CnerG and Association of SMEs Sign MOU to Achieve Carbon Neutrality for Small and Medium Enterprises

CnerG, a global clean energy trading solutions company, is expanding its efforts to stimulate the domestic and international carbon-neutral market. On the 31st, CnerG announced that it had signed an MOU with the Korea Association of SMEs to strengthen carbon-neutral capabilities for domestic SMEs. Through this MOU, CnerG will provide services related to carbon accounting and carbon offsetting for the 7,000 members of the federation. A CnerG official stated, "Global supply chains are increasingly demanding RE100 compliance and carbon neutrality from many export-oriented SMEs in Korea. We expect CnerG's comprehensive, globally recognized carbon-neutral solutions to be helpful."

Clean Energy Trading Platform 'CnerG' Secures 4 Billion KRW in Pre-Series A Round

CnerG, a global clean energy trading company, is making significant strides to activate the domestic and international carbon-neutral market. In June, CnerG was selected as a target company for the "Baby Unicorn Development Project" under the Ministry of SMEs and Startups' "Global Unicorn Project." In the ongoing Pre-A Bridge Round, the company secured 4 billion KRW in investment from Hana Ventures and Samho Green Investment, laying the foundation for its growth into a global unicorn company.

VC Investment Event with 11 Local Start Ups and 20 VCs: CnerG Secures 2 Billion KRW Investment from Samho Green Investment...

More and more investors are eyeing start ups in Gwangju. The city's efforts to facilitate pre-exchanges between local startups and investors, leading to substantial investment, seem to be paying off. On the 16th, Gwangju hosted the "2024 Startup Festival Investment Presentation (IR)" with representatives from 11 startups, 20 investors, and about 50 related organizations. This event served as a pre-exchange and checkpoint before the "2024 Gwangju Startup Festival," scheduled for November, to help startups secure actual investments.

Ministry of SMEs and Startups Selects Two Gwangju Companies as ‘Baby Unicorns’

Gwangju City announced on the 3rd that Biot Korea (CEO Jang Young-jun), a developer of medical devices for therapeutic substance delivery, and CnerG (CEO Jin Yong-nam), a renewable energy trading platform, were selected as "baby unicorns" by the Ministry of SMEs and Startups. Biot Korea completed a Series A funding round of over 4 billion KRW in 2021 from Korea Investment Partners and Chonnam National University Tech Holding, and also won an innovation award at CES 2023. CnerG developed a clean energy trading platform aimed at achieving RE100 (100% renewable energy usage) targets, which is a key issue for global companies.

Two Gwangju Companies Selected as ‘Baby Unicorns’ by Ministry of SMEs and Startups, Accelerating Growth Towards Global Unicorn Status

Gwangju Metropolitan City announced on the 3rd that Biot Korea (CEO Jang Young-jun), a developer of medical devices for therapeutic substance delivery, and CnerG (CEO Jin Yong-nam), a renewable energy trading platform, were selected as "baby unicorns" by the Ministry of SMEs and Startups, which supports startups with high potential to grow into global unicorns.

Two Gwangju start ups Biot Korea and CnerG Selected as ‘Baby Unicorns’ by Ministry of SMEs and Startups

Gwangju Metropolitan City announced on the 3rd that the Ministry of SMEs and Startups has selected Gwangju-based companies Biot Korea (CEO Jang Young-jun), a developer of medical devices for therapeutic substance delivery, and CnerG (CEO Jin Yong-nam), a renewable energy trading platform, as "baby unicorns" as part of their global startup growth initiative. According to the city, the Ministry has been helping promising startups and venture companies verified through market validation and investment to grow into global unicorns through the "K-Unicorn Project" since 2019. So far, 250 baby unicorns and 111 pre-unicorns have been selected.

Startups to Watch in 2024: Baby Unicorn 50 and Pre-Unicorn 15

On Thursday the 27th, the Ministry of SMEs and Startups announced the selection of 50 "baby unicorn" companies and 15 "pre-unicorn" companies that have high potential to grow into global unicorns. Since 2019, the Global Unicorn Project has selected a total of 250 baby unicorns and 111 pre-unicorns. In this round, 199 companies applied for the baby unicorn development program, and 107 for the pre-unicorn special guarantee, with competition ratios of about 4:1 and 7:1, respectively. Baby unicorns receive market development funds (up to 300 million KRW), and this year, a special guarantee from Korea Technology Finance Corporation (up to 5 billion KRW) was introduced to ensure rapid access to growth funds.

กลุ่ม KTIS ลงนามขายเครดิตพลังงานหมุนเวียน (REC) กับ CnerG

มิติหุ้น – นายศิรภาคย์ ศิริวิริยะกุล ประธานเจ้าหน้าที่บริหารการเงิน กลุ่มบริษัท เกษตรไทย อินเตอร์เนชั่นแนล ชูการ์ คอร์เปอเรชั่น จำกัด (มหาชน) หรือ กลุ่ม KTIS ผู้นำในอุตสาหกรรมน้ำตาลและอุตสาหกรรมต่อเนื่องครบวงจรเป็นผู้แทนของกลุ่ม KTIS ลงนามขายเครดิตพลังงานหมุนเวียน (REC) กับ Ms.Kate Roh, Head of Global Market บริษัท ซีเนอจี จำกัด (CnerG) ผู้ประกอบการระดับสากล ด้านธุรกิจพลังงานสะอาดและผู้ให้บริการ solution ด้านความยั่งยืน

Helping Companies Achieve Carbon Neutrality by 2050... AENTS and CnerG Join Forces

AENTS, the operator of the carbon-neutrality platform "AENTSCOPE", announced on the 20th that it had signed an MOU with CnerG, which operates a clean energy trading platform, to address carbon neutrality. Both companies will work to secure corporate clients that need to measure and reduce carbon emissions. CnerG will provide REC (Renewable Energy Certificate) trading solutions to corporate clients, while AENTS will offer carbon emission measurement and management solutions.

