ZD Ventures Makes Seed Investment in Eco-Friendly Materials Specialist 'Studio Dasimulgyul'
ZD Ventures (ZDVC), an early-stage startup investment firm, announced on October 1 that it has made a seed investment in Studio Dasimulgyul, a company specializing in eco-friendly materials. The investment amount was not disclosed.
Studio Dasimulgyul develops new bioplastic materials that replace petroleum-based plastics by achieving industrial-grade strength and durability without leaving behind microplastics. The company has addressed the durability issues of conventional eco-friendly plastics with its proprietary technology utilizing plant-extracted nanofibers. Based on this, it has developed and commercialized 'REO,' a high-performance bioplastic grade based on PHA (polyhydroxyalkanoate).
The company's core technology has led to various achievements. In April 2023, it was selected for the preliminary startup package, and within a year of its founding, it secured its own production facility and partnerships with major corporations. The company has also received the Minister of National Defense Award and was selected for the Youth Startup Academy. This month, it received the President of the Korea Environmental Industry and Technology Institute Award at the Environmental Startup Competition organized by the Ministry of Environment.
With this investment, Studio Dasimulgyul plans to recruit top talent for key areas such as research and development, operations, and sales, and to expand its business for entry into the global market. Lee Seunggeun, Co-CEO of Studio Dasimulgyul, stated, "This investment marks the full-scale commercialization phase for REO," adding, "By next year, we aim to enter the U.S. and Southeast Asian markets and grow into a global leader in eco-friendly materials."
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Kim Hakyeong, CEO of ZD Ventures, said, "This is a startup that brings innovation to the entire new materials ecosystem with its unique technological capabilities and sustainable eco-friendly materials. ZD Ventures will continue to make strategic investments in promising startups with outstanding technology and growth potential."
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