# Hannae

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

- Industry: Materials
- Headquarters: Dangjin, South Korea
- Website: www.hannae.co.kr
- Total disclosed funding: $13M
- Latest round: Series B (May 27, 2021)
- Investors on record: 6

## About

Founded in 2017 and based in Dangjin, South Korea, Hannae operates as a manufacturer of high-purity rare metals such as tungsten, vanadium, and titanium. In November 2021, Hannae raised KRW 9 billion in pre-IPO funding from investors ST Leaders Private Equity, DA Value Investment, and MC Partners. The firm develops and offers technology to separate and purify rare metals like tungsten, vanadium, and titanium from denitrification waste catalysts that are discarded after being used to produce high-purity raw materials.

## Funding rounds

- Series B, May 27, 2021, $9.6M — Korea Investment & Securities, Medici Investment, LS Securities, KB Securities, We Ventures
- Series A, Sep 17, 2020, $3.4M — Smilegate Investment

## Investors

- Smilegate Investment (https://capitalatlas.ai/funds/smilegate-investment) — Series A
- Korea Investment & Securities (https://capitalatlas.ai/funds/korea-investment-securities) — Series B
- Medici Investment (https://capitalatlas.ai/funds/medici-investment) — Series B
- LS Securities — Series B
- KB Securities (https://capitalatlas.ai/funds/kb-securities) — Series B
- We Ventures — Series B