Announced
Completed
Financials
Sources
Tags
South Korea
Domestic
Private Equity
Friendly
Venture Capital
Minority
Private
Completed
agri-tech
Auto Technology
Acquisition
Synopsis
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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