# Trash Busters

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/trash-busters

- Industry: Environmental Services
- Headquarters: Seoul, South Korea
- Website: www.trashbusters.kr
- Total disclosed funding: $1.5M
- Latest round: Series A (Aug 10, 2022)
- Investors on record: 5

## About

Trash Busters Inc., based in South Korea, specializes in sustainable solutions by offering rental services for reusable containers and ancillary equipment, aiming to mitigate the environmental impact of single-use products.Founded in 2019 in Seoul, South Korea, Trash Busters Inc. focuses on providing environmentally friendly alternatives to disposable packaging. The company has successfully completed a total of 3 funding deals, with its latest funding round being a Series A, raised in August 2022. This round secured KRW 2 billion from investors including Golden Oak Investment, Hana Securities, SJ Investment Partners, and Strong Ventures, bringing the total amount raised to KRW 2 billion. The founder's history and any previous ventures are not detailed in the available information.Trash Busters Inc. specializes in providing alternative solutions to single-use products through its core offerings, which include the rental of reusable containers and ancillary equipment. Their service model aims to address the pressing environmental issues associated with disposable packaging by facilitating the transition to sustainable practices for both individuals and organizations. The company serves a diverse clientele, including event organizers, caterers, and businesses committed to reducing their ecological footprints, primarily operating across metropolitan areas in South Korea. Through the provision of hygienically maintained multi-use containers, Trash Busters Inc. enhances convenience for its customers while promoting environmentally responsible consumption. This dual focus not only addresses the immediate needs of end users but also contributes to broader sustainability goals.Trash Busters Inc. operates on a transactional revenue model, where clients pay for the rental of reusable containers and associated facilities. The company engages in direct-to-business transactions, facilitating partnerships with various organizations through structured rental agreements that include both short-term and long-term options. For example, event planners may contact Trash Busters to secure a specific number of reusable containers for a forthcoming event, paying a rental fee based on the quantity and duration of use. This pricing structure allows businesses to efficiently manage their sustainability initiatives while maintaining cost-effectiveness. In addition to these rentals, the firm offers customized packages that cater to specific client needs, further solidifying its position within the eco-friendly service sector.In August 2022, Trash Busters Inc. raised KRW 2 billion in Series A funding from new investors Hana Securities and SJ Investment Partners, with participation from returning investors. The company plans to utilize this funding to expand its factories, manufacture additional containers, and invest in research and development. Future growth strategies include launching new products designed for enhanced sustainability and exploring expansion into new markets beyond South Korea to increase its reach and impact in the eco-friendly sector.

## Funding rounds

- Series A, Aug 10, 2022, $1.5M — Strong Ventures, SJ Investment Partners, Hana Securities, Golden Oak Investment
- Seed, Jul 3, 2020 — Merry Year Social Company

## Investors

- Merry Year Social Company (https://capitalatlas.ai/funds/merry-year-social-company) — Seed
- Strong Ventures (https://capitalatlas.ai/funds/strong-ventures) — Series A
- SJ Investment Partners (https://capitalatlas.ai/funds/sj-investment-partners) — Series A
- Hana Securities (https://capitalatlas.ai/funds/hana-securities) — Series A
- Golden Oak Investment (https://capitalatlas.ai/funds/golden-oak-investment) — Series A