# Kinava Co.

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

- Industry: Power & Utilities
- Headquarters: Seoul, South Korea
- Website: www.kinava.com
- Total disclosed funding: $3.1M
- Latest round: Series A (Jun 15, 2022)
- Investors on record: 6

## About

Based in Seoul, South Korea, and founded in 2019 by the research and development team of Hanyang University, Kinava Co., Ltd. is a company that develops organic and inorganic waste treatment technology that can be used as energy. In June 2022, Kinava Co., Ltd. raised KRW 4 billion in series A funding from Conar Investment, Korea Development Bank, Mirae Holdings, Posco Investment, and Coolidge Corner Investment. As of 2025, the company is led by its CEO, Kang-il Choe, and is present in countries like Korea, Canada, and the USA.

The company offers bio-energy conversion technology that converts organic waste like food waste, livestock manure, and sewage sludge into renewable energy. The company also provides hydrogen production solutions using hybrid hydrothermal carbonization technology. The company’s technology includes hybrid HTC, combined swirling combustion, and hydrogen engine reformer. The company plans to use the June 2022 funding to supply organic waste-based biomass fuel and invest in sewage sludge resource recycling through a joint agreement with large companies.

## Funding rounds

- Series A, Jun 15, 2022, $3.1M — Korea Development Bank, Coolidge Corner Investment, Posco Investment, Mirae Holdings, Conar Investment
- Seed, Oct 1, 2019 — Coolidge Corner Investment, Korea Tech Incubator for Startup

## Investors

- Coolidge Corner Investment (https://capitalatlas.ai/funds/coolidge-corner-investment) — Seed, Series A
- Korea Tech Incubator for Startup — Seed
- Korea Development Bank (https://capitalatlas.ai/funds/korea-development-bank) — Series A
- Posco Investment (https://capitalatlas.ai/funds/posco-investment) — Series A
- Mirae Holdings (https://capitalatlas.ai/funds/mirae-holdings) — Series A
- Conar Investment (https://capitalatlas.ai/funds/conar-investment) — Series A