# GSF SYSTEM.Corp.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gsf-system-corp

- Industry: Agribusiness
- Headquarters: Changwon, South Korea
- Website: www.gsfsystem.kr
- Total disclosed funding: $0.4M
- Latest round: Seed (Apr 1, 2023)
- Investors on record: 5

## About

Based in Changwon, South Korea, and founded in 2021, GSF SYSTEM.Corp. operates as a smart technology company that offers plant cultivation systems, artificial intelligence factories, and automation factories. In September 2022, GSF SYSTEM Inc. raised a seed funding from CNTTech. In May 2023, GSF SYSTEM.Corp. raised seed funding from a new investor Korea Tech Incubator for Startup, being selected for Accelerator Investment-Driven Tech Incubator Program. Financial terms of the deal were not disclosed. As of 2022, the company is led by its CEO Jeon Seong-seong.

GSF SYSTEM creates a variety of technological products, such as a plant cultivation system that enables users to conveniently grow a variety of vegetables at a faster rate of growth and control environmental factors like temperature, humidity, and lighting using information from an application platform. Smart Factory is an artificial intelligence factory that combines information and communications technology, machinery, and automation technologies to produce and manufacture smart products more quickly. And finally, Factory Automation is an unmanned factory that allows users to automate the entire factory process from product design to manufacturing and shipment.

## Funding rounds

- Seed, Apr 1, 2023 — Korea Tech Incubator for Startup, Series Ventures
- Seed, Oct 26, 2022, $0.4M — Merry Year Social Company, CNTTech, Ulsan Creative Economy Innovation Center, Series Ventures

## Investors

- Merry Year Social Company (https://capitalatlas.ai/funds/merry-year-social-company) — Seed
- CNTTech — Seed
- Ulsan Creative Economy Innovation Center (https://capitalatlas.ai/funds/ulsan-creative-economy-innovation-center) — Seed
- Series Ventures (https://capitalatlas.ai/funds/series-ventures) — Seed
- Korea Tech Incubator for Startup — Seed