History
Reco was founded in 2018 by Keunho Kim to build a sustainable future by transforming the waste
2018 "Company Establishment"
10 Reco Inc. established
2019 "Pilot Service Launch"
01 Launched food waste collection services
05 Selected as top-rated startup by KISED ( Korea Institue of Stratup & Entrepreneurship)
2020 "Official Service Launch"
03 Official launch of UpBox
04 Secured seed investment
07 Selected for TIPS program, certified as a venture company
08 Selected for SparkLabs Demo Day, 15th batch
2021 "Service Enhancement"
03 Completed Series A funding
04 MOU with Bbodeuk for cleaning and recycling leftover food containers.
10 MOU with multiple partners, including collaboration for 'Smart Recycling Systems'.
11 MOU signed with Dalicious to optimize waste management in non-face-to-face bulk delivery markets.
12 Completed Series B Funding
2022 "Service Expansion"
01 Official launch of integrated waste management service
Selected for KOTRA Global Jump 300
03 Awarded the 2022 Excellent Customer Satisfaction Brand
04 Awarded the "Food Waste Carbon Neutrality Roadmap" project by Korea Environment Corporation
09 Surpassed 2,000 UpBox service customers
11 Presented innovative waste management cases at COP27 representing Korean companies
12 Signed MOU with the Carbon Neutrality Research Institute to develop a "Carbon Reduction Model for Waste Resources" Received the 29th Corporate Innovation Award, "Minister of Trade, Industry, and Energy Award"
2023 "Next Phase"
04 Recognized as a Partner Startup by Korea Water Resources Corporation (K-water)
05 Named to Invest Seoul’s Core 100
10 Named to 2023 KOREA AI STARUP TOP 100
11 Honored with the Climate Change Leaders Award
11 Won the Silver Prize at the Good Design Award
12 Secured Series B bridge investment
2024 "Service Diversification and Expansion"
11 Surpassed 5,000 corporate clients
12 Received the 31st Corporate Innovation Award, "Prime Minister's Award"
2025 "Global Expansion"
02 Launched services in Indonesia