# HN Novatech Co.

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

- Industry: Food
- Headquarters: Gumi-si, South Korea
- Website: www.hnnt.co.kr
- Total disclosed funding: $4M
- Latest round: Series A (Sep 13, 2023)
- Investors on record: 1

## About

Founded in 2020 and based in Gyeonggi-do, South Korea, HN Novatech Co., Ltd. operates as a food and beverage manufacturing company that offers packaged food derived from alternative raw materials. In July 2021, HN Novatech Co., Ltd. raised Pre-Series A funding from investor RE:VENTURES. In September 2023, HN Novatech Co., Ltd. raised USD 4 million in venture funding led by new investor Logan Ventures. As of May 2023, the company is being led by its CEO, Yanghee Kim.

The company uses seaweed and fish meet heme molecules to create low-calorie seaweed-based meat substitutes for food products like hamburger patties, bulgogi, and sausages. The business provides B2C (business-to-customer) services to the food and agriculture technology market segments.

## Funding rounds

- Series A, Sep 13, 2023, $4M — Logan Ventures

## Investors

- Logan Ventures (https://capitalatlas.ai/funds/logan-ventures) — Series A