Top 14 Recycling startups in South Korea

Oct 07, 2024 | By Marjana Bačić

1
Funding: $205M
Danggeun Market develops an online secondhand marketplace that connects buyers and sellers within a neighborhood.
2
Funding: ₩58.5B
LDCarbon Co. is a manufacture of green carbon black, pyrolysis oil, and waste tire powder.
3
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.
4
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.
5
Funding: ₩13B
Mycel Project develops and manufactures a wide range of mushroom-based biomaterials that can be used to substitute leather and flesh.
6
Funding: ₩10.5B
Terracle is a company that manufactures raw materials from plastic trash and recycling.
7
Funding: $5.4M
World's first company to install and operate a direct battery recycling plant with an annual processing capacity of 20 tons that produces remanufactured cathode and anode materials.
8
Funding: ₩4B
Kinava developing organic waste into renewable energy based on our own advanced technology through many experiments and research.
9
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%.
10
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.
11
ANPOLY manufactures biopolymers ― nanocellulose and nanochitin from pulp and crab shell ― and sells them to manufacturers of plastic goods.
12
ATKO Planning produces eco-friendly leather with its unique recycling technology
13
EAPS provides disposal for plastic bottles.
14
AETECH is a company that develops waste sorting AI robots ‘Atron’ and ‘RMRF (Robot Material Recovery Facility)’ to realize a smart city where robots sort waste.
Editor: Marjana Bačić
Marjana Bačić is a senior editor for RecyclingStartups. She has has more than 5 years experience covering the recycling industry. Marjana graduated from University of Belgrade, where she edited Recycling and Sustainable Development Journal. She has helped several non-profit organizations dedicated to promoting environmental education and sustainability. She also participates in beach clean-up initiatives and advocates for sustainable practices in local businesses. In her free time, Marjana enjoys hiking in the scenic Montenegrin countryside, practicing yoga for mindfulness, and experimenting with plant-based recipes in her kitchen. You can contact Marjana at marjanabacic(at)recyclingstartups(dot)com