Farm8

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Farm8 - overview

Established

2004

Location

Pyeongtaek-si, Gyeonggi-do, South Korea

Primary Industry

Agribusiness

About

Based in Gyeonggi-do, South Korea, and founded in 2004, Agricultural Corporation Farm8 Co. , Ltd. doing business as Farm 8 operates as a smart farming development company that provides its clients with food products. In March 2014, Farm8 raised KRW 3 billion in venture funding led by investor IMM Investment.


The firm offers its clients with fresh food products developed in smart farming locations including indoor farming. It grows a variety of crops such as sprout vegetables, aisoon, young leafy vegetables, paprika, etc along with special vegetables such as herbs, asparagus, mini vegetables, etc. It also provides pre-treatment for agricultural products which includes pretreatment and packaging in small portions. Agricultural product distribution services are also offered by the firm.


Current Investors

IMM Investment, Kooksoondang, Korea Development Bank

Primary Industry

Agribusiness

Sub Industries

Canned/Frozen Fruit & Vegetables, Crop Production, Farm Support Services

Website

www.farm8.co.kr

Verticals

IoT (Internet of Things)

Company Stage

Series A

Total Amount Raised

Subscriber access only

Farm8 - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Secondary Stock PurchaseCompletedFarm8 -

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