Next Dream Angel Club announced on the 27th that it had invested in the pre-A bridge round of Midvar (CEO Seo Chung-mo), an aeroponics-based smart farm solution startup. The investment amount was not disclosed.
Midvar is a future agriculture startup that has developed aeroponics technology, which directly stimulates plant root growth through micronutrient solutions sprayed into the air. Compared to conventional hydroponic and soil-based cultivation methods, this technology reduces water usage and improves growth speed and space efficiency.
Building on this technological prowess, the company won the Best of Innovation Award at CES, the world's largest IT and technology exhibition, demonstrating its competitiveness in the global market. The CES Best of Innovation Award, awarded based on a comprehensive evaluation of technological perfection, innovation, and market applicability, is considered a significant achievement even among domestic agricultural tech startups.
This pre-A bridge round is a strategic investment step ahead of the regular Series A round, aimed at advancing technology advancement and expanding commercialization. With this investment, Midbar plans to focus on advancing its core aeroponics system, strengthening data-driven growth control technology, and expanding domestic and international demonstration projects.
A Next Dream Angel Club official said, “In a situation where water is emerging as a strategic resource due to climate change, Midbar possesses aeroponics technology that can drastically reduce water usage while simultaneously securing productivity and quality,” adding, “We judged that it has structural competitiveness that differentiates it from existing smart farms.”
Since its founding, Midbar has continuously refined its aeroponics-based smart farm solutions. Based on modular design and automated control technology, it supplies indoor smart farm systems to regions in need of agricultural infrastructure, including Mongolia, Jordan, and Uzbekistan. Through overseas demonstration and commercial projects, it is expanding its field operations and farm construction references.
In addition, the company is expanding its business areas to include food crops and high value-added crops by incorporating plant tissue culture technology, and is accelerating its global market conquest by strengthening the crop value chain from cultivation to propagation and production.
Seo Chung-mo, CEO of Midbar, said, “In 2026, we plan to focus on increasing the commercial stability of core aeroponics technologies, expanding sales based on demonstrations, and transforming our business structure to focus on overseas projects.” He added, “Our goal is to produce food crops through a mass-production air dome smart farm currently underway in Abu Dhabi, UAE, and lay the foundation for business expansion in the food security market.”
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