Best Crop Tech Companies in China

Community e-commerce platform empowering local stores and transforming consumer lifestyles. Operates on a "pre-sale + self-pickup" model, enabling online ordering with next-day local pickup. Focused on revitalizing local stores, empowering upstream suppliers, and changing consumer lifestyles. The company emphasizes user experience, cost reduction, and in-depth market penetration. It has a self-built logistics network with a three-tier system ensuring product quality and timely delivery, connecting agricultural products to urban areas and industrial goods to rural communities. The platform offers opportunities for supplier onboarding, store partnerships, and career openings. It aims to revitalize millions of physical convenience stores, connect global brands to countless households, and transform the way families live.

Funding rounds

• Jul 2021Series D$300M
• Feb 2021Series D$3B
• Jan 2021Series C$100M
• Dec 2020Series C$700M

Founders & team

Zhou YingjieCo-FounderLiu HuiyuCo-FounderLihua YueCo-Founder

Investors

Ontario Teachers' Pension Plan, Tencent, FountainVest Partners, Primavera, KKR, Tiger Global Management

Innovative e-commerce platform connecting consumers with a wide range of products. It is a dynamic online marketplace facilitating transactions between buyers and sellers. The platform emphasizes value and accessibility, offering a diverse selection of goods through its website and mobile application. It focuses on social commerce, encouraging users to share and discover products through their networks. The company provides services for merchants, including onboarding, support, and tools to manage their online stores. It also offers customer service and dispute resolution to ensure a positive shopping experience. The platform is committed to consumer protection and intellectual property rights. It operates a B2C model, leveraging technology to create a seamless and engaging shopping experience.

Funding rounds

• Dec 2020Post IPO$500M
• Mar 2020Post IPO$1.1B
• Sep 2019Post IPO$875M
• Apr 2018Series D$3B

Founders & team

Lei ChenCEO

Investors

Banyan, Hillhouse, Boyu Capital, Tencent, New Horizon Capital, IDG Capital

Tech stack

BabelCore-JsExpressHstsHttp/3Java

Manufacturer of agricultural drones, robots, autopilot consoles, and smart farm systems. The company offers drones for spraying, spreading, field mapping, and logistics. Agricultural rovers are available for plant protection and farm material delivery. The autopilot consoles bring automated steering to tractors. Smart fertigation systems and IoT products extend automation to irrigation and nutrient management.

Funding rounds

• Sep 2023Series C—
• Mar 2021Series C$46M
• Nov 2020Series C$181.6M
• Sep 2014Series A$20M

Founders & team

Bin PengCo-FounderJustin GongCo-Founder

Investors

GL Ventures, Chengwei Capital, Chuangxin Innovation Works, SoftBank Vision Fund, Yuexiu Financial Holding Group, Haitou Global

Tech stack

Alibaba Cloud CdnAnt DesignAxiosBaidu Analytics (百度统计)Core-JsGoogle Analytics

Online distributor of groceries facilitating group buying. It provides a platform for farmers, retailer, and others in the food retail chain. Customers can buy farm produce in groups through neighbourhood stores listed on the platform.

Funding rounds

• Mar 2021Series D$750M
• Nov 2020Series C$196M
• Jul 2020Series C$80M
• Jun 2020Series C$81.4M

Founders & team

Wang PengCo-Founder

Investors

Zhen Fund, Qiming Venture Partners, Joy Capital, Alibaba Group, China Growth Capital, Alibaba

B2B platform offering multi-category farm products. The company offers an online fresh food aggregator platform designed to connect farmers and restaurants. The company allows customers including businesses and restaurants order directly from the farms, enabling farmers to sell vegetables directly to restaurants. The product catalog includes vegetables, fruits, meat, seafood, and more.

Rural financial services provider empowering communities in remote areas. The organization focuses on providing financial support and services to rural populations, particularly in areas with limited access to traditional banking. It operates across numerous villages, aiming to improve livelihoods and foster economic development. Through its initiatives, the company facilitates access to essential financial resources, promoting self-sufficiency and growth within these communities. The organization also emphasizes social impact through charitable programs, offering assistance to families facing hardship within its operational areas. This includes providing emergency financial aid and support through collaborative efforts with partners and employee contributions, demonstrating a commitment to the well-being of the communities it serves.

Online B2C platform for imported fruits. It main products are mid and high end fruits, including imported fresh fruits and domestic fresh fruits. It has built a direct platform between suppliers and consumers with self-built cold storage and cold-chain logistics. It has multiple ordering channels, such as website ordering, telephone ordering, TV ordering, direct supply to company, and physical store service.

Innovative agricultural service platform providing solutions for farmers and agricultural businesses. The platform offers a range of services including an agricultural e-commerce marketplace, smart agriculture solutions, and production management services. It caters to individual farmers, large farms, government entities, and research institutions. The company focuses on improving agricultural production efficiency and quality through technology and comprehensive service offerings. Services include precision agriculture, digital agriculture infrastructure, and agricultural Internet of Things technologies. The platform also supports local agricultural industries through technology promotion, talent development, and brand building. It provides a suite of smart agriculture solutions, including technical support, equipment application, and training, leveraging AI and big data for precise environmental analysis and yield prediction. The company aims to empower the agricultural sector with technology-driven solutions and comprehensive support services.

Funding rounds

• Mar 2019Series C—
• Aug 2018Series B$29.1M
• Jun 2017Series B$44.2M
• Jan 2016Series A—

Founders & team

Tan ZexinFounderYan ZitongCo-FounderMatt YanCEO

Investors

Matrix Partners China, China Growth Capital, Orchid Asia Group

Agricultural machinery solutions provider specializing in cotton pickers and harvesting equipment. The company offers a comprehensive range of large agricultural machinery, including tillage machinery, planting machinery, sprayers, harvesters, and plastic recycling services. Their product line encompasses ploughs, power harrows, grain seeders, cotton seeders, vegetable transplanters, tractors, self-propelled cotton pickers, basket balers, grain harvesters, and forage harvesters. They provide services, cases, and support, including operator training programs. The company focuses on improving agricultural mechanization and customer satisfaction through maintenance and after-sales support. They operate globally, offering solutions for efficient harvest progress and sustainable agricultural practices.

Urfresh is an online retailer of imported fruits. Imports fruits from Korea, Japan, Germany and United States. Was handling a daily average of 30k orders as of Dec 2015. Won China eCommerce best growth award for 2015. Follows a centralised distribution model in high-frequency districts. Raised $30M in its Series B round of funding.

Funding rounds

• Oct 2017Series B$15.2M
• Mar 2016Series B$30M
• Aug 2015Series A$10M

Founders & team

Wang HaihuiCo-FounderZhu PengchengCo-Founder

Investors

Haier Capital, Capital Today, Fengshang

Digital platform providing integrated services for the fishing industry. It is a Chinese tech firm developing a digital platform that connects fishermen and seafood distributors. They leverage cloud computing, big data, and internet technologies to provide services such as Wi-Fi installation and supply chain management.

Funding rounds

• May 2018Series C$31.4M
• Apr 2017Series B$10.2M
• Mar 2016Angel—

Founders & team

Ye NingFounder

Investors

AirTAC, Shunwei Capital, Vision Plus Capital, Shell Ventures

Provider of an open agricultural and rural information construction system