# Smart Food Networks

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/smart-food-networks

- Industry: Logistics & Distribution
- Headquarters: Seoul, South Korea
- Website: www.smartfoodnet.com/
- Total disclosed funding: $35M
- Latest round: Series B (May 15, 2023)
- Investors on record: 8

## About

Based in Seoul, South Korea, and founded in 2020, Smart Food Networks, also known as SFN, operates as an automated warehouse management and transportation services company for cold-chain products. In August 2025, Smart Food Networks raised KRW 15 billion in series C funding from unspecified investors. The company operates a B2B e-commerce platform focused on food materials. It provides a cold chain-based fulfilment service named FreshGO, along with automated warehouse management (WMS), order management (OMS), and transportation management (TMS) solutions, packaging, shipping, returns, and inventory management for e-commerce. The company's primary objective is to address logistics challenges faced by e-commerce operators. The company will use the August 2025 funding to further enhance its logistics infrastructure and fortify its data-based services.

## Funding rounds

- Series B, May 15, 2023, $30M — Korea Development Bank, E&Investment, EverBest Partners, KB Securities, Hana Securities, Redbadge Pacific, Noh & Partners, Signite
- Series A, Dec 21, 2021, $5.1M — Korea Development Bank, KB Securities, Redbadge Pacific, Noh & Partners

## Investors

- Korea Development Bank (https://capitalatlas.ai/funds/korea-development-bank) — Series A, Series B
- KB Securities (https://capitalatlas.ai/funds/kb-securities) — Series A, Series B
- Redbadge Pacific (https://capitalatlas.ai/funds/redbadge-pacific) — Series A, Series B
- Noh & Partners (https://capitalatlas.ai/funds/noh-partners) — Series A, Series B
- E&Investment (https://capitalatlas.ai/funds/e-investment) — Series B
- EverBest Partners (https://capitalatlas.ai/funds/everbest-partners) — Series B
- Hana Securities (https://capitalatlas.ai/funds/hana-securities) — Series B
- Signite (https://capitalatlas.ai/funds/signite) — Series B