ioCrops

ioCrops

AI-powered farm management and optimization platform.

HQ location
South Korea
Launch date
Employees
Enterprise value
$23—35m
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ioCrops offers a data-driven platform for smart farm management, leveraging artificial intelligence to enhance agricultural productivity and sustainability. The company's core product, the 'iCrops' service, collects and analyzes complex data from greenhouses, including climate, substrate, and crop growth information. By processing this data through its AI models, the platform provides growers with actionable insights and predictions, enabling them to optimize their cultivation strategies, improve yield, and reduce resource consumption. The service is aimed at modern greenhouse operators and agricultural enterprises seeking to implement precision farming techniques. Their business model is likely based on a Software-as-a-Service (SaaS) subscription.

The company was founded in 2018. The founding team includes CEO Jin-seong Jo, who studied agricultural machinery engineering, and CTO Gwan-hyeong Kim, who has a background in electrical engineering and robotics. Their combined expertise in agriculture and technology spurred the creation of ioCrops, aiming to solve the challenges of modern agriculture through data science.

Keywords: AgTech, smart farming, precision agriculture, greenhouse optimization, crop management software, agricultural AI, data analytics, crop yield, sustainable agriculture, SaaS

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