Smart farm convergence company KS Farm Co., Ltd. and microbiome research company Biomeates Co., Ltd. are collaborating to enter the global smart farm market.
The two companies announced on the 5th that they signed a memorandum of understanding (MOU) to strengthen cooperation in verification and distribution of smart farm microbial products at the Biomeates corporate research center located in Gwacheon, Gyeonggi Province on August 29th.
Through this agreement, the two companies plan to pursue ▲ tomato demonstration and distribution at the Gyeongbuk Sangju Smart Farm Innovation Valley ▲ field verification and overseas market entry of microbial preparations ▲ cooperation on overseas smart farm projects in countries such as Saudi Arabia and Malaysia.
Under the agreement, KS Farm will leverage its smart farm operation experience and agricultural product distribution capabilities to purchase and distribute Biomeates' proven agricultural products and conduct validation of microbial preparations in overseas greenhouse projects. Biomeates will apply its proprietary microbiome complex strains to smart farm environments and conduct field trials and technology verification.
Through this collaboration, the two companies plan to establish an integrated value chain encompassing smart farm verification, data analysis, and overseas application, and based on this, launch a full-scale attack on the global agtech market.
KS Farm provides total solutions based on the 6th industrial revolution, encompassing everything from smart farm construction and operation to agricultural product distribution and food processing. It is also realizing a sustainable agricultural model through ICT and big data-based automated cultivation technology.
Biomeates is a bio venture company conducting research and development in various fields, including therapeutics, health functional foods, and agricultural microbial preparations, based on its microbiome complex strain design platform technology. Currently, the company is expanding its business into the smart farm sector, broadening collaboration opportunities in the global bio and agtech markets.
Meanwhile, Biomeates was selected as the 5th Daejeon company for IBK Industrial Bank's innovative startup incubation program, 'IBK Changgong'.
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