Green Labs

Seoul, South Korea Founded: 2017 • Age: 9 yrs
AI-powered cloud-based farm management system is offered for crop optimization.
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About Green Labs

Green Labs is a company based in Seoul (South Korea) founded in 2017 by Sang Hoon Shin.. Green Labs has raised $166 million across 4 funding rounds from investors including SK Square, BRV Capital Management and SkyLake Investment. Green Labs operates in a competitive market with competitors including xFarm, CropX, CropIn, Arable and Conservis, among others.

  • Headquarter Seoul, South Korea
  • Founders Sang Hoon Shin
  • Sectors
    Agriculture
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Green Labs Co., Ltd.
Operational Areas
Agriculture → Agricultural Technology & Innovation → →
Key Metrics
  • Annual Revenue
    $218.07 M (USD)
    190
    as on Dec 31, 2022
  • Net Profit
    $112.19 M (USD)
    805
    as on Dec 31, 2022
  • EBITDA
    $144.85 M (USD)
    1045
    as on Dec 31, 2022
  • Total Equity Funding
    $166 M (USD)

    in 4 rounds

  • Latest Funding Round
    $38.4 M (USD), Debt – Conventional

    Mar 30, 2023

  • Investors
    SK Square

    & 4 more

  • Employee Count
    Employee Count
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Funding Insights of Green Labs

Green Labs has successfully raised a total of $166M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $38.4 million completed in March 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
  • Total Rounds 4
  • Last Round Debt – Conventional — $38.4M
  • First Round

    (15 May 2020)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2023 Amount Debt – Conventional - Green Labs Valuation

investors
BRV Capital Management , SkyLake Investment
Jan, 2022 Amount Series C - Green Labs Valuation BRV Capital Management
SK Square , Skylake Capital
Jan, 2021 Amount Series B - Green Labs Valuation Hashed
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Investors in Green Labs

Green Labs has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include SK Square, BRV Capital Management and SkyLake Investment. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
SkyLake Investment
Buyouts are targeted through private equity investments by SkyLake Investment.
Founded Year Domain Location
SK Square
Venture capital fund investment in tech-startups
Founded Year Domain Location
Skylake Capital
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Amitabh Bachchan family office
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Signite Partners
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Sixteenth Street Capital
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
GGV Capital
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Green Labs

Investments
Company Name Description Domain Location Founded Year Amount
Bento Cloud
Bionic investment advisor platform
2016
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
GrabKios by Kudo
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Green Labs

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Green Labs Comparisons

Employees
+
Add Comparison
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Competitors of Green Labs

Green Labs 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 xFarm, CropX, CropIn, Arable and Conservis, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
xFarm
domain founded_year HQ Location
Farm management solutions are delivered via an IoT-sensor platform.
CropX
domain founded_year HQ Location
Provider of wireless sensors for soil moisture monitoring
CropIn
domain founded_year HQ Location
Provider of farm management software solutions utilizing artificial intelligence and earth observation technology for improved crop productivity and decision-making
Arable
domain founded_year HQ Location
IoT-based farm monitoring and crop management solutions are provided.
Conservis
domain founded_year HQ Location
Cloud-based farm management solutions are developed and offered.
Semios
domain founded_year HQ Location
Data and analytics are delivered for precision crop management.
Company Name Domain Founded year HQ Location Description
inDrive
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
Bolt
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
Gojek
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
Dunzo
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Green Labs

Frequently Asked Questions about Green Labs

When was Green Labs founded?

Green Labs was founded in 2017 and raised its 1st funding round 3 years after it was founded.

Where is Green Labs located?

Green Labs is headquartered in Seoul, South Korea.

Who is the current CEO of Green Labs?

Sang Hoon Shin is the current CEO of Green Labs. They have also founded this company.

Is Green Labs a funded company?

Green Labs is a funded company, having raised a total of $166M across 4 funding rounds to date. The company's 1st funding round was a Series B of $18M, raised on May 15, 2020.

What is the annual revenue of Green Labs?

Annual revenue of Green Labs is $218.07M as on Dec 31, 2022.

What does Green Labs do?

Green Labs was founded in 2017 in Seoul, South Korea, within the agritech sector. A cloud-based farm management system is provided, utilizing AI to analyze agricultural data. The Growth Environment Optimization Engine is featured, identifying optimal conditions for crop growth. IoT devices on farms are automatically adjusted based on insights, while essential information and support services are delivered to users.

Who are the top competitors of Green Labs?

Green Labs's top competitors include CropIn, xFarm and CropX.

Who are Green Labs's investors?

Green Labs has 5 investors. Key investors include SK Square, BRV Capital Management, SkyLake Investment, Skylake Capital, and Hashed.

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