# Blue Magnet

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/blue-magnet

- Industry: Power & Utilities
- Headquarters: Ulsan, South Korea
- Latest round: Seed (Jun 8, 2026)
- Investors on record: 1

## About

Based in Ulsan, South Korea, and founded in 2024, Blue Magnet operates as an environmental technology company that develops a method for treating radioactive liquid waste generated during the operation of nuclear power plants. In June 2026, Blue Magnet raised seed funding from KAIST Ventures.
BlueMagnet develops advanced material platforms designed for the treatment of radioactive liquid waste generated by nuclear power plants. Its technology includes a magnetically functional material platform that enables the removal of radionuclides such as cesium, strontium, and cobalt from liquid waste streams. The company’s platform integrates selective adsorption and magnetic recovery capabilities, allowing contaminants to be extracted and separated using external magnetic fields.
The company plans to use the June 2026 funding to accelerate domestic nuclear power plant demonstration projects and pursue commercialization in overseas markets.

## Funding rounds

- Seed, Jun 8, 2026 — KAIST Ventures

## Investors

- KAIST Ventures (https://capitalatlas.ai/funds/kaist-ventures) — Seed