itk

Clapiers, France Founded: 2003 • Age: 23 yrs Acquired By Innoval
Developer of a software platform for farm data analytics and precision agriculture planning
Annual revenue - Latest available
Total funding $12.4M 3 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products 7 Services tracked
Competitors 9 Brand Intelligence

About itk

itk is a company based in Clapiers (France) founded in 2003 was acquired by Innoval in October 2023. itk has raised $12.36 million across 3 funding rounds from investors including EDF, BNP Paribas and Banque Populaire. itk offers products and services including FarmLife, Vintel, Prevent, Presto, and Heat Stress Protect. itk operates in a competitive market with competitors including The Climate, SatSure, Fyllo, Fieldin and Fasal, among others.

  • Headquarter Clapiers, France
  • Sectors
    Agriculture
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Itk Sas
Operational Areas
Agriculture → Agricultural Technology & Innovation Unlock Sub-Sector Unlock Segment
Technology → Geospatial, Imaging & Sensing Technology Unlock Sub-Sector Unlock Segment
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $12.36 M (USD)

    in 3 rounds

  • Latest Funding Round
    $11.31 M (USD), Series A

    Dec 09, 2021

  • Investors
    EDF

    & 4 more

  • Employee Count
    Not available
  • Acquired by
    Innoval

    (Oct 31, 2023)

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Products & Services of itk

itk offers a comprehensive portfolio of products and services, including FarmLife, Vintel, Prevent, Presto, and Heat Stress Protect.

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Primary

Platform for monitoring animal health and performance in agriculture.

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Tool for forecasting yields in perennial crops accurately.

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Service for agro-meteo alerts and protection against risks.

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System for automatic harvest prediction in farming blocks.

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Assurance tool for managing thermal stress in dairy farms.

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Software for analyzing and optimizing annual crop production.

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Solution for monitoring and caring for banana crops effectively.

Funding Insights of itk

itk has successfully raised a total of $12.36M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $11.31 million completed in December 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in itk

itk has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include EDF, BNP Paribas and Banque Populaire.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investments in Europe and US are made by Starquest Capital.
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EDF is engaged in electricity production and distribution in France.
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Cooperative bank
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Investor details for itk

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Investments & Acquisitions by itk

Investments
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Investment portfolio details for itk

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Financial Statements - itk

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Detailed financials for itk

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  • Profit trends
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Itk Comparisons

itk Primary company
Description
Developer of a software platform for farm data analytics and...
Location
Clapiers, France
Founded Year
2003
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for itk

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Competitors of itk

itk operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as The Climate, SatSure, Fyllo, Fieldin and Fasal, among others.

Company Name Domain Founded year HQ Location Description
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Integrated platform providing hardware and software for farm and weather data analytics
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Geospatial data analytics are powered by AI for business insights.
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Fyllo is engaged in providing agritech solutions for farmers.
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Solution provider to increase efficiency & reduce losses in the harvesting of farm production
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Crop data analytics solutions are provided for precision farming practices.
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AI and data-based farming insights are provided to farmers.
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Detailed competitors of itk

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Latest news on Itk

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Complete news archive for itk

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Frequently Asked Questions about itk

itk was founded in 2003 and raised its 1st funding round 8 years after it was founded.

itk is headquartered in Clapiers, France. It is registered at Clapiers, Herault, France.

Eric Jallas is the current CEO of itk.

itk is a funded company, having raised a total of $12.36M across 3 funding rounds to date.

Founded in 2003 in Clapiers, France, the company operates in agriculture technology. Software is provided for farm data analytics and precision planning of agrochemicals and fertilizers on field and horticulture crops, with emphasis on vineyards. Vineyard irrigation is managed through monitoring of water stress and deployment optimization. Analytics are conducted using satellite imagery and scout-entered data to predict yields and generate variable rate prescriptions for fertilization and irrigation.

itk's top competitors include Fyllo, Fasal and The Climate.

itk offers FarmLife, Vintel, Prevent, Presto, and 3 more products and services.

itk has 5 investors. Key investors include EDF, BNP Paribas, Banque Populaire, Starquest Capital, and INNOVAL.

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