Smart Bingon Technology Co., Ltd.

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Smart Bingon Technology Co., Ltd. - overview

Established

2021

Location

Seoul, -, South Korea

Primary Industry

Heating, Cooling & Ventilation Equipment and Services

About

Based in Seoul, South Korea, and founded in 2021, Smart Bingon Technology Co. , Ltd. is a provider of ice-temperature aging equipment to improve the aging process of various food products, such as meat and seafood. In February 2024, Smart Bingon Technology Co.


, Ltd. raised pre-series A funding from Ecrux Venture Partners and Impact Partners. As of 2024, the company is led by its CEO, Byeongsoo Byun. The company provides a range of ice-temperature control systems, including its flagship product, Natural Perfect, for extended storage in ice-temperature aging facilities.


These systems provide temperature regulation to achieve optimal conditions for food preservation. Additionally, the firm also offers services such as system design, control program development, and ice-making device manufacturing to support the implementation and operation of its aging solutions. The company sells its products through various e-commerce platforms, such as Lotte Home Shopping, E-Mart, and Hanaro Club. The company generates revenue from the sale of its ice-temperature control devices through its e-commerce platform as well as offline retail stores.


The company plans to use its proceeds from February 2024 funding to develop a platform for mature meat distribution and upgrade its ripening centers.


Current Investors

Impact Partners, Ecrux Venture Partners, Industrial Bank of Korea

Primary Industry

Heating, Cooling & Ventilation Equipment and Services

Sub Industries

Heating, Cooling & Ventilation Equipment and Services

Website

www.smartbingon.com/

Verticals

E-commerce, Manufacturing

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

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