About Superbin
Superbin is a company based in Seongnam-si (South Korea) founded in 2015.. Superbin has raised $16.8 million across 1 funding round from investors including TBT Partners and HUMAX. Superbin offers products and services including SuperBin App and Nephron. Superbin operates in a competitive market with competitors including Glacier, Mill, Bigbelly Solar, Candam and Clean Robotics, among others.
- Headquarter Seongnam-si, South Korea
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Sectors
EnvironmentIndustrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name Super Bean Co., Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$16.8 M (USD)
in 1 rounds
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Latest Funding Round
$16.8 M (USD), Series B
Aug 21, 2020
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Investors
TBT Partners
& 1 more
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Employee Count
Employee Count
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Products & Services of Superbin
Superbin offers a comprehensive portfolio of products and services, including SuperBin App and Nephron. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for resource circulation and waste management activities
System for locating and using recycling points
Funding Insights of Superbin
Superbin has successfully raised a total of $16.8M through 1 strategic funding round. The most recent funding activity was a Series B round of $16.8 million completed in August 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series B — $16.8M
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First Round
First Round
(21 Aug 2020)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2020 | Amount | Series B - Superbin | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Superbin
Superbin has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include TBT Partners and HUMAX. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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TBT Partners is engaged in venture capital investments for startups.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Superbin
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Superbin
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Superbin Comparisons
Competitors of Superbin
Superbin operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Glacier, Mill, Bigbelly Solar, Candam and Clean Robotics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-based robots for automated waste sorting are provided.
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| domain | founded_year | HQ Location |
Smart bins are provided to process waste into fertilizer.
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| domain | founded_year | HQ Location |
Smart solar-powered waste bins are provided for real-time collection management.
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| domain | founded_year | HQ Location |
IoT-based smart waste bins are provided for rewarded collection.
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| domain | founded_year | HQ Location |
Smart trash bin robots are manufactured for recyclable waste sorting.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Superbin
Frequently Asked Questions about Superbin
When was Superbin founded?
Superbin was founded in 2015 and raised its 1st funding round 5 years after it was founded.
Where is Superbin located?
Superbin is headquartered in Seongnam-si, South Korea. It is registered at Seongnam-si, Gyeonggi-do, South Korea.
Who is the current CEO of Superbin?
Kim Jung Bin is the current CEO of Superbin.
Is Superbin a funded company?
Superbin is a funded company, having raised a total of $16.8M across 1 funding round to date. The company's 1st funding round was a Series B of $16.8M, raised on Aug 21, 2020.
What does Superbin do?
Superbin was founded in 2015 in Seongnam-si, South Korea, focusing on environmental technology. Solutions for smart bins are developed, including reward-based systems for recycling. Artificial intelligence-based robots for circulating resource recovery are also offered. Operations center on urban waste management and sustainable resource handling within the recycling sector.
Who are the top competitors of Superbin?
What products or services does Superbin offer?
Superbin offers SuperBin App and Nephron.
Who are Superbin's investors?
Superbin has 2 investors. Key investors include TBT Partners, and HUMAX.
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