The company was established in March 1991 as DongWoo Animation.

In 1998, it began to work directly with Sony Columbia TriStar (USA) and since 2002 has been a main source of overseas animation production for Warner Bros.

BASToF Lemon, the company's first original animation series, began its broadcast in 2001.

In January 2002, Dongwoo opened its Los Angeles Office.

In April 2004, Dongwoo opened its Gangwon office.