FIRMMIT

About FIRMMIT

Established in October 2017 in Seoul, South Korea, by CEO Sun Kee Park, FIRMMIT operates as an agricultural technology company addressing the challenges of climate change and food security. Park's background in crop cultivation and research forms the foundation of the company's approach, which centers on developing optimal cultivation manuals powered by technology. The company provides comprehensive smart farm solutions, aiming to improve farming practices and promote sustainability.

FIRMMIT's business model revolves around offering total solutions for agricultural facilities, including the construction of smart greenhouses and container farms, crop management, equipment, and distribution. The firm primarily serves commercial farmers and is expanding its reach internationally through partnerships and subsidiary establishments. A significant part of its strategy involves creating a sales structure where profits increase through licensing agreements as the number of its international branches grows. The company has demonstrated consistent revenue growth since its inception and has secured multiple rounds of funding, including a Series B in October 2024, from investors such as Korea Investment Holdings, Industrial Bank of Korea, and KB Investment.

The company's core products are its energy-efficient vertical farms and the "FIRMMIT Strawberry Integrated Solution." These modular container farms are designed for cultivating high-value crops like strawberries year-round in any environment by using hydroponic systems that require less water than traditional farming. A key feature is the proprietary water-cooled LED system and absorption dehumidifier, which control temperature and humidity without needing high-power heating or cooling systems. This technology, combined with cultivation manuals based on data from leading farmers, enables high-yield production. FIRMMIT has successfully exported its vertical farm models and is actively expanding into markets in Southeast Asia, the Middle East, and Europe.