AVALVE
AI-powered automated smart farm management solutions.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor | €0.0 | round | |
* | N/A | N/A | Series A |
| Total Funding | 000k | ||
AVALVE Corp. is a South Korean agricultural technology startup founded in 2019 by Park Gyu-tae and Lee Won-jun. The company specializes in developing and providing artificial intelligence-based smart farm solutions. Its core business is centered around a proprietary AI platform that automates and optimizes crop cultivation in various controlled environments, including vertical farms, container farms, and greenhouses.
The company's technology facilitates the digital transformation of agriculture by enabling real-time data monitoring, automated crop management, and remote control of farming conditions such as light, water, and pH levels. AVALVE's system automatically collects and analyzes crop data through its self-designed algorithm to enhance productivity and efficiently manage resources. The services are designed for various types of smart farms and are compatible with third-party hardware, allowing for flexible integration. This system is particularly focused on high-value crops like strawberries and ginseng. AVALVE also offers smart farm consulting services, guiding clients through the entire process from design to operation.
The business model involves providing these AI-driven solutions and consulting services to a range of clients, from individual farmers to large corporations. A notable collaboration includes a partnership with Lotte Engineering & Construction to install cabinet-style smart farms in apartment complexes, allowing residents to cultivate and trade their own produce. The company has expanded its operations internationally, securing a presence in markets such as Vietnam and Thailand. In 2023, the founders were recognized in Forbes' 30 Under 30 Asia list for their contributions to the industry.
Keywords: smart farm solutions, agritech, artificial intelligence, vertical farming, controlled environment agriculture, automated crop management, agricultural data analytics, smart farming, precision agriculture, urban farming, indoor farming, hydroponics, sustainable agriculture, food security, ESG, crop consulting, agricultural automation, greenhouse automation, plant factory, high-value crops