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READi develops energy recovery systems that improve fuel efficiency in construction equipment.
Founded in 2021 and based in Busan, South Korea, READi develops systems that recover potential energy from construction equipment, improving fuel efficiency and reducing carbon emissions. Its technology can be installed on excavators. In July 2024, the company raised KRW 7.4 billion in Series A funding led by Quantum Ventures Korea, with participation from Korea Development Bank, Korea Technology Finance Corporation, and Strong Ventures.
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