About AGMO
AGMO is an Agriculture company based in Iksan (South Korea) founded in 2022. Digital solutions for agricultural machinery automation are developed. It operates on a AgriTech Models model. AGMO has raised $1.14 million across 2 funding rounds from investors including Kyong Nong and FuturePlay. Its chief executive, as recorded, is Seungjin Park. AGMO offers products and services including Fully Autonomous Driving Solution, Crop Management Solution, and Farm Management Solution. Its focus areas include AgriTech and Precision Farming. Its legal entity in India is (μ£Ό)μκ·Έλͺ¨ (U99999MH1977PLC010754). Its competitors include Ire IS Co and tobesystem.
Company details
AGMO is dedicated to revolutionizing the agricultural sector by providing advanced technological solutions. The company is engaged in developing fully autonomous driving systems, crop management through big data, and integrated farm management tools. These solutions are designed to reduce labor and optimize farming processes, aiming to create a future where farmers efforts are supported by cutting-edge technology. AGMO operates primarily in the AgriTech space, addressing challenges in precision farming and farm efficiency.
- Total Equity Funding$1.14M (USD)
in 2 rounds
- Latest Funding Round$1.14M (USD), Seed
Dec 2023
- InvestorsKyong Nong
& 1 more
Associated legal entities of AGMO
AGMO operates through , (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| , CIN U99999MH1977PLC010754 | Active | 10 Aug 1977 | Nanded, Maharashtra | View details |
Products & Services of AGMO
AGMO offers a comprehensive portfolio of products and services, including Fully Autonomous Driving Solution, Crop Management Solution, and Farm Management Solution.
Complete autonomous driving for straight paths and turns provided.
Crop management refined using big data for precision.
Integrated farm management from workload to marketing offered.
Funding Insights of AGMO
AGMO has successfully raised a total of $1.14M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.14 million completed in December 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $1.14M
- Total Rounds 2
- Last Round Seed β $1.14M
- Investors Count 2
All 2 funding rounds of AGMO with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2023 | $1.14M | Seed | β | FuturePlay, Kyong Nong | β |
| Feb 2023 | Seed | β | β | β |
2 investors in total: 2 institutional.
Investors in AGMO
AGMO has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Kyong Nong and FuturePlay.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
FuturePlay is engaged in startup investment and acceleration. | futureplay.co | Seoul, South Korea | ||
Agrochemicals including fungicides, insecticides, and herbicides are manufactured and sold. | 1957 | knco.co.kr | South Korea |
Investor details for AGMO
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People of AGMO
2 people are tracked at AGMO (2 in leadership).
| Name | Role | Group |
|---|---|---|
Seungjin Park | Co-CEO | Leadership |
Jeon Chanwoo | Co-CEO | Leadership |
Complete people profiles for AGMO
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Team structure
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Timeline of AGMO
3 dated milestones of AGMO across 1 years, from founding to its latest funding, stage changes and deals.
- Founded AGMO is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $1.1M.
Competitors of AGMO
AGMO has 2 listed competitors in our database. They include Ire IS Co and tobesystem.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ireis.co.kr | 2010 | Gangneung, South Korea | IoT-based farming solutions are provided to farmers in South Korea. | |||
| tobesystem.com | 2017 | South Korea | TobeSystem provides comprehensive IoT and AI-based solutions for diversified farm management and crop protection. |
Detailed competitors of AGMO
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Web traffic of AGMO
The website of AGMO (agmo.farm) receives about 2.7K visits a month.
- Monthly visits2.7K
▼ 41.6% vs previous month
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Related news about Agmo
Complete news archive for AGMO
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Frequently Asked Questions about AGMO
AGMO was founded in 2022 and raised its 1st funding round 1 year after it was founded.
AGMO is headquartered in Iksan, South Korea. It is registered at Iksan, North Jeolla, South Korea.
Seungjin Park is the CEO of AGMO, as recorded in our data.
AGMO is a funded company, having raised a total of $1.14M across 2 funding rounds to date.
AGMO is dedicated to revolutionizing the agricultural sector by providing advanced technological solutions. The company is engaged in developing fully autonomous driving systems, crop management through big data, and integrated farm management tools. These solutions are designed to reduce labor and optimize farming processes, aiming to create a future where farmers efforts are supported by cutting-edge technology. AGMO operates primarily in the AgriTech space, addressing challenges in precision farming and farm efficiency.
AGMO's top competitors include Ire IS Co and tobesystem.
AGMO offers Fully Autonomous Driving Solution, Crop Management Solution, and Farm Management Solution.
AGMO has 2 investors. Key investors include Kyong Nong, and FuturePlay.
AGMO operates through ,.