G
Green Labs
Agriculture-tech company that currently provides 3 million farmers in Korea with a service that remotely monitors farms and the environment through IoT
About Green Labs
Greenlabs is a South Korean agtech company focused on revolutionizing the agricultural sector through digital transformation. The company operates in the agribusiness market, offering a comprehensive agricultural data platform called Farm Morning, which digitizes the entire farming process from crop cultivation to distribution and sales. Greenlabs serves over 900,000 farmers globally, providing them with crucial data to make informed decisions, thereby improving cost efficiency and sustainability in agriculture.
Greenlabs' business model revolves around providing digital solutions that streamline agricultural processes. By utilizing Farm Morning, farmers gain access to vital information, reducing unnecessary distribution margins and production costs. The platform also facilitates the seamless connection of food buyers with farmers, revolutionizing the B2B distribution of agricultural products. This approach addresses the issue of information asymmetry in the grain trade market, making it easier for producers and buyers to engage with each other.
Greenlabs generates revenue through subscription fees for its platform services, as well as through partnerships and collaborations with various stakeholders in the agricultural sector. The company's innovative solutions aim to solve future food shortage problems in a sustainable manner, making it a key player in the global agricultural market.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2017
- Headquarters
- Seoul, South Korea
- Employees
- 98
- Open positions
- None listed
- Dealroom signal
- 62.0/100
- Industry
- Food
- Sub-industry
- AgriTech
- Sector
- Food, Precision Agriculture, Hard Tech
- Technology
- IoT InternetOfThings
- Client focus
- b2b
- Investment activity
- 4 companies, latest Oct 2021
- Capital deployed
- $0
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| DEBTDebt | Mar 2023 | $38M | — | SkyLake Incuvest · BRV Capital Management | ↗ |
| SERIES COther financing | Jan 2022 | $140M | $700M | SkyLake Incuvest · BRV Capital Management · SK Square | ↗ |
Growth signals
Latest recorded traffic for Green Labs is 5.7K monthly website visits, down 62% over the last three months. Green Labs's team declined 12.5% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
PAIPTREESeoul, South KoreaAI-driven platform optimizing livestock and production management with real-time data analysis for global agricultural logistics
$8.7Mvaluation
V-
V-HouseSeoul, South Korea
→
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
- CCCKD Venture Capital Corporation
Magna Investment
Series A2 investors entered at this stage
#Hashed
Main Street Investment
Series B and later3 investors entered at this stage
SK Square
SkyLake Incuvest
BRV Capital Management
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Green Labs on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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