# Repla Co.

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

- Industry: Environmental Services
- Headquarters: Suwon City, South Korea
- Website: www.repla.co.kr
- Total disclosed funding: $7.2M
- Latest round: Series A (Jul 25, 2024)
- Investors on record: 11

## About

Based in South Korea, Repla is a manufacturer specializing in advanced plastic recycling technologies that enhance the purity and value of recycled plastics through innovative methods.Repla Co., Ltd. operates in the plastic recycling sector, focusing on transforming agricultural plastic waste. Founded in 2019 and headquartered in Suwon City, South Korea, the company has completed 4 deals to date. The most recent funding was a Series A round in July 2024, raising KRW 10 billion, led by POSCO Capital with participation from Korea Credit Guarantee Fund. The company was established by individuals with relevant industry expertise, although specific names are not disclosed.Repla Co., Ltd. specializes in advanced plastic recycling technologies, focusing on patented microbial breakdown techniques to enhance the purity and value of recycled plastics. Their core offerings include products such as the BioTank, which facilitates the decomposition of agricultural plastics, and the PuryChecker, which measures and counts plastic materials to ensure quality. These solutions aim to improve recycling rates and cater to clients in both industrial sectors and municipal waste management, particularly in Asia and North America.Repla Co., Ltd. generates revenue through product sales and service contracts with waste management firms and agricultural organizations. Their flagship products, including the BioTank and proprietary microbial technology, are sold through direct contracts, often involving one-time purchases along with ongoing service agreements for maintenance and support, ensuring long-term client relationships.In July 2024, Repla Co., Ltd. raised KRW 10 billion in Series A funding, which will be utilized to enhance its product offerings and expand its market reach. The company is developing new products aimed at improving plastic waste management solutions, with plans to enter additional markets in Asia and North America by 2025. This funding will support both product development initiatives and geographical expansion efforts.

## Funding rounds

- Series A, Jul 25, 2024, $7.2M — Posco Investment, Korea Credit Guarantee Fund
- Series A, Dec 1, 2022 — KB Investment, Partners Investment, Daegyeong Investment, IBK Capital, Enlight Ventures, Sopoong Ventures, iM Investment Partners
- Seed, Aug 7, 2020 — Bluepoint Partners, D3 Jubilee Partners

## Investors

- Bluepoint Partners (https://capitalatlas.ai/funds/bluepoint-partners) — Seed
- D3 Jubilee Partners (https://capitalatlas.ai/funds/d3-jubilee-partners) — Seed
- KB Investment (https://capitalatlas.ai/funds/kb-investment) — Series A
- Partners Investment (https://capitalatlas.ai/funds/partners-investment) — Series A
- Daegyeong Investment (https://capitalatlas.ai/funds/daegyeong-investment) — Series A
- IBK Capital (https://capitalatlas.ai/funds/ibk-capital) — Series A
- Enlight Ventures (https://capitalatlas.ai/funds/enlight-ventures) — Series A
- Sopoong Ventures (https://capitalatlas.ai/funds/sopoong-ventures) — Series A
- iM Investment Partners (https://capitalatlas.ai/funds/im-investment-partners) — Series A
- Posco Investment (https://capitalatlas.ai/funds/posco-investment) — Series A
- Korea Credit Guarantee Fund — Series A