'Green Bio Material' K-BioGateway Secures 1.2 Billion Won in Seed Funding

K-BioGateway, a green bio functional material startup, has secured around 1.2 billion won in seed funding.

On September 21, a K-BioGateway representative stated, "This round was led by Korea Technology Finance Corporation, with participation from Bluepoint Partners and Y&Archer." The specific corporate valuation was not disclosed.

Founded last year, K-BioGateway is engaged in the research and development of functional ingredients that support healthy and beautiful aging. Notably, DH24 is a functional probiotic aimed at reducing body fat, discovered by K-BioGateway CEO Kyungwon Cho, who previously developed several hit products including Lactofit. DH24 is a functional strain targeting both body fat reduction and anti-inflammatory metabolism. The company also operates the 'Diet Helper 24' brand, utilizing this strain.

K-BioGateway has been selected for TIPS, the technology startup support program by the Ministry of SMEs and Startups, and has secured a total of 2.4 billion won in support through government R&D and startup assistance projects. The newly raised funds will be used for DH24-based product R&D, expanding production capacity, and advancing global clinical trials and regulatory approvals.

CEO Kyungwon Cho stated, "Based on this investment, we will further advance DH24's R&D and commercialization, and accelerate our entry into the global market."

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