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ExoCoBio

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Developing innovative therapeutics as well as cosmetic products based on stem cell-derived exosomes

Seoul, South KoreaFounded 2017Biotech & Life Sciences
Valuation $100–250M Last recorded · 2020
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About ExoCoBio

ExoCoBio, Inc. operates as a biopharmaceutical company with a focus on exosome-based technologies for aesthetic and therapeutic applications. Founded in 2017 by Byong Cho, the company has positioned itself at the forefront of the regenerative aesthetics market. Cho's background includes a Ph.D. in Molecular Biology from the University of Illinois at Urbana-Champaign and extensive experience in the pharmaceutical industry, including roles at Takeda Pharmaceutical and Green Cross Corp. This deep scientific and corporate expertise has been pivotal in guiding ExoCoBio's strategic direction and research initiatives.

The company's core business revolves around the research, development, and commercialization of exosomes, which are nanoscale vesicles secreted by cells that play a crucial role in cell-to-cell communication. ExoCoBio has developed a proprietary technology called ExoSCRT™, which is designed to isolate and purify high-quality exosomes from stem cells. This technology underpins their product lines, which are primarily aimed at the cosmetic and dermatological markets. The business model appears to be centered on selling these exosome-based products to professionals in the aesthetics field, such as dermatology clinics and skincare specialists.

ExoCoBio's product portfolio includes several lines, such as ASCE+, EXO'V E, and Celltrix. The ASCE+ line, for instance, offers lyophilized exosomes intended for skin rejuvenation, demonstrating benefits such as inflammation relief, skin barrier improvement, and collagen synthesis stimulation. These products are marketed for professional use, leveraging the regenerative capabilities of exosomes to address various skin concerns. The company has also expanded into the biopharmaceutical space, exploring therapeutic applications for exosomes in treating conditions like atopic dermatitis and inflammatory diseases, with some candidates entering preclinical stages. To support its global reach, ExoCoBio has established a significant international presence, exporting its aesthetic products to over 70 countries and setting up subsidiaries in markets like Japan and Indonesia.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2017
Headquarters
Seoul, South Korea
Employees
28
Open positions
None listed
Dealroom signal
81.5/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Biotech and Pharma, Hard Tech, DT and LS, science-based
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES C✓Equity / VC Aug 2020 $9.3M $135M Knotus · SBI Investment Korea · DT&Investment · Focus Assets Management —
SERIES B✓Equity / VC Sep 2018 $27M $108M K2 Investment Partners · Korea Development Bank · InterVest · Seven Tree Equity Partners —
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Growth signals

ExoCoBio website traffic

Latest recorded traffic for ExoCoBio is 23K monthly website visits, down 25.8% over the last three months. ExoCoBio's team grew 12% over the past year.

Latest monthly visits23K 3-month web change-25.8% 1-year team growth+12%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

15 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A9 investors entered at this stage

  • Atinum Investment
  • SBI Investment
  • K2 Investment Partners
  • Korea Development Bank
  • InterVest
  • Seven Tree Equity Partners
  • GU Equity Partners
  • Quantum Venture Partners
  • TS investment

Series B and later5 investors entered at this stage

  • Knotus
  • SBI Investment Korea
  • DT&Investment
  • Focus Assets Management
  • G.N. Tech Venture

Other known investors1 additional known investor

  • Quantum Ventures Korea
Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
5 countries with
team presence
🇰🇷 South Korea61.5%
🇧🇷 Brazil15.4%
🇻🇳 Vietnam7.7%
🇱🇺 Luxembourg7.7%
🇱🇧 Lebanon7.7%
5 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about ExoCoBio on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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