Participated · Series B · Aug 2020

Superbin operates Nephron, an AI-powered waste-recovery robot and service that analyzes, sorts and collects recyclable materials while providing cash rewards to users. Since 2018 the company has deployed about 160 Nephron units across roughly 40 municipalities and corporate customers. Following a ₩20 billion Series B that pushed its valuation past ₩100 billion, Superbin is expanding from collection into processing recycled plastics into industrial materials (r‑flake). The company plans to accelerate nationwide deployment with a 2nd‑generation Nephron market launch advanced to year-end and to upgrade its circular-resource logistics. It will build a smart factory to process selected plastic waste, begin pilot operations by year-end, and move to full-scale production in the second half of next year, with r‑flake supplied to petrochemical firms. Strategic partnerships with industrial investors are intended to secure downstream demand and support production of long fibers and apparel applications from recycled PET.

Led · Equity · Feb 2018

FleetUp is a Milpitas, CA-based provider of ELD/HOS compliance solutions for intelligent fleet management. The company offers a patented, FMCSA-compliant suite of GPS and ELD/compliance applications for the transportation industry. Its platform provides fleets and companies of all sizes with operational insight and actionable data to optimize vehicles and drivers. FleetUp is led operationally by co-founder and CTO Ezra Kwak. In February 2018 the company completed a $20M funding round led by HUMAX, which installed Albert Son, PhD, as FleetUp’s new CEO. The company says it will use the funds to expand its intelligent fleet management solution across the Americas and into international markets. FleetUp provides ELD/HOS compliance solutions and intelligent fleet management using telematics and GPS applications. The company applies big data technologies and offers a patented FMCSA-compliant suite of integrated fleet-management tools. Its solution is delivered as a Software-as-a-Service with hardware, cellular, and infrastructure costs bundled into the offering and a cloud-based data store. FleetUp provides mobile applications for both Android and iOS devices to support drivers and operations. Founded in 2013, the company plans to use new funding to accelerate product innovation and expand customer acquisition, customer support, operations, and go-to-market efforts. The company recently completed a $5M Series B financing to support these initiatives.