# Green Mineral

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/green-mineral

- Industry: Environmental Services
- Headquarters: Seoul, South Korea
- Website: www.green-mineral.com
- Latest round: Seed (Jun 1, 2021)
- Investors on record: 1

## About

Based in Seoul, South Korea, and founded in 2020, Green Mineral Inc. operates as a lithium recycling company that uses 'Chlorella', a genetically engineered microalga, to biomineralize lithium. In July 2023, Green Mineral Inc. raised KRW 5 billion in venture funding from investors Mirae Asset Capital, GS Ventures, Daekyo Investment, D3 Jubilee Partners, and Capital One. 

The company offers a range of products that consist of GMCM-L1 (Green Mineral Chlorella Miner for Lithium v1), Li-BTS (Lithium Biomineralization Tank System), and Lithium Carbonate (Li2CO3). It employs advanced technologies to recycle metal waste, with a particular focus on lithium. The company has developed the GMCM-L1 line, which utilises Chlorella to extract lithium ions and generate lithium carbonate crystals from recycled battery waste. 

The company plans to use the July 2023 funding to scale up its chlorella-based lithium extraction activities.

## Funding rounds

- Seed, Jun 1, 2021 — POSTECH Holdings

## Investors

- POSTECH Holdings (https://capitalatlas.ai/funds/postech-holdings) — Seed