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New Deal


Announced

Completed

BRV Capital led a $140m Series C funding round in Green Labs.

Financials

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Transaction Value£103m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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South Korea

Domestic

Private Equity

Friendly

Venture Capital

Minority

Private

Completed

agri-tech

Auto Technology

Acquisition

Synopsis

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BRV Capital led a $140m Series C funding round in Green Labs, an agri-tech company, with participation from Skylake Investment and SK Square. "The Seoul-based firm has expanded to China and Vietnam with its smart farm technologies since 2021. It also plans to penetrate other overseas countries this year by forming strategic partnerships with local agtech and food tech players, which play similar strategies to Green Labs. Also, the startup is open for collaboration to speed up the process of resolving the global food supply problems," Scott Sungwoo Choi Shin, Green Labs Co-Founder and CEO.

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