NH Investment led a Series B funding round in Hanwha-backed StarsTech.

NH Investment, a provider of brokerage, underwriting, and securities dealing services, led a Series B funding round in Hanwha-backed StarsTecha firm which develops starfish eco-friendly snow remover. Financial terms were not disclosed. With this investment, Stars Tech will establish an overseas production base for ECO-ST developed by the company. The company supplies this product to local governments and private companies across the country. Patent registration has been completed not only in Korea, but also in Europe, Russia, and Japan, and patent applications have been filed in North America and China.