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
AgricultureTechnology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Itk Sas
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of itk
itk offers a comprehensive portfolio of products and services, including FarmLife, Vintel, Prevent, Presto, and Heat Stress Protect.
Platform for monitoring animal health and performance in agriculture.
Tool for forecasting yields in perennial crops accurately.
Service for agro-meteo alerts and protection against risks.
System for automatic harvest prediction in farming blocks.
Assurance tool for managing thermal stress in dairy farms.
Software for analyzing and optimizing annual crop production.
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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $11.3M
-
First Round
First Round
(01 Jun 2011)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Series A - itk | Valuation |
investors |
|
| Jun, 2015 | Amount | Seed - itk | Valuation |
investors |
|
| Jun, 2011 | Amount | Seed - itk | Valuation |
investors |
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Investments in Europe and US are made by Starquest Capital.
|
Founded Year | Domain | Location | |
|
EDF is engaged in electricity production and distribution in France.
|
Founded Year | Domain | Location | |
|
Cooperative bank
|
Founded Year | Domain | Location |
Investments & Acquisitions by itk
Financial Statements - itk
Itk Comparisons
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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Integrated platform providing hardware and software for farm and weather data analytics
|
|
| domain | founded_year | HQ Location |
Geospatial data analytics are powered by AI for business insights.
|
|
| domain | founded_year | HQ Location |
Fyllo is engaged in providing agritech solutions for farmers.
|
|
| domain | founded_year | HQ Location |
Solution provider to increase efficiency & reduce losses in the harvesting of farm production
|
|
| domain | founded_year | HQ Location |
Crop data analytics solutions are provided for precision farming practices.
|
|
| domain | founded_year | HQ Location |
AI and data-based farming insights are provided to farmers.
|
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. The company's 1st funding round was a Seed of $487.45K, raised on Jun 01, 2011.
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.