CnerG, After Raising 3 Billion KRW, Strengthens Collaboration with AENTS on Carbon Neutrality Solutions

CnerG, a clean energy trading platform, is strengthening its collaboration with AENTS, a carbon-neutrality service company. After successfully raising 3 billion KRW in investment, CnerG is actively expanding its business related to carbon-neutral solutions. CnerG recently signed an MOU with AENTS to jointly respond to carbon neutrality. Under the agreement, both companies will work together to secure corporate clients that need to measure and reduce carbon emissions. CnerG will offer REC (Renewable Energy Certificate) trading solutions, while AENTS will provide carbon emission measurement and management solutions.

AENTS and CnerG Sign MOU on 'Carbon Neutrality Response'... Aiming to Secure Clients Needing Carbon Emission Measurement and Reduction

AENTS (CEO Park Gwang-bin), a carbon-neutrality service company, announced on the 20th that it has signed an MOU with CnerG (CEO Jin Yong-nam), a clean energy trading company, to help corporates achieve carbon neutrality. According to the agreement, both companies will jointly work to secure corporate clients that need to measure and reduce carbon emissions. CnerG will provide Renewable Energy Certificate (REC) trading solutions, while AENTS will offer carbon emission measurement and management solutions.

What are Renewable Energy Certificates? 3 Billion KRW Floods in as CnerG Expands International Trades

Demand for renewable energy certificates (REC), which certify the use of renewable energy, is increasing, and cross-border REC trading is becoming more active. Against this backdrop, REC trading platform company CnerG raised 3 billion KRW in investment. CnerG is expected to seek Series A funding in 2025, with this round serving as a bridge between their 2022 pre-series A and the upcoming series A.

Clean Energy Transaction Platform 'CnerG' Raises 3 Billion KRW in Investment

CnerG, the operator of the clean energy trading platform 'CnerG Platform', announced on the 16th that it raised 3 billion KRW in investment. Participants in this round included Quantum Ventures Korea, Hanwha Investment & Securities, SGC Partners-DSN Investment consortium, and Brite Energy Partners. This is CnerG's first investment in approximately two years, following their pre-series A round in 2022, where they secured investments from KB Investment, Hana Ventures, Hi Investment Partners, and BNK Ventures. As a fintech company in clean energy, CnerG attracted significant interest.

Clean Energy Trading Platform CnerG Secures 3 Billion KRW in Pre-Series A Funding

CnerG, a global clean energy trading platform, announced on the 8th that it had successfully raised 3 billion KRW in investment. This bridge round falls between the pre-series A in 2022 and the series A planned for 2025. The investment was secured from Hanwha Investment & Securities, Quantum Ventures Korea, SGC Partners-DSN Investment, and Brite Energy Partners. A CnerG representative noted that despite the cooling investment environment, investors approached them first, recognizing the platform's potential.

Clean Energy Trading Platform ‘CnerG’ Raises 3 Billion KRWin Investment

CnerG, an operator of a clean energy trading platform, raised 3 billion KRW in new investment. According to financial investment sources on the 7th, CnerG secured investments from Hanwha Investment & Securities, Quantum Ventures Korea, SGC Partners-DSN Investment, and Brite Energy Partners. This bridge round comes between the pre-series A round in 2022 and the series A round planned for next year...

Clean Energy Trading Platform 'CnerG' Raises 3 Billion KRW in Investment... 4 Companies Including Hanwha Investment Securities Participate

CnerG, a global clean energy trading platform company, successfully raised 3 billion KRW in investment. CnerG secured investments from Hanwha Investment & Securities, Quantum Ventures Korea, SGC Partners-DSN Investment, and Brite Energy Partners. This round acts as a bridge between the pre-series A round held in 2022 and the series A round planned for next year.

CnerG Brokers Carbon Credit Purchases for Two SMEs... 'Contributing to Net Zero Goals'

CnerG (formerly IEX), which operates a renewable energy trading platform, announced on the 4th that it had facilitated the purchase of voluntary carbon credits for local SMEs. Two Gwangju-based companies Chunil Industry and World Plus Electronics completed the transactions through the CnerG platform in July.

CnerG Facilitates Purchase of 'Voluntary Carbon Credits' with Two Korean SMEs.. 'A Bridge to Carbon Neutrality'

CnerG (formerly IEX), a clean energy trading platform, announced on the 4th that they successfully facilitated the purchase of voluntary carbon credits for Two Korean SMEs. This marks a significant step for Korean companies entering the global carbon offset market. In July, SMEs from Gwangju, Chunil Industry, and World Plus completed transactions through the CnerG platform.

RE100 Pressure Intensifies... Why Multinational Companies are Turning to a 'K-Platform'

A major focus for companies worldwide is achieving RE100, a global campaign to address climate change. RE100 Campaign's goal is for companies to use 100% renewable energy by 2050. While participation is voluntary, major companies like Apple are making RE100 a mandatory requirement for their suppliers.

KCCTCS and CnerG Sign MOU on Climate Change Response

KCCTS (CEO Kim Hang-seok) and CnerG (CEO Jin Yong-nam) announced on the 29th that they signed an MOU to promote global business cooperation related to voluntary carbon credits and RECs.

KCCTCS and CnerG Sign MOU for Global Business Expansion

KCCTS and CnerG have signed an MOU to promote global business cooperation related to voluntary carbon credits and Renewable Energy Certificates (REC). Through this MOU, they plan to build a partnership for carbon credit trading, develop environmental product businesses, share infrastructure information, and collaborate on other mutual interests.