THELOGICALINDIAN - Green Labs a Seoul and San Francisco based startup beat acute agriculture application Internet of Things IoT has completed its Series B annular The 18 actor annular was headed by one of South Koreas arch blockchain adventure basic firms Hashed bringing Green Labs fundraising absolute to 28 actor to date The basic will acquiesce the startup to assignment appear its goals faster including affairs to aggrandize animal assets beyond all areas of its operations
Green Labs already has an avant-garde alive belvedere and 20,000 chump user base, but expects to quintuple its users to 100,000 over the abutting six months afterward this development.
Smart Farming Uses Data to Enhance the Entire Supply Chain
Beginning operations in 2017, Green Labs entered the Korean acute farming bazaar with a new way to strengthen crop assembly and distribution. The addition of its Farm Morning account created a belvedere to accumulated reliable abstracts and cocky administer agriculture procedures application AI, giving farmers added acumen into their crop lifecycle. Farmers can additionally use the abstracts aggregate to adapt their assembly and optimize their operations, all after the charge to be on-site.
Farm Morning’s Growth Ambiance Optimization Engine uses the advice calm from all the farmers on its belvedere to actuate the best crop growing environment. Further bottomward the product’s distribution, Farm Morning uses accessible bazaar abstracts and actual trends to advice farmers accept their best accessible sales channel.
Hashed Couldn’t Hold Back
The acute agriculture upgrades offered by Green Labs accountable Hashed to move aggressively to defended allotment for the company. Hashed aloft over $120 actor at the end of 2020, acceptance for the allocation of funds to projects that accept cogent abeyant to abound aural their corresponding industry, a move it fabricated with the abutting of the Green Labs Series B round.
The investors abaft Hashed’s $120 actor accession abide undisclosed, but the firm’s abetment has been attributed to some of South Korea’s best affecting infotech firms. With both Hashed and Green Labs accepting ability in the South Korean market, the duo accept caked a affiliation that promises a ablaze approaching for its calm agronomics sector, as able-bodied as internationally. CEO of Hashed, Seo-joon Kim, “expects Green Labs, a baton in the abstracts agronomics industry, to acquaint blockchain to body an agronomical abstracts agreement that innovates above assembly and distribution.”
The acute agronomics bazaar has already amorphous to authorize itself, with an estimated amount of about $4.9 billion, but there is still a lot of allowance to grow. With the accepted all-around agronomics bazaar continuing at $5 trillion, acute farming’s adeptness to access abundance beyond the absolute accumulation alternation will abide to advance its bazaar ascendancy to new levels. Companies that accommodate acid bend agronomical tech solutions like Green Labs will abide to body out the approaching of the agronomics economy, an industry that is accomplished for disruptors.
