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DOF
Regenerative healthcare platform for human tissue implants
About DOF
DOF Inc., founded in April 2015 by CEO Shin Yong-woo, is a biotechnology company specializing in biomaterials for regenerative healthcare. The company addresses the demand for human transplant tissues by developing products using a proprietary supercritical fluid technology. This technology uses carbon dioxide for a non-toxic decellularization process to create safe human tissue-based implants.
The company operates a tissue bank, certified by the Ministry of Food and Drug Safety, which can process and distribute 11 types of tissues, including skin, bone, cartilage, and nerves. Its primary products include 'SC DERM', an acellular allogeneic skin for breast reconstruction and treating burns; 'SC CONNECT' for peripheral nerve regeneration; and 'SC FILL', a filler variant of their skin graft product. DOF Inc. primarily serves hospitals and medical professionals, supplying them with these sterile, ready-to-use tissues. The company's business model is centered on the production and sale of these advanced biomaterials and medical devices, having obtained GMP (Good Manufacturing Practice) certification to ensure product quality for both domestic and international markets.
Initially started to combat the reliance on imported transplant tissues in South Korea, DOF Inc. has combined nanotechnology and biotechnology to become a key domestic supplier. The company has successfully completed over 1,500 procedures with its acellular dermal tissue with no reported side effects. The company employs 41 people, including a research and development team of 16 individuals.
Source: Dealroom company dataKnowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES B✓Equity / VC | Jul 2023 | $25M | $99M | Undisclosed | ↗ |
Growth signals
Latest recorded traffic for DOF is 3.8K monthly website visits, down 11.6% over the last three months. DOF's team grew 75% over the past year.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Other known investors2 additional known investors
HB Investment- WCWin Bridge Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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