Kinava Co., Ltd.

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Kinava Co., Ltd. - overview

Established

2019

Location

Seoul, -, South Korea

Primary Industry

Power & Utilities

About

Based in Seoul, South Korea, and founded in 2019 by the research and development team of Hanyang University, Kinava Co. , Ltd. is a company that develops organic and inorganic waste treatment technology that can be used as energy. In June 2022, Kinava Co.


, Ltd. raised KRW 4 billion in series A funding from Conar Investment, Korea Development Bank, Mirae Holdings, Posco Investment, and Coolidge Corner Investment. As of 2025, the company is led by its CEO, Kang-il Choe, and is present in countries like Korea, Canada, and the USA. The company offers bio-energy conversion technology that converts organic waste like food waste, livestock manure, and sewage sludge into renewable energy.


The company also provides hydrogen production solutions using hybrid hydrothermal carbonization technology. The company’s technology includes hybrid HTC, combined swirling combustion, and hydrogen engine reformer. The company plans to use the June 2022 funding to supply organic waste-based biomass fuel and invest in sewage sludge resource recycling through a joint agreement with large companies.


Current Investors

Coolidge Corner Investment, Korea Tech Incubator for Startup, Korea Development Bank

Primary Industry

Power & Utilities

Sub Industries

Waste to Energy, Green IT, Recycling

Website

www.kinava.com

Verticals

Clean Technology, Manufacturing

Company Stage

Series A

Total Amount Raised

Subscriber access only

Kinava Co., Ltd. - financials

Fiscal Year EndedDec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022
Revenue (USD)331,000,000---
% Revenue Growth (YoY)----
EBITDA (USD)----
Operating Income (USD)168,300,000---
Operating Margin50.8%---
% EBITDA Margin----
NET Income (USD)148,521,000---
% Net Margin44.9%---

Kinava Co., Ltd. - employee data

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