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E Green Global
Specialized in mass production of virus-free seed potatoes and cultivation of micro tubers
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 dataAt a glance
- Founded
- 2009
- Headquarters
- Seoul, South Korea
- Sector
- Food
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A3 investors entered at this stage
Yellow Dog- YFYD-SK-KDB Social Value Fund
ADB Ventures
Series B and later1 investor entered at this stage
Korea Development Bank
Source: Dealroom Talent Intelligence.
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