GS Global
GS Tower, 508, Nonhyeon-ro, Seoul, Gangnam-gu, 06141, South Korea
Overview
GS Global is a power producer that generates and provides electricity from clean fuels, natural gas and bio-energy and fuel cell power plan.
- Total investments
- 2
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Chemical
- Energy
- Power Grid
- Trade Shows
Investment portfolio
- Portlogics
Led · Series A · Feb 2023
Portlogics provides a web-based trade order and freight management system that automates forwarding workflows (using robotic process automation) to digitize the manual, email-based international shipping process. Its platform supports shipments by sea, road, and rail and gives merchants status updates and cost estimates. More than 26 companies, including large logistics firms and shippers such as GS Global and Hyundai Bioland, use Portlogics’ software. The startup has 19 employees (six in R&D) and recently raised $1.6 million (2 billion won) in pre-Series A funding. Portlogics will use the capital to further develop its platform, hire additional staff, and introduce AI/ML models to better estimate e-booking and shipping costs. It is also in talks with B2B SaaS security firms to strengthen customer and internal data security. The company currently focuses on South Korea but plans to open offices in Southeast Asia and the U.S. after 2024.
- ReCarbon
Participated · Series B · Jan 2022
ReCarbon is a Santa Clara, Calif.-based developer of a greenhouse gas utilization technology platform. Led by Founder and CEO Dr. Jay Kim, the company is an energy and chemicals firm that recycles greenhouse gases into valuable energy and decarbonized products. Its technology produces hydrogen and syngas from greenhouse gas feedstocks. ReCarbon closed a USD25M Series B-1 funding round. Backers included POSCO and GS Holdings Corporation. ReCarbon develops a Plasma Carbon Conversion Unit (PCCU) platform and proprietary plasma generation systems that recycle industrial carbon emissions into industrial gases and other revenue-generating products. The company’s pilot plant in Daegu, South Korea, is capable of producing fuel-cell-grade hydrogen from landfill gas (LFG). ReCarbon is advancing a commercial plant in Tennessee in partnership with exclusive national LFG-to-renewable-hydrogen distributor H2Renewables, LLC, and is developing projects in Canada and Australia. The company is led by President and CEO Dr. Jay Kim. In March 2019 ReCarbon raised US$7m as part of a Series B funding. The investor named in the announcement was Doosan Mecatec Co., Ltd., a wholly owned subsidiary of the Doosan Group headquartered in Seoul, South Korea.
Team
No current team members are available.