# KGA Co.

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

- Industry: Energy Storage & Batteries
- Headquarters: Hwaseong-si, South Korea
- Website: www.kga-i.com/
- Total disclosed funding: $8.1M
- Latest round: Series A (Aug 22, 2024)
- Investors on record: 1

## About

Based in Gyeonggi-do, South Korea, and founded in 2017, KGA Co., Ltd. specializes in producing advanced equipment for lithium-ion battery (LIB) electrodes and duct automation systems. As of 2024, the company is led by its CEO, Kim Ok-tae. In August 2024, KGA Co., Ltd. raised KRW 11 billion in series A funding from returning investor Nautilus Investment.

KGA Co., Ltd. specializes in the manufacture of advanced equipment for the production of lithium-ion battery (LIB) electrodes and duct automation systems. The company’s core product offerings include custom-engineered solutions intended to simplify the electrode manufacturing process, featuring key technologies such as coaters, roll presses, slitting machines, and duct automation equipment. These products are aimed at improving efficiency and precision in battery production, addressing the increasing global demand for batteries in sectors such as electric vehicles and renewable energy storage. KGA serves a diverse client base, including battery manufacturers and technology firms, primarily in markets across Asia, Europe, and North America.

The revenue structure of KGA Co., Ltd. is primarily built around B2B transactions, wherein the company engages with clients through direct sales of its specialized manufacturing equipment and engineering services. Revenue is generated via contracts for custom equipment development, maintenance, and ongoing support services, reflecting a commitment to long-term partnerships with clients. The company will use the August 2024 funding to upgrade its technology and expand business operations.

## Funding rounds

- Series A, Aug 22, 2024, $8.1M — Nautilus Investment

## Investors

- Nautilus Investment (https://capitalatlas.ai/funds/nautilus-investment) — Series A