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 Ended | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 |
|---|---|---|---|---|
| Revenue (USD) | 331,000,000 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - |
| EBITDA (USD) | - | - | - | - |
| Operating Income (USD) | 168,300,000 | - | - | - |
| Operating Margin | 50.8% | - | - | - |
| % EBITDA Margin | - | - | - | - |
| NET Income (USD) | 148,521,000 | - | - | - |
| % Net Margin | 44.9% | - | - | - |
Kinava Co., Ltd. - employee data


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