The Daejeon Creative Economy Innovation Center announced on the 14th that it invested 100 million won in bio-based technology startup Miracles through the 'Daejeon-People Deep Tech Startup Fund No. 1' jointly operated with People Investment.
Miracles, a company with a pharmacist background, develops functional ingredients and inner beauty products. It is participating in the 6th Social Impact Changers program, a program fostered by the Daejeon Innovation Center. The company has developed products that utilize delivery technology to enhance the absorption of functional ingredients, and through its brand, Avelab, it has generated over 4 billion won in sales this year.
With this TIPS selection, Miracles plans to advance its proprietary platform technology, the "Trizomal Delivery System." This technology, a nano-delivery platform that overcomes the limitations of existing liposome technology and enhances the absorption rate, stability, and durability of functional ingredients, has potential applications in diverse fields, including health functional foods, inner beauty products, and cosmetics.
Miracles is developing high-functionality inner beauty products using Trizomal technology, demonstrating results in improved bioavailability, long-term sustained release, and simultaneous multi-ingredient loading. Furthermore, the company is accelerating technology commercialization by expanding its B2B and OEM businesses beyond B2C.
CEO Oh Joo-heon expressed his commitment to becoming a technology-based platform company, stating that he would lead the global standard by validating and commercializing technology through TIPS. Kim Seong-tae, head of the investment association, praised Miracles' potential for global technology exports, stating that the company possesses both expertise and marketability.
Meanwhile, Miracles has completed initial exports to Southeast Asia and conducted global distribution network testing, and is currently preparing for FDA and EFSA certification procedures for expansion into the US, Japan, and Europe. Furthermore, the company is strengthening its market competitiveness by expanding its direct-to-consumer (D2C) channel and collaborating with global OEMs and ODMs.
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