N.THING Inc is a Seoul-based Agri-Food tech company established in January 2014, leading innovation in agricultural products and services in the farm-to-table food value chain. The company has gained recognition for its groundbreaking work, including the development of the world’s first modular vertical farm, CUBE, which offers scalability and mass productivity through a dedicated OS that optimizes crop environments for maximum efficiency. Notably, N.THING has received prestigious awards, such as the iF Design Award in 2020 and the Best of Innovation at CES 2020, marking a significant milestone in the agricultural sector. With a recent $21.00M Series B investment in October 2021 from prominent investors like InterVest Co., Ascendo Ventures LLC, Kiwoom Investment, SL Investment, KT&G Corporation, IGIS Asset Management, and E1, N.THING is gearing up for large-scale expansion after a successful Proof of Concept process in the UAE. This strategic investment positions N.THING to further disrupt the Agriculture, Big Data, Hardware, IoT, and AgriTech industries, driving innovation and sustainability in the global food supply chain.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series B | $21.00M | 7 | E1 | 03 Oct 2021 |
Series B | KRW12.00B | 6 | Woowa Bros, TBT +2 | 17 Sep 2020 |
Series A | $2.80M | 3 | TBT | 26 Dec 2018 |
Series A | $500.00K | 1 | 01 May 2016 | |
Series A | $1.75M | 1 | 30 Nov 2015 |
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