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

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

Quick Summary:

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.

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.