RECO is a company that provides optimal waste solutions — from improving waste disposal environments through to resource circulation. 'UpBox,' a total waste collection and transportation service officially launched in 2020, is a comprehensive corporate waste collection and transportation service that professionally manages the entire process — from setting up a site's waste disposal environment, to transportation and data management. A key feature of UpBox is that it precisely measures the volume of waste at each collection, with clients able to check measurement values, environmental indices, and processing progress in real time through the UpBox cloud.

UpBox acquired more than 3,000 corporate clients within just three years of launch — the largest client base for a single waste brand. Starting with a focus on food waste in its early days, the service has progressively expanded to include recyclable waste such as plastics and paper, and has accordingly broadened its client base to include businesses that generate diverse types of waste, such as Coupang and Fassto.

Maintaining solid growth momentum, RECO raised KRW 14.5 billion in a Series B bridge round in January 2023, recording cumulative investment exceeding KRW 30 billion. On the back of this investment, RECO is currently focused on advancing the UpBox service, while also working to strengthen 'UpBox Cloud,' its waste management software. The company plans to expand UpBox Cloud — previously a client-only software — into a comprehensive circular resource platform encompassing the entire waste value chain, including waste generators, transporters, and processors.