Founded in 2020, the company builds AI waste-resource-sorting robot solutions aimed at automating recycling facilities. It focuses on replacing labor-intensive manual sorting, which the company says is unsustainable given employment shortages. To date it has secured more than 10 contracts and is expanding its business model toward unmanned waste sites. The firm has raised a cumulative 122억원 in funding, including a recent Series A. Using the new capital it plans to strengthen production capacity and build a robotic resource-recycling center in Incheon Seo-gu to produce high-purity r-PET and PET flakes. It will also invest in advancing material-analysis technology and cost-reduction R&D to further segment and optimize sorting operations, and targets an IPO in 2025.

Total raised

$0M

Funding rounds

1

Latest round

Series A

Latest activity

Nov 2023