# Viomix

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

- Industry: Food
- Headquarters: Seoul, South Korea
- Website: www.viomix.co.kr
- Total disclosed funding: $17M
- Latest round: Series B (Oct 15, 2021)
- Investors on record: 4

## About

Viomix Inc. is a South Korean company specializing in advanced solutions for the food and agriculture industries, offering innovative products that enhance crop yield and improve food quality.Founded in 2016 and headquartered in Seoul, South Korea, Viomix Inc. focuses on developing solutions for the agriculture sector. The company has successfully completed 2 deals, with its latest funding round being a Series B, raising KRW 20 billion from Kiwoom Investment on October 15, 2021. Viomix has not undergone significant pivots in its business strategy since its inception.Viomix specializes in advanced solutions for the food and agriculture industries, focusing on innovative products that enhance crop yield and food quality. Their core offerings include proprietary formulations designed to improve soil health and nutrient delivery, which in turn optimizes plant growth and resilience. These products address challenges faced by farmers, such as soil degradation and nutrient depletion. Viomix serves a diverse client base, including large-scale agricultural producers and smaller farms, and markets its products primarily in North America, Europe, and parts of Asia.Viomix generates revenue through a direct-to-consumer model, primarily involving sales of its proprietary agricultural products. Transactions are structured through contracts with farmers and agricultural cooperatives, ensuring a steady supply of flagship products. Pricing plans are tiered based on volume, allowing clients to benefit from economies of scale. The company is also exploring partnerships with retailers and distributors to enhance market access.Viomix plans to utilize the KRW 20 billion raised in Series B funding to design and launch new products aimed at improving agricultural efficiency. The company is targeting expansion into European and Southeast Asian markets by 2023, focusing on tailored solutions for local farmers. These initiatives reflect Viomix's commitment to addressing agricultural challenges globally.

## Funding rounds

- Series B, Oct 15, 2021, $17M — Kiwoom Investment
- Series A, Dec 2, 2020 — Altos Ventures, Atinum Partners, Otium Capital

## Investors

- Altos Ventures (https://capitalatlas.ai/funds/altos-ventures) — Series A
- Atinum Partners — Series A
- Otium Capital (https://capitalatlas.ai/funds/otium-capital) — Series A
- Kiwoom Investment (https://capitalatlas.ai/funds/kiwoom-investment) — Series B