AETECH(에이트테크)

AETECH is a South Korean startup founded in 2020 with the goal of creating a smart city where robots manage waste. Its slogan, "로봇이 폐기물을 관리하는 스마트시티, 에이트테크와 함께합니다," reflects its focus on developing technology that uses robots to sort and manage waste. The company recently received a significant Series A investment of KRW8.60B on 27 October 2023. This funding round was backed by a diverse group of investors including IBK Capital, Muirwoods Ventures, Welcome Capital, Blue Corner, LK Technology Investment, GS Ventures, KB Securities, Hana Financial Investment, Oracle Venture Investment, and Vision Creator. AETECH's innovative approach to waste management and the support from these prominent investors positions the company for potential growth and success in the evolving smart city industry.