# DAY1 LAB

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/day1-lab

- Industry: Materials
- Headquarters: Seoul, South Korea
- Website: http://day1-lab.com/
- Latest round: Seed (Apr 4, 2022)
- Investors on record: 2

## About

Based in Seoul, South Korea, and founded in 2021, by C EO Lee Ju-bong, DAY 1 LAB, aka Day One Lab, operates as a material manufacturing company that develops alternative plastic materials to reduce marine ecosystem destruction, global warming, and microplastics. In April 2022, DAY1 LAB raised seed funding from Smilegate Investment.

The Day One Lab creates an alternative plastic substance similar to biodegradable polymers that decompose in soil within 2 months and in the ocean within 7 days. The Day One Lab generates about 25 percent less greenhouse gases during production and processing than biodegradable plastics.

## Funding rounds

- Seed, Apr 4, 2022 — Smilegate Investment, Korea Tech Incubator for Startup
- Seed, Apr 4, 2022 — Smilegate Investment

## Investors

- Smilegate Investment (https://capitalatlas.ai/funds/smilegate-investment) — Seed
- Korea Tech Incubator for Startup — Seed