Green bio startup Save the Farms announced on the 10th that it has secured seed investment through Infobank's "Future Environmental Innovation Technology Fund." The investment amount was undisclosed.
Save the Farms is developing technology to convert organic waste and agricultural byproducts into biochar and eco-friendly resources, and plans to use this investment to accelerate the advancement of waste resource technology and the expansion of eco-friendly businesses.
The company contributes to soil health and carbon reduction based on its technology for converting various organic wastes, including agricultural byproducts, livestock waste, and marine debris, into high-performance fertilizers, feed, and bio-based raw materials. The company is expanding its market, focusing on companies and institutions seeking sustainable agriculture, carbon neutrality, and resource recycling solutions.
This investment is a testament to Save the Farms' strong technological prowess and environmental innovation capabilities, and is expected to provide momentum for the company's future commercialization of waste resource recycling technology and its entry into the global market.
As of 2024, Infobank is an early-stage investor that has invested KRW 20.9 billion in 83 companies and recovered KRW 8.9 billion from six companies, achieving a 17-fold return. As a TIPS operator, Infobank is recognized for its startup discovery and nurturing capabilities.
A Save the Farms representative stated, “Based on this investment, we will advance our biochar and eco-friendly resource technologies and expand our services to enable our customers in the agricultural and environmental sectors to utilize resources in a sustainable manner.”
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