# RCE Co.

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

- Industry: Construction
- Headquarters: Seoul, South Korea
- Website: www.rce.global/
- Total disclosed funding: $3.9M
- Latest round: Series A (Jun 30, 2022)
- Investors on record: 5

## About

Based in Seoul, South Korea, and founded in 2016, RCE Co., Ltd. operates as an online distributor and reseller of heavy construction equipment to construction companies. In June 2022, RCE Co., Ltd. raised KRW 5 billion in series A funding led by new investor Sui Generis Partners with participation from new investors Smilegate Investment, Nextrans Inc., Hana Financial Investment, Central Corporation, and other unspecified investors. As of July 2022, the company is led by its CEO Ho-Jin Han and operates in Daegu, Hanoi, Ho Chi Minh, and Jakarta.

RCE Co., Ltd. supplies construction machinery which includes crawler excavators, wheel loaders, concrete pump trucks, bulldozers, cranes, trucks, road construction equipment, and machinery spare parts. The machinery is from various brands such as Caterpillar, Daewoo, Doosan, Hitachi, Hyundai, Kato, Kobelco, Komatsu, Kubota, Link-belt, Samsung, Sumitomo, Volvo, and Yanmar. In addition, the company offers financial support services and a customer care program.

The company plans to use this series A investment to provide 'free on-site maintenance services' to potential customers.

## Funding rounds

- Series A, Jun 30, 2022, $3.9M — Smilegate Investment, Hana Securities, Nextrans Inc., Central Corporation, Sui Generis Partners

## Investors

- Smilegate Investment (https://capitalatlas.ai/funds/smilegate-investment) — Series A
- Hana Securities (https://capitalatlas.ai/funds/hana-securities) — Series A
- Nextrans Inc. — Series A
- Central Corporation — Series A
- Sui Generis Partners (https://capitalatlas.ai/funds/sui-generis-partners) — Series A