# Anpoly

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/anpoly

- Industry: Biopolymers
- Headquarters: Pohang, South Korea
- Website: www.anpolyinc.com
- Total disclosed funding: $13M
- Latest round: Series B (Aug 15, 2022)
- Investors on record: 8

## About

Based in Gyeongsangbuk-do, South Korea, and founded in 2017, Ayenpoli Co., Ltd., d.b.a. Anpoly operates as a biopolymer material manufacturer that develops new materials from discarded waste that can replace petrochemical-based plastics and various synthetic polymers through technologies, such as original material development technology, material application technology, and green process technology. In August 2022, Anpoly raised KRW 10.6 billion in a Series B funding from Korea Development Bank and Lotte Ventures, with participation from POSCO Capital and KB Securities. As of August 2022, Street Iron is the CEO of the company.

Ayenpoli provides nanocellulose like polycellu T-CNF hydrogel, polycellu T-CNF powder, and CNC (cellulose nanocrystal), which are biopolymer materials with a tensile elastic modulus similar to Kevlar used across lightweight composites, packaging materials, filtration, cosmetics, and medical biomaterials. The company also offers polychito nanochitin hydrogel, a non-toxic, biodegradable, and biocompatible biopolymer used in biomedical applications, including tissue supports, drug delivery, and wound dressing.

## Funding rounds

- Series B, Aug 15, 2022, $8.1M — Korea Development Bank, Posco Investment, KB Securities, Lotte Ventures
- Series A, Jun 29, 2021, $1.3M — Korea Development Bank, Impact Square
- Series A, Oct 28, 2020, $1.8M — Lotte Ventures
- Series A, Apr 19, 2020, $1.6M — Enlight Ventures
- Seed, May 1, 2019 — Korea Tech Incubator for Startup, POSTECH Holdings

## Investors

- Korea Tech Incubator for Startup — Seed
- POSTECH Holdings (https://capitalatlas.ai/funds/postech-holdings) — Seed
- Enlight Ventures (https://capitalatlas.ai/funds/enlight-ventures) — Series A
- Lotte Ventures (https://capitalatlas.ai/funds/lotte-ventures) — Series A, Series B
- Korea Development Bank (https://capitalatlas.ai/funds/korea-development-bank) — Series A, Series B
- Impact Square (https://capitalatlas.ai/funds/impact-square) — Series A
- Posco Investment (https://capitalatlas.ai/funds/posco-investment) — Series B
- KB Securities (https://capitalatlas.ai/funds/kb-securities) — Series B