About Nexton
Nexton is a company based in Seoul (South Korea) founded in 2017 by Jaebin Choi. It operates as a AgriTech Models, and Direct-to-Consumer (D2C). Nexton offers products and services including Strawberry and Herbal Materials. Nexton operates in a competitive market with competitors including BOWERY FARMING, 80 Acres Farms, YASAI, Local Bounti and Fieldless, among others.
- Headquarter Seoul, South Korea
- Founders Jaebin Choi
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Sectors
Agriculture
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Email
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Phone
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Website
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Social
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- Legal Name Nexton Corporation
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Annual Revenue
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Net Profit
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Products & Services of Nexton
Nexton offers a comprehensive portfolio of products and services, including Strawberry and Herbal Materials. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Strawberries are grown indoors with innovative farming technology.
Herbal materials are cultivated using advanced indoor techniques.
Funding Insights of Nexton
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Nexton
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Nexton
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nexton Comparisons
Competitors of Nexton
Nexton 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 BOWERY FARMING, 80 Acres Farms, YASAI, Local Bounti and Fieldless, 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 |
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Green leafy vegetables are produced via AI-based indoor vertical farms.
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Indoor hydroponic farming of vegetables and herbs is provided.
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Developers and operators of smart vertical farming systems for sustainable crop production
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Owns and operates agricultural farm
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| domain | founded_year | HQ Location |
Indoor automated vertical farming systems are operated for year-round produce.
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Vertical farming technology is delivered for controlled environment agriculture.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Nexton
When was Nexton founded?
Nexton was founded in 2017.
Where is Nexton located?
Nexton is headquartered in Seoul, South Korea.
Who is the current CEO of Nexton?
Jaebin Choi is the current CEO of Nexton. They have also founded this company.
What does Nexton do?
Nexton is focused on vertical indoor farming, utilizing differentiated technology to grow safe and healthy produce. The company operates in the agriculture sector, offering eco-friendly vegetables and fruits like strawberries with consistent quality year-round. Innovative solutions such as optimized LED lighting, ICT for crop environment control, and a 100 recirculating nutrient system are employed to minimize waste and energy use. Automation and modular vertical cultivation designs are implemented to reduce installation costs, contributing to sustainable farming practices for both people and the planet.
Who are the top competitors of Nexton?
Nexton's top competitors include Intelligent Growth Solutions, 80 Acres Farms and BOWERY FARMING.
What products or services does Nexton offer?
Nexton offers Strawberry and Herbal Materials.