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Reco

recokr.com

Founded Year

2018

Stage

Bridge | Alive

Total Raised

$24.27M

Last Raised

$11M | 2 mos ago

About Reco

Reco is a resource recycling company. It offers services such as waste discharge management, waste collection transport, automated task management, resource circulation, and more. It was founded in 2018 and is based in Chungcheongnam-do, South Korea.

Headquarters Location

1032-1, Gwangcheon-ri, Deoksan-myeon Yesan-gun

Chungcheongnam-do,

South Korea

+82 070-4616-5555

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ESPs containing Reco

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Consumer & Retail / Food & Grocery Tech

Companies in this market provide smart packaging, equipment, and other hardware solutions to monitor food freshness and prevent waste.

Reco named as Highflier among 4 other companies, including AMP Robotics, TripleW, and Phood.

Missing: Reco's Product & Differentiators

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Expert Collections containing Reco

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Reco is included in 2 Expert Collections, including Smart Cities.

S

Smart Cities

4,527 items

F

Food Waste

341 items

Startups that help tackle food waste along the food value chain. Includes solutions that help resell or repurpose food waste.

Reco Patents

Reco has filed 20 patents.

The 3 most popular patent topics include:

  • Display devices
  • 3D imaging
  • Automotive engineering
patents chart

Application Date

Grant Date

Title

Related Topics

Status

2/5/2021

10/18/2022

Electronics manufacturing, Semiconductor device fabrication, Electronic design automation, Integrated circuits, Display devices

Grant

Application Date

2/5/2021

Grant Date

10/18/2022

Title

Related Topics

Electronics manufacturing, Semiconductor device fabrication, Electronic design automation, Integrated circuits, Display devices

Status

Grant

Latest Reco News

S.Korea's waste recycler ReCo lands $11.8 million in investment

Jan 25, 2023

S.Korea's waste recycler ReCo lands $11.8 million in investment The operator of the trash handling service UpBox attracts a combined $24.3 million in a Series B bridge round By South Korea's startup ReCo, which runs the comprehensive waste collection and transportation service UpBox, on Wednesday said it attracted Series B investment of 14.5 billion won ($11.8 million) in a bridge round. In the bridge round, investors GS and Envisioning Partners took part as follow-up investors and CAC Partners and Industrial Bank of Korea as new investors. ReCo's accumulated investment exceeded 30 billion won. ReCo plans to use the funds to upgrade UpBox, its waste management service exclusively for business sites. The service offers waste consulting for each site and handles resource recovery so that separate discharge common in households is smoothly conducted at places of business. UpBox has an estimated 3,000 customers. The new investment will go to developing services for optimal circulation of waste resources by industry and business size. ReCo will also boost its waste management software UpBox Cloud. Formerly for customers only, the software will be expanded for use as a comprehensive platform for resource circulation covering the entire waste value chain including emitters, transporters and handlers. Write to Lan Heo at why@hankyung.com 1 Min read 2 Min read 1 Min read

Reco Frequently Asked Questions (FAQ)

  • When was Reco founded?

    Reco was founded in 2018.

  • Where is Reco's headquarters?

    Reco's headquarters is located at 1032-1, Gwangcheon-ri, Deoksan-myeon, Chungcheongnam-do.

  • What is Reco's latest funding round?

    Reco's latest funding round is Bridge.

  • How much did Reco raise?

    Reco raised a total of $24.27M.

  • Who are the investors of Reco?

    Investors of Reco include Envisioning Partners, GS Group, CAC Asset Management, Industrial Bank of Korea, D3 Jubilee Partners and 7 more.

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