Smart Food Networks

About Smart Food Networks

Smart Food Networks, established in South Korea in 2020, offers advanced e-commerce logistics and cold storage solutions for food businesses. The company integrates logistics with technology to support food brands operating in the digital marketplace.

The firm was co-founded by CEO's Sung-soo Cho and Jung-eun Heo. Its services aim to solve key challenges for restaurant owners related to menus and ingredients, while simplifying operational tasks. Smart Food Networks operates on a cloud-based platform that connects food ingredient distribution, logistics, and store data. Key offerings include 'Chabyulhwasanghoe', a food ingredient mall launched in June 2023, and 'OesigUP', a franchise food material distribution solution launched in December 2024. The company also provides a simple sales management tool called 'Chabyulhwajangbu' and a fulfillment management platform named 'Sellerspace'.

Smart Food Networks has achieved significant growth, marked by multiple funding rounds, including a Series B in November 2023 that raised $30.1M, bringing its total funding to $38.4M. Its investors include E&Investment, Everbest Partners, Hana Securities, KB Securities, and Octagon Venture Partners. A major milestone was the merger and acquisition of S-Food, a food products company, in March 2023. The company has expanded its physical infrastructure with the opening of several logistics centers, including the Osan integrated logistics center in May 2023.