# M.O.P Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/m-o-p-co

- Industry: Materials
- Headquarters: Seoul, South Korea
- Website: www.mopmaterials.com
- Total disclosed funding: $9.2M
- Latest round: Series B (Dec 13, 2023)
- Investors on record: 9

## About

Based in Seoul, South Korea, and founded in 2017 by co-founders Hyungil Choi, Dohyun Kim, and Jinho Oh, M.O.P. Co., Ltd. is a developer of biological systems for medical or therapeutic purposes, such as treating, augmenting, repairing, or replacing a tissue function of the body. In December 2023, M.O.P Co., Ltd. raised KRW 10.8 billion in series B funding from new investors Korea Development Bank, Industrial Bank of Korea, Korea SMEs and Startups Agency, SKS, and KB Securities. The company will use the funding to expand its facilities and recruit key personnels.
 
The company offers additive manufacturing systems for dental and medical purposes. The business produces highly precise dental prostheses and artificial teeth with dimensions up to 70 metres using the M.O.P.'s liquid ceramic process (LCP). The procedure assists in overcoming the drawbacks of traditional production technologies like subtractive milling or injection moulding. MOP offers advanced ceramic materials used in the manufacturing of electronic products, such as semiconductors, displays for smartphones, computers, televisions, automotive electronics, and medical devices.

## Funding rounds

- Series B, Dec 13, 2023, $8.3M — Korea Development Bank, Korea SMEs and Startups Agency, SKS, Industrial Bank of Korea, KB Securities
- Series A, May 3, 2021, $0.9M — IBK Capital, EcoPro BM Co., Ltd, SB Partners, Ecopro Partners

## Investors

- IBK Capital (https://capitalatlas.ai/funds/ibk-capital) — Series A
- EcoPro BM Co., Ltd — Series A
- SB Partners — Series A
- Ecopro Partners (https://capitalatlas.ai/funds/ecopro-partners) — Series A
- Korea Development Bank (https://capitalatlas.ai/funds/korea-development-bank) — Series B
- Korea SMEs and Startups Agency — Series B
- SKS (https://capitalatlas.ai/funds/sks) — Series B
- Industrial Bank of Korea — Series B
- KB Securities (https://capitalatlas.ai/funds/kb-securities) — Series B