Recl , a company that provides mobile used clothing collection services, announced that it has been selected for the 'Scale Up Tips' program. As a result, Recl will receive a total of 1.2 billion won in research and development and commercialization funds over the next three years.
'Scale-up Tips' is a program that discovers small and medium-sized ventures with high growth potential and supports research and development through matching support from private investment and government funding.
Through Scaleup Tips, Recluse will study a model for evaluating the condition of discarded clothing and its resale value using AI technology. By automatically inspecting and classifying the inspected clothing through the used clothing collection service, it is expected that more clothing will be recycled instead of discarded, reducing carbon emissions and preserving monetary value.
Recl is a recycling startup that collects over 30 tons of clothing every day across the country. It has grown steadily over the past three years to become the largest clothing recycling company in Korea.
Since the service opened, more than 19 million clothing items have been accumulated, so there is sufficient data required for AI learning.
It can be utilized not only for image and price data but also for a system that analyzes the material and color of clothing to create recycled materials, which can drastically reduce the amount of clothing waste. Recl is also developing new materials that can replace plastics with waste clothing fibers.
Through its technological development, Recl is expected to present a business model that can drastically reduce the amount of clothing waste generated annually, which amounts to over 110,000 tons, while also providing monetary value.
Likle CEO Yang Soo-bin said, “We will present a new standard for resource circulation with AI technology,” and expressed his ambition to “strengthen our competitiveness in the global market with a business model that satisfies both environmental and economic values.”
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