
Greenlabs, a South Korean agtech startup, announced this week it has closed a $140 million Series C led by BlueRun Ventures, with participation from Skylake Incuvest and SK Square.
The startup plans to use the Series C, which brings its total raised to $170 million to date, to expedite its global expansion, make acquisitions and increase its headcount, Charlie Sanghoon Shin, co-founder and CEO of Greenlabs, told TechCrunch. Greenlabs’ pre-money valuation was around $700 million, according to a source familiar with the situation.