CNT Tech (CEO Jeon Hwa-seong) announced that it has invested in Growise (CEO Yoon Young-beom), an eggtech company providing AI-based agricultural decision support and vertical farm automation solutions, through CNT Tech's 22nd investment fund. The investment amount was not disclosed.
Growise focuses on addressing the high cost structure and reliance on specialized personnel, key challenges facing the smart farm industry. With the goal of reducing labor and operating costs in real-world agricultural settings, Growise has developed an unmanned automated cultivation system and a generative AI-based decision-making platform, GrowPlan.
Growise's Groiplan AI, targeted for release in the first half of 2026, utilizes large-scale cultivation data and agricultural research papers to enable even non-experts to operate farms at an expert level. This approach aims to simultaneously improve smart farm operational efficiency and profitability.
This technology and business model are also achieving success in overseas markets. Growise is accelerating its global expansion by expanding strategic partnerships, particularly in Japan and Saudi Arabia. In Japan, it has partnered with agricultural innovation company AML to build a vertical farm for cultivating functional vegetables. Furthermore, it plans to jointly develop a cultivation bed and automation system tailored to the Japanese market with the Nihon Display Center, with a plan to launch a pilot program by 2026.
In Saudi Arabia, we collaborated with Worldbridge Al Saudi, a major infrastructure company, to shorten the lead time for securing land and obtaining permits, which were considered major obstacles in the process of building smart farms.
Yoon Young-beom, CEO of Growise, stated that this investment is the result of the market verifying the innovative model of smart farm profit structure, and that he will create a new standard for smart farms that can generate stable profits anywhere in the world.
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