GINT, a Korean agtech startup, has secured $9.8 million (14.5 billion KRW) in pre-IPO funding. The investment round is notable for attracting numerous strategic investors who will collaborate with the company in overseas market expansion and technology development.

Indonesian investment firm PT.Indo Agritech Investment, which has been supporting GINT’s entry into Indonesia, participated in the round. LIG Nex1 and IBK Capital invested through their jointly established “LIG Nex1-IBK Capital Defense Innovation New Technology Investment Fund No. 1.” Plan H Ventures, the corporate venture capital arm of Hoban Group, and Xplor Investment joined through the “Plan H-Xplor Green Smart City Venture Investment Fund.” Financial investors include the Korea Development Bank and Vilance Investment.

With this funding, GINT plans to accelerate overseas market development and agricultural robotics technology advancement. The company launched its autonomous driving kit “Fluva Auto” for agricultural use in 2022, based on electronic control and autonomous driving technology. The following year, it expanded into Indonesia and Japan, and has continued collaborating with institutions and companies in each country to develop advanced agricultural technology and introduce it to the market. GINT established a local subsidiary in Japan as a hub for overseas market development.

Beyond autonomous driving solutions, the company has AI-powered crop management programs, pest control robots, and electric tractors in development and demonstration stages. GINT aims to launch multiple products that address various agricultural crisis factors, including labor shortages and climate change.

Yonghyun Kim, CEO of GINT, expressed gratitude to the participating investment institutions despite challenging times and pledged to work closely with diverse strategic investors in this round. He emphasized the company’s commitment to sustained growth by expanding into new sectors such as defense, construction, and equipment.

Founded in 2015, GINT is preparing for a KOSDAQ listing with KB Securities as the lead underwriter. The company was recently selected as a beneficiary for the ‘2025 TSE Asia Startup Hub,’ a Tokyo Stock Exchange startup support program. To date, GINT has raised approximately $33.9 million (50 billion KRW) in cumulative funding.