QSTEM raises $1.5M in seed funding for its hiPSC-based hair loss solution, led by Futureplay and supported by multiple investors.
Amount Raised
$1.5 Million
Round Type
Seed
South KoreaBiotechnologyHealth CareFashionInvestors
Description
QSTEM, a Korean biotech startup, has closed a $1.5 million seed round to tackle hair loss using hiPSC technology. The funding will help refine their ingredient platform and support product development. CEO Kiwon Ban emphasized the importance of grounded research in their solutions. The company aims to launch functional cosmetics and expand its offerings in the future.
Quick answer
QSTEM raised $1.5 Million in a Seed round, dated February 20, 2026. Investors: Mashup Ventures, Hallym University Technology Holdings, AI Angel Club and Futureplay. QSTEM is based in South Korea.
- How much did QSTEM raise?
- QSTEM raised $1.5 Million in a Seed round on February 20, 2026.
- Who invested in QSTEM?
- Mashup Ventures, Hallym University Technology Holdings, AI Angel Club and Futureplay are named as investors in this round.
- What does QSTEM do?
- QSTEM is a Korean biotech startup focused on developing solutions for hair loss using human induced pluripotent stem cell (hiPSC) technology.
- Where is QSTEM based and how big is it?
- QSTEM is based in South Korea.
Source: Fundz verified event record.
Who else raised in Fashion and Biotechnology around the same time
Companies in the same sectors as QSTEM that raised within 45 days of this round, from Fundz verified event records.
- Novabay raised $134M on January 16, 2026.
- CosmoInnovations raised $3.5M (Seed) on April 3, 2026.
- Shanghai StairMed Technology Ltd raised $78M (Funding Round) on April 2, 2026.
- Bond Biosciences raised $5.3M on April 1, 2026.
- Bond Biosciences raised $5.9M on April 1, 2026.
- Denali Therapeutics raised $200M (Debt Financing) on March 31, 2026.
Who to call at QSTEM, and when
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