# NEWGEN

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/newgen-2

- Industry: Power & Utilities
- Headquarters: Jeonju, South Korea
- Latest round: Seed (Jun 26, 2026)
- Investors on record: 1

## About

Based in Jeollabuk-do, South Korea, and founded in 2025 and led by CEO Hwang Yoon-sik, NEWGEN operates as a company that develops a technology to convert cow manure from livestock farms into fuel that can be used for biomass power generation and can be used as an alternative energy source. In June 2026, NEWGEN raised seed funding from Mark & Company. NEWGEN specializes in climate tech solutions. The company focuses on solid fuel conversion project to convert livestock manure (cow manure) into fuel for power generation.

## Funding rounds

- Seed, Jun 26, 2026 — Mark & Company

## Investors

- Mark & Company (https://capitalatlas.ai/funds/mark-company) — Seed