AIOFARM

Seongnam-si, South Korea Founded: 2021 • Age: 5 yrs
Agricultural products are sorted automatically using AI and computer vision.
Annual revenue - Latest available
Total funding $2.6M 1 rounds
Employees - Tracked headcount
Investors - Known backers
Products 1 Services tracked
Competitors 10 Brand Intelligence

About AIOFARM

AIOFARM is a company based in Seongnam-si (South Korea) founded in 2021. AIOFARM has raised $2.62 million across 1 funding round. AIOFARM offers products and services including AI Solutions. AIOFARM operates in a competitive market with competitors including Bomill, QualySense, Marsh Harrier, Insort and RKG Enterprises, among others.

  • Headquarter Seongnam-si, South Korea
  • Sectors
    Agriculture
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Legal Name Aiofarm Corp.
Operational Areas
Agriculture → Agricultural Technology & Innovation Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $2.62 M (USD)

    in 1 rounds

  • Latest Funding Round
    $2.62 M (USD), Series A

    Mar 08, 2024

  • Investors
    Not available
  • Employee Count
    Not available
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Products & Services of AIOFARM

AIOFARM offers a comprehensive portfolio of products and services, including AI Solutions.

Product name locked
Category locked
Primary

AI tools for enhancing agricultural practices and efficiency

Funding Insights of AIOFARM

AIOFARM has successfully raised a total of $2.62M through 1 strategic funding round. The most recent funding activity was a Series A round of $2.62 million completed in March 2024. 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.

Investments & Acquisitions by AIOFARM

Investments
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Investment portfolio details for AIOFARM

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Financial Statements - AIOFARM

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Detailed financials for AIOFARM

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Aiofarm Comparisons

AIOFARM Primary company
Description
Agricultural products are sorted automatically using AI and ...
Location
Seongnam-si, South Korea
Founded Year
2021
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for AIOFARM

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Competitors of AIOFARM

AIOFARM operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Bomill, QualySense, Marsh Harrier, Insort and RKG Enterprises, among others.

Company Name Domain Founded year HQ Location Description
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Wheat sorting systems are developed and manufactured for agriculture.
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Autonomous robots for grain sorting and grading are developed.
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Manufacturer and supplier of grading and sorting equipment
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Law enforcement services for a county in Austria are provided.
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Supplies and markets color sorter machines for grains and tea globally.
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IoT and AI-based platform for autonomous food monitoring is provided.
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Detailed competitors of AIOFARM

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Latest news on Aiofarm

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Frequently Asked Questions about AIOFARM

AIOFARM was founded in 2021 and raised its 1st funding round 3 years after it was founded.

AIOFARM is headquartered in Seongnam-si, South Korea. It is registered at Seongnam-si, Gyeonggi-do, South Korea.

Hojae Gwak is the current CEO of AIOFARM.

AIOFARM is a funded company, having raised a total of $2.62M across 1 funding round to date.

Founded in 2021 in Seongnam-si, South Korea, the company operates in the agritech sector. Solutions are developed by combining artificial intelligence, computer vision, optical engineering, and electrical engineering. Automation is provided for grading and selecting agricultural products based on attributes such as size, color, defects, and abnormalities, supporting efficient processing in farming operations.

AIOFARM's top competitors include Bomill, Marsh Harrier and QualySense.

AIOFARM offers AI Solutions.

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