# NEXTON

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

- Industry: Agribusiness
- Headquarters: Seoul, South Korea
- Website: www.nexton.ag
- Total disclosed funding: $14M
- Latest round: Series B (Feb 11, 2022)
- Investors on record: 7

## About

Based in Seoul, South Korea, and founded in 2017, NEXTON operates as an agribusiness company an urban smart farming company that provides its clients with fresh food products including vegetables and fruits. In April 2024, NEXTON raised KRW 1.19 billion in venture funding from LS Securities, valuing the company at KRW 236 billion post-money. NEXTON is a smart farm solution company that provides fresh products grown and delivered in various forms such as general consumer markets, department stores, fine dining restaurants, large facilities, and corporate orders, and can also be purchased through online platforms such as Naver. Furthermore, it operates an e-commerce platform through which users can make orders for its products. The company plans to use the September 2021 funding to spur research and development (R&D) and overseas expansion.

## Funding rounds

- Series B, Feb 11, 2022, $1.7M — CJ Investment
- Series B, Aug 10, 2021, $7.3M — Korea SMEs and Startups Agency, LS Securities, Mint Venture Partners
- Series A, Apr 24, 2019, $4.7M — TransLink Capital, KB Investment, SEMA Translink Investment

## Investors

- TransLink Capital (https://capitalatlas.ai/funds/translink-capital) — Series A
- KB Investment (https://capitalatlas.ai/funds/kb-investment) — Series A
- SEMA Translink Investment — Series A
- Korea SMEs and Startups Agency — Series B
- LS Securities — Series B
- Mint Venture Partners (https://capitalatlas.ai/funds/mint-venture-partners) — Series B
- CJ Investment (https://capitalatlas.ai/funds/cj-investment) — Series B