're also limited in cargo size, immunogenic on repeat dosing, expensive to manufacture at scale, and come with pre-existing immunity challenges in a large fraction of the population.

Lipid nanoparticles (LNPs), the technology behind COVID mRNA vaccines, solved some of these problems for mRNA but have their own tissue tropism limitations - they tend to accumulate in the liver, which is great for liver diseases and suboptimal for everything else.

NanoGalaxy sits in a third category: synthetic hydrophilic polymer nanoparticles. The polymer backbone is designed from the start to be non-immunogenic. The tissue selectivity comes from the polymer chemistry itself, not from lipid composition or biological targeting ligands. The combinatorial library approach means the platform can be explored, not just optimized - a genuinely different scientific philosophy.

vs. Viral Vectors (AAV)

No pre-existing immunity. Re-dosable. Not limited by insert size. No risk of insertional mutagenesis. Scalable chemical synthesis vs. biological manufacturing.

vs. Lipid Nanoparticles

Tissue selectivity beyond the liver. Hydrophilic polymers have different biodistribution profiles. Demonstrated delivery to heart, lung, CNS - not just hepatic applications.

The NanoGalaxy Approach

Combinatorial polymer library screened by machine learning. Thousands of candidates, not one optimized vehicle. Platform can be tuned for each application without full platform redesign.

Korean-American. Founder. Builder.

Kunwoo Lee is a member of the Council of Korean Americans, a network connecting Korean-American leaders across sectors. His trajectory - from KAIST in Korea to a Berkeley PhD to co-founding a company backed by Sequoia and Eli Lilly - reflects a generation of Korean and Korean-American scientists who trained in elite US programs and stayed to build.

The investor base for GenEdit's Series A in 2021 told a parallel story: alongside Sequoia and Eli Lilly sat KTB Network, Korea Investment Partners, Company K Partners, KB Investment, IMM Investment, and other Korean institutional investors. The Series A1 in 2024 deepened those ties. It's a pattern that suggests Lee has navigated both the US biotech ecosystem and the Korean investment community with deliberate fluency.

The GenEdit-to-BreezeBio rebrand in early 2026 was Kunwoo Lee's announcement that the platform phase is over and the product phase has begun. After nearly a decade of chemistry, combinatorial screening, partnership deals, and preclinical programs, the company has decided it knows enough to own its own drugs. BRZ-101 for Type 1 Diabetes is the first public declaration of that conviction - a bet that the same polymer nanoparticles that could help Genentech and Sarepta and Editas can also carry BreezeBio's own therapeutic vision into patients.

Affiliations

  • Council of Korean Americans (CKA) - Member since 2021
  • Sequoia Capital - Portfolio founder profile
  • GEDC (Global Engineering Deans Council) - Featured
  • PMWC Speaker - Precision Medicine World Conference

Fun Facts

  • His PhD lab at Berkeley was in the same building where Jennifer Doudna's team was pioneering CRISPR
  • NanoGalaxy contains more polymer diversity than most pharma companies' entire compound libraries
  • BRZ-101 for T1D works by re-educating the immune system, not suppressing it
  • The $644M Genentech deal came before BreezeBio filed its first IND
  • BreezeBio's polymers can carry mRNA, DNA, CRISPR, and proteins - same platform, four different drug modalities

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