A-Bio Materials, a Seoul-based developer of exosome-derived biomaterials, has closed a Series C financing with strategic participation from Shinsegae International and the Shinsegae Group’s venture arm, SIGNITE, the company announced.
The investment is earmarked to accelerate the company’s move into higher-margin medical devices and to underpin a planned public listing on Korea’s KOSDAQ market.
Founded in 2020, A-Bio Materials designs and manufactures exosome and PDRN (polydeoxyribonucleotide) ingredients derived from a range of biological sources, including human cells, plants and microbes.
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