# CORN Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/corn-co

- Industry: Energy Storage & Batteries
- Headquarters: Daegu, South Korea
- Website: www.mycorn.co.kr
- Total disclosed funding: $2.3M
- Latest round: Series A (Dec 29, 2023)
- Investors on record: 1

## About

Based in Daegu, South Korea, and founded in 2015, CORN Co., Ltd. operates as an energy storage company specializing in battery solutions. In December 2023, the firm raised KRW 3 billion in series A funding led by investor Albatross Investment.

The company engages in battery pack systems and lithium-ion battery manufacturing, technology, equipment, and re-use and recycling businesses. The battery pack system of the firm has applications in drones and 2-wheelers and bicycles, robotics, electric vehicles, etc. Under lithium-ion battery technology transfer and equipment services, CORN offers custom solutions for lithium secondary batteries and all-solid-state batteries. The firm also manufactures secondary battery electrode processing equipment for recycling and reusing waste batteries.

The company plans to utilize the December 2023 funding to expand its business area into recycling and reusing waste batteries.

## Funding rounds

- Series A, Dec 29, 2023, $2.3M — Albatross Investment

## Investors

- Albatross Investment (https://capitalatlas.ai/funds/albatross-investment) — Series A