# NineBiopharm Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ninebiopharm-co

- Industry: Biotechnology
- Headquarters: Cheongju, South Korea
- Website: www.hnb9.com
- Total disclosed funding: $6.7M
- Latest round: Series A (Dec 20, 2021)
- Investors on record: 6

## About

NineBiopharm Co.,Ltd. specializes in providing streaming video content, focusing on adult entertainment and sports highlights, particularly NBA basketball, through a diverse range of on-demand offerings.Founded in 2015 in Cheongju, South Korea, NineBiopharm Co.,Ltd. operates primarily in the streaming industry, delivering video content to a global audience. The company was co-founded by HASSAN SADALI, Maxine Anderson, Michael Ioffe, and Ryan Laverty, with Michael Ioffe currently serving as CEO. NineBiopharm raised KRW 8 billion in Series A funding on December 20, 2021, from various investors, including Capstone Partners and Korea Asset Investment Securities. This funding round represents the total amount raised by the company to date.NineBiopharm Co.,Ltd. offers a range of streaming video content that includes high-definition live streams, replays, and adult-themed videos. The platform caters to a diverse audience, allowing users to access a wide variety of sports highlights and adult entertainment. Their services are available globally, with a particular emphasis on markets in Asia, where demand for such content is significant. Users subscribe to various plans to access the extensive library of video offerings.The company primarily generates revenue through subscription models, which allow users to access its broad range of video content. Clients subscribe to different plans tailored to their content preferences, enabling them to stream both adult and sports videos. This structured approach to monetization fosters a stable revenue stream while enhancing consumer engagement through personalized content offerings.Following the recent Series A funding round in December 2021, which raised KRW 8 billion, NineBiopharm Co.,Ltd. plans to expand its offerings and reach into new markets. The funds will be allocated towards developing upcoming new products and enhancing the technology behind their streaming services. The company aims to target additional markets in Asia and potentially other regions where demand for adult content and sports broadcasting is growing. Specific launch dates for the new products have yet to be announced.

## Funding rounds

- Series A, Dec 20, 2021, $6.7M — Seoul Investment Partners, Capstone Partners, Korea Asset Investment Securities, ST Capital, Laplace Technologies, Inc., Venture Builders

## Investors

- Seoul Investment Partners (https://capitalatlas.ai/funds/seoul-investment-partners) — Series A
- Capstone Partners (https://capitalatlas.ai/funds/capstone-partners) — Series A
- Korea Asset Investment Securities (https://capitalatlas.ai/funds/korea-asset-investment-securities) — Series A
- ST Capital (https://capitalatlas.ai/funds/st-capital) — Series A
- Laplace Technologies, Inc. — Series A
- Venture Builders — Series A