# ioCrops

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

- Industry: Software
- Headquarters: Seoul, South Korea
- Website: www.iocrops.com
- Total disclosed funding: $8.2M
- Latest round: Series A (Dec 14, 2022)
- Investors on record: 10

## About

Based in Seoul, South Korea, and founded in 2018, by CEO JinHyung Cho, Agricultural Corporation ioCrops Inc., a.k.a. ioCrops, Inc., ioCrops provides software that helps users manage the greenhouse environment with the help of sensors. In December 2022, ioCrops raised KRW 7 billion in Series A funding from Capstone Partners, CKD Venture Capital, DSC Investment, QUAD Ventures, BNK Venture Capital, Enlight Ventures, and Seoul Technology Holdings.

The company offers ioFarm solutions that collect all the data necessary for operating a farm and provide the information for appropriate decision-making. ioFarm generates a decision-making algorithm based on irrigation, climate, and crop data collected from its sensors and robots for a precise diagnosis of the problem based on quantitative data that allows autonomous greenhouse operation.

## Funding rounds

- Series A, Dec 14, 2022, $5.4M — CKD Venture Capital, Capstone Partners, DSC Investment, BNK Venture Capital, QUAD Ventures, Enlight Ventures, Seoul Technology Holdings
- Series A, Aug 11, 2022, $2.6M — Capstone Partners, BNK Venture Capital, Enlight Ventures, Seoul Technology Holdings
- Seed, Oct 1, 2019 — Korea Tech Incubator for Startup, POSTECH Holdings
- Seed, Sep 21, 2019, $0.3M — Bass Ventures, POSTECH Holdings

## Investors

- Bass Ventures (https://capitalatlas.ai/funds/bass-ventures) — Seed
- POSTECH Holdings (https://capitalatlas.ai/funds/postech-holdings) — Seed
- Korea Tech Incubator for Startup — Seed
- Capstone Partners (https://capitalatlas.ai/funds/capstone-partners) — Series A
- BNK Venture Capital (https://capitalatlas.ai/funds/bnk-venture-capital) — Series A
- Enlight Ventures (https://capitalatlas.ai/funds/enlight-ventures) — Series A
- Seoul Technology Holdings (https://capitalatlas.ai/funds/seoul-technology-holdings) — Series A
- CKD Venture Capital (https://capitalatlas.ai/funds/ckd-venture-capital) — Series A
- DSC Investment (https://capitalatlas.ai/funds/dsc-investment) — Series A
- QUAD Ventures (https://capitalatlas.ai/funds/quad-ventures) — Series A