Top 9 Recycling startups in South Korea

Updated: February 24, 2024

1
Funding: $205M
Danggeun Market develops an online secondhand marketplace that connects buyers and sellers within a neighborhood.
2
Funding: ₩43B
SuperBin’s recycling solutions include a reverse vending machine called Nephron, a waste supermarket where people can purchase recycled products, and a logistics chain for recyclable items.
3
Funding: $19.4M
Ecube Labs develops smart waste management solutions and remote monitoring tools. Its line of products include solar-powered waste compacting bins, ultrasonic fill-level sensors that can be fitted to any type of container, and a data and predictive analytic clean city platform.
4
Funding: ₩13B
Mycel Project develops and manufactures a wide range of mushroom-based biomaterials that can be used to substitute leather and flesh.
5
Funding: ₩2.8B
Innerbottle provides an innovative containing solution ensuring zero waste and sustainable environment. Since a unified container with only plastic materials is collected and recycled through a dedicated system, plastic resources can be quickly and completely recycled 100%.
6
Funding: ₩50M
Oysterable’s smart IoT recycling solutions involve smart waste collection and mobile applications for local governments and businesses. The smart waste collection solution allows people to participate in the recycling process and get numerous rewards through their smart IoT recycling bin.
7
ANPOLY manufactures biopolymers ― nanocellulose and nanochitin from pulp and crab shell ― and sells them to manufacturers of plastic goods.
8
ATKO Planning produces eco-friendly leather with its unique recycling technology
9
EAPS provides disposal for plastic bottles.