
Smart Food Networks
Logistics services and cold storage for food brands.
Date | Investors | Amount | Round |
---|---|---|---|
N/A | €0.0 | round | |
investor investor investor investor investor investor investor investor | €0.0 | round | |
* | N/A | KRW15.0b Valuation: KRW200.0b | Series C |
Total Funding | 000k |
Related Content
Smart Food Networks, established in South Korea in 2020, offers advanced e-commerce logistics and cold storage solutions for food businesses. The company integrates logistics with technology to support food brands operating in the digital marketplace.
The firm was co-founded by CEO's Sung-soo Cho and Jung-eun Heo. Its services aim to solve key challenges for restaurant owners related to menus and ingredients, while simplifying operational tasks. Smart Food Networks operates on a cloud-based platform that connects food ingredient distribution, logistics, and store data. Key offerings include 'Chabyulhwasanghoe', a food ingredient mall launched in June 2023, and 'OesigUP', a franchise food material distribution solution launched in December 2024. The company also provides a simple sales management tool called 'Chabyulhwajangbu' and a fulfillment management platform named 'Sellerspace'.
Smart Food Networks has achieved significant growth, marked by multiple funding rounds, including a Series B in November 2023 that raised $30.1M, bringing its total funding to $38.4M. Its investors include E&Investment, Everbest Partners, Hana Securities, KB Securities, and Octagon Venture Partners. A major milestone was the merger and acquisition of S-Food, a food products company, in March 2023. The company has expanded its physical infrastructure with the opening of several logistics centers, including the Osan integrated logistics center in May 2023.
Keywords: e-commerce logistics, cold storage solutions, food business technology, food ingredient distribution, restaurant operations platform, logistics services, franchise food distribution, food supply chain, warehouse management, food tech
Investments by Smart Food Networks
Edit