About B2B AgriTech sector in Shenzhen, China
The B2B AgriTech sector in Shenzhen, China comprises 108 companies, including 18 funded companies having collectively raised $103M in venture capital money and private equity. Out of these, 5 are Series A+ funded.
B2B AgriTech sector in Shenzhen, China has seen 1 IPO.
This sector includes companies offering tech-enabled B2B solutions in the Agriculture sector.
Companies offering technology-driven solutions for the B2B segment in the agriculture sector are included in this sector. Companies offering a traditional solutions for B2B segment and either tech-driven or traditional solutions for B2C segment in the agriculture sector are excluded.
Key Metrics
Total Companies
Top Companies
Total Funding
Funded Companies
Series A+ Companies
Series C+ Companies
IPOs
Top B2B AgriTech Companies in Shenzhen, China
There are 108 B2B AgriTech startups in Shenzhen, China which include Dafengshou, Mars Hydro, Tian Tian Xuenong, Ecospeed, Nongfadai. Out of these, 18 startups are funded, with 5 having secured Series A+ funding.
Over the past 10 years, an average of 2 new companies have been launched annually. Notably, several of these startups have been founded by alumni of Hong Kong University of Science and Technology (HKUST).
Here is the list of top B2B AgriTech startups in Shenzhen, China

1. Dafengshou
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.
Key facts about Dafengshou
- Founded Year: 2014
- Location: Shenzhen (China)
- Stage: Series C
- Total Funding till date: $73.3M
- Investors: China Growth Capital, Matrix Partners China and 1 Other
- Latest Funding Round: Series C, Mar 29, 2019, $*****
- Tracxn Score: 40/100 What is this?
- Competitors Rank: 1 of 18 Competitors
2. Mars Hydro
Provider of LED Lighting solutions for indoor farming. Uses LED lights manufactured by Epistar and Cree. It has developed a Spectra Reflector system (patented) which it claims acts as an efficient lens and focusing technology that collects and fuses light emitted from LED chips compared to traditional grow lights equipped with a plastic lens that blocks the light.
Key facts about Mars Hydro
- Founded Year: 2009
- Location: Shenzhen (China)
- Stage: Unfunded
- Tracxn Score: 36/100 What is this?
- Competitors Rank: 614 of 6,168 Competitors
Online agricultural education platform empowering farmers with skills and knowledge. It is a B2C and B2B platform focused on agricultural vocational education and online training, dedicated to cultivating new professional farmers. It comprehensively serves agricultural, urban, and enterprise users, conducting university-enterprise cooperation to deeply cultivate new agricultural science and contribute to rural revitalization. The platform develops courses covering crop cultivation, animal husbandry and aquaculture, business management, brand marketing, and horticulture and gardening. It aims to comprehensively improve the professional skills of agricultural practitioners through online teaching, skills certification, offline study tours, and public welfare activities, promoting the comprehensive development of farmers, agricultural enterprises, and local agricultural industries. It extends pan-agricultural skills such as landscape gardening to cities, promoting the harmonious coexistence of cities and nature and improving the quality of life of urban residents. The platform offers online learning, certificate verification, and a community for agriculture professionals. It uses AI tools for pest and disease identification, AI weighing, and AI fruit counting. It provides career training, vocational training, and skill-based training. The platform offers subscription-based access to its content.
Key facts about Tian Tian Xuenong
- Founded Year: 2017
- Location: Shenzhen (China)
- Stage: Series C
- Investors: Green Pine Capital Partners, Matrix Partners China and 1 Other
- Latest Funding Round: Series C, Apr 16, 2024, $*****
- Tracxn Score: 33/100 What is this?
- Competitors Rank: 22 of 460 Competitors
4. Ecospeed
Ecospeed is a company engaged in the manufacturing and supply of LED grow lights for indoor agriculture. The company offers a complete range of LED lights for indoor agriculture, vertical farms, greenhouses, etc and its product portfolio includes UFO led grow light, led tube light, led bulb, led grid light, led spotlight, etc. It also offers customised products as per the requirement of the client. It markets its products under the brand name of "Ecospeed".
Key facts about Ecospeed
- Founded Year: 2012
- Location: Shenzhen (China)
- Stage: Unfunded
- Tracxn Score: 30/100 What is this?
- Competitors Rank: 34 of 538 Competitors
5. Nongfadai
Nongfadai is a P2P platform for agricultural loans. Platform connects lenders with borrowers seeking agricultural loans. Offers loans for harvesting, agricultural credit, auto loans for farming, winter storage credit, dealers, and other agricultural supply chain financing.
Key facts about Nongfadai
- Founded Year: 2015
- Location: Shenzhen (China)
- Stage: Series A
- Total Funding till date: $5.97M
- Investors: Deep Ventures
- Latest Funding Round: Series A, Jul 20, 2016, $*****
- Tracxn Score: 28/100 What is this?
- Competitors Rank: 2 of 10 Competitors
Companies founded year-on-year in the B2B AgriTech sector in Shenzhen
6 B2B AgriTech startups in Shenzhen were founded in 2021 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | - |
2025 | - |
2024 | 1 |
2023 | - |
2022 | 2 |
2021 | 6 |
2020 | 2 |
2019 | 5 |
2018 | 5 |
2017 | 5 |
Stage-wise distribution of B2B AgriTech sector companies in Shenzhen
Out of the total 108 B2B AgriTech companies in Shenzhen, 18 have secured funding. Among them, 5 have reached Series A or higher, and 3 to Series B or beyond.
Founded - 108
Funded - 18
Series A+ - 5
Series B+ - 3
Series C+ - 3
Company Stage | No. of companies |
|---|---|
Founded | 108 |
Funded | 18 |
Series A+ | 5 |
Series B+ | 3 |
Series C+ | 3 |
Funding Trends in the B2B AgriTech sector in Shenzhen
Recent Funding Rounds in B2B AgriTech in Shenzhen
In the year 2024, till April 2024, B2B AgriTech companies in Shenzhen have raised equity funding across 1 round.
Here are some recent, important funding rounds in B2B AgriTech companies in Shenzhen:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series C | 5281 | Apr 16, 2024 | - | |
Series C | 3648 | Dec 30, 2021 | ||
Seed | 5632 | Aug 23, 2021 | - | |
Seed | 6806 | Jul 06, 2021 | - | |
Series B | 5080 | Jun 25, 2021 | - |
Top Investors in B2B AgriTech in Shenzhen
SOSV is the top investor in B2B AgriTech companies in Shenzhen based on number of companies invested.
Here are some top investors in B2B AgriTech companies in Shenzhen:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Cork (Ireland) | - | |
Sunnyvale (United States) | - | |
Singapore (Singapore) | - | |
Beijing (China) | - | |
San Francisco (United States) | - |
Top News in B2B AgriTech in Shenzhen
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