nthing |

We make Product and Service to make everyone to be a farmer for a sustainable, fresh and safe food for our future.

  • Business
  • Seoul , South Korea
  • Founded 2014

Raising $ 10,000,000

Investment



D-47

         

The Goal

nthing wants to Raise $10,000,000
To expand business to Asia Market(Middle East, Singapore, Hongkong and China)



Background

• We've sold first Cube(Container vertical farm) to the hotel chain in Denmark for $45,000/1 unit

• Also, Dealing with LG life&care and Samsung Wellstory to sell our product and fresh food.

• We are raising $10M to extend business to Asia for hiring great and smart people: Business and marketing, SW&Data&AI Engineers and build our own farm to grow a very functional crop and it will be provided to VIP healthcare center.

Pre-money Valuation

$50,000,000

Pitch Deck

Current View

Company Description

Nthing is an IoT technology based company aimed at the gardening and farming sector. Nthing was established in January 2014.

Nthing wants to connect people to nature through IoT technology.
Crews of Nthing define IoT device as a medium containing contents that make the world a be er place. Based on this shared vision, Nthing believes that everyone
can be a farmer with its technology. As a leading IoT startup,
Nthing works day and night to provide be er user experiences based on convergence of hardware, so ware and service.

Products & Services


PLANTY CUBE |

PLANTY CUBE is the modular vertical farm in a container which can be placed anywhere. Everyone can be a farmer for fresh and safe food.

Based on population growth and farmland decrease, there will be no food in the near future. In 2030, 8.4 billion people will need 150% food. And here is why farming is real future. Without food, we die.

So we want to make everyone be a sustainable, self-sufficient, on-demand farmer. Even though they didn’t know anything about farming.

[solution]
Planty cube, an internet connected auto farm which is designed for flexible and scalable using container. It contains all the facilities needed for production. Both H/W and S/W
- Farm as a Product: Our farm can be delivered to any place and we designed every single component that can be easily assembled as electronic devices. This Farm has 40X more productivity than an ordinary farm system for fresh food.
- Farm as a Service: On-demand farming platform. It's totally new food system on-demand. People and corporate can order fresh food on the platform and we grow and deliver it to them.

[Tech]
LED: We've developed LED light which can improve 30% more productivity by our test.
IoT Sensors: Modular IoT sensors which can monitor over 200 sensors at the same time.
Cultivation methods: We have IP and Data for over 50 crops and functional crops.

[Market]
Vertical farm market is growing fast, it's over 13BN in 2024.
Our tarket customers are Hotels, Hospitals, Food companys, Restaurant and cafe owners.
We've already sold our farm and it's system to the hotel chain in Denmark.

[Price]
Product: $45,000 / 1 unit(40ft container)
Service: $2,000 /1 unit, Month







Featured Team

Name Bio Contact
Leo Kim Undisclosed

Message


Funding

| Total Funding Amount: $792,894

$ 200,000 ($ 200,000) | June 2016 | Series A

Investor Name Description Country
Empower Investment Our investment covers early-stage ventures, mid-stage growth and securities in the public market. China


KRW 300.0 million ($ 266,200) | November 2015 | Series A

Investor Name Description Country
Korea Development Bank South Korea


KRW 50.0 million ($ 44,366) | October 2015 | Equity

Investor Name Description Country
INTOPS CO., LTD. South Korea


KRW 40.0 million ($ 35,493) | August 2015 | Equity

Investor Name Description Country
TriBeluga The China-focused incubator in the Korean startup community. Website: South Korea


KRW 250.0 million ($ 221,833) | February 2015 | Seed



$ 25,000 ($ 25,000) | October 2014 | Venture

Investor Name Description Country
SparkLabs Accelerator South Korea



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