N.THING Inc logo — An agri-food tech company leading innovation in agricultural...

N.THING Inc

An agri-food tech company leading innovation in agricultural product and service, in the farm-to-table food value chain.

Founded 2014 Korea South Korea South 11 employees Series B Total: $12.03B Agriculture, Big Data +3

General Information

Company Name N.THING Inc
Founded Year 2014
Location Korea South Korea South
Founders / Decision Makers
Team member
Employees 11
Industries Agriculture, Big Data, Hardware +2
Funding Stage Series B
Social

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About N.THING Inc

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.

Business keywords: agri-food tech, vertical farming, IoT technology, modular farming systems, smart farming, urban agriculture, hydroponics, indoor farming, sustainable agriculture, food value chain innovation, modular container farms, internet-connected farming, agricultural IoT sensors, data-driven agriculture, agricultural technology

Funding Rounds & Investors (7)

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Funding Stage Amount Investors Lead Investors Date
Series B $21.00M 7
InterVest Co., Ascendo Ventures LLC +5
03 Oct 2021
Series B KRW12.00B 6
Samsung Venture Investment, Eugene Investment +4
17 Sep 2020
Series A $2.80M 3
Spring Camp, UQI Partners Corporation +1
26 Dec 2018
Series A $500.00K 1
Empower Investment
01 May 2016
Series A $1.75M 1
Korea Development Bank
30 Nov 2015
Seed Round Undisclosed 2
Korea Venture Investment Corp, Intops Investment
01 Oct 2015
Seed Round $26.00K 1
SparkLabs Accelerator
10 Oct 2014

N.THING Inc Alternatives & Competitors

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N.THING Inc vs
INFARM
INFARM Germany

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N.THING Inc vs
AEssenseGrows
AEssenseGrows United States

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N.THING Inc vs
Farmshelf
Farmshelf United States

Smart indoor farms. Grow produce where you live, work and eat.

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FAQ About N.THING Inc

An agri-food tech company leading innovation in agricultural product and service, in the farm-to-table food value chain.
N.THING Inc was founded in 2014.
N.THING Inc is headquartered in Korea South.
N.THING Inc operates in Agriculture, Big Data, Hardware, IoT and AgriTech. Its work centres on agri-food tech, vertical farming, IoT technology and modular farming systems.
N.THING Inc has approximately 11 employees.
N.THING Inc has completed 7 funding rounds, raising a total of $12.03B. The latest funding stage is Series B.
Top alternatives and competitors to N.THING Inc include INFARM, AEssenseGrows, Farmshelf, Agria, Farmlyplace GmbH. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
N.THING Inc and INFARM are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for N.THING Inc, https://bouncewatch.com/company/nthing, updated 3 March 2025. When citing, please name BounceWatch and link this page.

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