Clean Tech Company CALAB announced on the 7th that it has been selected as a "First Penguin" start-up company, a promising start-up guarantee system of the Korea Credit Guarantee Fund (KODIT).

The Korea Credit Guarantee Fund's First Penguin is a system that discovers and selects start-up companies with growth potential as future unicorn companies among promising start-ups within five years of their start-ups. Selected companies will be given up to 3 billion won in guarantees and various benefits for three years.

CALAB is a key company in the air quality field and operates the brand "AEREA" that improves the air quality of all spaces. Based on next-generation convergence filter material technology and artificial intelligence-based air quality prediction simulation technology, it released a nano-material-based apartment ventilation system filter "Aero Shield" and recorded 50,000 cumulative sales.

In addition, it launched an electronic mask with a three-month filter life and a filter replacement color mask "Aero Breath Fit," introducing a new concept of functional mask that reduces filter waste and improves ease of use. It recently released the long-Life vehicle air conditioner filter "Aero Formula" that has been used for two years to complete its domestic auto air conditioner filter lineup, and plans to target the U.S. market by expanding its auto air conditioner filter lineup to overseas models.

CEO Lee Seunguk said, "We will launch a brand that improves the air in all spaces where people stay and lead the global air quality market beyond Korea," adding, "We will faithfully carry out R&D strategies that secure core discrimination based on sustainability through continuous technology development."

Meanwhile, CALAB was also selected for financial acceleration programs such as TIPS, a private investment-led technology start-up support program by the Ministry of SMEs and Startups, and recently received the best evaluation of the "2021 Startup Jump Package" run by the Ulsan Economic Promotion Agency. So far, it has attracted more than 1 billion won in investment from the Industrial Bank of Korea to local governments and universities such as Busan Metropolitan City and Gyeongsangnam-do, and plans to attract Series A investment in the second half of this year.
%B%d、%Y — Official CALAB