# Griin

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/griin

- Industry: Agribusiness
- Headquarters: Gimpo-si, South Korea
- Website: www.griin.co/
- Latest round: Seed (Sep 1, 2021)
- Investors on record: 2

## About

Based in Gimpo, South Korea, and founded in 2016, Griin operates smart farms and is cultivating crops such as herbs, stevia, wasabi, mini cabbage, and apple watermelon. Cultivated crops are distributed through a regular food delivery service through a catering company. In 2017, GRIIN developed a horizontal and vertical hydroponic cultivation facility and began an online agricultural product processing and sales business. The company installed vertical and vertical hydroponic cultivation facilities at Gimpo City Agricultural Technology Center in 2019 and developed a powerless hydroponics facility in 2020. In July 2023, Griin raised pre-series A funding from T Investment.

The company operates Griin Urban Farm, a smart farm agriculture that is separated from the external climate and can be installed in the city. The smart farm uses self-developed systems and facilities such as vertical cultivation, vinyl house type hydroponic culture facility, special nutrient solution, and LED development.

Griin plans on the overseas expansion of the company's smart farm technology and facilities. The company aims to operate an urban farm corporation in Dubai in the future and is discussing the export of facilities to Colombia.

## Funding rounds

- Seed, Sep 1, 2021 — Korea Tech Incubator for Startup, Commax Venturus
- Seed, Aug 1, 2021 — Commax Venturus

## Investors

- Commax Venturus (https://capitalatlas.ai/funds/commax-venturus) — Seed
- Korea Tech Incubator for Startup — Seed