36氪首发｜「新果农业Singrow」完成数百万美元A轮融资，青山资本、Finc International领投

Core Insights - Singrow has recently completed a multi-million dollar Series A funding round led by Qingshan Capital and Finc International, with existing investors AgFunder and Ritz Venture Partners participating [1] - The funding will primarily be used for technology research and market expansion [1] - Singrow focuses on developing climate-resilient crop varieties, particularly strawberries, which have been commercialized in multiple regions including Singapore, China, Indonesia, and Thailand [1] Company Overview - Founded in 2019 in Singapore, Singrow leverages molecular breeding technology to develop crop varieties that can thrive under challenging climate conditions [1] - The company’s business model encompasses the entire agricultural value chain, from seedling production to planting solutions and sales management [1] - The founder, Dr. Bao Shengjie, has over 10 years of experience in plant physiology, molecular biology, and crop breeding [1] Market Demand and Product Development - There is a significant demand for high-quality strawberries globally, but many regions lack the necessary growing conditions [3] - Singrow aims to address this gap by developing heat-tolerant strawberry varieties that mimic the flavor and texture of Japanese strawberries while being easier to cultivate [3] - The company has successfully developed eight different strawberry varieties, with some able to flower in temperatures as high as 20 degrees Celsius, compared to the traditional requirement of 8-10 degrees Celsius [3] Business Expansion Strategies - In 2023, Singrow plans to expand its market presence in China by introducing summer strawberry cultivation and offering comprehensive plant factory solutions [4] - The company has achieved an average yield of approximately 3,000 pounds per acre in Shaanxi after one and a half years of cultivation [4] - Singrow aims to form a coalition for summer strawberry cultivation in Northwest China, targeting both domestic and export markets [4] Key Business Segments - Singrow's operations can be categorized into three main areas: climate-resilient strawberry cultivation, comprehensive plant factory solutions, and agricultural service offerings [5] - The plant factory solutions include providing clients with a complete set of services, from seedlings to operational management, allowing clients to focus on initial infrastructure investment [5] - The company is also developing a circular plant factory model in Singapore and Houston, integrating mushroom production with strawberry cultivation to enhance sustainability and reduce costs [5][6] Future Market Focus - The domestic market is currently the primary revenue source for Singrow, but the company plans to expand into the Middle East and Southeast Asia [7] - The Middle East presents a unique opportunity due to its low supply of high-end fruits and vegetables, which Singrow's resilient varieties can help address [8] - The commercial viability of plant factories in these regions is expected to improve as electricity costs decrease, making it an attractive solution for local agricultural production [8]