STAR's TECH logo — Chemical manufacturing company specialized using starfish ex...

STAR's TECH

Chemical manufacturing company specialized using starfish extract

Founded 2017 Korea South Korea South 6 employees Venture round Total: $2.15B

General Information

Company Name STAR's TECH
Founded Year 2017
Location Korea South Korea South
Employees 6
Funding Stage Venture round
Social

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About STAR's TECH

STAR's TECH is a South Korean chemical manufacturing start-up, established in 2017, with a focus on resolving marine ecosystem issues caused by starfish. The company has developed ECO-ST, a patented eco-friendly deicer that utilizes starfish extracts to enhance melting performance while minimizing environmental impact. This innovative product has shown remarkable efficacy, boasting a 166% improvement in snow melting performance compared to traditional sodium chloride solutions, with a mere 0.8% corrosion rate.

Recently, the company secured a Venture Round investment in June 2021 from Premier Partners, showcasing investor confidence in STAR's TECH's environmentally conscious solution. With its headquarters in South Korea, STAR's TECH aims to lead the global eco-friendly deicer market, thus addressing environmental challenges and providing a sustainable alternative for winter maintenance. The company's dedication to innovation and sustainability positions it as a promising player in the chemical manufacturing industry.

Business keywords: Eco-friendly, Deicer, Innovative technology, Marine ecosystem, Environmental solution, South Korean, Start-up, Patented technology, Social value creation, Sustainable manufacturing, Winter solutions, Corrosion inhibitor, Seoul National University, Environmental impact, Eco-friendly manufacturing

Funding Rounds & Investors (5)

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Funding Stage Amount Investors Lead Investors Date
Venture Round Undisclosed 1
Premier Partners
01 Jun 2021
Series B Undisclosed 1
NH Investment & Securities
14 Apr 2021
Series A KRW2.00B 2
Hanwha Investment, CKD Venture Capital Corporation
20 Feb 2019
Seed Round KRW150.00M 1
블루포인트 (Bluepoint)
27 Apr 2018
Non Equity Assistance Undisclosed 1
TIPS Program
01 Mar 2018

STAR's TECH Alternatives & Competitors

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FAQ About STAR's TECH

Chemical manufacturing company specialized using starfish extract
STAR's TECH was founded in 2017.
STAR's TECH is headquartered in Korea South.
STAR's TECH has approximately 6 employees.
STAR's TECH has completed 5 funding rounds, raising a total of $2.15B. The latest funding stage is Venture round.
Top alternatives and competitors to STAR's TECH include Mozzet, BUD Pencil Pvt. Ltd., Nerdalize, Baula, EQ Int'l (First Source Energy India Pvt Ltd). These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
STAR's TECH and Mozzet are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for STAR's TECH, https://bouncewatch.com/company/stars-tech, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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