# AES Tech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aes-tech

- Industry: Renewable Energy
- Headquarters: Daejeon, South Korea
- Website: www.aestech.co.kr/
- Latest round: Seed (May 10, 2023)
- Investors on record: 1

## About

Based in Daejeon, South Korea, and founded in 2022, ASTECH, a.k.a. AES Tech is an eco-friendly energy technology company that focuses on producing high purity (3.99%) hydrogen to provide an alternative for companies that need to import hydrogen. In August 2025, AES Tech raised an undisclosed amount of pre-ICON funding from new investor Korea Credit Guarantee Fund. The company has developed an anhydrous liquefied ammonia electrolysis hydrogen extraction technology that produces high-purity (3.99%) hydrogen without generating nitrogen oxides (NOx) and at a lower cost than traditional hydrogen production methods. AES TECH plans to use its proceeds from July 2025 funding to further solidify its services and business.

## Funding rounds

- Seed, May 10, 2023 — Schmidt

## Investors

- Schmidt (https://capitalatlas.ai/funds/schmidt) — Seed