Korean AgTech startup Greenlabs has signed an MoU with the Korean Government’s Rural Development Administration (RDA) that allows Greenlabs to use Government collected public and commercial agricultural data in its systems and analytics.

The MoU opens the way for cooperation between the two organisations to combat the growing food crisis by conducting collaborative carbon reduction projects and developing AI-based solutions.

The MoU aims for close cooperation of the two companies in the following areas: building an agricultural data ecosystem for digital expansion in agriculture, disclosing agricultural data to create new services and solve pending agricultural issues, developing an agricultural data analysis cloud to promote data usage, conducting carbon reduction projects to combat climate change and food crisis, developing big data and AI-based solutions, and exchanging domestic and foreign information concerning agricultural data and organizing joint projects.

Greenlabs focuses on the digital transformation of the agricultural sector. The company provides the agricultural platform ‘Farm Morning’ and agricultural product distribution platform ‘Sinsun Hi.’

Farm Morning’s digital solution service includes agricultural franchise, farm construction, crop cultivation, and distribution sales.

Using the public agricultural data now available to them, Greenlabs plans to upgrade the existing Farm Morning service and expand into new businesses such as carbon neutrality and international markets.

“This data cooperation with the RDA will accelerate and expand the innovation in digital agriculture”, said Ahn, the CEO of Greenlabs. “With our service ‘Farm Morning,’ which has recently exceeded 650K users in Korea, Greenlabs will expand the value of agricultural data and lead agricultural innovation both in overseas as well as in South Korea”, the CEO added.

The Rural Development Administration(RDA) is Korea’s representative government department in charge of rural and agricultural development. It leads innovation in agricultural technology on behalf of the Government, solving high priority issues like the climate crisis and carbon neutrality through digital transformation in agriculture. It is a key organization that ensures food security within Korea.