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DOF Robotics completes IPO, raises over $40m

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DOF Robotics IPO

The milestone marks a significant step forward in the company’s growth journey as it continues to expand R&D projects

DOF Robotics, an award-winning producer of immersive simulation attractions, robotic systems, games, and CGI content, has completed its Initial Public Offering (IPO) on Borsa Istanbul (BIST, DOFRB), raising over $40 million, which represents 29% of the company’s current value, amid strong investor demand.

The IPO marks a key strategic move in DOF Robotics’ path to sustainable growth, enabling significant investment in high-value projects, boosting production capacity, and driving expansion into new markets.

Reaching this milestone marks a significant step forward in DOF Robotics’ growth journey, with plans to focus on expanding R&D projects, global offices and warehouses, sustainable production facilities, and the development of cutting-edge content. 

DOF Robotics Hurricane

With 19 years of expertise, the company exports to over 60 countries across six continents, providing award-winning simulators and immersive experiences to some of the world’s most visited theme parks and locations.

Strategic partnerships include Marvel, Angry Birds, Hasbro, and Monster Jam, creating significant value in the amusement industry. 

Worldwide accolades

DOF Robotics has built a reputation for excellence worldwide, consistently earning international recognition for its achievements. The company was ranked among the fastest-growing technology firms in Europe, the Middle East, and Africa in the Deloitte EMEA Technology Fast 500 for 2024. 

DOF FlyingTheater

Further emphasising its growth trajectory, DOF Robotics was also featured in the Deloitte Turkey Technology Fast 50 for both 2023 and 2024, where it was honoured with the title of Fastest-Growing Technology Exporter. The company’s innovative spirit and industry leadership have also been celebrated with four IAAPA Brass Ring Awards, including the Best New Product distinction.

Other accolades include the CES Innovation Award in Las Vegas and the Turkish Exporters Assembly (TIM) Innovation Strategy Award.

With almost 30% of its revenue invested in R&D, an in-house team of over 40 engineers and designers, and a portfolio of globally recognised projects, including flying theatres in Mexico and walking dark ride attractions in Istanbul’s Çamlıca Tower, DOF Robotics is shaping the future of immersive entertainment.

See also: DOF Robotics: innovating for the future of LBE attractions

DOF Studio

As part of its DOF Studio, the company is preparing to launch an array of exclusive new content. Among the upcoming releases is Phantom City, a cinematic, high-speed adventure that will make its world premiere at IAAPA Expo Europe 2025. This attraction promises to combine storytelling with DOF’s state-of-the-art simulator technology.

BAKIT BAYDALIEV DOf Robotics IPO ceremony

Another highlight is The Smurfs: Gargamel Tower, a family-friendly quest where the iconic blue characters embark on a showdown against their infamous rival. Additionally, Dog Fight offers an aviation battle experience, placing guests directly in the cockpit of fighter jets, while Guardian Challenge presents a mission that combines elements of disaster response, planetary defence, and education, all while providing edge-of-your-seat excitement.

Each of these titles demonstrates DOF Studio’s commitment to blending cinematic storytelling, immersive design, and multisensory technology, ensuring that every experience is unforgettable and embodies the company’s motto: where imagination takes flight.

The DOF Robotics team will exhibit at IAAPA Expo Europe 2025 next week, taking place in Barcelona, Spain, from 22 – 26 September.

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charlotte coates

Charlotte Coates

Charlotte Coates is blooloop's editor. She is from Brighton, UK and previously worked as a librarian. She has a strong interest in arts, culture and information and graduated from the University of Sussex with a degree in English Literature. Charlotte can usually be found either with her head in a book or planning her next travel adventure.

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