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E Green Global

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Specialized in mass production of virus-free seed potatoes and cultivation of micro tubers

Seoul, South KoreaFounded 2009Food
Valuation $25–50M Last recorded · 2022
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About E Green Global

E Green Global (EGG), a South Korean agricultural biotech company founded in 2009 by Keejoon Shin, is addressing global food security challenges by transforming the potato industry. Shin established the company to overcome the limitations of traditional seed potato supply systems, which are often localized and unable to provide the qualified, virus-free seed potatoes necessary for high-yield crops in many parts of the world.

The company operates in the agri-biotech sector, serving potato farmers, agricultural cooperatives, and major agricultural companies globally. Its business model centers on the B2B sale of its proprietary Microtubers, partnering with distributors and agricultural enterprises. EGG has secured significant funding to support its growth, including a Series B round of USD 15 million in 2021 and a Series C round in 2022.

EGG's core product is the Microtuber, a bean-sized, virus-free seed potato mass-produced in bio-secured laboratories using in-vitro tissue culture technology. This method bypasses many issues of conventional potato farming, where seed potatoes are grown in open fields or greenhouses, making them susceptible to diseases and pests. The company's lab-grown microtubers are produced year-round in a sterile environment, are more resilient, and have a higher dry matter content, which simplifies storage and reduces transport costs. A key benefit of EGG's technology is the significant reduction in the cultivation cycle; it can produce certified seed potatoes in one to two years, compared to the five to seven years required by conventional methods. This accelerated process allows for faster introduction of new and resilient potato varieties. The company has successfully commercialized this technology, a feat not previously achieved on a commercial scale, and holds verification for its Microtuber technology in the US, Canada, China, and Korea. Looking ahead, EGG plans to apply its technology to other vital crops like sweet potatoes, cassava, onions, and garlic.

Source: Dealroom company data

At a glance

Founded
2009
Headquarters
Seoul, South Korea
Sector
Food

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A3 investors entered at this stage

  • Yellow Dog
  • YD-SK-KDB Social Value Fund
  • ADB Ventures

Series B and later1 investor entered at this stage

  • Korea Development Bank
Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇰🇷 South Korea87.5%
🇺🇸 United States12.5%
2 countries shown

Market sentiment

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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