The Korea Agricultural Technology Promotion Agency (Director Ho-geun Ahn, hereinafter referred to as ‘Rural Development Institute’) held the ’26 Agricultural Food Tech Start-up Fair (AFRO 2023 ) was held.
Hosted by the Ministry of Agriculture, Food and Rural Affairs and supervised by Rural Development Institute, NH Nonghyup, COEX, and the Korea Food Tech Council, this expo will be held for three days until the 28th (Fri), and promising companies in the field of Agtech and Foodtech will go beyond Unicorn to DecaCon. It is designed to help you grow. It was planned as an agri-food tech expo specialized in the startup ecosystem, such as investment, market, technology, and networking, beyond simply displaying and selling products on site.
A total of 250 organizations, including promising start-ups in the agri-food field such as Agtech, Foodtech, and Green Bio, as well as large corporations, investment companies, and public institutions, will participate in this expo, which is the first and largest in the agri-food tech sector in Korea. The exhibition hall consists of exhibition booths for each future agricultural theme, such as Agtech, Foodtech, and Green Bio, and various side events using a special stage and conference hall are also held.
In the field of AgTech, which leads innovation by applying cutting-edge ICT technologies such as AI (artificial intelligence) to crop cultivation and livestock farming, smart farm solution companies such as Avalve, Iocrops, and FarmPro, and agricultural robot companies such as Gint and Rendezvous are leading innovation. participate in large numbers
Hanwooyeon, Deep Plant, Grand Machan, Jeonjeon, Enough U, etc. can be seen as companies in the food tech field that converge advanced technologies in the process of food production, distribution, and consumption.
In the field of green bio, which creates new added value by combining advanced bio and life science technologies with agriculture and food fields, companies such as Roots Lab, Neuropack, Green Continue, Nanu, and Panse will participate.
During the fair, various side events are also held to strengthen networks with domestic and foreign private investors. ‘KOAT Demo Day’ to promote agri-food startups fostered by the Korea Agricultural Technology Promotion Agency and expand investment attraction opportunities is linked with the ‘pre D.DAY’ program of the D.CAMP Foundation for Youth Entrepreneurship in the Banking Industry Programs such as individual in-depth meet-ups (1:1 matching between investors and startups) are also planned to expand investment attraction opportunities for companies participating in the agri-food venture start-up vitalization support project.
In addition, △conferences to review the current status of the agri-food investment ecosystem and discuss development directions △programs for market support such as venture fostering company MD fairs and MD meetups △state-owned patent technology briefings, technology transfer consultations, and open innovation (OI) vitalization Technology-linked programs such as the ‘Startup Open Antenna’ talk show and △ mock IR of global accelerating support companies will also be held.
Ahn Ho-geun, director of the Rural Development Institute, said, “The main characters of AFRO 2023 are the people involved in agri-food startups. Rongjinwon will do its best to promote the growth of agri-food startups and the venture startup ecosystem as a director who makes the main character stand out. It is expected that the startups participating in this startup fair will be able to grow into unicorn companies in the near future. To this end, I would like to ask for your interest and support from all of you gathered here. The Korea Agricultural Technology Promotion Agency will also sincerely support agri-food start-ups.”
Meanwhile, at AFRO 2023, the largest Agtech & Foodtech event in Korea, domestic startups with global growth potential in Agtech, Foodtech, and Green Bio will exhibit products and services to solve various problems in the agriculture and food industries, Various programs such as conferences discussing the present and future of Agtech and Foodtech and investment briefings (IR competitions) are held. This exhibition is hosted by the Ministry of Agriculture, Food and Rural Affairs and supervised by the Korea Agricultural Technology Promotion Agency, NH Nonghyup, COEX, and the Korea Food Tech Council.