# Inobus Co.

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

- Industry: Environmental Services
- Headquarters: Seoul, South Korea
- Website: www.inobus.co.kr
- Latest round: Seed (Jul 25, 2023)
- Investors on record: 3

## About

Based in Seoul, South Korea, and founded in 2022, Inobus Co., Ltd. provides solutions for recyclable collection using artificial technology. In July 2023, the firm raised Seed funding from investors Korea Tech Incubator for Startup, with participation from returning investors, Creative Economy Innovation Center, being selected for the Accelerator Investment-Driven Tech Incubator Program.

The company offers RePET, which is an artificial intelligence-based pet bottle collection robot that analyzes inserted bottles and sorts them accordingly without human intervention and can be remotely monitored in real time through its online dashboard. Additionally, the firm provides ReCup which helps in emptying, rinsing, and separating disposable cups all in one place without human intervention.

The company plans to use the July 2023 funding to upgrade its existing AI-based sorting models by increasing its accuracy and improving processing speed.

## Funding rounds

- Seed, Jul 25, 2023 — Korea Tech Incubator for Startup, Ulsan Creative Economy Innovation Center
- Seed, Jan 31, 2022 — Ulsan Creative Economy Innovation Center, IPS Ventures

## Investors

- Ulsan Creative Economy Innovation Center (https://capitalatlas.ai/funds/ulsan-creative-economy-innovation-center) — Seed
- IPS Ventures (https://capitalatlas.ai/funds/ips-ventures) — Seed
- Korea Tech Incubator for Startup — Seed