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South Korea’s agtech startup Greenlabs raises $140M Series C to accelerate global expansion

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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.

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